Coronavirus

[Mad Max]

Originally Posted by denphone

Liverpool say they had no say in the gym closures according to their mayor.

[Pierre]

Originally Posted by Hugh

Burnham supports National Lockdown, just like Starmer.

https://news.sky.com/story/coronavir...rnham-12104944

I understand now. He just doesn't want a Tory lockdown, he wants a Labour lockdown.

that's perfectly clear then.

Originally Posted by Pierre

I understand now. He just doesn't want a Tory lockdown, he wants a Labour lockdown.

that's perfectly clear then.

He agrees to a National Lockdown by BoJo, but not a local lockdown, as he doesn’t agree with the explanation given by the Government, and he states that the Government advisor says a National Lickdown is necessary.

Hope this helps...

[papa smurf]

Originally Posted by Hugh

He agrees to a National Lockdown by BoJo, but not a local lockdown, as he doesn’t agree with the explanation given by the Government, and he states that the Government advisor says a National Lickdown is necessary.

Hope this helps...

How can a lickdown stop the virus ?

[Pierre]

Originally Posted by Hugh

Hope this helps...

Not really, but thanks for trying.

[joglynne]

Gtr Manchester has been in special measures since July. The new tier 2 would actually ease one of the things we have had to do. No visitors to our homes ibut we would be now able to meet in our gardens. SO having been in the equivilant to the new tier 2 for 3 months we are in a strong position to say that it won't work. Gtr Manchester has seen its levels rise week after week. to the point when schools and the universities came back on line the figures were spiraling to the highest in the country.

When the equivilant tier 2 didn't work why should we believe that, against medical advise/predictions, tier 3 will do any better to help the NHS. The only thing that will happen is that more companies will have to close becaue there is nothing in place to help them stay open and even more people will become unemployed.

Gtr Manchester is not trying to score any points in the Party War. the Councillors, Mayors and MP come from all Parties.

The people who live in Gtr Manchester are royally pissed off at the attitude of the Goverment who refuse to see that we want a better way to try to bring our figures down when we have already proved that their way will not work. Andy Burnham is not playing party politics he is fighting for his people's survival.

This isn't about us wanting special treatment it's about us wanting a better option. Close everything for 2/3 weeks. Give England a chance to slow down the infection rates, stop making decisions based purely on how much help costs. Oh and mybe claw back some of the money paid out to their mates.

I am not an economist or scientist and I have no political axe to grind. I just live in one of the Gtr Manchester Boroughs and I have had enough.

What we NEED is an effective test and track system. One that is easily available within one's town.

[denphone]

Originally Posted by joglynne

Gtr Manchester has been in special measures since July. The new tier 2 would actually ease one of the things we have had to do. No visitors to our homes ibut we would be now able to meet in our gardens. SO having been in the equivilant to the new tier 2 for 3 months we are in a strong position to say that it won't work. Gtr Manchester has seen its levels rise week after week. to the point when schools and the universities came back on line the figures were spiraling to the highest in the country.

When the equivilant tier 2 didn't work why should we believe that, against medical advise/predictions, tier 3 will do any better to help the NHS. The only thing that will happen is that more companies will have to close becaue there is nothing in place to help them stay open and even more people will become unemployed.

Gtr Manchester is not trying to score any points in the Party War. the Councillors, Mayors and MP come from all Parties.

The people who live in Gtr Manchester are royally pissed off at the attitude of the Goverment who refuse to see that we want a better way to try to bring our figures down when we have already proved that their way will not work. Andy Burnham is not playing party politics he is fighting for his people's survival.

This isn't about us wanting special treatment it's about us wanting a better option. Close everything for 2/3 weeks. Give England a chance to slow down the infection rates, stop making decisions based purely on how much help costs. Oh and mybe claw back some of the money paid out to their mates.

I am not an economist or scientist and I have no political axe to grind. I just live in one of the Gtr Manchester Boroughs and I have had enough.

A excellent rationally thought out post jo.

---------- Post added at 16:49 ---------- Previous post was at 16:48 ----------

Originally Posted by Maggy

What we NEED is an effective test and track system. One that is easily available within one's town.

