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Post by oldie on Jul 10, 2021 7:59:20 GMT
Haha you’ve gotta be joking surely ? It’s got everything to do with Brexit . Why and evidence? Clive Good morning There are labour shortages everywhere. There are skill shortages everywhere. The latter was evident pre Brexit and cutting off the supply of skilled Europeans exacerbated this. Covid is disguising this with Furlough. Now, as we get back to pre pandemic activity levels, will employment rise in the south whilst chronic unemployment remains in areas in the north? Most likely. The next thing you will hear is get on your bike. Of course the housing crisis will not allow social mobility... Back to the future, with the same party in power enacting the same policies. This time with the added acidic sauce of Brexit. |
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Post by yattongas on Jul 10, 2021 8:23:32 GMT
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Post by yattongas on Jul 10, 2021 8:29:34 GMT
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Post by trevorgas on Jul 10, 2021 8:44:03 GMT
Clive Good morning There are labour shortages everywhere. There are skill shortages everywhere. The latter was evident pre Brexit and cutting off the supply of skilled Europeans exacerbated this. Covid is disguising this with Furlough. Now, as we get back to pre pandemic activity levels, will employment rise in the south whilst chronic unemployment remains in areas in the north? Most likely. The next thing you will hear is get on your bike. Of course the housing crisis will not allow social mobility... Back to the future, with the same party in power enacting the same policies. This time with the added acidic sauce of Brexit. Morning Les Yep I agree re your comments on the Labour market,do you tHink as Furlough ends more Labour will come into the market as some jobs will ultimately disappear. |
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Post by oldie on Jul 10, 2021 9:28:13 GMT
Clive Good morning There are labour shortages everywhere. There are skill shortages everywhere. The latter was evident pre Brexit and cutting off the supply of skilled Europeans exacerbated this. Covid is disguising this with Furlough. Now, as we get back to pre pandemic activity levels, will employment rise in the south whilst chronic unemployment remains in areas in the north? Most likely. The next thing you will hear is get on your bike. Of course the housing crisis will not allow social mobility... Back to the future, with the same party in power enacting the same policies. This time with the added acidic sauce of Brexit. Morning Les Yep I agree re your comments on the Labour market,do you tHink as Furlough ends more Labour will come into the market as some jobs will ultimately disappear. My opinion is that with currently 1.5 million on furlough, running that down will undoubtedly increase supply. The question is to which income brackets and where. The Tories have stoked house price inflation with short sighted and politically motivated "help to buy schemes", and inflation is stalking us. If you are in the lower income brackets you will not be able to afford a mortgage, rental demand will push up rents, and inflation, aligned with supply issues, will increase the cost of living. Lower income groups will be more worse off than ever and trapped in specific geographic areas of the UK. But still, they have Jolly Johnson and lots of nice flags. |
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Post by trevorgas on Jul 10, 2021 11:18:29 GMT
Morning Les Yep I agree re your comments on the Labour market,do you tHink as Furlough ends more Labour will come into the market as some jobs will ultimately disappear. My opinion is that with currently 1.5 million on furlough, running that down will undoubtedly increase supply. The question is to which income brackets and where. The Tories have stoked house price inflation with short sighted and politically motivated "help to buy schemes", and inflation is stalking us. If you are in the lower income brackets you will not be able to afford a mortgage, rental demand will push up rents, and inflation, aligned with supply issues, will increase the cost of living. Lower income groups will be more worse off than ever and trapped in specific geographic areas of the UK. But still, they have Jolly Johnson and lots of nice flags. Emm you may well be right,now the stamp duty holiday has finished in would expect some steam to come out of the market,the movement of city dwellers to the countryside post pandemic is also a driving factor. Inflation will be an interesting one,after years of low or zero inflation it's inevitable the challenge will be over what period and where it peaks. In many respects middle income groups have financially prospered in the last 18 months accruing more savings if they choose to spend it quickly and with money supply high then I can see inflation at a level we've not seen for decades. |
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Post by oldie on Jul 10, 2021 12:25:32 GMT
My opinion is that with currently 1.5 million on furlough, running that down will undoubtedly increase supply. The question is to which income brackets and where. The Tories have stoked house price inflation with short sighted and politically motivated "help to buy schemes", and inflation is stalking us. If you are in the lower income brackets you will not be able to afford a mortgage, rental demand will push up rents, and inflation, aligned with supply issues, will increase the cost of living. Lower income groups will be more worse off than ever and trapped in specific geographic areas of the UK. But still, they have Jolly Johnson and lots of nice flags. Emm you may well be right,now the stamp duty holiday has finished in would expect some steam to come out of the market,the movement of city dwellers to the countryside post pandemic is also a driving factor. Inflation will be an interesting one,after years of low or zero inflation it's inevitable the challenge will be over what period and where it peaks. In many respects middle income groups have financially prospered in the last 18 months accruing more savings if they choose to spend it quickly and with money supply high then I can see inflation at a level we've not seen for decades. Yes its money supply. Funny how thats hardly ever mentioned anymore. But with BoE printing money to fund government spending, asset prices are stoked as that money seeks a home. You can see it in the mortgage market as banks, keen to leverage their cash on hand, lower mortgage rates. This could get very messy. |
