Off Topic JULY 4th 2024 6 months JAN 2025 ..chaos+ more fibs +roughshod attitudes+backtracking +++ C R A S H++

Reprintt is the least likely Labour voter on here

 

its tongue in cheek! ...........

 

Britain’s long-term borrowing costs are nearing their highest level since 1998 amid fears that Rachel Reeves is failing to balance the public finances.
The yield on 30-year UK gilts – a benchmark for the cost of servicing the national debt – jumped as much as nine basis points to 5.63pc on Tuesday, close to a 27-year high.

This reflected the biggest daily increase of any major global economy, as economists warned that Britain was paying a “moron premium” on its debt – a phenomenon whereby investors charge countries more to borrow because of previous policy missteps.
Rising borrowing costs will increase pressure on the Chancellor as she prepares for her autumn Budget, with some predicting she will have to raise taxes significantly to plug a hole of up to £50bn in the nation’s finances.

just hours after Torsten Bell, the former head of a Left-leaning think tank, was appointed to lead Ms Reeves’s Budget preparations
prior to becoming a Labour MP, Mr Bell proposed scrapping the triple lock and taxing pensions more.

Mel Stride, the shadow chancellor, said: “Labour’s latest appointment confirms their intent – higher taxes, more borrowing, and punishing success.”

Britain’s debt costs have been the highest among G7 economies since the Chancellor’s spring statement in March.
At the time, she was forced to restore £9.9bn of fiscal headroom to meet her borrowing targets.
She faces an even bigger task to do the same thing in autumn.

Alex Kerr, at Capital Economics, predicted that Ms Reeves will have to raise between £17bn and £27bn, “most of which will probably be funded by tax rises”.

 

July 4th 2024 ....DISASTER DAY ... CHANNEL crossings were were in decline and none arrived on polling day! They were waiting to see if the Tory .gov got back in so they wouldnt chance wasting their money ......... 25th August 2025 52,743 taken advantage in the 13 month's of non stop freebie grabbing and hopefully free 4 or 5* accomodation. [ one migrant interviewed yesterday had been in a top rated hotel for over 12-14 month's ]

Take the post above £17,000,000,000 tax rise ................. guess what! ......... no covid and we would still have a Tory .gov .................. guess what if 53,000 illegals hadnt crossed the channel we would be facing £ 17,000,000,000 tax rise, which will be on going because we have to borrow £??? bns to pay for Liebours shortcomings.

A COUNTRY WIDE POLL OVER THE LAST FEW DAYS HAD THE question ..........
"name 1 good thing 2 TIER GRANNY Harmer has achieved in first 12 month's 99.99999999% blank forms!

 

Reckless borrowing, reckless spending and high taxation

A government who won’t make cuts where theyre needed and a bunch of incompetents in charge

What could go wrong

 

The UK government did not do its own analysis of the cost of the biggest reorganisation of councils in England for decades, the BBC has learned.
Deputy Prime Minister Angela Rayner said "a significant amount of money" could be saved by merging councils in 21 areas into single authorities.
Rayner's department, the ministry of local government, based its cost estimates on a 2020 report commissioned by the County Council Network (CCN) that said £2.9bn could be saved over five years.

But the CCN has since revised its analysis and now says the reorganisation could make no savings and actually cost money in some scenarios.

The government will decide which proposals to take forward and intends to inform most councils next year.
A government spokesperson insisted the reorganisation "will improve services and save taxpayers' money".
Speaking to MPs in June, Rayner said: "Local government reorganisation will lead to better outcomes for residents and save a significant amount of money that can be reinvested in public services and improve accountability."
But her department insisted it was not necessary to commission separate in-house analysis of the cost of reorganisation at the public's expense, in response to the BBC's freedom of information request.

A PwC report in 2020 estimated potential savings of £2.9bn over five years if all councils in two-tier areas were replaced by single authorities.
But in updated analysis this year, external, the CCN said the reorganisation could cost £850m over five years
and deliver no savings if 58 new councils, based on a minimum population of 300,000, were created in all 21 two-tier areas.

"Under this scenario no long-term efficiency savings would be delivered, meaning it would be more efficient to retain the current two-tier system in England," the CCN's analysis said.
Oliver said the CCN's analysis showed "that splitting county areas into unitary councils with populations as small as 300,000 will create hundreds of millions of new unsustainable costs for local taxpayers".

The District Councils' Network (DCN) said the reorganisation could produce poor results given the funding pressures already facing local government.
"It's astonishing that the government has undertaken no independent analysis before embarking on the biggest reorganisation of councils for 50 years," said Sam Chapman-Allen, chair of the District Councils' Network.

HERE WE GO AGAIN .LACK OF PLANNING AND GROUND WORK BEEN HERE BEFORE .............. GB ENERGY AND NET ZERO! / . WINTER FUEL ALLOWANCE???? ./ IMMIGRATION!

 

Super F I B B E R .........Ed Milliband!!!!!!!!!!!!!!!!!!!!!

Renewable subsidies also incentivise wind farms to try to export power even when supplies are already plentiful, because they are guaranteed a fixed price under the Government’s contracts for difference (CfD) scheme.
In Dorenell’s case, [ large on shore wind farm in Scotland ] accounts show the onshore wind farm was paid for 591,164 megawatt hours (MWh) of power in 2024. Only 297,137 MWh of this was actually exported [ joined the UK grid ] – suggesting 294,027 MWh, or 49pc, was curtailed ... . [ paid for but not used or generated ]
The wind farm has a CfD with an inflation-linked strike price of £82.50 per MWh in 2012 prices, worth about £112 per MWh in current prices.
But Sam Taylor, a former fund manager who now runs Scottish non-profit These Islands, said the huge amount of curtailment meant Dorenell was effectively paid £227 per MWh for the electricity it actually supplied to the grid last year.

This compares to an average price of £77 per MWh paid to gas-fired power plants during the same period, according to energy consultancy Ember.

‘Dishonest’ renewable claims
Mr Taylor said the figures underscored the “dishonesty” of claims by Mr Milliband, the Energy Secretary, and other politicians that renewables would cut consumer energy bills.
He said: “I am not a net zero sceptic, but I do wish politicians would tell the truth about these issues.
“If you believe energy security is important, and that we have a responsibility to cut our carbon emissions, then you can make a good argument for renewable energy.
“But I don’t think it is right to say it will bring bills down and that is the dishonest part.”
Net zero subsidies cost British households £280 a year [ on your gas/electric bills! ]

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Ed Miliband's energy bill gaslighting has just been exposed

 

It’s been a big fat lie from the start

We’ve had Net Zero subsidies added to our bills for years, and yet, I don’t recall ever being asked whether I was prepared to pay up to 25% of the bill to fund this nonsense ? That’s because I wasn’t asked !

If energy bills were at reasonable levels it would be slightly different, but even then people should have been told the truth from the beginning. I’ll wager that a vast proportion of the population don’t even know we’re being scammed out of our hard earned money when this government promised lower bills

Yet again it’s endorsed by the uni party

 

The UK is obligated to provide food and shelter to asylum seekers under the HRA and ECHR. But the UK isn't obligated to provide the same for British citizens.

There will be no asylum seekers sleeping on the streets tonight, but ≈12,000 homeless Brits will.

Meanwhile.... https://x.com/Migrant_Auditor/status/1957767986002960535?s=19

 

The individual responsible for this video ate some pasta while at the hotel. He was arrested at his home by police in riot gear for burglary. We need as a nation to be kept safe.

 

over 350,000 homeless in UK

 

Seriously?