Faced with charges of a borrowing splurge on so called capital investment the Treasury says there will be guard rails. They will not borrow all they will be allowed to under their new laxer rules. It would be more convincing if they told us how they choose the investments,how they will control them and what the actual borrowing limit is going to be.
The sad truth is the nationalised industries have  a dreadful record of unproductive and unprofitable investment. A very expensive Post Office computer system sent honest employees to prison and landed taxpayers with a large compensation bill. The Post Office has presented  taxpayers with accumulated losses of £799 million despite or because of the bad investment. HS 2, a nationalised railway, has been unable to deliver an important project to time or anywhere near budget. The project has had to be slimmed down losing its main point of going to the North of England. There will not be enough extra revenue to make a profit or pay the interest. The rest of the nationalised railway spends on capital only to need more subsidy and state support.
All the time roads are nationalised and paid for out of road taxes that greatly exceed road costs there is a case for further expansion and improvement in the network on state borrowing. Unfortunately this government so far has announced cuts in new road spending. Roads are crucial to our economic success as service providers and on line parcel deliveries come by van, ambulances drive to hospitals and trucks supply our factories by road.
There is no need for government investment into most energy projects. Customers are made to pay high prices for U.K. energy. If the government let the private sector make the investments we need in replacing imported LNG and building some additional gas turbine capacity we could boost growth and help lower world CO 2.
October 26, 2024
Government of whatever colour, and their increeasingly politicised civil service are incapable of running the UK economy as a whole, or any individual capital investment project within it. All end in failure in their purpose and overrun in their cost. Usually their purpose melts away before completion, leaving a trail of damage in their wake. Cause, the majority of politicians and their civil service are neither trained nor capable of running anything. They are no better than pox doctors clerks empowered beyond their pay grade.
The one person who seems to have realised this, apart from Nigel Farage, is Kemi Badenoch. Her stated intention would seem to be to professionalise the whole rocky edefice, political and civil service. I wish her well in achieving the leadedship and necessary control. The process is long overdue. It would be an indulgent luxury to think the present circus of incompetence can continue.
October 26, 2024
Your last paragraph is wishful thinking. Again I ask why would any private company build gas turbines or explore or oil and gas when they are demonised by all shades of the uniparty.
Because we will eventually start having rolling power cuts open cycle gas turbines will be panic bought by the government emitting loads of CO2 per mwh rather than efficient Combined Cycle units
This will totally negate any savings by Miliprats renewables.
France is blackmailing no idea Kier electricity for fishing rights and some jokers are laying cables from Morocco to UK which will be totally insecure.
Comedians the lot of them
October 26, 2024
Tasmania and South Australia were forced into emergency procurement of diesel generation when their green plans went wrong. Tanzania ran down it’s reservoirs exporting power to Victoria via Basslink, but it failed when the rains failed so they were unable to import backup power. South Australia cut too much dispatchable capacity and was left short when the Heywood interconnector to Victoria was damaged by a storm. There is a common theme.
October 26, 2024
I can;t think why autocorrect should think I meant Tanzania when I typed Tasmania. Perhaps it knows the situation I describe is more third world than first world?
October 26, 2024
Badenoch appears to be a WEF-approved candidate. I predict, if she becomes Party Leader, she will dutifully aim to deliver the WEF’s agenda.
October 26, 2024
As of 2022, Badenoch was not a WEF member. She may have joined when she attended Davos last year, though.
October 26, 2024
Agree
October 26, 2024
I agree.
October 26, 2024
agricola: âIt would be an indulgent luxury to think the present circus of incompetence can continue.â
It will unless the Uniparty Parliament is totally replaced as the âincompetenceâ is deliberate.
Ottmar Edenhofer, IPCC co-chair Working Group 3 2008-2015:
âOne has to free oneself from the illusion that international climate policy is environmental policy, Instead climate change policy is about how we redistribute defacto the worldâs wealth. Neue Zurcher Zeitung 14/11/2010
PM Johnson proclaiming to the World at the UN 22/09/2021 :
âWe were the first to send the great puffs of acrid smoke to the heavens on a scale to derange the natural orderâ.
