Cable Forum - Restore Britain chronicles

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Re: Restore Britain chronicles

Quote:

Originally Posted by Mr K (Post 36210434)

Sounds like you're trying to convince yourself....

Quote:

Originally Posted by Sephiroth (Post 36210436)

I'm not dogmatic. There are always possible scenarios.

Scenario #1 - We discover vast deposits of Gold & Diamonds in Cumbria and the Welsh Valleys.

Scenario #2 - We remove the National Minimum Wage

Scenario #3 - Putin and Trump shake hands on a deal to share Europe

Scenario #4 - There's a massive asteroid heading our way . . . .

Re: Restore Britain chronicles

Quote:

Originally Posted by Carth (Post 36210449)

Scenario #1 - We discover vast deposits of Gold & Diamonds in Cumbria and the Welsh Valleys.

Scenario #2 - We remove the National Minimum Wage

Scenario #3 - Putin and Trump shake hands on a deal to share Europe

Scenario #4 - There's a massive asteroid heading our way . . . .

Well, considering that 6.6%* of the working population are on the NMW, and accounted for around 2.5% of the economy-wide wage bill in 2025, probably not going to have a huge impact...

*which includes under-18s and apprentices on £8 per hour

Re: Restore Britain chronicles

Honest questions.

Do you think that forcing employers to pay a wage more than they can 'comfortably' afford actually leads to better job creation and opportunities for the unemployed?

Would it be fair to assume that employers (businesses) faced with having to pay employees a wage that - at best - leaves them breaking even over the financial year, have no problem at all in moving that business to a country where lower wages* allows them to make a profit and ensure future growth?

*and sometimes a nice tax incentive

Re: Restore Britain chronicles

Quote:

Originally Posted by Carth (Post 36210462)

Honest questions.

Do you think that forcing employers to pay a wage more than they can 'comfortably' afford actually leads to better job creation and opportunities for the unemployed?

Would it be fair to assume that employers (businesses) faced with having to pay employees a wage that - at best - leaves them breaking even over the financial year, have no problem at all in moving that business to a country where lower wages* allows them to make a profit and ensure future growth?

*and sometimes a nice tax incentive

Do you mean like Waitrose, who made £1.5 billion post tax profit last year, or the businesses in this chart (National Minimum Wage by occupation)?
Pretty sure not many of them will be off-shoring...

https://www.cableforum.uk/board/atta...7&d=1770988235

Research has shown that

Quote:

The NLW’s effect on total employment is limited Minimum wage increases increase the cost of labour for the lowest-paying jobs in the economy, which has the risk of making labour too expensive and causing job losses. However, overall, the evidence suggests that the introduction of the NLW has not had a significant effect on employment.

The LPC’s review of the NLW from 2016 to 2020 reported that research commissioned by the LPC since the introduction of the NLW in 2016 found no or limited evidence that the NLW reduced aggregate employment. The Institute for Fiscal Studies analysed the impact of the NLW on employment at the end of 2021 and concluded “consistent with previous research from the UK, we estimate that any impacts on employment of the introduction of the NLW and its upratings were small, and not statistically significantly different from zero”.

LPC analysis shows that between 2019 and 2025, groups who are more likely to be on the NLW have seen better employment outcomes than other groups.

This is also true for areas in the UK with a high proportion of NLW workers.

There are signs that the NLW has some effect on employment in businesses with a high proportion of NLW workers: analysis by the Bank of England shows that in 2025 firms who had a high percentage of employees on the NLW had slightly worse employment outcomes than other firms.

https://researchbriefings.files.parl...5/CBP-7735.pdf

Re: Restore Britain chronicles

Nicely done, you named one (ONE) company and then produced a chart which supposedly proves that those paying the most employees the least (or whatever it's supposed to show) are raking it in.

