Labour policies

[victor]

Sainsburys laying off 3,000,Morrissons laying off hundreds etc .These policies really starting to work then

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[medsec222]

Who would have thought that increasing National Insurance, the minimum wage, and enhancing workers rights from day one would cause businessess to pull up the drawbridge and cut costs, starting with making staff redundant and closing stores.

[TheOstrich]

Absolutely, and if we are determined to get folk off Disability Benefits and back into full-time labour, where are the jobs going to be coming from?

Labour are doing a very good job of tying themselves in knots over this one ......

[Workingman]

Unfortunately for some of you I remember the Conservative manifesto produced when they knew they were going to be slaughtered. It was more than sunlit uplands and unicorns, it was no VAT hikes, no tax hikes, 2p off NI and many other things they knew would never be realised: Liz 2.0.

Now they are using it to slag off Labour, however, had they somehow managed to win they would be doing much the same as Labour in order to mitigate their 14 years of disastrous economic mismanagement.

When Labour came to power I did say that in the first 18 months lots of dirty work would have to be done, and I was right. Nobody should be surprised because whoever won would have had to tread a similar path. Maybe not the same, but tough choices would have had to be made.

[cruiser2]

I am not an accountant like "Rachel from Accounts"

But surely itis better to get £10,00 form 1000 people than £100 from 100 people. It means if youlose one person from the first set you only lose £10.00

Loose one from the second set and you lose £100.00, i.e 10% of the income.

Send her to Specsavers. She might see some sense.

[cruiser2]

And now lloyds bank have joined the club. They are closing a lot of branches as in their words. " customers are going digital"

Whathappens if here is a power failure or the systembreaks down.

I am keeping cash.

[Suff]

It is all quite amusing really.

Labour has zero intention of growing the economy or enacting any policies which will grow the economy. Because growing the economy means being fair with companies and encouragning them to grow and this does not fall into their "make everyone have an equal life" fairy story.

So they are going to have to tax everyone and everything, except their target groups, into submission.

For those who are not watching the Global situation Norway increased their wealth tax by 1.1% on the super rich and NOK 600bn walked out the door, mainly to Switzerland. This is what happens when your left wing government promises everyone they will "stick it to the super rich and milk them for money". They go away. I'm sure we all remember the tax exiles???

Labour will do what Labour does. Blair kept a very strong hand on that and followed a semi Tory agenda on taxes. Keeping him in power. Starmer will not and it will not go well for him. Meanwhile people are all butthurt because Labour are not doing what they said they would not do and are fuming about it and saying Labour betrayed them.

Meanwhile Reform presents a classic Tory manifesto from decades gone by and the support for it grows month by month.

It would make a good comedy skit if it were not so true.

[Workingman]

So, the Norwegian super-rich are deserting the country that helped make them super-rich because of a 1.1% tax hike. My heart bleeds for them - not. They are moving their NOK 600bn to Switzerland but that's not a loss to the Norwegian exchequer of 600bn in tax.

I UK terms Norway is losing tax on £43bn, a number not quite so horrendous not emotive as 600bn.

Of course Labour wants to grow the economy, to say otherwise is just daft. Unfortunately it will have to sit on the back boiler for a while until the mess created by the Cons is sorted out. We all knew that would be the case but now that it is happening we are all super surprised!

As was often said when the Cons were in power: "suck it up, it's what we voted for".

[cromwell]

This is what happens when your left wing government promises everyone they will "stick it to the super rich and milk them for money". They go away.

True. It never ceases to amaze me that politicians think that the rich will just stand there whilst said politicians rifle through their wallets.

[Workingman]

In which Universe is 1% "sticking it" to the super rich? They will make it up on a few day's trading, and that's easier to do from London

The Cayman Islands and other places are just piggy banks to stash the cash. They do not have the draw of London with its culture, clubs, theatres, cinemas, exclusive shops, fine restaurants and other influential people.