PM Starmerâs speech to the UN General Assembly 26/09/2024:
âThe threat of climate change is existential and it is happening in the here and now.
So we have [to] reset Britainâs approach.â
CAGW is a hoax. The Net Zero Strategy âsolutionâ is designed to destroy our economy. The climate alarmism activists are trying to con us into believing that we are living on a different planet with a different atmosphere to the rest of the World, particularly China, India and Russia and that ending our 1% contribution to anthropogenic CO2 emissions will somehow âsave the planetâ.
Kemi Badenoch supports Net Zero.
October 26, 2024
The âprofessional politicianâ is the source of all our problems – people who make their money out of politics and who have no other means of support.
Why do you think that the Civil Service are not professional? They are not supposed to be businessmen because The State, which makes the rules, should NOT be competing with us. When they lose they change the rules, you see.
As usual you are 100% wrong in your analysis and therefore in your conclusion.
October 26, 2024
Governments are clueless about making investments, assessing risks and earning returns as your examples demonstrate. This Labour government promises to be the worst yet with its cavalier attitude to increasing debt and rush to spend our cash on sure fire losers (with Miliband leading the way). It is also evident that Starmer, in his struggle to define a “working person” could not care less about those who risk their time, effort and cash in investing in businesses. No wonder so many are watching and waiting the budget and whether to join those who have already voted with their feet and their wallets to move to more business friendly climes
October 26, 2024
Not so much clueless as they simply do not care what the âinvestmentsâ return. Not their money and not they who get the value from the spending.
JR says âA very expensive Post Office computer system sent honest employees to prison and landed taxpayers with a large compensation bill.â No it was incompetent and often dishonest top people at the Post Office, the software people, the DPP, judges, lawyersâŠnot an inanimate piece of software.
Talking of incompetent DPP, judges and lawyers. We have the clearly unsafe conviction of Lucy Letby (and denial of a right to appeal), the absurdly harsh tweet and âriotâ prosecutions, the two tier justice, the absurd political prosecution of the policeman with murder, the refusal of the judge to read out the statement from the Jury who correctly wanted to point out that he should never have been prosecuted. We even had the legsl âbanningâ of the New Yorker article about the clearly unsafe Letby conviction.
Meanwhile they release thousands of violent criminals and 100+ shoplifting offences get you a suspended sentence or more likely nothing.
October 26, 2024
Yes LL, something is very wrong with sentencing.
I saw a report of someone who drove 50mph through a 20 zone, ran through a red red light killing a pedestrian who was crossing the road. The killer got a 2 year suspended prison sentence for manslaughter and a 2.5 year driving ban. The judge justified a non-custodial sentence partly on the basis on the killer’s age (22) and concerns having been raised about his welfare.
Methinks he got off lightly.
October 26, 2024
Indeed countless examples of absurdly light and occasionally absurdly heavy sentencing. Two tier laws, two tier justice, two tier policing and two tier judges.
October 26, 2024
The driver, Ibnu Rizwan, was 28, according to the City of London Police in January 2023, after the conviction. Not so young. Or perhaps the judge knew better.
October 26, 2024
And with the DPP who authorised charging this police office with the absurd charge of murder putting the man through the trial (this as a political gesture to show government were doing something). The a judge released his name and refused to read out the sensible message of the jury questioning why one earth this absurd charge was brought. Pure politics and charged with murder rather than a lesser offence to doubly ensure an innocent verdict. Though he was surely innocent of even making a minor error in his judgement.
October 26, 2024
The only running this government will be doing is running our country into the ground. Let’s hope we survive the next 5 years and voters wake up and elect a new competent government. Of course, in 5 years, we will be so overrun with imported commonwealth voters who believe reparations are justified we won’t ever be able to recover. Wealth redistribution championed by the UN will be going into overdrive. Not only can’t Starmer define what a woman is now he can’t even define who a worker is. Why does he keep going on about chequebooks? When was the last time anyone wrote a cheque? This man is deluded and completely out of touch but is a danger to all our futures.
