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-   -   Starmer’s chronicles (https://www.cableforum.uk/board/showthread.php?t=33712992)

papa smurf 29-06-2025 10:00

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Hugh (Post 36198654)
Speaking of u-turns, good to see you speaking up on behalf of the sick and disabled, when you previously thought that the vast majority are lead swingers…

Feel free to <removed>

.

Itshim 29-06-2025 11:36

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Chris (Post 36198601)
There’s a pretty monumental difference between a policy born of hubris in the 3rd term of the most consequential post-war prime minister of this country’s history (and which brought her down), thereby narrowly rescuing a general election 2 years later than nobody thought the Tories would win and, on the other hand, a government less than 12 months old, sitting on an epoch-defying majority of 156.

Thatcher and her party had by 1987 come to think they could do no wrong and Labour was gifting them permanent power by sticking with Neil Kinnock. It was obvious the poll tax was unpopular but they pressed on because they had drunk their own kool aid, bought their own propaganda, etc etc etc.

Starmer has no such excuses. He has a majority, he’s fresh in the job, and if this wasn’t merely the latest in a string of un-forced errors he would have a pile of political goodwill at his disposal. For him to mess up this badly, this soon, and to have to be seen appeasing backbenchers as if he thinks losing the vote is a serious possibility despite his massive majority … that’s mismanagement on a catastrophic scale.

He has no political capital left now. There’s no way he can lead Labour into the next election. I’ll not be remotely surprised if he’s out of No.10 a year from now.

Bet opposition hope him and his Chancellor stay put, what apair of losers:shocked:

1andrew1 29-06-2025 20:06

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Itshim (Post 36198659)
Bet opposition hope him and his Chancellor stay put, what apair of losers:shocked:

I suspect Badenoch fears that Starmer will eventually learn from his mistakes whereas a Rookie PM could well make the same ones.

Mr K 29-06-2025 21:14

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Itshim (Post 36198659)
Bet opposition hope him and his Chancellor stay put, what apair of losers:shocked:

And what's your ' dream team ' ? A country full of retirees and benefit claimants, expecting something for nothing from youngsters that have seen better opportunities. The buck stops with whichever fwits voted for it.

papa smurf 29-06-2025 21:30

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Mr K (Post 36198667)
And what's your ' dream team ' ? A country full of retirees and benefit claimants, expecting something for nothing from youngsters that have seen better opportunities. The buck stops with whichever fwits voted for it.

don't forget the winter fuel allowance :devsmoke:

papa smurf 30-06-2025 13:28

Re: Starmer’s chronicles
 
Impact of PM's welfare U-turn revealed ahead of pivotal vote

MPs will vote on the prime minister's welfare reforms on Tuesday - with a Labour rebellion against the measures still likely. Modelling undertaken by the government says that even with changes to the reforms forced by rebels, the legislation will still push 150,000 people into poverty.


oh dear it's not getting much better is it

https://news.sky.com/story/politics-...abour-12593360

thenry 30-06-2025 13:36

Re: Starmer’s chronicles
 
My local MP isn't having any of it

Quote:

Have now heard what the new PIP deal is.

It's for others to disclose and every MP must make up their own mind, but to me it's insufficient when better options have repeatedly been put forward and ignored.

I will be voting for the amendment/against the bill, alone if necessary.

twitter/x url

Paul 30-06-2025 13:39

Re: Starmer’s chronicles
 
Its not going to get better, since its removing payments to people (by design).
So unless they kill it completely, its obviously going to have a negative effect on someone.

nomadking 30-06-2025 13:48

Re: Starmer’s chronicles
 
Quote:

Originally Posted by papa smurf (Post 36198693)
Impact of PM's welfare U-turn revealed ahead of pivotal vote

MPs will vote on the prime minister's welfare reforms on Tuesday - with a Labour rebellion against the measures still likely. Modelling undertaken by the government says that even with changes to the reforms forced by rebels, the legislation will still push 150,000 people into poverty.


oh dear it's not getting much better is it

https://news.sky.com/story/politics-...abour-12593360

The benefits aren't supposed to exist to simply give everyone more free money. They will still get as much as others not receiving those extra benefits.

peanut 30-06-2025 14:53

Re: Starmer’s chronicles
 
Seems to be the mental health of the today's youth and young adults that's causing the issue / costs. Till they get to grips with that, as it stands it seems to be the easiest route to benefits.

This needs to be addressed properly before anything gets better. Such as GPs do need to crack down on this themselves by not giving out anti-depressants within 5 minutes of a consultation thereby anyone can then claim benefits on the back of it.

Paul 30-06-2025 17:39

Re: Starmer’s chronicles
 
I dont think the Mental Health of todays "young adults" is really that much different to the rest of time.
Most have simply found its a now a great way to get out of doing things, and get some free money as well.

Itshim 30-06-2025 17:45

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Mr K (Post 36198667)
And what's your ' dream team ' ? A country full of retirees and benefit claimants, expecting something for nothing from youngsters that have seen better opportunities. The buck stops with whichever fwits voted for it.

Can I have Trump please :shocked:

peanut 30-06-2025 17:48

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Paul (Post 36198715)
I dont think the Mental Health of todays "young adults" is really that much different to the rest of time.
Most have simply found its a now a great way to get out of doing things, and get some free money as well.

This was pretty much my point. It's now way too easy to use it as an excuse and way too easy to be diagnosed. (Or prescribed meds).

