Pragmatic Moderate Conservative | Views my own.
Joined October 2024
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Struggling sectors should get tax relief that sunsets subject to review.
This is tough for a Labour Chancellor - quietly de-emphasising a manifesto commitment on the youth minimum wage, and something that is v popular on his own side.
But this also reflects the evidence that UK unit labour costs have risen the fastest amongst major economies in recent years, and labour demand in those sectors where the minimum “bites” most (retail & hospitality) have seen the biggest hit.
He won’t get much credit for this, but it does speak to a ChX responding to labour market evidence - which is always better than the alternative!
G Bullz🌳 retweeted
A must read. Britain has a structural problem where the state and central government is sucking the life out of the economy and productive people within it.
I can confirm there are not many net contributors left and those which are, will be increasingly squeezed to plug the gap.
This post goes some way to explaining the dire financial straits the UK is in...
"Britain has almost run out of taxpayers, or at the very least, it’s slowly running out of people who pay enough taxes to plausibly finance the state."
"...in 1998, about 43 per cent of British earners paid sufficient tax to cover the Government’s average per-capita spending. During Covid, that figure fell to an absolute low of circa 20 per cent, then by 2025 recovered modestly to 26.6 per cent."
No wonder if fewer than 27% of people are net contributors to the state
It's stats like this that make me want to leave. Big new project in the US in the next few months might be just the springboard I need
@griffitha @LiamHalligan
open.substack.com/pub/ieains…
G Bullz🌳 retweeted
NEW ARTICLE:
Reform Now Projected to Get Less Than 100 Seats
pollingreport.uk/articles/re…
G Bullz🌳 retweeted
State capital allocation latest.
They need more tax money to pay £190,000 per homeless person.
I earn around £85k a year after a 60% marginal tax rate for reference and I have a place to live.
Apparently the state needs more than double that to house a homeless person.
‘That’s £190,000 per person…’
‘We could buy them all a house!”
@NickFerrariLBC runs the numbers on the government's pledge to end rough sleeping by Christmas.
G Bullz🌳 retweeted
🚨NEW: Household energy bills are forecast to surge by 27% to an average of £2,192 a year from January, according to a new forecast by EDF, one of Britain's biggest energy suppliers
G Bullz🌳 retweeted
Reform are a dying party. They’re also tanking in the polls.
Only the Conservatives under Kemi Badenoch can beat Labour’s Andy Burnham now. We must stop the Labour socialists.
It seems to have been a struggle to find volunteers to fill the room for Reform UK’s pre-Budget announcement today. Watch now on @GBNEWS.
G Bullz🌳 retweeted
Your first job can change your life. But someone has to give you a chance.
Make it easier for businesses to hire young people. Extend employer National Insurance relief to under-25s.
Back NEET Zero. Sign the campaign 👇
G Bullz🌳 retweeted
This post goes some way to explaining the dire financial straits the UK is in...
"Britain has almost run out of taxpayers, or at the very least, it’s slowly running out of people who pay enough taxes to plausibly finance the state."
"...in 1998, about 43 per cent of British earners paid sufficient tax to cover the Government’s average per-capita spending. During Covid, that figure fell to an absolute low of circa 20 per cent, then by 2025 recovered modestly to 26.6 per cent."
No wonder if fewer than 27% of people are net contributors to the state
It's stats like this that make me want to leave. Big new project in the US in the next few months might be just the springboard I need
@griffitha @LiamHalligan
open.substack.com/pub/ieains…
Good times will be back when Labour+Conservatives = 62%+
Reform is like a pound shop Corbyn that could never win.
Suddenly he's on the airwaves everywhere. Ge election incoming👀
Prime Minister Andy Burnham joins Good Morning Britain live in the studio tomorrow morning.
His first 100 days as Prime Minister are nearly behind him, and his first Budget is due next week on Wednesday.
Don’t miss his interview with Susanna Reid and Richard Madeley as they discuss the government’s priorities, the cost of living and much more.
Watch Good Morning Britain live from 6am on ITV1 and ITVX.
G Bullz🌳 retweeted
He did the meme
I suspect this isn’t actually very good data but on the off chance that it is accurate, I will have no sympathy for the Britons who vote for the uniparty and then endure the worst decade they’ve ever experienced between now and 2036. The capital flight will be astounding. You’ll be begging for foreign aid IN rather than dishing it out.
G Bullz🌳 retweeted
£100,000: the point where your personal allowance starts to vanish. Set from April 2010 and never raised since.
Between £100,000 and £125,140 you lose £1 of allowance for every £2 earned. That is a 60% income tax rate, before NI.
Our Alternative Budget abolishes the taper.
G Bullz🌳 retweeted
The UK joining the EU might benefit just over 10% of firms (the ones that export to the EU), but it would harm nearly 90% of firms (the ones that don't export to the EU). We already have a comprehensive free trade agreement with the EU. Let's leave things where they are.