October 26, 2024
Will âthe marketsâ be willing to lend even more than the ÂŁ5,000 every second currently being borrowed by the government?
Iâm wondering whether to âfixâ some of my savings – as everyone (politicians, the BoE and the media) seems obsessed with getting interest rates much lower.
What is the relationship (generally) between the â10 year yieldâ on currently issued government debt and the BoE base rate?
October 26, 2024
I believe our host supports Jenrick for leadership of the party. I presume most contributors here are members of the Conservative Party – who do you support? I ask because I saw a poll of members yesterday which had Badenoch winning easily.
October 26, 2024
Sadly Mike I do not believe either of them or their competitors in the race who have already been knocked out.
True Jenrick did resign on an immigration principle of sorts, and Badenoch has spoken out about her feelings at the time, but they all went along with the lunacy of net Zero, higher taxes, a useless civil service, and failed in their own departments.
Conservative politicians used to be the people who owned and ran businesses, industry, engineering, construction, and banking.
Labour politicians used to serve their time also working in industry, or services with many in trade unions.
Nowadays few have worked in anything before becoming career politicians, and so know nothing about working conditions, profit, loss, return on capital employed, efficiency, people management, stock control. purchasing, sales, design, development, construction etc etc.
We are governed by theorists, with no practical experience, and no skin in the game, no wonder they are all failing.
October 26, 2024
I believe the culture of the Conservative Party stems from its leadership. In my opinion it’s the leadership who set the expectations and constraints of their MPS and the wider party too. It’s the leadership who control the Conservative Party’s narrative.
Naturally in the interests of their own advancement and preferment the MPs and Councillors will toe the line. It may not be what they privately agree with but they are obliged to do it. So when it comes to Robert Jenrick (whom I keenly support), I can understand why he mostly toed the line historically (even if he inevitably disagreed with chunks of it). He is largely unencumbered now and can mostly be himself and that is the real Robert Jenrick which, in my opinion, is what we should be looking at.
October 26, 2024
Paul
What is the point of becoming a politician if you are simply going to be voting fodder, and follow the Party line on every subject, we may as well have dummies sitting in the Palace of Westminster.
Where are the characters now that we had in past times, who were not afraid to speak their minds on a whole range of subjects, to question policy, to argue their point of view in debates, who thought about their Constituents and their Country, before their Party.
The whipping system is simply killing democracy and free speech.
Reply The whipping system got weaker in recent years. I for example did not vote for Huntâs tax raising budget, where the budget votes used to be the equivalent of a confidence motion where you have to vote the ticket or lose the whip.
October 27, 2024
Reply-Reply.
But you are a knowledgeable and strong enough character to that, unfortunately the majority of Mp’s do not seem to have that trait.
October 26, 2024
Well Kemi is a very heavy favourite in the voting home and dry I should have bet on her when not so Cleverly came top before his supporters become too clever by half. Jenrick is now saying all the right (Farage type) things. Ever almost even becoming a climate realist after his Damascine Conversion. But after Cameron, May, Boris, Sunak how on earth can we trust him anymore than these serial grade one liars?
Trump look reasonably safe too in the betting. Assuming he can stay alive for two more weeks that is.
October 26, 2024
Trump about 61% Harris 29%
Kemi 83% Jenrick 17%
Implied by the current betting odds.
I have not look up the odd for a replacement for the foolish Lammy.
I was in London the other day caught a bit of (bitter chip on the shoulder) James O’Brian on LBC. I listened for about only about 3 minutes to see if he was a moronic as usual. It only took 2 mins before (after attacking a perfectly sensible landlord caller he said something like :- I will respect landlords when they pay the same tax rates as workers. They already pay more you ignorant man. They pay 24% on Gains (but without inflation indexation) so this can often be 60%+ and they do not get interest deductions on rents so this can even be over 100% (thank to the idiot Osborne).