I'm not saying Gen Z's have it easy because the don't, but they're are a different species compared to any other, they just can't handle life.

But Mental health is the No1 reason to claim, and it's rocketed since Covid (depression / anxiety).

OLD BOY 30-06-2025 20:00

Re: Starmer’s chronicles
 
Perhaps after his first year in office, now is the time to look at Starmer's record so far. Even I thought he would do better than this.

1. The number of illegal immigrants has increased by 46% and the gangs have not been smashed. Now he's attempting to get renters to evict tenants to make accommodation for the illegal hordes. Britons lose out.

2. He has allowed Rachel from Accounts to make a tax grab of £40m at the expense of businesses and taxpayers. This has resulted in contraction in the economy as businesses are forced to make economies and employment opportunities decline. UK forecasts for growth have been reduced by half as a direct result.

3. The winter fuel allowance has been denied to many who need it, causing increased levels of poverty and reducing the ability of the people who cannot afford to lose the allowance to heat their homes in freezing weather.

4. The number of wealthy businessmen leaving the UK has increased by 157%. This 1% of people in the UK represent 24% of the economy, and does nothing other than pander to those left wing idiots who still don't grasp that our public services rely on these contributions. Jealousy reigns over common sense.

5. Mad Miliband has been allowed to pursue his stupid net zero policies, resulting in criminally expensive energy bills.

I have just realised that I don't have the time to go through the very long list of failures by Starmer's government, which also include the notorious farm tax on inheritence, lumbering the most popular councils in the south east with impossible housing targets when the north is crying out for investment, the genuinely disabled are being threatened with reductions to their pip payments when the real scroungers will be left alone, they have abandoned the WASPI women... I could go on.

I would say that in his first year, Starmer has failed completely. He still has 4 years to reverse the damage though.

Yes, I'm the eternal optimist.

papa smurf 30-06-2025 20:04

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Itshim (Post 36198717)
Can I have Trump please :shocked:

open a window if you do

1andrew1 30-06-2025 21:43

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Itshim (Post 36198717)
Can I have Trump please :shocked:

No PM in the UK has ever been as bad as to merit Trump being PM.

daveeb 01-07-2025 10:06

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Itshim (Post 36198717)
Can I have Trump please :shocked:

You're more than welcome to him.

---------- Post added at 10:06 ---------- Previous post was at 10:05 ----------

Quote:

Originally Posted by 1andrew1 (Post 36198747)
No PM in the UK has ever been as bad as to merit Trump being PM.

Although a couple have done their best :erm:

thenry 01-07-2025 17:07

Re: Starmer’s chronicles
 
Trump would be against these reforms

https://www.bbc.co.uk/news/articles/cpvmdm1m7m9o

Bullshit equality in right to try

https://thehill.com/homenews/adminis...i-plane-crash/

Itshim 01-07-2025 17:37

Re: Starmer’s chronicles
 
Quote:

Originally Posted by thenry (Post 36198766)
Trump would be against these reforms

https://www.bbc.co.uk/news/articles/cpvmdm1m7m9o

Bullshit equality in right to try

https://thehill.com/homenews/adminis...i-plane-crash/

That's a step in the right direction. :D

Itshim 02-07-2025 17:25

Re: Starmer’s chronicles
 
Seems that companies are looking to get out of London stock exchange, for USA guess the weeping lady is really spooking them.

Pierre 02-07-2025 17:54

Re: Starmer’s chronicles
 
Crying on the front Bench! Bizarre.

thenry 02-07-2025 17:56

Re: Starmer’s chronicles
 
Their stuck up the monarchy and feel the pain of the realm they are collectively in.

papa smurf 02-07-2025 18:18

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Pierre (Post 36198846)
Crying on the front Bench! Bizarre.

being reported that it's wiped £4 billion off the markets

Hugh 02-07-2025 19:43

Re: Starmer’s chronicles
 
Quote:

Originally Posted by papa smurf (Post 36198848)
being reported that it's wiped £4 billion off the markets

Where is that being reported, please?

denphone 02-07-2025 19:44

Re: Starmer’s chronicles
 
Quote:

Originally Posted by papa smurf (Post 36198848)
being reported that it's wiped £4 billion off the markets

Crying does not wipe £4 billion off the markets.

Political decisions might.

Paul 02-07-2025 19:46

Re: Starmer’s chronicles
 
I dont know if it specifically mentions that, but there is an article here on the pound falling and borrowing costs increasing.

https://www.bbc.co.uk/news/articles/cx2l99eegzpo

Quote:

Borrowing costs have surged sharply, and the pound has fallen after a tearful appearance by Chancellor Rachel Reeves in parliament.

nomadking 02-07-2025 20:26

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Hugh (Post 36198852)
Where is that being reported, please?

