Christine Lagarde stepped down as managing director of the IMF to become president of the European central bank.
What a tangled web they weave.
IMF predicting UK the worse performing economy according to the news..
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What a tangled web they weave.
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No it won't.
Though I do find it hard to provide sympathy for train drivers on 60+k a year, at the end of the day you spend what you earn.
At the moment I've got a small amount of additional disposable income, however when the mortgage is renewed this will be swallowed up and then some.
Was she not under some type of investigation a while back for some type finacial fiddle ?? Allegedly ?
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You don't find it hard to sympathise with them at all. You find it hard to relate their position with your own. Perhaps you lack 'empathy'
When you earn £60k+ a year then your lifestyle & the quality of your life tends to reflect that level of earnings. I can imagine a train driver on those earnings lives in a nice house in a nice neighbourhood, drives a nice car, eats out in a nice restaurant regularly & can probably afford to persue happiness at the level of their choice.
When the value of that £60k+salary is diminished by inflation, then they're actually far worse affected than some scrote who "won't work" earning less than minimum wage, right up to some hard working folk earning the realistic average wage of £24k-£28k per year.
If you don't think a train drivers labour is worth £60k+ per year then that's a different matter. A matter that YOU need to qualify with a proven & indepth knowledge of what it takes to qualify & gain employment as a train driver.
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She was, avoided a jail sentence. Another one who knows where the bodies are buried.
Well that’s what happens when you put The French in charge
Likely to
End up with a scoundrel running it
Blimey she was involved and found guilty in a 335 million £ fiddle
Than employed by the EU central bank
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In terms of the UK's performance since the beginning of covid the BofE have produced a rather damming report. We still haven't reached pre covid levels with several complications.
Not too keen to comment on brexit other than what they have said all along. It will have an undesireable effect on the economy. Further questioning - this has happened faster than expected. But there are 2 other effects as well. Covid and Ukraine - however the effect here of the lot is worse than any other G7 country. Oh and the missing 8th of those, Russia is also doing better.
Not too keen to comment on brexit other than what they have said all along. It will have an undesireable effect on the economy. Further questioning - this has happened faster than expected. But there are 2 other effects as well. Covid and Ukraine - however the effect here of the lot is worse than any other G7 country. Oh and the missing 8th of those, Russia is also doing better.
Russia going for nett zero like these clowns here?
train drivers is only a tiny % of those on strike.
ASLEF is the Union that represents the vast majority of them.
Most of RMT workers aren’t paid a huge amount, they are cleaners, ticket office staff, maintenance engineers, electricians etc.
Is this a joke or are you actually being serious - does your brain really work like this?
I can't even begin to describe how far away your arguments are from how almost everybody else thinks, if this is your view then you need to have a chat with yourself.
This reminds me of the South Park about music piracy, where they were seeing the poor rock star who couldn't afford a remote controlled DVD player for his private jet, so had to get up and press the buttons on it while flying. All as a result of your terrible piracy!
I would suggest that almost nobody thinks that a train driver getting £60k for doing approximately nothing, with no great skills, deserves more pay.
That's one point the other doesn't get mentioned much - working conditions and also changes in that area where they apply. It figures in most of the strikes. Quoted salaries eg train drivers take care. The basic is less than the ever increasing amounts mentioned. A select committee chat was interesting on driver only trains. Fact is lots lack the cameras needed and it turns out there will be another person anyway. One of our illustrias representatives was more concerned about strikes putting people off using trains. Pure irrelevant flannel. Nice posh voice.
The pay rises asked for. Historically these are generally settled for lesser amounts. The gov wont talk in the hope that the strikes will just fizzle out. They want to completely ignore recent inflation figures. They will even assume that this years predictions are correct and settle further increases the same way in the future. The gov needs to budget ahead of time. Shortfalls can only be covered by debt or taxation.
It seems we have another people working problem. A large increase in people below retirement age deciding not to for a better life, retired and also ill health. The BofE doesn't make noises about fast recovery rates. They look at over all economic performance. Ours is pretty dismal and they don't see a short term recovery. Just that recession wont be as severe as it could have been. Years to go yet if they have got it right.
Then add inadequate pay rises for many over rather a lot of years now.
We should be nice to the IMF we might need their help. They got it wrong in 2016 but tbf we hadn’t “left” then. The prediction make more sense now we’ve had a chance to let the economic impact sink in. Don’t forget it’s easier to improve from a weaker starting point. Now where’s that turkey.
Blup
Blup
No country likes borrowing of the IMF. They have very strict conditions. Read IMF being the gov in some respects.
The IMF made an interesting comment about downgrading us. He mentioned help handed out to get around power cost increases. Less of it but he also said that we pay more than the basic market rates for it. It implies more so than others.
Interesting comment recently on oil company taxation. Gas too ?? Not sure what it means but a rather high % was mentioned. Might be another country but it seems they may have to pay figures over standard corporation tax.
If they pay any.Brexit is irrelevant. The country started its journey to bankruptcy when Gordon Brown became chancellor and borrowed mountains of cash to bribe the low IQ voters. Any party that attempts to reverse this will be booted out by those whose free money they take away. There is no alternative, the country needs to go bust so that neither party can continue this massive scam, only then could a responsible government make the tough decisions that are needed. It definitely will not be pretty, and the brainwashed masses won't understand why their free money is being taken away. It will make the current rounds of strikes look like a tea party.
People who think Labour could sort things out by taxing only "the rich" would quickly find out that they are the rich, not just someone else.
People who think Labour could sort things out by taxing only "the rich" would quickly find out that they are the rich, not just someone else.
UK national debt hovered at around 500 billion between 2006 and 2008 before reaching 1 trillion in 2010. (https://www.ukpublicspending.co.uk/uk_national_debt_analysis)
I remember George Osbourne promising that they would reduce and then eliminate the debt when they won the election. I also remember the Lib Dems abandoning their promise to raise tuition fees when they propped them up.
It has risen consecutively every year since and now stands at over 2.5 trillion. Osbourne broke one of his biggest promises.
Under the skin there's no difference between either Labour or the Tories in the 21st Century -- they're both globalist parties with the same vested interests and string pullers. I do think it's unfair, however, to lay so much blame on Brown when there were years and years for Osbourne to 'sort it out'.
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