| All this Budget Speculation 23:28 - Oct 18 with 19320 views | JACKMANANDBOY |
The plan seems to be to raise taxes like IHT and Capital Gains and maybe on Non-Doms etc. whilst changing the rules to borrow more.
There a realistic risk here, if the tax income does not increase as planned, the very rich can work their way around these increases, and if growth is slow then the cost of borrowing increases as bond rates will go up as confidence is lost in the money markets and we will have a slow burn Liz Truss effect.
With all that is happening in the World having some gold makes a lot of sense right now. |  |
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| All this Budget Speculation on 18:06 - Mar 19 with 277 views | Gwyn737 |
| All this Budget Speculation on 17:48 - Mar 19 by ReslovenSwan1 |
British Gas. That was excellent. A local firm who a was released and sold to Shell for billions. Many shareholders bought the firms shares off the Thatcher Government. BG exploration was developing gas fields in South America by the end. Vodafone is a great UK company sold off from the British army and developed. The taxpayer did not make much our of that. Presumably they have paid corporation tax at some point being based near Basingstoke.. National Grid he as been a solid performer. Steadily growing make profits and paying tax and dividends.
BT is as dull as chips but doing OK. They were released from state ownership and formed O2. Now EE the Shara have not done much but dividends go to shareholder from the Thatcher era.
The railway and Water companies have not performed well and Thames Water my have been linked to shenanigans of some sort. Hard regulation was required with no dividends payable with out the company first hitting key performance indicators. One would assume that would not be so difficult to arrange. High dividend payments with little infrastructure improvements like the abolishing of storm water outfalls into rivers coastal areas and lakes. [Post edited 19 Mar 17:50]
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I don’t think British Gas is a success for anyone apart from those who purchased shares at the time.
They’ve just given their boss a £245k bonus so I suppose he’s happy too.
Has the customer experience from BT improved since privatisation?
[Post edited 19 Mar 18:26]
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| All this Budget Speculation on 18:34 - Mar 19 with 249 views | JACKMANANDBOY |
| All this Budget Speculation on 18:06 - Mar 19 by Gwyn737 |
I don’t think British Gas is a success for anyone apart from those who purchased shares at the time.
They’ve just given their boss a £245k bonus so I suppose he’s happy too.
Has the customer experience from BT improved since privatisation?
[Post edited 19 Mar 18:26]
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A lot of outcomes relate to corporate governance and the morals of the executive. He's a conversation you won't have today.
I joined a ftse100 Company in the late 80s. All new joiners got to have lunch with the CEO. What I remember him saying is that as CEO you have to be a paragon of virtue, in what you think, say and do and remember that your job is that of a custodian and to leave things in better shape than when you joined.
He was an old soldier, been through it all in WW2 apparently, he was excellent and things quickly drifted off course when he left, his successor left under a cloud after 18 months for dubious financial practice. | |
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| All this Budget Speculation on 21:33 - Mar 19 with 174 views | Dr_Winston |
All of which underlines the points made previously.
The Government is spending far more than it is taking in. That is a situation that simply cannot continue, as much as some people seem to think otherwise.
You can try to increase taxation, but as has become increasingly obvious to all but the most twp, there's only so far you can squeeze high earners. They will just move elsewhere and tax take will fall. The best level of tax is one that people are happy to pay.
All Goverment departments need to be ruthlessly assessed for efficiency. There are too many people still sitting at home watching Daytime TV when they should be in the office working. |  |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| All this Budget Speculation on 22:18 - Mar 19 with 157 views | JACKMANANDBOY |
| All this Budget Speculation on 21:33 - Mar 19 by Dr_Winston |
All of which underlines the points made previously.
The Government is spending far more than it is taking in. That is a situation that simply cannot continue, as much as some people seem to think otherwise.
You can try to increase taxation, but as has become increasingly obvious to all but the most twp, there's only so far you can squeeze high earners. They will just move elsewhere and tax take will fall. The best level of tax is one that people are happy to pay.
All Goverment departments need to be ruthlessly assessed for efficiency. There are too many people still sitting at home watching Daytime TV when they should be in the office working. |
I'm particularly impressed by those who say we are paying too much for our debt interest then advocate borrowing more! | |
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| All this Budget Speculation on 00:36 - Mar 20 with 124 views | Robbie |
Thames Water have been bailed out for another year , a failing Company on its backside .
Strangely Thames Water are one of the biggest asset holders for peoples private pension schemes , their future nest egg resting on that companies future profits .
They go under and schemes across the UK pension plans will sink alongside so got to keep them afloat .
Bill payers will foot the costs again for outside influences . | | | |
| All this Budget Speculation on 09:26 - Mar 20 with 60 views | controversial_jack |
| All this Budget Speculation on 21:33 - Mar 19 by Dr_Winston |
All of which underlines the points made previously.
The Government is spending far more than it is taking in. That is a situation that simply cannot continue, as much as some people seem to think otherwise.
You can try to increase taxation, but as has become increasingly obvious to all but the most twp, there's only so far you can squeeze high earners. They will just move elsewhere and tax take will fall. The best level of tax is one that people are happy to pay.
All Goverment departments need to be ruthlessly assessed for efficiency. There are too many people still sitting at home watching Daytime TV when they should be in the office working. |
That's always been the case though and not just this country. Taxation doesn't cover all the costs, hence borrowing. Nothing new here | | | |
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