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Post by staffordshrew on Sept 5, 2022 11:50:44 GMT 1
They certainly take their own sweet time the Conservatives: 10 am and still no announcement. Slow and weak implementing a windfall tax. Now, while millions worry about energy bills, Liz Truss, if it is her, is thinking about adopting Labour's plans to freeze raising the energy price cap. The public need to know what the hell is going to happen. What about small business energy prices, not affected by the price cap? The village butcher in Albrighton is to close because his energy bill is rising from £15000 to £35000. Local butchers, pubs, etc. cannot just absorb £20 grand rises.
Why would there be an announcement by 10am when the announcement is at 12:30pm? This is an election for our next PM. If it had been a General Election, polling might have closed at 10pm Friday and by Saturday morning we would know who our next PM is. Just seems indicitive of a party that keeps the public hanging on before doing something. |
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Post by northwestman on Sept 5, 2022 11:51:27 GMT 1
And the winner is... Larry the Cat! The winner is Boris Johnson if his strategy is to sit back and watch the hopeless Truss fail and lose the next election, and then comes riding into town as the saviour of the party, heavily backed by the Daily Mail and other papers as well as his many acolytes amongst Tories. But all that could be blown out of the water if the Parliamentary Committee finds that he misled parliament. That's why he's spent £130k of taxpayers money on legal advice and enlisted the assistance of Dacre and Verity at the Mail and other papers such as the Express to try to prevent the investigation continuing. |
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Post by staffordshrew on Sept 5, 2022 11:53:38 GMT 1
But the more the Bank of England increases interest rates, the more expensive government borrowing becomes. The plunge in the value of the pound doesn't help either. They were told to borrow heavily at a fixed rate whilst the interest was low, missed opportunity. Can't see many buying homes now, the interest rate will likely go up 0.5% at least, projected 4% soon. Your average 2 year fix will end up being 6% if not more. The economy looks shafted without huge intervention. Agree, apart from housing Only thing that can keep house buying up is the spiralling cost of renting. |
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Post by northwestman on Sept 5, 2022 12:17:28 GMT 1
They were told to borrow heavily at a fixed rate whilst the interest was low, missed opportunity. Can't see many buying homes now, the interest rate will likely go up 0.5% at least, projected 4% soon. Your average 2 year fix will end up being 6% if not more. The economy looks shafted without huge intervention. Agree, apart from housing Only thing that can keep house buying up is the spiralling cost of renting. And there's no way that the Tories will even entertain rent restrictions. |
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Post by Dancin on Sept 5, 2022 12:41:11 GMT 1
In Truss we trust
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Post by ssshrew on Sept 5, 2022 12:41:12 GMT 1
Lizz Truss it is then. Life is going to be so good now with all she reckons she’s going to do!
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Post by camdenshrew on Sept 5, 2022 12:52:37 GMT 1
And the winner is....the White One! Well, I never.
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Post by staffordshrew on Sept 5, 2022 13:22:57 GMT 1
Lizz Truss it is then. Life is going to be so good now with all she reckons she’s going to do! Welcome to live now, pay later |
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Post by martinshrew on Sept 5, 2022 13:24:03 GMT 1
And the winner is....the White One! Well, I never. The Tories are still 3-0 up on Labour in terms of diversity, Labour haven't even broke away from having an all male club yet. |
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Post by mattmw on Sept 5, 2022 13:35:14 GMT 1
Not an unexpected result but a lot closer than I expected as outlined from this BBC journalist
"This was possibly closer than some people expected.
About 57% of valid votes cast were for Liz Truss. Turnout was pretty high too, with 82.6% of members casting a vote, with 654 rejected, possibly spoiled or filled out incorrectly.
For comparison, Boris Johnson won 66.4% of the vote in 2019, David Cameron 67.6% in 2005 and Iain Duncan Smith 60.7% in 2001"
With Rishi Sunak comfortably winning the vote amongst MP's and Boris Johnson said to want another shot at the top job its going to be a tricky few years for Truss to get overall control in the party - or at least keep its different elements on board.