Borrowing costs jump and pound falls on Chancellor's tears
Quote:

Borrowing costs have surged and the pound has fallen after a tearful appearance by Chancellor Rachel Reeves in parliament.
Reeves was at Prime Minister's Questions on Wednesday following the government's U-turn on plans to cut billions of pounds through welfare reforms.
Markets reacted after her emotional state sparked speculation about her position in government.
Link
Quote:

XTB analyst Kathleen Brooks commented: “The sharp rise in bond yields happened during PMQs, the leader of the opposition asked the Prime Minister if he would confirm if Rachel Reeves would remain as Chancellor.
To be fair, Starmer could never had said anything else. Same for any other PM in that situation.

papa smurf 03-07-2025 08:00

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Hugh (Post 36198852)
Where is that being reported, please?

i saw it on a news channel not sure which one
but it seems it was only £3 billion

Rachel Reeves crying: Shades of Liz Truss as pound freefall wipes £3bn off markets
Tears in the Commons led to turmoil in the markets as Rachel Reeves's emotional moment sent shockwaves through the UK economy, leaving many in suspense.

https://www.express.co.uk/news/uk/20...ng-live-shades

Hugh 03-07-2025 09:50

Re: Starmer’s chronicles
 
1 Attachment(s)
Quote:

Originally Posted by papa smurf (Post 36198859)
i saw it on a news channel not sure which one
but it seems it was only £3 billion

Rachel Reeves crying: Shades of Liz Truss as pound freefall wipes £3bn off markets
Tears in the Commons led to turmoil in the markets as Rachel Reeves's emotional moment sent shockwaves through the UK economy, leaving many in suspense.

https://www.express.co.uk/news/uk/20...ng-live-shades

Phew…

A bit of a recovery when Starmer backed Reeves…

https://www.telegraph.co.uk/business...arkets-latest/

Quote:

Bond market reaction has ‘enhanced’ Chancellor, say investors
Rachel Reeves’s position as chancellor has been made more secure by the sharp reaction in bond markets to questions over her future.

Will Walker-Arnott, a director at wealth manager Charles Stanley told BBC Radio 4’s Today programme: “This is a rare example of financial markets actually enhancing the career prospects of a politician.

“The markets were concerned that if the Chancellor goes then any fiscal discipline would follow her out the door and that would mean bigger deficits, more gilt issuance and so, obviously, gilt yields went up.”
https://www.cableforum.uk/board/atta...6&d=1751532493

nomadking 03-07-2025 10:27

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Hugh (Post 36198861)

From the graph in the link, borrowing costs are still higher than they were at the beginning of the week.

Pierre 03-07-2025 11:07

Re: Starmer’s chronicles
 
Proof that she's not up to the job, if ever it was needed

papa smurf 03-07-2025 11:22

Re: Starmer’s chronicles
 
I think she's flogging a dead horse every thing she tries to do Starmer u turns on, most of her ideas hurt people, she needs a good rethink.

denphone 03-07-2025 11:27

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Pierre (Post 36198865)
Proof that she's not up to the job, if ever it was needed

Whether she is up to the job remains to be seen but that is no excuse for the poisonous personal bile on most of the front pages of the newspapers this morning.

papa smurf 03-07-2025 11:30

Re: Starmer’s chronicles
 
Quote:

Originally Posted by denphone (Post 36198867)
Whether she is up to the job remains to be seen but that is no excuse for the poisonous personal bile on most of the front pages of the newspapers this morning.

unless you're one of the people who lost money over this episode, she should have possibly give PMQ's a miss


meanwhile
Two senior Labour MPs have suggested the prime minister may have to go within months if the government continues to perform poorly.

https://news.sky.com/story/starmer-p...onths-13391677

daveeb 03-07-2025 12:17

Re: Starmer’s chronicles
 
Quote:

Originally Posted by papa smurf (Post 36198868)
unless you're one of the people who lost money over this episode, she should have possibly give PMQ's a miss


meanwhile
Two senior Labour MPs have suggested the prime minister may have to go within months if the government continues to perform poorly.

https://news.sky.com/story/starmer-p...onths-13391677

I don't remember you complaining when Liz Truss and her sidekick Kwasi were weaving their magic wands on the economy.

papa smurf 03-07-2025 13:41

Re: Starmer’s chronicles
 
Quote:

Originally Posted by daveeb (Post 36198870)
I don't remember you complaining when Liz Truss and her sidekick Kwasi were weaving their magic wands on the economy.

sorry to hear you're memory is failing

Damien 03-07-2025 14:52

Re: Starmer’s chronicles
 
That the markets recovered when it was clear she was staying probably means she is in a stronger position now than before.

The bigger problem is that Labour is looking like it literally cannot govern even with its majority because the party is unmanageable. There is no willingness to make difficult decisions from the backbench MPs. There were reports that an MP from the new intake was moaning in the halls of the commons that they don't understand why the u-turn on benefits means tax rises and/or no lifting of the child benefit cap because 'it's only a few billion'.

That said, the leadership picked the worst possible fight for cuts and managed it poorly.

Mr K 03-07-2025 15:42

Re: Starmer’s chronicles
 
Any Chancellor post Brexit has my sympathy. Our trade self destructed, with an ageing increasingly non working population. Sometimes the public need to take reality check, and some responsibility themselves. Politicians aren't magicians.

Itshim 03-07-2025 17:04

Re: Starmer’s chronicles
 
Quote:

Originally Posted by papa smurf (Post 36198868)
unless you're one of the people who lost money over this episode, she should have possibly give PMQ's a miss


meanwhile
Two senior Labour MPs have suggested the prime minister may have to go within months if the government continues to perform poorly.

https://news.sky.com/story/starmer-p...onths-13391677

My guess is that the Welsh assembly election could well deliver a killer blow if they lose that , the end for him is nigh :erm:

papa smurf 03-07-2025 18:27

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Damien (Post 36198875)
That the markets recovered when it was clear she was staying probably means she is in a stronger position now than before.

