There is no more money

[Cowabunga]

Well its happening so like it or lump it, you could always emigrate.

I'm not going to emigrate but I will know who to blame.

 

[Grassman]

You are very much mistaken there and they have never been as relatively better off than they are today. Having inflation beating pension increases for many many years now, while many workers wages have stagnated for years at well below living cost increases.
Those are facts.

Yes a lot of pensioners are better off than other sectors.

 

[Cowabunga]

I wasn't a get out voter or stay in voter. Mainly because I could see drawbacks and benefits for either choice.
But since the out vote I'm happy to go along with it. However I'm extremely disappointed with the EU's attitude and efforts to make it a failure.

Did you really think that they would give favourable terms to an arrogant country that wanted out of the advantages that the club provided? If so, you were extremely naive, even though I and others pointed out the near certainty of this being so.
Perhaps you listened to the blithering fools who claimed that Europe had more to lose than we do, and therefore would cow-tow to our every whim favourably and obligingly?
They cannot possibly let the UK have as favourable terms out than we had in. Not by a country mile.

 

[Cowabunga]

Yes a lot of pensioners are better off than other sectors.

Hilly shows himself to be way out of touch with reality. I'm amazed at the pensions my parents get. It wouldn't pay a mortgage off but for general living expenses they are actually living off it quite well. Not extravagantly, but well.

 

[Martin Holden]

Interest rates need to rise to rein in peoples carefree spending, joe publics so heavily borrowed that interest rates cannot rise because half the population would go to the wall but it needs to happen

For sure I agree that if/when interest rates rise many would be caught badly. The car market is a false one created by PCP deals. Without these, the car market would be substantially smaller than it is right now. Land values, are in some places crazy. Sure it’s a non growing asset as landmass isn’t increasing (as an island much is falling into the sea in fact) but borrowing against predicted land values carries risk. UK farming has to survive otherwise the countryside would become a wilderness. I really can’t see any government allowing that to happen. Maybe all farming subsidies should be removed, then normal market forces would come into play surely. The big retailers are having to (or if they haven’t, they should) review their models. Increased on line sales and home deliveries means less “sheds that no public visits today). The revolution is on going. Look at any high street!

 

[Hilly]

You are very much mistaken there and they have never been as relatively better off than they are today. Having inflation beating pension increases for many many years now, while many workers wages have stagnated for years at well below living cost increases.
Those are facts.

Would you be happy retiring on nothing but the old age pension to live on ?

 

[Hilly]

Yes a lot of pensioners are better off than other sectors.

Aye the ones with a big private pension but thats it.

 

[Werzle]

To many things being propped up with a sticking plaster mentality. Interest rates should have been upped at a quarter % at each of the last 3 bank of england meetings to frighten people into steadying up there spending . With all the new houses going up i think house prices are going to fall which will knacker a few with the negative equity problem. The country will go bang at some point because people do not learn the lessons of the past. The sooner farmers learn to survive without subs the better ,even if it means some going bust.

 

[Hilly]

Hilly shows himself to be way out of touch with reality. I'm amazed at the pensions my parents get. It wouldn't pay a mortgage off but for general living expenses they are actually living off it quite well. Not extravagantly, but well.

125 week good ? wtf do you smoke in wales ? dried sheep sh!t.

 

[Cowabunga]

Would you be happy retiring on nothing but the old age pension to live on ?

That is a choice I choose not to make and have several other pensions. My parents have modest supplementary private pensions as well, nothing spectacular, which they actually don't spend. Or not on themselves..
Their State pension is £600 each every three weeks including attendance allowance but excluding Winter fuel allowance. Not £375, which is three weeks worth of your £125/week. Each.

 

[yellow belly]

Every one wants every thing to be certain and all answers known
In or out we would not have all the answers

The Eu has never agreed anything till after the deadline for any treaty to for any one to expect brexit to be any different is such a state of delusion they have not learnt from the last 40 years of history

 

[Hilly]

That is a choice I choose not to make and have several other pensions. My parents have modest supplementary private pensions as well, nothing spectacular, which they actually don't spend. Or not on themselves..
Their State pension is £600 each every three weeks including attendance allowance but excluding Winter fuel allowance.

That is a choice I choose not to make and have several other pensions. My parents have modest supplementary private pensions as well, nothing spectacular, which they actually don't spend. Or not on themselves..
Their State pension is £600 each every three weeks including attendance allowance but excluding Winter fuel allowance. Not £375, which is three weeks worth of your £125/week. Each.