I think the dope is yet another Philosophy and Economics Chap this time LSE I think prob. A levels prob.too poor for Oxford despite a posh school.
October 26, 2024
what about the missing 10% of American voters, the betting companies are usually clever – was 10% a tie (ha ha).
October 26, 2024
LL,
Jobby is an OâBrien( the standard spelling) not OâBrian.
Spelling is important and that is your second mistake in as many days.
October 26, 2024
The betting implies 75/1 against the Trump ticket winning and Trump being assassinated before the Electoral College vote leaving Vance as the formal winner. Uncomfortably high.
October 26, 2024
Mike, I wouldn’t presume at all! several PMs ago a number of people on here may have had reducing sympathy with the Conservative and Unionist Party of the time. After each successive PM I would guess very few on here are still members, and probably didn’t vote Conservative recently.
October 26, 2024
Good morning
Don’t worry Sir John it is only money from the Private Sector that will pat for it. You know, the numerous small and medium firms. The ones less likely to be unionised and vote Labour.
October 26, 2024
It’s not investment; investment provides a useful end-product which will generate profits or facilitate the generation of profits.
What we’re getting is the usual tax, print, borrow and squander from the Westminster Uni-Party in order to promote the economy-wrecking policies of the UN and WEF.
If you “play the game” according to the language and rules of the left-wing Establishment, you will never win.
Change the language.
October 26, 2024
Is there anywhere to be found a business plan for HS2?
If anyone know of such a document would they please let me know how to find it because I have been asking for years to see such.
The cost of HS2 construction is just part of the cost of the project. The unrecorded costs to road infrastructure and disruption of normal travel on our road systems is massive and ignored.
When will the first paying passengers travel on the line now being constructed? What date will it become self funding? Baring in mind the current rail systems are not self funding and can’t even maintain their own overhead/running costs. They only exist by state support i,e. supported by tax payers contributions constantly paid to cover the running cost shortfall.
Who in Gordon Brown’s government that signed off the HS2 white elephant, thought arriving ten minutes faster in Birmingham was a great idea that warranted ongoing state funding off ÂŁbillions every year?
Reply Yes there was a business plan which was sufficiently bad for me to vote against the project when Parliament decided to go ahead. The hue delays and cost overruns have made it much worse.
October 26, 2024
HS2 was to be part of the EU’s Trans-National Transport Network, resulting in a Single European Railway area.
The original business plan was based on the “value” to the EU, not the UK. Following the Maastrict Treachery, we were required to manage our economy in the interests of the EU, not the UK.
https://transport.ec.europa.eu/transport-modes/rail/railway-packages_en
October 26, 2024
I completely agree. I am always concerned when I hear of any government embarking on big capital expenditure projects. The situation is made even worse when that money is borrowed. As Sir John identifies, it’s not like the government have a good track record in investing anyway so to borrow for bad investment is an especially awful outcome.
Government should acknowledge it is usually a bad investor and its projects to stimulate growth have often been very inefficient. Government can however stimulate growth very efficiently if it reduces the burdens on the participants in the economy (ie individuals and companies). If we want the government to stimulate growth efficiently / at all then we urgently need lower taxes and less bureaucracy right now.
As well as this we need sound leadership from a government and a PM we feel good about. Then people can spend without concern (a huge economic growth stimulant) and private businesses can invest (efficient economic growth stimulant). Alas I do not see any of this happening until Robert Jenrick becomes Prime Minister.
October 26, 2024
I’m no more of an economist than Rachel Reeves (!). But I and any clued-up person know that you get real economic growth from the private sector, not the public sector. It’s up to government to create the right environment for that growth, but that will not come with the present lot in power.
October 26, 2024
Or preferably Nigel Farage.
October 26, 2024
The only reason Governments need to ‘Invest’ in what would otherwise be commercial activities, is because the Government sees them as being good for us, but there is no commercial demand for them. This Government has indicated it will take steps to ensure (direct) money is invested by pension funds into projects it considers desirable, but if they were really promising, investing institutions would be clamouring to get a share without any prompting from above.