The bigger problem is that Labour is looking like it literally cannot govern even with its majority because the party is unmanageable. There is no willingness to make difficult decisions from the backbench MPs. There were reports that an MP from the new intake was moaning in the halls of the commons that they don't understand why the u-turn on benefits means tax rises and/or no lifting of the child benefit cap because 'it's only a few billion'.

That said, the leadership picked the worst possible fight for cuts and managed it poorly.


the markets were worried who might replace her

1andrew1 03-07-2025 18:45

Re: Starmer’s chronicles
 
Quote:

Originally Posted by papa smurf (Post 36198879)
the markets were worried who might replace her

Agreed, someone keener to turn on the spending taps.

Mr K 03-07-2025 19:42

Re: Starmer’s chronicles
 
Quadrupling tax on Audi/BMW drivers, Premiership footballers, Investment *ankers , Torygraph readers, and traffic wardens, should solve things.

Pierre 03-07-2025 20:19

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Mr K (Post 36198885)
Quadrupling tax on Audi/BMW drivers, Premiership footballers, Investment *ankers , Torygraph readers, and traffic wardens, should solve things.

That’s what I like about socialists full of initiative and inventive ideas to simulate growth.

No, time after time after time…..only one idea.

More tax. That’s all they’ve got every time.

1andrew1 03-07-2025 22:42

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Mr K (Post 36198885)
Quadrupling tax on Audi/BMW drivers, Premiership footballers, Investment *ankers , Torygraph readers, and traffic wardens, should solve things.

I thought you were a Torygraph reader, Mr K, albeit you don't pay for it like the evil socialist shareholder you are? :D

papa smurf 08-07-2025 11:57

Re: Starmer’s chronicles
 
And now the doctors are at it again, i thought Starmer had fixed this problem when he caved in to their last demands

Doctors and teachers in England and Wales were offered a 4% pay rise by the government, 2.8% above what it had originally budgeted and just above the current rate of inflation.

But both the British Medical Association (BMA) and National Education Union (NEU) threatened strike action following the announcement, claiming the increases did not account for historical pay freezes.

The BMA is calling for a salary increase of 29.2% to bring salaries back to "full pay restoration". The union argues this is the level at which pay has declined in real terms since 2008, when adjusting for inflation.

https://news.sky.com/story/resident-...ction-13393987

29% i smell another black hole brewing

Kursk 08-07-2025 12:36

Re: Starmer’s chronicles
 
The Government are not sausages to the demands of Doctors. They will immediately cry, do a U-turn, indulge themselves in some freebees in consolation and then, pay up.

And we all know who will foot the bill.

Paul 08-07-2025 12:49

Re: Starmer’s chronicles
 
I'd like a 29% pay rise please. In fact 4% would be nice.

Kursk 08-07-2025 12:54

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Paul (Post 36199027)
I'd like a 29% pay rise please. In fact 4% would be nice.

:bigcry: Oh for goodness sake Rachel, give him the money before your boss does.

Sirius 08-07-2025 16:37

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Kursk (Post 36199024)
The Government are not sausages to the demands of Doctors. They will immediately cry, do a U-turn, indulge themselves in some freebees in consolation and then, pay up.

And we all know who will foot the bill.

"Starmer"Quick do a deal and give the doctors what they want, now who do we stab in the back this time Rachael we have tried the pensioners and the disabled any ideas ?.

papa smurf 08-07-2025 16:41

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Sirius (Post 36199033)
"Starmer"Quick do a deal and give the doctors what they want, now who do we stab in the back this time Rachael we have tried the pensioners and the disabled any ideas ?.

ohh oooh babies kier lets have a go at babies

Itshim 08-07-2025 17:56

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Sirius (Post 36199033)
"Starmer"Quick do a deal and give the doctors what they want, now who do we stab in the back this time Rachael we have tried the pensioners and the disabled any ideas ?.

Anybody that works for a living . Take from those that work give to those that won't, the long held labour view.

Russ 08-07-2025 18:01

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Itshim (Post 36199038)
Anybody that works for a living . Take from those that work give to those that won't, the long held labour view.

Bit of a change from the Tory view of “take from those who don’t have enough money and give it to those who have too much”.

papa smurf 08-07-2025 18:09

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Russ (Post 36199039)
Bit of a change from the Tory view of “take from those who don’t have enough money and give it to those who have too much”.

like take it from pensioners and the disabled?

Russ 08-07-2025 18:19

Re: Starmer’s chronicles
 
Quote:

Originally Posted by papa smurf (Post 36199040)
like take it from pensioners and the disabled?

Or like the austerity years take it from the disabled, poor, unemployed, elderly and generally anyone not a millionaire.

Paul 08-07-2025 18:28

Re: Starmer’s chronicles
 
:zzz:

Russ 08-07-2025 18:35

Re: Starmer’s chronicles
 
Ah I get it. Point out Labour's unpopular policies? Acceptable.
The Tories' unpopular policies? Boring.

Paul 08-07-2025 18:41

Re: Starmer’s chronicles
 
Well it least you finally understand how boring you become. :sleep:

The Tories are not in power, you just like to live in the past since you cannot see past Labour Good, Tory Bad.

