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Post by martin44 on May 23, 2023 22:27:24 GMT
Can't believe that there are still conservative MP'S who believe he can make a come back as PM. Watch this space.
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adrianc
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Post by adrianc on May 24, 2023 7:14:36 GMT
Can't believe that there are still conservative MP'S who believe he can make a come back as PM. Oh, I definitely can. Just look at the calibre of individual they retained after the Sept 2019 "night of the long knives", just before the election. They're the current parliamentary party...
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registerme
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Post by registerme on May 24, 2023 8:36:04 GMT
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keitha
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2024, hopefully the year I get out of P2P
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Post by keitha on May 24, 2023 9:21:41 GMT
www.bbc.co.uk/news/uk-england-london-65693309Sorry but walking uninvited into a strangers house with your mates to film you, asking people "do you want to die" etc is not funny and not a prank. The guy is at best an idiot, he needs to be dealt with severely
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on May 24, 2023 14:15:05 GMT
Govt lawyers dumped, so now we get to pay for some expensive private ones I guess Meanwhile the Cabinet Office is in a spat with the Covid enquiry because it wont provided unredacted Whatsapps
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michaelc
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Say No To T.D.S.
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Post by michaelc on May 24, 2023 15:58:05 GMT
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jo
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dead
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Post by jo on May 24, 2023 16:09:59 GMT
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jonno
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nil satis nisi optimum
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Post by jonno on May 24, 2023 16:51:06 GMT
Ermm..........................Don't bank on it
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adrianc
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Post by adrianc on May 25, 2023 8:57:18 GMT
Woo. The Daily Express are spinning it as the greatest thing since sliced bread, too. Bless. 'course, if we hadn't chosen to erect trade barriers, there probably wouldn't have been the question in the first place, since there wouldn't have been issues around supply from a UK battery plant to JLR's assembly plant in Slovakia (which started off as parallel extra capacity, and suddenly became primary). Nor would the government have had to promise to subsidise it to the tune of hundreds of millions of pounds. Now, about Stellantis Ellesmere Port...?
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on May 25, 2023 10:02:28 GMT
Woo. The Daily Express are spinning it as the greatest thing since sliced bread, too. Bless. 'course, if we hadn't chosen to erect trade barriers, there probably wouldn't have been the question in the first place, since there wouldn't have been issues around supply from a UK battery plant to JLR's assembly plant in Slovakia (which started off as parallel extra capacity, and suddenly became primary). Nor would the government have had to promise to subsidise it to the tune of hundreds of millions of pounds. Now, about Stellantis Ellesmere Port...? Planned to source its batteries for UK EV production from China but rising costs have now made that less viable and also will likely breach the incoming 45% origin rules as a result. Note it is a wider EU issue as cost rises on raw materials, which Europe lacks, makes investment decisions on battery production more marginal and Europe is already unlikely to have sufficient capacity to meet requirements necessary to phase out IC by target dates. Hence the call for EU-UK to delay changes in origin rules to allow continued use of cheaper Asian components. Note Stellantis said it would be cheaper to import cars from the Far East, not EU, than build in UK, and places emphasis on lack of European competitiveness as a whole. www.theguardian.com/business/nils-pratley-on-finance/2023/may/17/vauxhall-owner-car-crisis-stellantis-brexitwww.theguardian.com/business/2023/may/17/vauxhall-maker-says-brexit-deal-must-be-renegotiated-or-it-could-shut-uk-plantcommittees.parliament.uk/writtenevidence/118270/pdf/As for subsidies, that seems to be the name of the game with the IRA and forthcoming EU response. Likely to be more of it if the govt changes as I suspect a large component of Reeves' Modern supply side economics.
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Greenwood2
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Post by Greenwood2 on May 25, 2023 10:24:49 GMT
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keitha
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2024, hopefully the year I get out of P2P
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Post by keitha on May 25, 2023 11:00:22 GMT
given the IMF's poor performance recently next month Germany will be OK, and it will be France at the bottom, then it will be the mighty USA.
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Post by overthehill on May 25, 2023 15:15:23 GMT
Interesting given that the DAX hit an all-time high a few days ago.
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Post by captainconfident on May 25, 2023 20:22:05 GMT
Interesting given that the DAX hit an all-time high a few days ago.
"Economic growth is an increase in the production of economic goods and services in one period of time compared with a previous period". Problem is, and the reason economic growth isn't a very meaningful measure, is that probably the majority of peoples productivity doesn't change while their pay for the job goes up over time. Teachers don't teach more, train drivers don't drive more trains, carers don't care more, civil servants don't serve more civily, violin players don't play more concerts if you raise their wages. But they surely contribute to Gross National Happiness, maybe not some civil servants I've had on the phone.
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registerme
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Post by registerme on May 25, 2023 23:13:54 GMT
Problem is, and the reason economic growth isn't a very meaningful measure, is that probably the majority of peoples productivity doesn't change while their pay for the job goes up over time. Teachers don't teach more, train drivers don't drive more trains, carers don't care more, civil servants don't serve more civily, violin players don't play more concerts if you raise their wages. I'm not sure I agree with that. I don't disagree with you that GDP as a measure is flawed, or that measures of productivity are also flawed, but... 1. I don't know whether or not teachers teach more, but that doesn't preclude them from teaching better. Take the pandemic. Fifty years ago, Christ, ten years ago, teaching would have simply stopped. Instead we had Zoom classes and WhatsApp groups etc. So pulling numbers out of the air let's assume that a pandemic fifty years ago would have reduced teacher productivity by 95%, but with COVID it was only reduced 20%. That is an increase in effective productivity. And that's before you apply the lessons (sorry) learned to the post-pandemic world. 2. Train drivers don't drive more trains. But "they" do if you reduce the number of guards required, or indeed eliminate the need for train drivers at all. 3. No, carers don't care more. But it's not impossible to imagine a world where they have better PPE: where eg GPs, hospitals, and care services were more effectively joined up; where admin and processes were more automated, easier to engage with, and cheaper to manage etc. All of which would make the care worker "more productive". 4. Agreed. It won't make civil servants more civil. But a few I've encountered over the years could have been replaced by a decent chatbot. The result of which would have been better customer satisfaction, lower cost, and more efficient service provision. All of which amounts to increased productivity. 5. Two hundred odd years ago to listen to that violin player you had to go to the concert. A hundred years ago you might be able to buy a record. Fifty years ago you could get a tape. Thirty years ago somebody at Sony thought about digitising it and came up with the CD. Now you just stream it on Spotify. For free. Is GDP a perfect measure? Not by a long shot. Is it possible to measure productivity? Yes, but it's challenging and imperfect. Is improvement in productivity dead? Not at all. Is increasing productivity crucial to maintaining (if not improving) standards of living? Absolutely. Of course there's a couple of elephants in the room but I'll leave them until I can use a proper keyboard tomorrow morning .
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