If they have 50 years of contributing to the system they deserve double that, IF governments had managed uk better they could easily have had double and more.

 

[Hilly]

That's likely to be the only thing that will save us. The Pound in your pocket falling to be worth 10p or less. It would make imports hellish expensive and lower every man-jack's standard of living even more than it has so far [for the same reason and lower growth].

Clearing of debt? Sounds odd when the high street retailers and restaurants are in such deep sh!t and closing their doors daily. People are generally not spending, which means reduced turnover and profit warnings and administrations all round.

A bit of inflation would indeed help devalue debt, as long as interest payments could be maintained, which is a dodgy assumption to make, even in agriculture with its relatively low [but fragile] debt to equity ratios.

It amazes me that farmers locally are once again the driving force in land sales meeting and exceeding 10,000/acre. This has nothing to do with inheritance tax relief . There is certainly some confidence out there. The question being, how are they and their banks risk-assessing these massive purchases?

Imports will get too a value that making/producing things here will be attractive again, massive plus to be had out of that.

Restaurants, well too many anyway too many badly ran , retail ? rent rates internet changing the way they trade, change or die same for everything everyone , if not you would be making a living off a British Frisian filling a churn or 3 a day.

Farmers buying land ? always have always will its what they do, ive aint ever came across one who has regretted buying land, ive heard plenty regretting not buying or not buying more.

 

[marcusthehat]

To go back to the op
"there is no more money"
So why are the Government bailing out our wildly inefficient, wasteful NHS
Instead of actually making it work, which will involve not-undeserved pain* for some employees, and at all levels.
"he who pays the Danegeld, will never be rid of the Dane"
We are simply being blackmailed by the NHS.
*like running expensive operating theaters, and highly paid Consultants, at least 7 days a week, if not 24/7, i,e. sweat those assets.
And attend to the inordinate number of lead-swinging "sick" staff.
mth

 

[Hilly]

To go back to the op
"there is no more money"
So why are the Government bailing out our wildly inefficient, wasteful NHS
Instead of actually making it work, which will involve not-undeserved pain* for some employees, and at all levels.
"he who pays the Danegeld, will never be rid of the Dane"
We are simply being blackmailed by the NHS.
*like running expensive operating theaters, and highly paid Consultants, at least 7 days a week, if not 24/7, i,e. sweat those assets.
And attend to the inordinate number of lead-swinging "sick" staff.
mth

I agree, the nhs is a run away train as far as money is concerned, you could give them a money printing machine and they still wouldnt have enough.

 

[Cowabunga]

If they have 50 years of contributing to the system they deserve double that, IF governments had managed uk better they could easily have had double and more.

If auntie had balls she'd be uncle.

 

[Farmer_Joe]

I wasn't a get out voter or stay in voter. Mainly because I could see drawbacks and benefits for either choice.
But since the out vote I'm happy to go along with it. However I'm extremely disappointed with the EU's attitude and efforts to make it a failure.

completely agree with this they are behaving like petulant children, which is another reason i think we are better off out. there was a great article on the bbc from a billionaire tycoon from the eu who said the eu should be something people want to join:

"In the meantime, the EU needs to transform itself into an association which nations like Britain would want to join."

its a shame really as said if they did some rapid reform perhaps we could stay, i cant see them reforming (just on principle not cos they cant) which is a shame as if they did i would like to stay...but thats the problem 'they' know best does not seem very democratic.

https://www.bbc.co.uk/news/uk-politics-44292870

 

[Werzle]

I agree, the nhs is a run away train as far as money is concerned, you could give them a money printing machine and they still wouldnt have enough.

Managers have wasted hundreds of millions in the nhs and building contracters seem to be allowed to add millions to work that they tendered for with no penalties . The nhs is always going to be underfunded i agree because of new developments in treatments.

 

[Jackov Altraids]

And what exactly would we be voting for?

To accept the deal or ...

A reply is noticeable by its absence..... @Courier

 

[Hindsight]

Aye the ones with a big private pension but thats it.

But many folk have good pensions - anyone who has worked in the public sector is doing OK. My neighbours are just into 60s both retired teachers with full pension having 30 years service. Local to me 55 year old Policeman - on a good crack pension and gone back part time to police service. I could go on. Are you taking the micky out of us pretending that all pensioners manage on the state pension - there are many but many more that get tops ups. Hey ho.