Russ 08-07-2025 18:55

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Paul (Post 36199048)
Well it least you finally understand how boring you become. :sleep:

You got there years before me - it's nothing for people of our generation. I wouldn't want you to think I'm bothered by what you think of me, though.

Quote:

Originally Posted by Paul (Post 36199048)
The Tories are not in power, you just like to live in the past since you cannot see past Labour Good, Tory Bad.

They're not in power, but the effects of the austerity years are still felt today. Apologies if that's an inconvenient fact.

Paul 08-07-2025 19:01

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Russ (Post 36199050)
You got there years before me

If you say so. :rolleyes:

Quote:

Originally Posted by Russ (Post 36199050)
I wouldn't want you to think I'm bothered by what you think of me, though.

Fear not, I dont.

Quote:

Originally Posted by Russ (Post 36199050)
TApologies if that's an inconvenient fact.

Its not an "inconvenient fact", just an excuse for you to constantly live in the past.

Everyone on the forum can predict that as soon as someone says anything bad about your beloved Labour, you're be there posting the old "what about the Tories 5/10/15 whatever years ago". Its as predictable as the seasons. Much like the fact you'll just keep arguing until I get bored of it.

Damien 08-07-2025 19:01

Re: Starmer’s chronicles
 
Talking of pensions, the OBR report today is dire: https://www.bbc.co.uk/news/articles/cy7nv3pdgr4o

Quote:

The OBR said the cost of the state pension has risen steadily over the past eight decades, from around 2% of the UK economy to a current 5%, equating to £138bn.

It is forecast to increase to 7.7% of the economy by the early 2070s.

Spending on the state pension has steadily risen, the OBR said, because the triple lock and a growing number of people above the state pension age.

It added: "Due to inflation and earnings volatility over its first two decades in operation, the triple lock has cost around three times more than initial expectations."
It isn't sustainable. We can't keep cutting from elsewhere to underwrite ever-increasing pensions. There won't be a state pension left if it continues like this.

The triple-lock will eventually have to go or the whole thing collapses, it's only a question of if this Government or the next one dares to do it.

Paul 08-07-2025 19:06

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Damien (Post 36199052)
The triple-lock will eventually have to go or the whole thing collapses, it's only a question of if this Government or the next one dares to do it.

Which part of the lock is the issue ? and what will they replace it with ?

Damien 08-07-2025 19:20

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Paul (Post 36199053)
Which part of the lock is the issue ? and what will they replace it with ?

I am not an economist, but the link with wages essentially means the state pension will always outpace the wage growth of the working population that funds it.

If inflation is higher than wage growth, then the state pension will grow faster than the tax base that pays it.

If wage growth is higher, then the state pension will match wage growth.

If neither wage growth nor inflation is that high, then the state pension will still go up 2.5%.

It will just always become a bigger and bigger part of the budget. The only time it won't is if we see low inflation and very high economic growth but that seems a long way off.

You replace it by getting rid of the link to earnings, so that when wage growth finally exceeds inflation, there is a chance for the income of the working population to catch up with the pension bill it has to pay.

I would also say it's not fair that the government has to keep finding money to fund increasing pensions when there are other groups that could use some increase in benefits as well. The price of the triple lock could easily have covered the PIP payments, lifting the child credit cap and free school means.

We're not talking about cutting pensions here, or even not increasing them so they don't match inflation, but stopping them from always have the biggest increase possible every year.

papa smurf 08-07-2025 19:23

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Damien (Post 36199052)
Talking of pensions, the OBR report today is dire: https://www.bbc.co.uk/news/articles/cy7nv3pdgr4o



It isn't sustainable. We can't keep cutting from elsewhere to underwrite ever-increasing pensions. There won't be a state pension left if it continues like this.

The triple-lock will eventually have to go or the whole thing collapses, it's only a question of if this Government or the next one dares to do it.

well that should please the younger generations, they seem to think pensions are a new thing that's unfair to them, so by 2070 they'll be happily up shyte creek and penniless

Damien 08-07-2025 19:27

Re: Starmer’s chronicles
 
Quote:

Originally Posted by papa smurf (Post 36199055)
well that should please the younger generations, they seem to think pensions are a new thing that's unfair to them, so by 2070 they'll be happily up shyte creek and penniless

I think young people are well aware that pensions may be gone by 2070. That's why it's unfair. The current pension system isn't about fairness or sustainability.

Paul 08-07-2025 19:35

Re: Starmer’s chronicles
 
It seems unlikely they will be gone, but worth a lot less in relative terms.
I am very unlikely to still be around in 2070 to know either way, my kids would be in their mid 70's (if still alive).
Perhaps they will link them to work place pensions in some way.

Russ 08-07-2025 19:44

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Paul (Post 36199051)
Much like the fact you'll just keep arguing until I get bored of it.

Thought you indicated you were bored with it earlier :confused:

Labour isn't my beloved anything. Pointing out the shitty financial position we're in right now as well as the shitty policies being made stemming greatly from the economy that was inherited from the last lot is not "living in the past".

Labour is going to make a lot of turncoat decisions moving forward, as something needs to be done about the economy, and until they go after the real villains (billionaire tax dodgers), things won't improve.

The problem is the tax-dodgers have a history of being allowed to do that, so they carry on as normal, but of course I'm not allowed to discuss that in case it bores you even more.

