Labour are going to crash the economy/jobs market.

Labour won't be happy until we've all had our homes repossessed, and all living on fuck all universal basic income, in recession, while a certain few live it up at our expense. And I'm not talking about the rich.

I think what you’ll find is happening is the asset stripping that began in the 80s under that old hag is reaching its natural conclusion, we’ve run out of assets to strip. One of the few remains being the NHS, which has been given a stay of execution thanks to Labour winning. Turns out handing over national resources to deregulated private enterprise doesn’t result in better service and trickle down wealth, in case you haven’t traveled by train or passed by any sewage infested waterways recently.

They want business to grow then it seems they are going nothing more than making it harder for them

It would be interesting to see a full list of all companies who have employees on tax credit s or UC.
I suspect part time work avoiding employers NI is partly to blame.

Pre tax credits (if anyone remembers that) overtime was common and was a way of filling a financial hiccup.
Did doorstep loans explode at the same time as tax credits jumped up?

The best way to have a healthy job market is to have less red tape and interference.

Labour PM Ted Heath?

He was a Tory. Fucking hell, how embarrassing.

Making it difficult to fire people is a delicate balance. Workers do need protections. There are already some things you can't hire someone for, and I think there should maybe protections around workers social and political views to a greater degree than there is.

But, when you make it too hard to get rid of bad workers, employers respond by hiring fewer people, or in many cases by hiring temporary workers or contract workers so they are not tied to a person who is lazy or a troublemaker.

I saw an interview with a lady once talking about how difficult it was to fire someone in her country - you pretty much couldn't. She said it was a major problem for businesses there. You do see that in places where it can be so much work to fire people it's a huge effort - you get a high percentage of workers who coast. My sister used to work at a place (kind of a civil service type organization) where it was so difficult to fire anyone they would either a) offer them a big severance package (usually the higher ups) or b) stick them in a not-real position and try and make their lives miserable (more low level people typically.)

I do get the sense at the moment some of the proposals aren't realistic. The stuff about the right to WFH strikes me as odd too - of course people can try and negotiate this, but presumably a person who hires you gets to define what the job you are being hired to do is? They don't need to pay someone to work in a way they don't think is best?

I thought it had already crashed hadn’t it?

Yep, same here. Young, old, lots are struggling to find a new job.

How did Brexit affect it ?

I know quite a few young graduates who can’t find work. They were unemployed before the GE. Especially IT ones.

Also makes them look both greedy and naive. Again, not a triviality.

Not a triviality at all, much as you would like
it brushed under the carpet. It corrodes trust in the government and feeds into a damaging one rule for them and one for us narrative which is very difficult for the new government to eliminate and explains why they are now spinning so hard to try to undo some of that damage.

It's not just been "found". It's been well documented and analysed ever since Brexit. In fact, it was forecast surprisingly accurately beforehand. Hardly new information to anybody with a basic grip on economics.

Oh dear the doom and gloom! Now 40 billion gap found?? Fuck sake and this is open for business Britain?? Anymore doom and gloom?

Again, a complete triviality in terms of the piblic finances and economy and what needs to happen to fix them.

Police escorts and MPs expenses blah blah blah. Why do people get hung up on such nonsense that amounts to an insignificant rounding error at most and ignore the actual economic issues that need to be fixed and are making them poorer?

I agree.

A minor royal (Sophie?) had massive police protection- when a motorcyclist outrider killed an 89 year old. Surely, a mega-star who had to cancel the week before due to terrorist threats would need heightened security.

What doesn’t? I’m not glossing over anything. There was a terrorist threat real enough to cancel a concert the week before. She had a police escort in other cities earlier in the tour anyway. So have other artists in the past. The tour was brilliant for the economy.
I don’t believe you really think Starmer was given tickets in exchange for some police security. It boggles my mind that you might for even a millisecond think that made any kind of sense.

@Belle96 did you quote the wrong person or misunderstand my post? The post you quoted was pointing out the utter lunacy of proposing to raise employers' NI if they wish for there to be economic growth. My other posts on the thread also specifically state the need for there to be significantly more support for SMEs. What is it you think I "don't understand"?

Mmm, didn’t the Tories already do that?

Is it normal? You can gloss over it all you want but It doesn’t look good does it?

I have such mixed feelings at the minute. I really want an economy where people are paid a living wage and treated with dignity. Equally I'm concerned that employment rights from day 1 will lead the usual pisstakers to find every loophole imaginable. I can't help thinking employers simply won't take people on.

It's worse than that. It's 4% of GDP. £124bn per year currently of GDP lost. The overall tax rate for the UK economy is 35.3% so that is nearly £44bn of lost tax revenue just this year as a result of Brexit. Getting higher year after year.

Makes Rachel's moaning about her alleged £22bn black hole look rather stupid, doesn't it, when she and her colleagues are doing nothing to rectify this.

For context £44bn is significantly in excess of the entire amount spent on primary and early years education every year. If not for Brexit, this could be doubled.

Or, it is not far from the entire defence budget. That could be doubled.

Or, we could just distribute this money across public services to make most of them function to an acceptable level and not tax people to death instead.

"Tough choices"? Nonsense. They refuse the very obvious solutions staring them in the face and expect us to all welcome lower living standards to protect their ideological and ridiculous refusals to make rational choices, just like the last lot.

This government is turning into an absolute shit show.

This 💯 and more

I have my own very small business that heavily relies on the public spending their money, its already started to slow with the rumblings that have happened and the increases to keep my lovely 6 members off staff on would undoubtedly mean I would have to dissolve.
This is 9 years in the making and building to what was a lovely business and livelihood for my staff.
I do unfortunately worry about what Labour will bring in as this will take away a living for at least 7 families

That might mean nothing to you but that's 6 families I now have to start trying to plan for this not to happen for when I need to also ensure my own will get through this tough period

And just to add, when you advertise a salary which most people think is OK and will work for, there is atleast and extra 1k cost for the business to find to pay which ultimately has to be passed on to the customer. Yes the wages show the deductions on the payslip but the business has to generate enough work to then cover this and then more, let's not even bring in corporation tax and VAT costs. I suggest you educate yourself more on these percentages.

It's loose loose for small businesses, and this will almost certainly kill off quite a lot.