I guess we deserve all that's coming to us :p:

Re: Restore Britain chronicles

No, the three things were separate points…

a) large employer with a lot of low-paid employees made good profits, so not going out of business due to MNW

b) lots of small businesses with employees on NMW are types of businesses that won’t/can’t offshore

c) research estimates any impacts on employment of the introduction of the NLW and its upratings were small, and not statistically significantly different from zero

Apologies if that wasn’t clear…

Re: Restore Britain chronicles

Nothing is clear anymore, it's all obfuscated by statisticians and experts :D

Re: Restore Britain chronicles

Quote:

Originally Posted by Carth (Post 36210542)

Nothing is clear anymore, it's all obfuscated by statisticians and experts :D

I know…

Who wants to listen to people who actually know what they are talking about, especially if it doesn’t agree with what you think it should be…

Re: Restore Britain chronicles

It would help if, beyond, Papa, Carth and me (plus a couple of others), there were people who know what they were talking about.

Re: Restore Britain chronicles

Quote:

Originally Posted by Sephiroth (Post 36210433)

Rejoining the EU won't restore Britain. We'd be an even greater laughing stock than we are now.

Unless ... if there is a viable plan or evidence to conclusively show that our financial services would grow the economy by some percentage points, then let them laugh at us.

All this crap about Europe buying things we make has no evidential foundation today. For a start, what do we make that they can't buy now and would buy if we rejoined?

All we need is a government that can boost our economy. The longer the current bunch of idiots stay in power, the more difficult eventual recovery will become. Recovery will be painful because we have to reduce government expenditure at a time when demand is high. None of the political parties have a credible plan for that. I mean, shit creek just about covers the mess we're in and rejoining the EU, with the £25 billion or so per year that we'd have to chuck them so that France can continue its farming practices and for Ireland to continue calling the shots, will only delivber more pain.

There is no need to cut back on public services. Just the waste, bureaucracy and unnecessary projects undertaken by the government.

Re: Restore Britain chronicles

Quote:

Originally Posted by Sephiroth (Post 36210552)

It would help if, beyond, Papa, Carth and me (plus a couple of others), there were people who know what they were talking about.

https://www.cableforum.uk/images/local/2024/07/2.gif

Re: Restore Britain chronicles

https://www.lbc.co.uk/article/rupert...ion-5HjdSLM_2/

Quote:

Rupert Lowe launches new political party following Reform suspension

The Independent MP has officially birthed Restore Britain

The Independent MP announced on Friday evening that Restore Britain - originally established as a "political movement" - will now operate as a "national political party."

Restore Britain was initially set up by Mr Lowe after his fractious exit from Reform UK last year.

It is now expected to act as an umbrella political party, with locally based political parties as its partners.

Under the new arrangement, Mr Lowe is expected to stand again for the Great Yarmouth constituency with local party Great Yarmouth First, which will be a partner for Restore Britain.

Re: Restore Britain chronicles

Quote:

Originally Posted by OLD BOY (Post 36210557)

There is no need to cut back on public services. Just the waste, bureaucracy and unnecessary projects undertaken by the government.

Most of sense what you've said about waste & bureaucracy to be right. But that's too glib. A lot of detail and specifics are necessary. Also cutting back on the government payroll has to be done addresses some of the waste and bureaucracy. It's cheaper to pay them on the dole than on wages. It's brutal what has to be done.

However, to recognise some of what you said, an instant start needs to be made on the planning system and associated environmental constraints, particularly bats, newts, the cost of surveys, bat hotels and so on. Then it'll annoy the EU and so it goes on. But we have our freedom to annoy them and be more efficient. But who can mastermind this apart from me, Carth and Papa?

Re: Restore Britain chronicles

Quote:

Originally Posted by Sephiroth (Post 36210562)

<snip>

But who can mastermind this apart from me, Carth and Papa?

I'm not sure I'd get a shotgun license at my age mate, but if I kiss the right USA arse I could finagle the loan of a second (or third) hand F16 ;)

erm . . any chance of a Go Fund Me for a couple of buckets of aviation fuel?
Otherwise we're back to those pitchforks and blazing torches :(