General Election 12 December.

[Baron99]

40 minutes ago, Pettytom said:

That sort of thing just makes it more necessary to take ownership of our power generation 

You take ownership of the assets, you also take ownership of the liabilities. 

 

Have Lab costed not only buying the businesses, which they appear to have undervalued but also paying off shareholders, (don't think Govt Bonds will wash at a return of 2% when the shares in many of the companies are running at 7%), as well as maintaining the pension funds for the workers involved.

 

There is also the pension funds of millions of other workers to think of which are currently invested in these large multi-nationals. 

[Pettytom]

40 minutes ago, Baron99 said:

You take ownership of the assets, you also take ownership of the liabilities. 

 

Have Lab costed not only buying the businesses, which they appear to have undervalued but also paying off shareholders, (don't think Govt Bonds will wash at a return of 2% when the shares in many of the companies are running at 7%), as well as maintaining the pension funds for the workers involved.

 

There is also the pension funds of millions of other workers to think of which are currently invested in these large multi-nationals. 

Any fund manager who doesn’t want a bond at 2% can sell and buy other shares.

 

The best funds have a mix of assets though. Don’t forget that.

[Robin-H]

5 hours ago, Pettytom said:

It is quite a big hole, but here we go again chucking silly numbers around like they need to be paid for immediately.

 

The waspi women have been shabbily treated and it is right that they should get their pension entitlement reinstated. 
 

The money will need paying over the next 20-30 years, which in the region of £2bn a year. A lot of money, but not terrifyingly so.

 

Sometimes you just have to do the right thing.

Is it over 20-30 years? 

 

Labour said it would make individual payments of an average of £15,380 to the 3.7 million women it claims were affected, with some payouts as high as £31,300. It doesn't suggest these would be spread out over 30 years unless they've just not mentioned that detail..

Edited November 24, 2019 by Robin-H

[Baron99]

And 'Gobby Head Girl'; isn't that how she self-styles herself, continues to be found out?

 

https://www.dailymail.co.uk/news/article-7718847/Lib-Dem-leader-branded-climate-change-hypocrite-taking-77-flights-just-18-months.html

 

She never heard of a train? 

Edited November 24, 2019 by Baron99

[altus]

3 hours ago, Robin-H said:

Is it over 20-30 years? 

 

Labour said it would make individual payments of an average of £15,380 to the 3.7 million women it claims were affected, with some payouts as high as £31,300. It doesn't suggest these would be spread out over 30 years unless they've just not mentioned that detail..

It said over 5 years on the news earlier today. Regardless, the amount is chicken feed compared to the hit the government's finances will take with Boris's hard brexit.

[Pettytom]

3 hours ago, Robin-H said:

Is it over 20-30 years? 

 

Labour said it would make individual payments of an average of £15,380 to the 3.7 million women it claims were affected, with some payouts as high as £31,300. It doesn't suggest these would be spread out over 30 years unless they've just not mentioned that detail..

My mistake, apologies for that. 
The payments are spread over 5 years. 
 

It is still the right thing to do The state grabbing so much from a group of pensioners is palpably wrong and needs sorting out. It is Lib Dem policy to do so too

[Man in Crete]

7 hours ago, Man in Crete said:

sorry I have missed something .......where does payment over 20/30/years come into it?

are you there please?

[El Cid]

2 hours ago, Pettytom said:

It is still the right thing to do The state grabbing so much from a group of pensioners is palpably wrong and needs sorting out. It is Lib Dem policy to do so too

The Liberal Democrats stated that the compensation will be decided in line with the recommendations of the parliamentary ombudsmen, that sounds sensible.

[Robin-H]

11 hours ago, Pettytom said:

My mistake, apologies for that. 
The payments are spread over 5 years. 
 

It is still the right thing to do The state grabbing so much from a group of pensioners is palpably wrong and needs sorting out. It is Lib Dem policy to do so too

So it's an extra £11.6 billion a year that wasn't in their manifesto. 

 

Governments need to prioritise where money is spent, as (most) governments realise that you can't just borrow hundreds and hundreds of billions of pounds ad infinitum without harsh economic consequences. I'm not sure that given the figures involved this should be a priority. There could be a middle ground. 

[Anna B]

19 minutes ago, Robin-H said:

So it's an extra £11.6 billion a year that wasn't in their manifesto. 

 

Governments need to prioritise where money is spent, as (most) governments realise that you can't just borrow hundreds and hundreds of billions of pounds ad infinitum without harsh economic consequences. I'm not sure that given the figures involved this should be a priority. There could be a middle ground. 

Unless it's money to give to bail out the Banks. £350Billion in Quantatitive Easing raised just like that.