+1

[RichardCoulter]

Originally Posted by jfman

Have the amounts paid year on year increased massively as you claim?

Interest rates are at an all time low. The cost of debt has never been cheaper. Government debt generally isn’t paid in instalments the way a household loan is. As demonstrated the erosion in the real terms value of the debt by inflation incentivises the Government to never repay the debt - simply kick it down the road with further borrowing.

The Bank of England has now asked banks to gear up for negative interest rates!!!

---------- Post added at 17:20 ---------- Previous post was at 17:17 ----------

Originally Posted by OLD BOY

I don’t know about the instalments. Certainly, if our obligation is just to pay the debt at a fixed interest rate at the end of the period, it would be, as you intimate, a good ruse.

Let’s just hope interest rates remain low, then.

Low interest rates negatively affect those without mortgages etc who have capital saved. If negative interest rates become a reality, it will actually cost people money to have savings!!

These are likely to be older people who are more likely to be Tory voters.

On the plus side, it might make people think it's not worth saving and they will spend it instead, which will help the economy. There again we may see people once again stuffing their savings in cash under their bed.

Originally Posted by Pierre

Not really, but thanks for trying.

Ah, well, I tried.

I can explain it to you, but I can’t understand it for you...

---------- Post added at 21:26 ---------- Previous post was at 21:25 ----------

Originally Posted by papa smurf

How can a lickdown stop the virus ?

Go for it...

[jfman]

Originally Posted by RichardCoulter

The Bank of England has now asked banks to gear up for negative interest rates!!![COLOR="Silver"]

Low interest rates negatively affect those without mortgages etc who have capital saved. If negative interest rates become a reality, it will actually cost people money to have savings!!

These are likely to be older people who are more likely to be Tory voters.

On the plus side, it might make people think it's not worth saving and they will spend it instead, which will help the economy. There again we may see people once again stuffing their savings in cash under their bed.

I can't see anyone taking the risk of shovelling thousands of pounds under the bed to save themselves losing a fraction of one per cent on interest rates - if that was passed on to the savings end of the market.

[pip08456]

Over reaction?

https://news.sky.com/video/liverpool...olice-12104755

[jfman]

Originally Posted by OLD BOY

Yes, I get that, jfman. But we still have to pay back the instalments for those debts in the meantime, which have increased massively with the increased borrowing.

Fundamentally Old Boy, no Government, anywhere in the world has any sincere intention of ever repaying debts. They intend to find someone else to lend to them at a later date to repay the initial creditor.

Inflation can erode that over time. Similarly so can economic growth (and tax receipts presumably - not in real terms economically but in practice for the budget). The question Governments really ask themselves is can they fund the cost of borrowing - the interest essentially.

Inflation does erode the amount borrowed and Governments continue to throw more debt on top. Why? Because money now is worth more than money when it's due. Will we be ever unable to pay? Not for debt borrowed in pounds sterling, no. Because the Bank of England - the Central Bank - acts as the lender of last resort.

UK GDP 2019: £2.21trn. Interest on Government debt £0.05trn.

[1andrew1]

Good to see a company making an honest living and being rewarded for it in these difficult times.

Serco expects profits hike after test and trace contracts extended

The forecast increase is likely to fuel the political controversy around the use of private contractors in the troubled scheme.

Outsourcing giant Serco has raised its revenue and profits forecasts for 2020 as a result of the growth in work with the global pandemic.

Updating the London Stock Exchange in an unscheduled announcement, the company, which is involved in providing the UK government's test and trace scheme, said it had achieved strong revenue growth in the three months from July.

It highlighted extensions to its contracts to provide test sites and call handlers, which the firm said was "an indication of our customer's satisfaction with the quality of work we have delivered".

https://news.sky.com/story/coronavir...ended-12105492

[jfman]

Originally Posted by pip08456

Over reaction?

https://news.sky.com/video/liverpool...olice-12104755

Depends on the steroid use in the gym I suppose.

---------- Post added at 21:46 ---------- Previous post was at 21:46 ----------

Originally Posted by 1andrew1

Good to see a company making an honest living and being rewarded for it in these difficult times.


https://news.sky.com/story/coronavir...ended-12105492

A success story