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Post by martinshrew on Sept 5, 2022 13:35:29 GMT 1
Lizz Truss it is then. Life is going to be so good now with all she reckons she’s going to do! Welcome to live now, pay later You've gone back to 2008 haven't you? "There's no money left" |
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Post by staffordshrew on Sept 5, 2022 13:39:36 GMT 1
Welcome to live now, pay later You've gone back to 2008 haven't you? "There's no money left" That is exactly what I expect to be the honest answer by the next election, but this lot don't do honesty. |
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Post by Feedo Gnasher on Sept 5, 2022 13:41:16 GMT 1
Lizz Truss it is then. Life is going to be so good now with all she reckons she’s going to do! Welcome to live now, pay later If you want owd Trusser to do anything about the current cost of living crisis this is inevitable. Same as furlough. Damned if she does, damned if she doesn’t. Good luck to the woman, nothing I’ve ever seen from her gives me confidence but at least we won’t see the paralysis of the last 2 months. Her cabinet appointments are going to be very interesting and probably depressing. |
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Post by sheltonsalopian on Sept 5, 2022 13:43:45 GMT 1
That outcome is a lot closer than I expected. It seems Truss doesn't have the backing many people thought. It all reeks of a party that know they are losing the next election to be honest.
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Post by martinshrew on Sept 5, 2022 13:53:33 GMT 1
That outcome is a lot closer than I expected. It seems Truss doesn't have the backing many people thought. It all reeks of a party that know they are losing the next election to be honest. Labour should be 1/10 on. We're constantly told of how horrific this government of 12 years has been, yet Labour aren't pulling away. If Labour don't win a majority next time with how "horrendous" this lot have been, can they ever win? |
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Post by sheltonsalopian on Sept 5, 2022 14:02:15 GMT 1
That outcome is a lot closer than I expected. It seems Truss doesn't have the backing many people thought. It all reeks of a party that know they are losing the next election to be honest. Labour should be 1/10 on. We're constantly told of how horrific this government of 12 years has been, yet Labour aren't pulling away. If Labour don't win a majority next time with how "horrendous" this lot have been, can they ever win? Aye, but they are on average 10 points ahead in the polls with the oncoming storm brewing, they will win the next election, even more so now that Truss has been elected. |
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Post by Feedo Gnasher on Sept 5, 2022 14:04:32 GMT 1
Labour should be 1/10 on. We're constantly told of how horrific this government of 12 years has been, yet Labour aren't pulling away. If Labour don't win a majority next time with how "horrendous" this lot have been, can they ever win? Aye, but they are on average 10 points ahead in the polls with the oncoming storm brewing, they will win the next election, even more so now that Truss has been elected. Might depend if Truss takes Starmer’s pledge on freezing utility bills at current rates as is being speculated. Will no doubt get widespread praise for it whilst Labour get battered for not having any policies. |
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Post by davycrockett on Sept 5, 2022 14:11:54 GMT 1
Why would there be an announcement by 10am when the announcement is at 12:30pm? This is an election for our next PM. If it had been a General Election, polling might have closed at 10pm Friday and by Saturday morning we would know who our next PM is. Just seems indicitive of a party that keeps the public hanging on before doing something. You have to remember nothing gets in the way of the summer recess…… |
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Post by davycrockett on Sept 5, 2022 14:17:17 GMT 1
They were told to borrow heavily at a fixed rate whilst the interest was low, missed opportunity. Can't see many buying homes now, the interest rate will likely go up 0.5% at least, projected 4% soon. Your average 2 year fix will end up being 6% if not more. The economy looks shafted without huge intervention. Agree, apart from housing Only thing that can keep house buying up is the spiralling cost of renting. Where’s that? in your head? Private rents went up 3% in the 12 months to June and 2.8% in the 12 months prior to that…. I’ve got 2 sons, one rents in Shrewsbury one in Bristol, no increase in the last 2 years…. |
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Post by MetaShrew on Sept 5, 2022 14:43:17 GMT 1
The Lib Dems have been chipping away at the Tories recently and now they've even managed to get one of their own in as Conservative Party leader!
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Post by staffordshrew on Sept 5, 2022 15:10:38 GMT 1
Agree, apart from housing Only thing that can keep house buying up is the spiralling cost of renting. Where’s that? in your head? Private rents went up 3% in the 12 months to June and 2.8% in the 12 months prior to that…. I’ve got 2 sons, one rents in Shrewsbury one in Bristol, no increase in the last 2 years…. Just a snippet I heard on the news, rents apparently going up, some people paying 60% of their income in rent.
Surely an incentive to buy if they can? Their parents will tell them of a time when interest rates were much higher, but they bought anyway and now are glad they did.
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Post by mattmw on Sept 5, 2022 15:42:43 GMT 1
Where’s that? in your head? Private rents went up 3% in the 12 months to June and 2.8% in the 12 months prior to that…. I’ve got 2 sons, one rents in Shrewsbury one in Bristol, no increase in the last 2 years…. Just a snippet I heard on the news, rents apparently going up, some people paying 60% of their income in rent.
