• We'd like to take this opportunity to wish you a Happy Holidays and a very Merry Christmas from all at Golf Monthly. Thank you for sharing your 2025 with us!

AND HERE WE GO - THE 2019 GENERAL ELECTION THREAD

  • Thread starter Thread starter Deleted member 18645
  • Start date Start date
Status
Not open for further replies.
pauldj42 said:
I don’t think it’s a soundbite Bri, I’d expect these tweets to be in the manifesto, and I totally agree how it’s funded will be my issue.
I’ll save my laughing till then.;)
Click to expand...

In a moment of boredom a week or so back I looked at the share price of the Royal Mail, the rail companies and the water companies. Multiply the share price by the number of shares issued and you get some eye watering numbers. To buy them back under a govt bond scheme, as was mooted before the 2017 GE, will see debts that will need serious profits from those companies to make it viable - and bear in mind one rail company handed back the franchise a couple of years ago because of losses, and another needed a £410m bailout(it paid the govt £313m to buy the franchise). And TransPenine Express is subsidised to the tune of £1.4bn over 9 years.

The water companies paid out £1.3bn in dividends in 2017. If the dividend was around the typical 5% you get an idea of how much money the water companies are worth as a business. And Labour are going to fund buying that via a govt bond?

I looked at the numbers the CBI produced last week as their projection for the amount of money Labour would need... unless Labour have come up with some very creative ways of funding their plans they will wreck the UK economy. Not might, will.
 
Bit of a weird Tory election broadcast just now, Boris trying to be a “man of the people” and failing miserably

It was a bit bizarre to say the least.
 
PhilTheFragger said:
Bit of a weird Tory election broadcast just now, Boris trying to be a “man of the people” and failing miserably

It was a bit bizarre to say the least.
Click to expand...
Just saw that myself on ITV, really couldnt work out how he thought stating not be able get a Thai curry delivered to No10 due to the high level of security made him a man of the people...
 
Hobbit said:
In a moment of boredom a week or so back I looked at the share price of the Royal Mail, the rail companies and the water companies. Multiply the share price by the number of shares issued and you get some eye watering numbers. To buy them back under a govt bond scheme, as was mooted before the 2017 GE, will see debts that will need serious profits from those companies to make it viable - and bear in mind one rail company handed back the franchise a couple of years ago because of losses, and another needed a £410m bailout(it paid the govt £313m to buy the franchise). And TransPenine Express is subsidised to the tune of £1.4bn over 9 years.

The water companies paid out £1.3bn in dividends in 2017. If the dividend was around the typical 5% you get an idea of how much money the water companies are worth as a business. And Labour are going to fund buying that via a govt bond?

I looked at the numbers the CBI produced last week as their projection for the amount of money Labour would need... unless Labour have come up with some very creative ways of funding their plans they will wreck the UK economy. Not might, will.
Click to expand...
I think they are aware that method would be costly. I suspect they will drive the cost down by setting standards and penalise .. possibly slowly clawing it back.
 
Hobbit said:
In a moment of boredom a week or so back I looked at the share price of the Royal Mail, the rail companies and the water companies. Multiply the share price by the number of shares issued and you get some eye watering numbers. To buy them back under a govt bond scheme, as was mooted before the 2017 GE, will see debts that will need serious profits from those companies to make it viable - and bear in mind one rail company handed back the franchise a couple of years ago because of losses, and another needed a £410m bailout(it paid the govt £313m to buy the franchise). And TransPenine Express is subsidised to the tune of £1.4bn over 9 years.

The water companies paid out £1.3bn in dividends in 2017. If the dividend was around the typical 5% you get an idea of how much money the water companies are worth as a business. And Labour are going to fund buying that via a govt bond?

I looked at the numbers the CBI produced last week as their projection for the amount of money Labour would need... unless Labour have come up with some very creative ways of funding their plans they will wreck the UK economy. Not might, will.
Click to expand...

I have to admit I've given up looking for logic or taking seriously any numbers or promises made over the next few weeks - the electioneering is one thing but the bickering and trying to get the last word is just beyond the pail.
 
BBC's headlines quote how the Lib Dem and Labour are complaining about the response to the floods around Doncaster etc.; floods that have not occurred before in 100 years. Its bloody tragic for those caught up in it and the last thing they and the emergency services need is MPs and associated media circus tramping around getting under their feet and making it a political football.
 
Hobbit said:
In a moment of boredom a week or so back I looked at the share price of the Royal Mail, the rail companies and the water companies. Multiply the share price by the number of shares issued and you get some eye watering numbers. To buy them back under a govt bond scheme, as was mooted before the 2017 GE, will see debts that will need serious profits from those companies to make it viable - and bear in mind one rail company handed back the franchise a couple of years ago because of losses, and another needed a £410m bailout(it paid the govt £313m to buy the franchise). And TransPenine Express is subsidised to the tune of £1.4bn over 9 years.

The water companies paid out £1.3bn in dividends in 2017. If the dividend was around the typical 5% you get an idea of how much money the water companies are worth as a business. And Labour are going to fund buying that via a govt bond?

I looked at the numbers the CBI produced last week as their projection for the amount of money Labour would need... unless Labour have come up with some very creative ways of funding their plans they will wreck the UK economy. Not might, will.
Click to expand...
What if it worked though Bri?
What if? Would we better off as a Nation for it?
For all the worries over the Labour spending plans I don’t believe the tories have exactly been successful over the last 10 years.
As for Manifesto’s it’ll be easy to pour scorn on Labours as they’ve promised costs, the tories are refusing to cost theirs and Farage has stated the Brexit party won’t have one.
 
pauldj42 said:
What if it worked though Bri?
What if? Would we better off as a Nation for it?
For all the worries over the Labour spending plans I don’t believe the tories have exactly been successful over the last 10 years.
As for Manifesto’s it’ll be easy to pour scorn on Labours as they’ve promised costs, the tories are refusing to cost theirs and Farage has stated the Brexit party won’t have one.
Click to expand...

I gave up believing fairy stories many years ago.

Do you honestly believe its affordable? Yes, if they were implemented there'd be some huge benefits but what will it cost the man in the streets in terms of taxes?

ALL the parties are making outlandish promises to buy votes. It absolutely stinks but its what the UK parties do.
 
Hobbit said:
I gave up believing fairy stories many years ago.

Do you honestly believe its affordable? Yes, if they were implemented there'd be some huge benefits but what will it cost the man in the streets in terms of taxes?

ALL the parties are making outlandish promises to buy votes. It absolutely stinks but its what the UK parties do.
Click to expand...
True about fairy stories, but we’re currently living a nightmare and maybe we’d be better trying to shoot for the moon rather than dragging our ar5es along the streets.
 
pauldj42 said:
True about fairy stories, but we’re currently living a nightmare and maybe we’d be better trying to shoot for the moon rather than dragging our ar5es along the streets.
Click to expand...

I'm not sure quoting Peale, albeit bastardised, qualifies as a reasoned argument.
 
ColchesterFC said:
No income tax rise for anyone except the top 5% but if they go through with their pledge to raise corporation tax back to 25/26% that will hit a lot more than just the top 5% of earners.
Click to expand...
Was answering a direct post.(y)
I’ll wait to see the Manifesto before I could comment on that as I don’t know.
 
Status
Not open for further replies.
Top