Itshim 08-07-2025 19:56

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Russ (Post 36199058)
Thought you indicated you were bored with it earlier :confused:

Labour isn't my beloved anything. Pointing out the shitty financial position we're in right now as well as the shitty policies being made stemming greatly from the economy that was inherited from the last lot is not "living in the past".

Labour is going to make a lot of turncoat decisions moving forward, as something needs to be done about the economy, and until they go after the real villains (billionaire tax dodgers), things won't improve.

The problem is the tax-dodgers have a history of being allowed to do that, so they carry on as normal, but of course I'm not allowed to discuss that in case it bores you even more.

Sorry they made a lot of promises, having no idea were the money would come from. If you haven't got it you can't spend it . Should start living within the countries means. For one stop overseas aid. Weird idea borrowing to give away :shocked:

Damien 08-07-2025 20:18

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Paul (Post 36199057)
It seems unlikely they will be gone, but worth a lot less in relative terms.
I am very unlikely to still be around in 2070 to know either way, my kids would be in their mid 70's (if still alive).
Perhaps they will link them to work place pensions in some way.

I think so too. That's the state pension will be lower relatively. I hope they don't means test it against what else you've saved for pensions, because I would feel pretty cheated if the money I put away each month for my private pension is reason not to give me the state one.

The Tories' introduction of the workplace pension is going to be one of their best policies in the long term. It will be huge help later if/when the state pension reduces.

This generation and the ones that follow are going to have to get used to paying towards their own pensions, I think.

papa smurf 08-07-2025 21:06

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Damien (Post 36199062)
I think so too. That's the state pension will be lower relatively. I hope they don't means test it against what else you've saved for pensions, because I would feel pretty cheated if the money I put away each month for my private pension is reason not to give me the state one.

The Tories' introduction of the workplace pension is going to be one of their best policies in the long term. It will be huge help later if/when the state pension reduces.

This generation and the ones that follow are going to have to get used to paying towards their own pensions, I think.

the problem is they tax it because the tax threshold is ridiculously low

Damien 08-07-2025 21:31

Re: Starmer’s chronicles
 
Quote:

Originally Posted by papa smurf (Post 36199064)
the problem is they tax it because the tax threshold is ridiculously low

Well, yes, but applies to any scenario where you're getting income above the state pension. Soon even the state pension will be taxed as the increases on it each year are going to take it above the threshold. Maybe a good to time to revisit the triple lock? :erm:

Hugh 08-07-2025 22:02

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Damien (Post 36199065)
Well, yes, but applies to any scenario where you're getting income above the state pension. Soon even the state pension will be taxed as the increases on it each year are going to take it above the threshold. Maybe a good to time to revisit the triple lock? :erm:

State Pension is already included in your taxable income, they just give you a K code on another of your pensions if you get over £12,750pa for your State Pension (I’m "fortunate enough" for that to happen), then the rest of your pension income gets taxed with a BR (20%) code.

Damien 08-07-2025 22:12

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Hugh (Post 36199066)
State Pension is already included in your taxable income, they just give you a K code on another of your pensions if you get over £12,750pa for your State Pension (I’m "fortunate enough" for that to happen), then the rest of your pension income gets taxed with a BR (20%) code.

Yes, that's what I mean, but soon the state pension alone will go over the personal allowance. Or are you saying it already does?

Paul 08-07-2025 22:14

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Damien (Post 36199065)
Soon even the state pension will be taxed as the increases on it each year are going to take it above the threshold.

A rise of 5% or more will take it over the standard personal [tax] allowance (which is still frozen until 2028).

Damien 08-07-2025 22:25

Re: Starmer’s chronicles
 
So next year then or at a push the year after. (Can't remember if this years increase is baked in yet)

Hugh 08-07-2025 22:54

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Damien (Post 36199067)
Yes, that's what I mean, but soon the state pension alone will go over the personal allowance. Or are you saying it already does?

For some people who had accumulated additional State Pension, it already does - in my case, any amount over £12,750pa in the State Pension is taxed using a K code on another pension income.


https://www.which.co.uk/money/pensio...s-aBlEx9M8XXWY

Quote:

After 6 April 2016, you might get more than the full level of new state pension (£230.25 in 2025-26) if you've built up a certain amount of additional state pension.

The new state pension is paid as a single amount, but part of your payment which is above the full level of new state pension of £230.25 is called your 'protected payment' and reflects the additional state pension that you've accumulated.

Protected payments increase in line with inflation, as measured by the Consumer Price Index.

papa smurf 09-07-2025 11:16

Re: Starmer’s chronicles
 
Macron blames Starmer for migrant crisis - UK is 'El Dorado' where it's easy to work
French President Emmanuel Macron has called on the UK to reduce the appeal of Britain as a place to claim asylum in order to help combat illegal migration.

https://www.express.co.uk/news/polit...grant-crisisvv

thenry 09-07-2025 11:51

Re: Starmer’s chronicles
 
Quote:

MPs have voted to back the Football Governance Bill and establish an independent regulator to oversee the men's game in England's top five divisions.

https://www.bbc.co.uk/sport/football...s/c62gd25ydzwo

---------- Post added at 11:51 ---------- Previous post was at 11:42 ----------

Quote:

The Liberal Democrats have tabled an amendment to the Football Governance Bill, which continues to make its way through parliament.

https://www.bbc.co.uk/sport/football...s/cy0wpvqwdw9o
I don't like this. Like UEFA Champions League on ITV now Amazon. The one fixture is worthless.