Arguably there are certain things such as health, prisons, defence to name a few, that the state needs to manage, but in this country, all of these are in chaos due to the incompetence of the politicians and public servants when trying to manage anything. Therefor any Government’s priority should be to get these things working properly before it sticks its nose into commercial projects.
I am afraid though, there is little chance of that happening.
October 26, 2024
The only reason Governments need to âInvestâ in what would otherwise be commercial activities is because the private sector has usually look at it and decided it would be a poor investment or often totally insane like net zero – and they are almost invariably right.
October 26, 2024
yes – the private sector will have ‘skin in it’ – public sector will not!
October 26, 2024
As long as the combined Uniparty, Whitehall and the Westminster MSM are riding high on the Net Zero Horse, all arguments are futile. This is an overarching ideology, nay: cult and is destroying industries, landscapes and the economy.
Do take a look at Germany where the Green Party has been in a coalition government. The economic decline is such that the German government is imposing “Leaving Taxation” on people. The everyday ‘investments’ in roads and traffic – always to the detriment of cars – is such that for example in Berlin the consequences of installing cycle paths means that politicians are seriously going to evacuate people from apartments and flats in the top floors of a line of houses because the fire brigades is now unable to reach those floors …
Get rid of Net Zero, stop the insane subventions for wind~ and solar ‘farms’ and watch people eager to invest and innovate.
October 26, 2024
Recent newspaper speculation about the Budget in the UK indicates that Keir-Ching! and Reeves are also considering “leaving taxation” for those trying to escape the Socialist Utopia they are aiming to create.
October 26, 2024
Such is the decline in Germany that due to under-investment their rail service is now even worse than in UK.
October 26, 2024
IMO its been worse for a few years.
October 26, 2024
Get rid of Net Zero, stop the insane subventions for wind~ and solar âfarmsâ and watch people eager to invest and innovate.
October 26, 2024
+1
October 26, 2024
25/10/2024 berlin.de âBike path in Kantstrasse: Lanes are being reorganisedâ.
So the problem in that one Berlin street has been solved.
October 26, 2024
Yes, Hefner, ‘solved’ after four years of fire station vehicles being blocked from using a fire station. Eco-madness, but par for the course with the Red-Green German political leadership.
October 27, 2024
A perfekter sturm in a Wasserglass for the usual German-hating Brit.
Only access to 35 buildings were âblockedâ by this bike lane, there is no fire station among these 35 buildings, and the fire department had the right to intervene in case of fire.
And the leadership of the City of Berlin is with the CDU (Kai Wagner).
âSenat und Bezirk einigen sichâ, 25/10/2024, rnd.de
Maybe, just maybe, it might help to learn the language and not believe everything the usual idiots write in this country. Just a thought?
October 26, 2024
Let’s get the idea out of our heads that labour want to make improvements – Just like blair did, Starmer is not investing in roads, not because we are not desperately short of road space, but for other reasons.
It is significant that while so little has been spent on keeping our road network up to scratch, over the years the government has paid huge subsidies to car manufactures to produce ever more cars in this country! Where is the balance
We shouldn’t expect Starmer to spell out his agenda or give reasons for why roads are being neglected once more — with energy shortly to be rationed and very expensive, along with the covid jabbing that will be going on, depopulation is very much a reality.
Why build more roads if you can decrease demand so easily.
October 26, 2024
Lowering demand (for new cars) will not reduce number of cars on the roads.
They need to do some radical things like have worked before – example each car can only be used 3 or 4 days per week (alternate days?).
Some countries can use numberplate to decide.
Others – ban over 85s driving at all….ouch (!’m ducking the bricks coming my way).
Under 21 drivers cannot have passengers aged under 21…..might be gaining some traction already.
October 26, 2024
If the driving population is reduced drastically, then there will be a lot less cars on the roads – how could it be otherwise?
October 27, 2024
but only a fraction of the driver population take to the road each day. To reduce the number of cars used each day other factors are needed.