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Post by trevorgas on Jul 10, 2021 17:58:51 GMT
Emm you may well be right,now the stamp duty holiday has finished in would expect some steam to come out of the market,the movement of city dwellers to the countryside post pandemic is also a driving factor. Inflation will be an interesting one,after years of low or zero inflation it's inevitable the challenge will be over what period and where it peaks. In many respects middle income groups have financially prospered in the last 18 months accruing more savings if they choose to spend it quickly and with money supply high then I can see inflation at a level we've not seen for decades. Yes its money supply. Funny how thats hardly ever mentioned anymore. But with BoE printing money to fund government spending, asset prices are stoked as that money seeks a home. You can see it in the mortgage market as banks, keen to leverage their cash on hand, lower mortgage rates. This could get very messy. Yep because economic principles have been ditched,at some stage the the money in circulation will have to reduce,then look out for rapid inflation. |
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Post by yattongas on Jul 14, 2021 21:01:23 GMT
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Post by yattongas on Jul 15, 2021 6:44:09 GMT
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Post by yattongas on Jul 15, 2021 16:59:21 GMT
How’s this working out Nige ? 🎣
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Post by stuart1974 on Jul 16, 2021 7:34:56 GMT
This story covers both Brexit and Covid. www.bbc.co.uk/news/business-57855681"But there was also a thinly disguised warning. Creating those opportunities will need the help of the government and regulators to keep London competitive with other international centres. Mr Gnodde thinks that lessons can be learnt from the big bank deregulation of financial services in 1985. "The UK was unambiguously supportive of financial services - it was crystal clear. I really want to stress this point - certainty - in terms of support for business is absolutely key. "And it has to be consistent. You can't support business on Monday and Tuesday, and then criticise it on a Wednesday and Thursday… that sends a confusing message. Certainty is critical." When City bosses talk about competitiveness, it's often code for lighter regulation. Outside the EU, many have called for a bonfire of regulation. If Mr Gnodde had the match which bits would he burn? "Eliminate duplication and unnecessary excessive reporting. Let's do what we have to do to have effective regulation. But let's cut out some of the bureaucratic elements to enable firms to use their capital resources efficiently." " |
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Post by trevorgas on Jul 16, 2021 9:23:25 GMT
This story covers both Brexit and Covid. www.bbc.co.uk/news/business-57855681"But there was also a thinly disguised warning. Creating those opportunities will need the help of the government and regulators to keep London competitive with other international centres. Mr Gnodde thinks that lessons can be learnt from the big bank deregulation of financial services in 1985. "The UK was unambiguously supportive of financial services - it was crystal clear. I really want to stress this point - certainty - in terms of support for business is absolutely key. "And it has to be consistent. You can't support business on Monday and Tuesday, and then criticise it on a Wednesday and Thursday… that sends a confusing message. Certainty is critical." When City bosses talk about competitiveness, it's often code for lighter regulation. Outside the EU, many have called for a bonfire of regulation. If Mr Gnodde had the match which bits would he burn? "Eliminate duplication and unnecessary excessive reporting. Let's do what we have to do to have effective regulation. But let's cut out some of the bureaucratic elements to enable firms to use their capital resources efficiently." " Totally agree, after the fiasco of light touch regulation in the 90s it went completely the other way,it needs to be laser like in the areas of Risk and light touch elsewhere. |
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Post by axegas on Jul 19, 2021 0:33:27 GMT
Just had a read of the EU thread on the other forum. Surprised to read that there are about 2/3 remainers on there, giving the usual bunch a bit of a hard time.
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Post by stuart1974 on Jul 19, 2021 9:31:53 GMT
Just had a read of the EU thread on the other forum. Surprised to read that there are about 2/3 remainers on there, giving the usual bunch a bit of a hard time. Most sensible people would refrain from engaging with them IMO, I've made that mistake before. Mind you, I don't think Germanygas is helping the remain argument. |
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Post by yattongas on Jul 19, 2021 10:32:56 GMT
Just had a read of the EU thread on the other forum. Surprised to read that there are about 2/3 remainers on there, giving the usual bunch a bit of a hard time. Most sensible people would refrain from engaging with them IMO, I've made that mistake before. Mind you, I don't think Germanygas is helping the remain argument. There is no remain argument ….. we’ve left . Pointing out the lies and the facts is fair game in my book . |
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Post by stuart1974 on Jul 19, 2021 10:50:45 GMT
Most sensible people would refrain from engaging with them IMO, I've made that mistake before. Mind you, I don't think Germanygas is helping the remain argument. There is no remain argument ….. we’ve left . Pointing out the lies and the facts is fair game in my book . Figure of speech, but agree that pointing out the lies and deceit is worth doing. |
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Post by baggins on Jul 19, 2021 10:56:54 GMT
There is no remain argument ….. we’ve left . Pointing out the lies and the facts is fair game in my book . Figure of speech, but agree that pointing out the lies and deceit is worth doing. Lies? Link? 😄 |
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Post by stuart1974 on Jul 19, 2021 11:14:00 GMT
Figure of speech, but agree that pointing out the lies and deceit is worth doing. Lies? Link? 😄 #GoBoris |
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Post by yattongas on Jul 19, 2021 11:15:47 GMT
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