Paul 09-07-2025 13:38

Re: Starmer’s chronicles
 
Quote:

Originally Posted by thenry (Post 36199086)
I don't like this. Like UEFA Champions League on ITV now Amazon. The one fixture is worthless.

Not sure what you dont like, but they voted not to have 10 free premier league games per season.

nomadking 09-07-2025 13:44

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Russ (Post 36199050)

They're not in power, but the effects of the austerity years are still felt today. Apologies if that's an inconvenient fact.

And how do you think the economy would be doing if the £157.7 BILLION deficit for 2009/10 had continued? Getting it down to £38.2bn by 2018/19.

Hugh 09-07-2025 14:05

Re: Starmer’s chronicles
 
Quote:

Originally Posted by papa smurf (Post 36199082)
Macron blames Starmer for migrant crisis - UK is 'El Dorado' where it's easy to work
French President Emmanuel Macron has called on the UK to reduce the appeal of Britain as a place to claim asylum in order to help combat illegal migration.

https://www.express.co.uk/news/polit...grant-crisisvv

No, he didn’t…

What he actually said

Quote:

“France and the United Kingdom have a shared responsibility to address irregular migration with humanity, solidarity and fairness. We will only arrive at a lasting and effective solution with action at the European level by addressing migration pull factors.

“But let’s be clear we will deliver together, as this is a clear issue for our countries.”

Nothing in that article, or in Macron’s speech, mentioned Starmer by name…

OLD BOY 09-07-2025 15:00

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Russ (Post 36199050)

They're not in power, but the effects of the austerity years are still felt today. Apologies if that's an inconvenient fact.

Of course, the austerity years were necessary to enable the country to recover from the deficit created by the previous Labour government. Apologies if that is an inconvenient fact.

thenry 09-07-2025 15:14

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Paul (Post 36199088)
Not sure what you dont like, but they voted not to have 10 free premier league games per season.

Good. It's a premium product and should be treated as such. All these hand outs need a reality check.

Hugh 09-07-2025 15:37

Re: Starmer’s chronicles
 
Quote:

Originally Posted by OLD BOY (Post 36199093)
Of course, the austerity years were necessary to enable the country to recover from the deficit created by the previous Labour government. Apologies if that is an inconvenient fact.


<cough cough>

https://www.ukpublicspending.co.uk/u...ficit_analysis

Quote:

In 2005 the UK “current budget deficit” was less that £20 billion. But then came the worldwide financial crisis of 2008 and subsequent recession. The budget deficit skyrocketed to £50 billion in 2009 and £103 billion in 2010. In the subsequent recovery the deficit has steadily declined, down to £1.9 billion in 2018. At the end of March 2024 the “current budget deficit” was £62.00 billion.

In terms of Gross Domestic Product the UK “current budget deficit” in 2005 was less than 2 percent of GDP, and declined to about 0.6 percent GDP in 2007 and 2008. In the Great Recession the deficit ballooned, to 6.9 percent of GDP in 2010.
The deficit as % of GDP was reducing until the gambling banks decision to blow up the World’s economies…

Itshim 09-07-2025 17:13

Re: Starmer’s chronicles
 
Quote:

Originally Posted by papa smurf (Post 36199082)
Macron blames Starmer for migrant crisis - UK is 'El Dorado' where it's easy to work
French President Emmanuel Macron has called on the UK to reduce the appeal of Britain as a place to claim asylum in order to help combat illegal migration.

https://www.express.co.uk/news/polit...grant-crisisvv

Been saying this for years:shocked:

1andrew1 09-07-2025 17:44

Re: Starmer’s chronicles
 
Quote:

Originally Posted by OLD BOY (Post 36199093)
Apologies if that is an inconvenient fact.

It's not a fact so that's what you should be apologising for. If you were confident it was the case, you would evidence it.

papa smurf 09-07-2025 19:09

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Itshim (Post 36199097)
Been saying this for years:shocked:

welcome to Eldorado

nomadking 09-07-2025 19:20

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Hugh (Post 36199095)
<cough cough>

https://www.ukpublicspending.co.uk/u...ficit_analysis



The deficit as % of GDP was reducing until the gambling banks decision to blow up the World’s economies…

That is because GDP was going up, because the housing bubble was about to burst.
The average deficit for the 6 years prior to 2008, was £42bn(total of £254bn).
Debt as a % of GDP, went from 27% for 2001/02 to 34% for 2007/08.It was also 34% for 1998/99, but the total debt was £194.6bn lower.
Without the post-2010 reduction in the deficit, there wouldn't have been the money available for covid, energy costs, and cost of living.

Itshim 09-07-2025 20:52

Re: Starmer’s chronicles
 
Quote:

Originally Posted by papa smurf (Post 36199100)
welcome to Eldorado

Sorry being really stupid, this comment is lost on me:rolleyes:

papa smurf 09-07-2025 21:18

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Itshim (Post 36199105)
Sorry being really stupid, this comment is lost on me:rolleyes:

a mythical city of gold

Paul 09-07-2025 21:39

Re: Starmer’s chronicles
 
I thought it was a soap opera .... :angel:

1andrew1 09-07-2025 22:06

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Paul (Post 36199107)
I thought it was a soap opera .... :angel:

Lol. Cancel culture, too many attractive happy people in it!

