Not very much encouragement for Green Energy, from the fossils in Westminster. I wonder why.
Robert Peston has a special programme on tonight after the late news Clocky, I guess it will be pretty interestingNot very much encouragement for Green Energy, from the fossils in Westminster. I wonder why.
Not very much encouragement for Green Energy, from the fossils in Westminster. I wonder why.
I can see that being a key battle at the next GE. It is the one area currently I think Labour are presenting a decent plan on. I must admit though I am all for nuclear power as well, so pleased to see Sizewell C going ahead.Not very much encouragement for Green Energy, from the fossils in Westminster. I wonder why.
I am with you on that. I would like to hear more of what we are doing, and less of why we have to do it. The conservatives have scored a huge own goal with Truss and Kwarteng, and it looks like the media arent ready to let that go yet. The other major events though have been a challenge any govt would have racked up huge economic challenges with. I dont believe in Labour's economic narrative at all I am afraid, but there is time yet for me to be won over. Today feels like a solid step, but with a lot more yet needed.All things that a government is there to deal with FellTop. I used to joke with my staff and say I don't want to hear what the problem is, I want to hear what you are going to do to fix it.
As far as I can see Hunt did what he promised to do, he raised income tax and cut services, but if we are all in it together it appears to me that wealth taxes are conspicuous by their absence.
Not very much encouragement for Green Energy, from the fossils in Westminster. I wonder why.
Interestingly here in Scotland there's been a flurry of activity from developers. Some of whom have had projects sitting stationary for over a year, all of a sudden they're very keen to resolve issues.
I believe we can have both tbh. There needs to be a balancing somewhere and austerity to some point is necessary. It doesnt look as bad as it was in 2010, thankfully. There is enough on offer though for the sort of infrastructure and technology investments to create a much faster bounce back. Lots of people outside of govt can help with that. Here is hoping.Now seems the perfect time to go for it, its an opportunity to become world leaders in a new technology, and a lot more exciting than the Sunak and Hunt austerity trail.
I am with you on that. I would like to hear more of what we are doing, and less of why we have to do it. The conservatives have scored a huge own goal with Truss and Kwarteng, and it looks like the media arent ready to let that go yet. The other major events though have been a challenge any govt would have racked up huge economic challenges with. I dont believe in Labour's economic narrative at all I am afraid, but there is time yet for me to be won over. Today feels like a solid step, but with a lot more yet needed.
I can see that being a key battle at the next GE. It is the one area currently I think Labour are presenting a decent plan on. I must admit though I am all for nuclear power as well, so pleased to see Sizewell C going ahead.
That is fair. There are people who will continue to have wealth beyond reasonableness, who get away without paying a fair share. I was hoping to see something on second homes, following up on what the govt did in Jan. I think we can further there, for example, as a means to tax wealth fairly, as well as income.I think that Hunt and Sunak have done a decent job in the circumstances, they look as though they understand the markets and have done what needs to be done without spooking them like Truss and Kwarteng did.
I just don't get taken in by the "all in it together" mantra.
That is fair. There are people who will continue to have wealth beyond reasonableness, who get away without paying a fair share. I was hoping to see something on second homes, following up on what the govt did in Jan. I think we can further there, for example, as a means to tax wealth fairly, as well as income.
I expected to see something on Corporation Tax, Inheritance Tax and the non-dom status
Scrapping non-dom status would raise £3.2bn according to the London School of Economics
In 2017 the Duke of Westminster inherited £8.3bn and paid no tax on it.
In 2016 the annual handout to business from the taxpayer was £93bn, presumably we are paying a similar amount today.
I'm no financial expert but something in those numbers smacks a bit of wealth inequality to me FellTop
I don't have enough knowledge to say that a definitive answer is in those figures Flash, but I have read enough on the subject to see that wealth tax could be used along with income tax to help our economy. I can't understand why both the Conservatives and Labour are reluctant to address the issue of a wealth tax.Looking at the size of those figures and given that the "black hole" is estimated to be £50bn by the Conservatives, it's not hard to see how we could make a much speedier exit from austerity 2.0 if they actually wanted to.
I don't have enough knowledge to say that a definitive answer is in those figures Flash, but I have read enough on the subject to see that wealth tax could be used along with income tax to help our economy. I can't understand why both the Conservatives and Labour are reluctant to address the issue of a wealth tax.

I don't have enough knowledge to say that a definitive answer is in those figures Flash, but I have read enough on the subject to see that wealth tax could be used along with income tax to help our economy. I can't understand why both the Conservatives and Labour are reluctant to address the issue of a wealth tax.