UK Economy Bounces Back

GrannyGravy13

vegansrock

This is why a windfall tax has been called for- but oh no, got to protect the shareholders.

Not just shareholders, millions if not billions of pension funds both private and company are invested in utilities.

Not sure if making pensioners suffer twice is a good thing?

I'm sorry, but I don't see how a windfall tax on excessive profits is going to hit shareholders (a group which includes the pension fund investors). I'm sure that the energy companies will have more than enough left after tax to pay their normal dividends.

Of course, it is worth remembering that investing in any private company is something of a lottery, dividend is (or should be) dependent on performance and what is left after taxation. Investors cannot expect to rely on good returns year after year after year.

Ooh I hope so Josieann! Be great. For holidaymakers. And importers. But not exporters.

We import more than we export….

So isn’t that A Good Thing for the UK economy?

No

* I mean with the exchange rates (natch) not the fact that we import more.

Why are comments unbiased if the reader believes them but biased if they don’t?

One of life’s mysteries indeed MayBee.

www.theguardian.com/politics/2022/feb/11/uk-exports-to-eu-fell-by-20bn-last-year-new-ons-data-shows?CMP=Share_iOSApp_Other
U.K. exports to EU fell by 20bn last year not great news

Urmstongran

So isn’t that A Good Thing for the UK economy?

No!

"UK on course for weakest growth in rich world in 2023 despite rapid bounceback from Covid recession"

inews.co.uk/news/politics/economy-uk-weakest-growth-rich-world-2023-bounceback-covid-recession-1456034

One reason for the foreseen slowdown will be the lack of disposable income as people try to cope with the cost of living rises.

Urmstongran

This thread won’t last long. There’s not enough bad news to feast on. The UK doing well? ?

Time for you to throw some fresh meat out there ?
Be kind, give them something to gnaw on.
I’m reminded of Monty Python ( again)
^When chewing on life’s gristle, just give a little whistle^?

What kind of profit is Specsavers making?

It wouldn't surprise me if they're doing really well.

We need not worry about the future. Kier Starmer has just told us that his 'contract with the British people will build a new Britain which guarantees families, businesses and pensioners the security, prosperity and respect they deserve.' No ifs and buts or Ts & Cs, future guaranteed! I will sleep easy in my bed now.

I’d certainly sleep a lot easier in my bed.

Cunco

We need not worry about the future. Kier Starmer has just told us that his 'contract with the British people will build a new Britain which guarantees families, businesses and pensioners the security, prosperity and respect they deserve.' No ifs and buts or Ts & Cs, future guaranteed! I will sleep easy in my bed now.

Keir ( just saying….)

So where will he get the money for all this?

Germanshepherdsmum

So where will he get the money for all this?

The same place that the Tories got £37billion.

Labour would bankrupt the country. Angela Rayner the Deputy Leader who left school with no qualifications God forgive if she had any say in how the country was run and the memorable photo shoot of Rayner and Starmer kneeling for BLM bet that went down with the silent majority not. Do you remember the last time Labour were in charge there's no money left note.

Labour would indeed bankrupt the country. They have form.

My goodness maudi what a horrendous thing to say rather someone with no qualifications who went to a state school than a lying, conniving, Etonian who will ruin the country for his own importance and greed You ve just written off so many people including the BIG businessmen like Richard Branson , lord sugar etc etc
But what else would we expect

That is a myth put out by the Tories. Once this established propaganda is understood for what it is, the voter will begin to understand the facts.

In fact the economy performs no better under the Tories than Labour, and by some measurements it performs much better.

All I can say is Yipee!

Shame that most people will not be able to afford to enjoy it !
Having to struggle for some people to put even the basics of food on the table or even pay for utilities so they can afford to have heating on for more than a couple of hours a day or even electricity or gas to cook meals, I am sure that they will be absolutely thrilled at the news !

Well the Tories can dish out billions to their chums, spend on vanity projects and expensive lunches, diminished the economy by their disastrous Brexit, lied and failed to fulfil their promises- yet they are “trusted”. Some people really have drunk the kool aid.