Surely an incentive to buy if they can? Their parents will tell them of a time when interest rates were much higher, but they bought anyway and now are glad they did.
Most affordable rents ie those connected to a housing association or through the Council are connected to the Consumer Price Index (CPI) and are charged at CPI plus 1% - rents genrally get set each financial year and in spring this year the rate was a 3.1% increase. The CPI is currently however 9.8% and could rise higher so could a lot of people in Council or Housing Association rentals could be seeing 10% increases in rent in the spring, on top of the increases in fuel and food costs. So on a £500 monthly rent that could go up by £50 a month A lot of private rent owners will, you would assume, be seeing there mortgage rates rise as well as the cost of borrowing increases and I guess its likely a lot of smaller rental companies will need to increase rents to keep up with the cost interest rate increases, or see their yields reduced. Something else we have seen in Shropshire over the last 12 months is a lot of private rental properties being sold and being taken out of the market as people have cashed in on high house prices. With fewer rental properties available thats pushing up prices too. There is a lack of rental opportunties which has a knock on effect on the ability to attract key workers to Shropshire |
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Post by martinshrew on Sept 5, 2022 15:45:12 GMT 1
There's plenty who point to an "all white Tory party", which is a lie anyway, but nobody wants to talk about the male only club across the benches.
Rather than trying for net zero by 2050, maybe the Labour party will modernise by 2050 and allow women to rise to the top of the party.
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Post by stuttgartershrew on Sept 5, 2022 15:50:32 GMT 1
Closer than a good few were predicting. Congratulations to Truss. Gut feeling is that she will struggle but then I think a good few would considering the state of play at the moment. Wish her well anyhow and wish her luck. I think she is going to need it.
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Post by stuttgartershrew on Sept 5, 2022 15:51:25 GMT 1
And the winner is....the White One! Well, I never. The Tories are still 3-0 up on Labour in terms of diversity, Labour haven't even broke away from having an all male club yet. Hilarious isn't it. Seen this more than the once on social media. Considering the only people to have led Labour into a general election are white men...the lack of self awareness once again is something to behold...  |
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Post by davycrockett on Sept 5, 2022 15:52:21 GMT 1
There's plenty who point to an "all white Tory party", which is a lie anyway, but nobody wants to talk about the male only club across the benches. Rather than trying for net zero by 2050, maybe the Labour party will modernise by 2050 and allow women to rise to the top of the party. You have twice in a couple of hours on the same thread 😉 |
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Post by martinshrew on Sept 5, 2022 16:00:12 GMT 1
The Tories are still 3-0 up on Labour in terms of diversity, Labour haven't even broke away from having an all male club yet. Hilarious isn't it. Seen this more than the once on social media. Considering the only people to have led Labour into a general election are white men...the lack of self awareness once again is something to behold... Some are just so focusing on slinging insults they don't actually think about whether they're true, relevant or even hypercritical. The "they're all white men" has been particularly entertaining coming from a party that's never had anything but white men lead it. |
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Post by Worthingshrew on Sept 5, 2022 16:53:04 GMT 1
Listening to her at lunchtime, she’s even more wooden and stilted than I thought. Even Starmer should be able to run rings round her at PMQs.
About the best I can say for her is that, at the moment, she’s got to be more honest than Boris.
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Post by stuttgartershrew on Sept 5, 2022 17:03:46 GMT 1
Hilarious isn't it. Seen this more than the once on social media. Considering the only people to have led Labour into a general election are white men...the lack of self awareness once again is something to behold... Some are just so focusing on slinging insults they don't actually think about whether they're true, relevant or even hypercritical. The "they're all white men" has been particularly entertaining coming from a party that's never had anything but white men lead it. And if the polls were to be believed Badenoch would have beaten Truss in the membership vote. And I do wonder whether the Tories might regret not doing so.  |
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Post by stuttgartershrew on Sept 5, 2022 17:06:31 GMT 1
Hilarious isn't it. Seen this more than the once on social media. Considering the only people to have led Labour into a general election are white men...the lack of self awareness once again is something to behold... Some are just so focusing on slinging insults they don't actually think about whether they're true, relevant or even hypercritical. The "they're all white men" has been particularly entertaining coming from a party that's never had anything but white men lead it. But its weird though, right? I mean anyone who raises this must know that whether Labour or the Lib Dems they have only had white people lead the party. And as pointed out, Labour only white men. They must know how ridiculous they look coming out with such things. And yet you still see one or two doing just that.  |
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