Yesterday, 10:31
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#61
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cf.mega poster
Join Date: Jun 2003
Location: Kairdiff-by-the-sea
Age: 70
Services: TVXL BBXL Superhub 2ac (wired) 1Tb Tivo
Posts: 10,562
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Re: National Budget 2026
Fiscal drag raking in loads of cash, then a few breadcrumbs fed back to a few.
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Yesterday, 10:36
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#62
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Woke and proud !
Join Date: Jun 2004
Services: TV, Phone, BB, a wife
Posts: 10,270
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Re: National Budget 2026
Quote:
Originally Posted by Taf
Fiscal drag raking in loads of cash, then a few breadcrumbs fed back to a few.
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Ageing population, Brexit, wars, massive debt from the last Govt. The current state of the UK isnt down to Labour. We've been in decline since 2010.
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Yesterday, 12:07
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#63
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In the gang of three
Join Date: Jul 2004
Location: Hiding . . from all the experts
Posts: 5,990
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Re: National Budget 2026
We've been in decline since other nations realised we'd rather buy their cheap shit than make our own 
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Yesterday, 13:06
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#64
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vox populi vox dei
Join Date: Mar 2007
Location: the last resort
Services: every thing
Posts: 15,694
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Re: National Budget 2026
Quote:
Originally Posted by Carth
We've been in decline since other nations realised we'd rather buy their cheap shit than make our own |
yea buy british rubbish,support our local crap 
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Yesterday, 17:00
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#65
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In the gang of three
Join Date: Jul 2004
Location: Hiding . . from all the experts
Posts: 5,990
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Re: National Budget 2026
Quote:
Originally Posted by papa smurf
yea buy british rubbish,support our local crap |
But buying British crap saves the environmental costs of shipping other peoples crap halfway around the world . . twice* 
*once when bought, then again when 'recycled' 
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If knowledge is power, how come those in power seem so stupid?
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Yesterday, 21:54
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#66
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cf.mega poster
Join Date: Dec 2003
Location: floating in the ether
Posts: 13,340
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Re: National Budget 2026
Quote:
Originally Posted by Mr K
Ageing population, Brexit, wars, massive debt from the last Govt. The current state of the UK isnt down to Labour. We've been in decline since 2010.
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Much of Labours current fiscal issues are all of their own making.
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Yesterday, 22:38
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#67
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cf.mega poster
Join Date: Apr 2004
Location: Northampton
Services: Virgin Media TV&BB 350Mb,
V6 STB
Posts: 8,432
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Re: National Budget 2026
Labour doubled the debt before 2008.
After 2020, the deficit WAS going down, until covid.
The problem with temporary freebies is that people endlessly whinge when they stop. Eg After the covid freebies ended.
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Today, 05:55
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#68
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Just a Geek
Join Date: Jul 2015
Posts: 5,179
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Re: National Budget 2026
I am dreading January my current fixed price leccy is 19p in Jan it will likely be 31p that is a crazy increase. Grateful for the year on cheap but it is going to be a £40 increase and my fix ends Feb 24th so I can not initiate a switch till Jan 6th
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Today, 08:50
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#69
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laeva recumbens anguis
Cable Forum Mod
Join Date: Jun 2006
Age: 69
Services: Premiere Collection
Posts: 45,124
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Re: National Budget 2026
Quote:
Originally Posted by nomadking
Labour doubled the debt before 2008.
After 2020, the deficit WAS going down, until covid.
The problem with temporary freebies is that people endlessly whinge when they stop. Eg After the covid freebies ended.
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Labour didn’t double the debt or deficit before 2008 - in 2008, the debt increased due to the world-wide Financial Crisis caused by the banks.
1997 - deficit 3.0%, debt 37.4%
2007 - deficit 2.8%, debt 36.2%
2008 - deficit 2.9%, debt 47.7%
https://www.ons.gov.uk/economy/gover...ries/hf6x/pusf
https://www.ons.gov.uk/economy/gover...mestic-product
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Today, 09:11
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#70
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cf.mega poster
Join Date: Apr 2004
Location: Northampton
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Posts: 8,432
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Re: National Budget 2026
Quote:
Originally Posted by Hugh
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Public debt(EXCLUDING public sector banks).
1997 £350.1bn. 2008 £755.6bn. 2010 £1,138.6bn(deficit £139.9bn).
2004 deficit £49.1bn. 2009 deficit £157.7bn. 2018 deficit £38.2bn. 2020 deficit £300.2bn.
Parliamentary Library Link
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Today, 12:03
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#71
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laeva recumbens anguis
Cable Forum Mod
Join Date: Jun 2006
Age: 69
Services: Premiere Collection
Posts: 45,124
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Re: National Budget 2026
You said "before 2008", then seem to be ignoring the Financial Crisis…
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Today, 15:16
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#72
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cf.mega poster
Join Date: Apr 2004
Location: Northampton
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Posts: 8,432
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Re: National Budget 2026
Quote:
Originally Posted by Hugh
You said "before 2008", then seem to be ignoring the Financial Crisis…
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1997 £350.1bn, 2008 £775.6bn and EXCLUDES public sector banks.
2006 £509.5bn, 2007 £543.5bn. Heading that way long before 2007.
Deficit, 2002 £34.1bn, 2003 £41.7bn, 2004 £49.1, 2005 £44.2bn 2006 £39.2bn, 2007 £45.0bn.
That DOESN'T include PFI which is off-books borrowing, but has to be paid back later.
Regardless of any crash, Labour had an ANNUAL deficit of nearly £50bn. Even with any "crash" factors, the debt would've hit £700bn by 2010, and as that level of spending couldn't be turned of overnight, the impact of Labour spending continued.
Last edited by nomadking; Today at 15:43.
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Today, 19:16
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#73
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Do I care what you think
Join Date: Jul 2006
Location: Cardiff South Wales
Age: 76
Services: V6 ,Virgin L. Phone Broadband.sky go Netflix
Posts: 5,675
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Re: National Budget 2026
Quote:
Originally Posted by nomadking
1997 £350.1bn, 2008 £775.6bn and EXCLUDES public sector banks.
2006 £509.5bn, 2007 £543.5bn. Heading that way long before 2007.
Deficit, 2002 £34.1bn, 2003 £41.7bn, 2004 £49.1, 2005 £44.2bn 2006 £39.2bn, 2007 £45.0bn.
That DOESN'T include PFI which is off-books borrowing, but has to be paid back later.
Regardless of any crash, Labour had an ANNUAL deficit of nearly £50bn. Even with any "crash" factors, the debt would've hit £700bn by 2010, and as that level of spending couldn't be turned of overnight, the impact of Labour spending continued.
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Stop spending what you don't have . Simple
For the record I have never spent what I cannot paid for. Yes taken interest free loan but have the cash to cover it making money by not handing it over.
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