October 26, 2024
Probably the main investment we need in our roads now is rebuilding them rather than occasionally patching up a pothole. Re-laying undercourses is of course a costly item, but it saves money on constant re-patching and is more economic. It also makes roads safer, and results in much less damage to tyres and suspensions. – which is now becoming a major expense for motorists, and should be taken into account. With the huge backlog in proper road repair it will of course take quite a number of years to catch up, but we need to make a start.
October 26, 2024
424 criminals arrived in the UK yesterday from the safe country of France âŠand you know why weâre not removing foreign prisoners early from jails; is because we canât deport them even once released
October 26, 2024
Governments for the most part do not invest they throw other peoples money around on ideological projects for personal self-gratification. Governments are empowered by the People to release them from the yoke of this type of tyranny, their job is to control expenditure not cause expenditure
October 26, 2024
The reality of Labour’s recent Investment Summit. Well bless my soul it was a sham (or should that be a scam?)
https://dailysceptic.org/2024/10/26/starmers-international-investment-summit-was-a-sham/
October 26, 2024
Off Topic, but an issue the PM said would be stopped.
Jacob Panons – BBC News, South East.
The number of migrants who have crossed the Channel in small boats in 2024 has already surpassed 2023’s total for the year, figures show. On Friday, 424 migrants crossed the channel to bring 2024’s total up to 29,578 – compared to 29,437 arrivals in 2023. The total in 2023 was down 36% on the record 45,774 arrivals in 2022.
The Home Office said it would “stop at nothing” to dismantle people-smuggling gangs and bring them to justice.
A Home Office spokesperson added: “Our new border security command will strengthen our global partnerships and enhance our efforts to investigate, arrest, and prosecute these evil criminals.”
So far in 2024, 556 small boats are known to have made the journey across the Channel.
October has also seen more arrivals of migrants and small boats than any other month in 2024, with 4,334 people and 77 boats.
October 26, 2024
Surely it was obvious when this ‘intention to dismantle the smuggling gangs’ was announced, that it was a try on. Rwanda, for all its drawbacks, was a physical reality, it had a successful precedent in Australia (Manus and Christmas Island), it was not vulnerable to permanent legal challenge, and many of the economic migrants waiting to take to a dinghy had already hung back because of the Rwanda plan. Once Starmer announced its revocation, they then popped up to say how grateful they were to the new PM for his ‘help’.
‘Smashing the gangs’ is as easy as smashing the drugs trade, i.e. of its nature completely impossible. Meanwhile, the Labour government can continue to pretend this invisible process of ‘gang smashing’ is proceeding apace, while they continue to do nothing visible at all. Labour welcomes all those dependent on benefits from the state, as they will help to provide a permanent voting majority for the party that champions taxpayer-supplied state dependency.
October 26, 2024
âIf the government let the private sector make the investments we need in replacing imported LNG and building some additional gas turbine capacity we could boost growth and help lower world CO 2.â
âHelping to lowerâ world CO2 is not the purpose of the Net Zero Strategy. It is to make our energy expensive and insecure thus destroy both our economy and military capability. There is absolutely no proof that removing our 1% contribution to anthropogenic global CO2 emissions will make any difference to the worldâs CO2 let alone make any difference to the climate.
The UN IPCCâs radiative model (for it is only a model) has been shown by Shula and Ott to be completely false. There is no back radiation, and hence greenhouse effect, because in air under ambient conditions the rate at which IR-excited CO2 molecules lose their energy through collisions with non-IR gas particles (viz Nitrogen), is 50,000 times greater than losing energy by spontaneously releasing a photon. Only at high altitudes where the air density is very low can the emission of photons occur to cause radiation to space and the planet to lose energy. Happer & Wijngaardenâs calculations match the observational data because they are looking ultimately at the very top of the atmosphere. But lower down convection (viz weather), not radiation, is the way the planetâs surface loses heat and the amount of CO2 in the atmosphere is too small to have any effect.
October 27, 2024
Oh yes, problem is the approach by Shula & Ott is completely perpendicular to that from Wijngaarden & Happer.