Hugh 09-07-2025 22:22

Re: Starmer’s chronicles
 
Quote:

Originally Posted by nomadking (Post 36199101)
That is because GDP was going up, because the housing bubble was about to burst.
The average deficit for the 6 years prior to 2008, was £42bn(total of £254bn).
Debt as a % of GDP, went from 27% for 2001/02 to 34% for 2007/08.It was also 34% for 1998/99, but the total debt was £194.6bn lower.
Without the post-2010 reduction in the deficit, there wouldn't have been the money available for covid, energy costs, and cost of living.

https://www.cableforum.uk/images/local/2025/07/1.gif

Ah, back to your old tendency to Gish gallop, I see…

nomadking 09-07-2025 22:52

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Hugh (Post 36199111)

Ah, back to your old tendency to Gish gallop, I see…

I'm just quoting facts. Love to know how adding debt amounting to 10% of GDP each year was sustainable. Labour added over £250bn to the debt in the 6 years before 2008.

Without austerity where would the money have come from for energy cost subsidies, cost of living payments, and Labour's spending?

Pierre 09-07-2025 23:00

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Hugh (Post 36199111)
https://www.cableforum.uk/images/local/2025/07/1.gif

Ah, back to your old tendency to Gish gallop, I see…

Point scoring aside. The economy, and the country are F—-cked, in a bad way.

Labour, as usual, have spent big…..giving the doctors the big pay rise because not doing so would cost more Money…….

Only for the doctors to then ask for truck loads more money…brilliant.

Chancellor crying, PM getting banged in the back door by the French dwarf whilst lavishly fellating him.

It’s embarrassing, wholly embarrassing. We look as weak as pish.

Damien 10-07-2025 07:38

Re: Starmer’s chronicles
 
The country is ungovernable. People don't want cuts, or tax raises, or infrastructure built near them. Something has to give eventually.

OLD BOY 10-07-2025 07:40

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Hugh (Post 36199095)
<cough cough>

https://www.ukpublicspending.co.uk/u...ficit_analysis



The deficit as % of GDP was reducing until the gambling banks decision to blow up the World’s economies…

My post was correct. As was pointed out in your link:

The budget deficit skyrocketed to £50 billion in 2009 and £103 billion in 2010. In the subsequent recovery the deficit has steadily declined, down to £1.9 billion in 2018.

What happened after the austerity years is a different matter, and we have had Covid and the Ukraine war since then.

1andrew1 10-07-2025 09:42

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Damien (Post 36199119)
The country is ungovernable. People don't want cuts, or tax raises, or infrastructure built near them. Something has to give eventually.

We've basically stagnated since the Global Financial Crisis. Interesting article in the FT saying it's the root of our problems. We had hoped that an economy based on the City of London would continue to keep us growing but the bubble burst in 2008 and we've not found a way to fill that gap.

Quote:

Indubitably, a serious government would be devoting vast intellectual resources to the question of how to raise the growth rate. None has, including this one. A starting point, in my view, must be recognition that the Thatcher experiment failed: it did not transform the underlying performance of the economy for the better. This must now be admitted. Too much of the post-Thatcher performance was unsustainable. This was, in good part, because it was the fruit of a global credit bubble, in which the UK was a leading actor.

My hope is to devote future columns to how a new growth strategy might work. But, before that, it is crucial to recognise the political responses we have been seeing since 2010. By and large, these have fallen into two categories: charlatanism and timidity. The charlatans pretend that something simple — Brexit or huge unfunded tax cuts — will deliver. The timid have been relatively responsible. But they have been unwilling to admit the scale of the economic and political challenges they confront and then make hard choices.

Keir Starmer is not a charlatan. But he has not been prepared to take on the burden of leadership that current conditions require. I sympathise. But his timidity will not work.
https://www.ft.com/content/259dacdb-...d-1f079731e100

Hugh 10-07-2025 12:00

Re: Starmer’s chronicles
 
Quote:

Originally Posted by OLD BOY (Post 36199120)
My post was correct. As was pointed out in your link:

The budget deficit skyrocketed to £50 billion in 2009 and £103 billion in 2010. In the subsequent recovery the deficit has steadily declined, down to £1.9 billion in 2018.

What happened after the austerity years is a different matter, and we have had Covid and the Ukraine war since then.

So, you blame Labour for the initial effects of the Global Financial Crisis, but the Conservatives get a free pass for the effects of COVID and the Ukraine War…

1andrew1 10-07-2025 12:33

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Hugh (Post 36199130)
So, you blame Labour for the initial effects of the Global Financial Crisis, but the Conservatives get a free pass for the effects of COVID and the Ukraine War…

That's an accurate summary.

nomadking 10-07-2025 12:53

Re: Starmer’s chronicles
 
Quote:

Originally Posted by Hugh (Post 36199130)
So, you blame Labour for the initial effects of the Global Financial Crisis, but the Conservatives get a free pass for the effects of COVID and the Ukraine War…

Deficit figures: 2001/02 £5.5bn, 2002/03 £34.1bn, 2003/04 £41.7bn, 2004/05 £49.1bn, 2005/06 £44.2bn, 2006/07 £39.9bn, 2007/08 £45bn.
All before 2008 crash.
If the 2009/10 deficit of £157.7bn was purely down to the crash, then the deficit would've quickly dropped dramatically back to around £40+bn without austerity. It didn't, so there was massive Labour inbuilt excess spending.


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