The U.K. government has been completely silent on how much extra money the state will give emerging economies every year up to 2035 despite signing a formal pledge that the world annual total from 43 richer countries will treble.
So far the U.K. pledged ÂŁ11.6 bn of state finance over the period 2021-2 to 2025-6. Unlike other countries that mainly offered loans the U.K. mainly sends grants. (85%).
Given taxpayers had to pay for the travel and hotel bills of 470  U.K. participants in COP 29 you would have thought they could provide the PM with a clear bill to present to the Chancellor, and should tell the rest of us who will be paying  it.
If over the next five years we just double the last, on the way to trebling  next decade, that is another ÂŁ11 bn black hole entirely of this governmentâs making.
Time to come clean.
November 30, 2024
It won’t end until the Trotskyites, socialists and communists run out of other people’s money. That will happen only when the UK is forced yet again to go to the IMF for a bail out.
November 30, 2024
Unlikely to be long with the Reeves tax borrow and piss down the drain lunacy, the net zero lunacy, nationalisation lunacy and workers rights lunacy, anti-car lunacy and war on landlords insanity. 180 degrees out on every single issue.
November 30, 2024
Indeed a large black hole and a complete waste of money too that will achieve nothing at all. But this was supported by the Tories and the foolish Sunak for 14+ years and still is now. Claire Coutinho is still sitting on the fence of the âwe support the net zero lunacy it is vitalâ but would go just a bit more slowly. Thank goodness for Trump who will hopefully will expose the net zero lunacy and bogus science in all its evil glory.
He will hopefully do the same for the vast net harm Covid Vaccines, the woke lunacy and the push for more free speech.
November 30, 2024
Charles Moore today.
âRevealed: Sir Keir Starmerâs guilty secret â he doesnât like politics
The Prime Minister does have an ideology. He believes human rights should be our religion and lawyers its high priestsâ
The last thing this country needs is more laws & lawyers, more international organisation, more taxes, more enforced so called ârenewablesâ and more net zero.
November 30, 2024
âClimate change payments are a new large black hole in budgetâ indeed but far larger than this direct (and pointless expenditure) is the huge damage done to the economy by the whole net zero and expensive energy agenda. To the car industry, farming, fertiliser, concrete, steel, gas, oil and many other industries and jobs thus exported and jobs lost.
November 30, 2024
Since Two-Tier-Keir appointed a convicted fraudster as Transport Minister; a serial liar as Chancellor; a race-baiting, anti-British embarrassment as Foreign Secretary; and a mad Eco Zealot as Minister for No Energy ….. as well as personally being “the freebie king of Westminster” …. I would suggest that the chances of getting some honesty about the additional ÂŁbillions it has pledged to print/borrow/tax to give away on the UN’s Climate Scam are about the same as me winning the lottery …. when I don’t participate .
November 30, 2024
Post of the day.
+1
November 30, 2024
Great post. How did we get into this mess.
PS, has the cost of nationalising and ‘rebuilding’ the railways in public ownership going to cost? Has that been ‘fully costed’? it was in the manifesto.
Reply No, not fully costed. Rail largely nationalised by last government and already costing a fortune, but it will get worse.
November 30, 2024
PPS, an interview on Daily Sceptic with David Frost is well worth a view.
November 30, 2024
There must be black holes inside the skulls of members of this government. The disconnects between what was said in the Labour manifesto and what has already done, or now says it will do, must be unprecedented. The disconnects between its demands for high standards in public life while in opposition and the actual behaviour of ministers now they are in office must also be unprecedented. Barring some miracle we must endure this disaster of a government for another four years.
Footnote: the election petition has now reached 2.9 million votes.
November 30, 2024
More lunacy from the BBC on QT and Any Questions. The only sensible person from the 11 including the 2 Chairs was Mogg and even he is potty on things where his religion cuts in. He thinks the life of a frail and dying 95 year old is as valuable as that of a fit, healthy 12+year old. So presumably if they both needed a liver transplant and had only one liver free he would toss a coin and let god decide! Or is the elderly person needed a kidney he would take one of the 12 year olds two? Very little sense from the typically very unrepresentative audience either.
Has he not heard of and understood the concept of Quality-Adjusted Life Years?
November 30, 2024
If Mogg really believes in this equality of a life then logically he would abolish the use of QALYs by NICE and government! Is this really his view?
November 30, 2024
Good morning.
The money is going somewhere. Question is, who too and for what ? Because it ain’t gonna reduce CO2 levels, that’s for sure đ
If I were somewhat cynical (stop laughing at the back) I would say something nefarious is going on ? You know, the odd ‘kickback’ or two đ
November 30, 2024
Indeed to whom and for what?
Even if it did reduce CO2 a little this is not a positive anyway. A bit more plant food is a net good.
I was fairly cynical as a child the older I get the more I realise I am not cynical enough.
Take for example Jo Moore, who works for Stephen Byers, the Secretary of State for Transport, Local Government and the Regions on 9/11 âa good day to bury nad newsâ or indeed the pushing of the Net Harm Covid vaccines by Big Pharma, Government, MSM, the compromised âvaccineâ regulators, government âexpertsâ world organisations, Handcock & Neil Oâbrian types. Let us hope Trump, Kenedy and his team will expose all this too.
November 30, 2024
It is a bit surprising the government are even allowed to conceal how much they are committed to pay as a result of both COP and Chagos treaties. Why arenât the Conservatives highlighting this ?The extent of Conservative opposition to the government is moaning about EV car quotas that they themselves brought in.
November 30, 2024
Look upon the positive side. It hastens the day this gathering of losers are forced to go begging to the IMF.