W&H use a radiative approach (but never address the change in downward radiation at the surface); S&O use an approach that does not make one little bit of sense given the way weather forecast and climate models work, ie time stepping.
OR, do you know what a time step is, and how integrating non-linear differential equations is done?
October 26, 2024
Pre-election, we were told by the Chancellor that she would not change the rules on borrowing! But, surprise, surprise, that is exactly what she is doing. As for government investment in the future, there is no chance it will bring a successful return. With the UK’s current debt, no serious Chancellor would increase it.
Of course, there is absolutely no interest in cutting government spending to balance the books and start repaying our debts. The lack of intelligence and common sense at the top of Government is frightening!
I don’t know who will win the conservative leadership, though I am inclined towards Badenoch, but five years from now, she or he will have a massive job to do to drag the UK out of recession, reduce taxation, start repaying debt and force the government to live within its income.
October 26, 2024
I was pleased to see that Lord Lilley was able to secure a debate in the Lords to discuss the costs of Net Zero. He was able to place on record some proper analysis of its costs and benefits, and to debunk some of the common myths about it.
https://hansard.parliament.uk/lords/2024-10-24/debates/DA117E0F-1B4A-4166-A971-ACF2B4EAB310/ClimateAgenda
He lambasted the policy based evidence making that lies behind so many government investment decisions, particularly from the CCC: Lord Deben blustered with cherry picked untruths in his response. Lord Frost as Chair of GWPF also made a useful contribution: GWPF have just produced a revised Net Zero costing if ÂŁ10 trillion – it’s behaving like HS2 as a project. Others to raise good points included Lords Moynihan of Chelsea, Strathcarron, and the Earl of Leicester.
October 26, 2024
The ministers in the Labour government has no experience of business and no experience of government. They are at the mercy of the permanent Civil Service who have proven themselves time and time again of being incapable of managing investment projects. This wonât change.
October 26, 2024
Currently, our âcash-strapped, on the verge of collapse NHSâ is advertising for:
âEquality, Diversity and Inclusion Champion- Women’s Health
Network
Posting date:
10 October 2024
Salary:
ÂŁ105,504.00 to ÂŁ139,882.00 per year
Additional salary information: ÂŁ105504.00 – ÂŁ139882.00 a year
Hours: Full timeâ
They have no intention of stopping their useless, wasteful spending, have they?
October 26, 2024
You just know that it will be a man declaring himself to be a woman who will get the job.
October 26, 2024
they might drown in applications.
October 26, 2024
Wow – I think I will apply, I assume that full-time working from home is fine?
October 26, 2024
Indeed. Hard to believe you will get the job unless you have the right NHS âcontactsâ and meanwhile junior doctors start on about ÂŁ34k gross even in London (about ÂŁ15k net after tax, NI, commuting costs, interest on student debts) rent in london on a room in a shared flat costs about that. A small boat arrival costs on average about ÂŁ41k PA, so nearly three times a junior doctorâs net income on working about 40+ hours a week.
October 26, 2024
Dear Sir John,
If governments and parliaments sanction billions of “investments” that they claim are financially worthwhile, these investments should be placed in a ring-fenced fund, initially to pay the pensions of MPs and ministers. All other spending classified as investment should be paid for out of current taxation and not permanent debt.
I have no problem with MPs and ministers (or central government employees) having good pensions, guaranteed by current contributions, but cannot help feeling that divorcing them completely from the health of the productive sector has a continuing malign effect on public policy.
October 26, 2024
Bad investment. I’ve just read a new horror report by a British surgeon about the ‘adverse’ effects of the covid injections. Not something I want to share with my injected relatives.
October 26, 2024
Got a link? If not, where did you read it?
October 26, 2024
Couldn’t agree more, this labour government is and will in future prove to be an unmitigating disaster for this country but having said that we all know they are only there courtesy of the inept Conservative Party who proved themselves to be completely ineffective from Cameron onwards
October 26, 2024
+1.
Why one earth did the appalling (and Vaccine safety blatant liar) Sunak throw the towel in six months early?