Corbyns Torque

Lets not forget that £10 per hour minimum wage costs an employer a hell of a lot more in employers National Insurance and pension contribution etc.
Let's not forget that someone who is at present earning £2 more than the minimum wage will expect to be paid £2 more than the new minimum wage - and why not? And so it goes on all the way up the scale - resulting in price increases and inflation and we are back to square one. I am not against the minimum wage - of course not - but sudden jumps like that ricochet all the way up.

This is a surprise - not. So who next? George Galloway

Already done, Annie.

jewishnews.timesofisrael.com/union-chief-calls-for-george-galloways-readmission-to-the-labour-party/

But remember, this is no hard left takeover of the party!

Exactly Jalima and before we can turn around everything will have jumped up in price to take wage rises into account.

With many large manufacturers already making plans to move parts of their operations to EU countries because of Brexit, it is VERY shortsighted of Corbyn to think that he can impose large wage rises onto already strapped manufacturers which will only result in job losses. Additionally many manufacturers are already looking at automating some of the more mundane, high volume and usually lower paid activities. Wouldn't forcing wage rises, NI rises and pension rises put a final nail in the coffin for "the man or woman on the production line" who lets face it might not find employment elsewhere.

Thank you Primrose, I must give Comrade Corbyn credit for speaking the truth when he said Andrew Murray was just like him.

I suppose we will soon see Red Ken and Galloway sitting each side of their leader Comrade Corbyn . Why are the far left here still claiming this is the Labour Party not a Communist party take over

gillybob The IFS wrote an article in the FT basically agreeing with everything you've said. They did some analysis with the London School of Economics. It would add £14 billion a year to employers costs and they warned that the policy could backfire.

Jalima

"POGS just to clarify - it was jura's post I was replying to and not yours. I was not being patronising as Gracesgran seems to think."

I follow the time lines of threads Jalima and I knew you were not patronising me.
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The questions re the £10 an hour I asked on Sunday remain questions presumably.

1). If Labour are not elected until 2022 , supposing no General Election is called for , what would/could the minimum hourly wage be anyway? The £10 sounds good now but it will be reduced in value from year to year as the minimum wage rises.

2). If there was a General Election next week and Labour won has Corbyn ' categorically stated ' Labour would immediately enforce a £10 an hour minimum wage from the time it became our government?

Does anybody know ?

Would the 20 / 1 wage ratio come into force immediately?

I think the minimum wage is planned to be around £8.75 by 2020. Difficult to say how £10 will be reduced in value, as inflation is variable. The IFS did a huge piece on Lab/Tory policies on minimum wage and the various impacts.
election2017.ifs.org.uk/article/minimum-wages-in-the-next-parliament

Before the election - Jeremy Corbyn’s speech on April 10th 2017: “That’s why Labour will raise the legal minimum wage for all to at least £10 an hour by 2020”.

So it's not immediate unless they've changed their position. And it's 'at least'. (!!!!!!)

The 20x ratio couldn't come into force full stop. It's totally unworkable. The government would collapse. None of the LP politicians I've seen interviewed has any detail on this at all - it's just a meaningless soundbite. In my opinion!

Hmm . George Galloway has at least not been a hypocrite and has stuck to his opinion over EU Membership .

Denis Skinner is not a favourite of mine but he went from hero to zero to 'some' because he also has not turned into a hypocrite and has maintained his position on the EU , a position he has held throughout his decades in Parliament.

They both shared the same view over the EU as Corbyn and McDonnell , went through the same lobby and spoke the same language at one time.

m.youtube.com/watch?v=3xIpjA6dol8

Mind you he had a taste of his own medicine and felt the wrath of the Remainers when he voted for the Repeal Bill alongside Ronnie Campbell, Frank Field, Kate Hoey, Kelvin Hopkins, John Mann, and Graham Stringer and the other Labour MP's who abstained.

At least they had the cahoonas to stick with their principles I'll give them that and it must have very difficult knowing what nasty idiots would probably throw at them, did throw at them.

Spot on Anniebach Corbyn hasn't the IQ to run the Labour Party he will be at the behest of the extreme left. He was voted in by the extreme left against the wishes of the vast majority of the Labour Party and as for MCdonnell he is an unashamed Marxist. it would be a communist takeover.

The remain camp including Carney made dire predictions about what would happen to us if we voted to leave the EU none of which have come true. Truth to tell no one truly knows what will happen after brexit except for being able to make our own trade deals and make our own laws. All of these so called experts just quote things to suit their own ends. Before the financial crisis the IMF did not predict one single bank going bust they just did not see it coming.

Why are you talking about Remain on the Corbyn thread. Isn't that taking us off topic. I thought that was a heinous crime.

Wally- Financial Services and Sterling are being artificially kept afloat- WE HAVE NOT LEFT YET.

But I know for sure that major companies have all they plans made, and will be able to move very very quickly if and when.

£100bn injected into the economy in quantitative easing it's not surprising things look good. May lied. We did have a magic money tree it's just that no one that needed it benefited from it.

www.standard.co.uk/news/politics/momentum-set-for-fresh-showdown-in-haringey-poll-as-moderate-councillors-replaced-by-jeremy-corbyn-a3752106.html

Chris Williamson is being sent to speak to Haringey Council on Sunday. Some Labour councillors are very worried about the cost implications of the things they know they're going to be asked to do. Maybe he'll give a rousing speech?

"I mean, fucking heck, what a fantastic achievement. I saw it as an exemplar for this country. I’m not a bloody expert on Venezuela, I’m just inspired by some of the stuff they’ve done."

All the Labour MPs on TV are saying this is a storm in a teacup. I'm not so sure.

That quote Primrose ! If that’s the standard then what will his speech be like?

Peter Capaldi lives in the borough, so perhaps he could attend as Malcolm Tucker and they could have a swear-off.

Seems a popular profanity with some on the far left

It seems a popular word of emphasis with those younger than us too. Doesn't it pop up on Mums net rather a lot?

I have been undecided about renewing my membership with the Labour Party but having more important matters to think on I forgot it was due for renewal this month.

Received a letter with my new membership card from Welsh Labour and thanks for my ongoing support for Welsh Labour .

Conrade Corbyn has said there will not be a second referendum. Len McClusky has said there may be a second referendum. So as split as the Tory party .

Jon Lansman has said there is no place for George Galloway in the LP. Perhaps there will be a bun fight over that too!

Comrade Annie I am sure Jeremy Corbyn will feel overwhelmed to have you onside for another year.

Spot on Anniebach Corbyn hasn't the IQ to run the Labour Party he will be at the behest of the extreme left.

I don't think May has the leadership ability, whatever her IQ, to run the country but I will admit this is just my opinion.

It is a fact though, that she graduated with a second class BA degree in Geography. Now please believe me when I say that does not tell ME anything about how able she will be as a leader of a party but, as you set such great store by qualifications I wonder what it tells you.

And do tell us Wally, your qualifications for deciding about Corbyn's IQ on everyone else's behalf.

I would have thought in any case that having been an MP since 1983 his experience vastly outweigh's TM (1997 onwards).

I can understand how that's a difficult decision for you Annie. You'll know what to do though and whatever you decide will be the right choice. It's such a shame that you've been put in a position where you feel the need to decide.