to ask how you would stop companies and investors leaving the UK?

He halved inflation?? he oversaw it going to 11% ! Now much of that was out of his hands, just as the falls were, let be honest here, the PM doesn't control the oil price.

He gave away tax payers money with no checks or balances, various reports have backed this up but i agree on furlough

High G7 growth was for one Q only, he also gave us 2 Q's of negative growth.

No idea if he is honourable or not, though he did get fined for breaking the law.....

However, despite all of that, he was head and shoulders above Truss and Bojo and was the best we could have had at the time.

I understand that, but when infection rates rose again the rhetoric was people had been too quick to go out and mingle. The messaging was we need heavy lockdown because you irresponsible people went crazy with the going out over summer. It was a very confusing time.

I remember job market was white hot in Sunak's time, we were struggling to find people despite huge packages on offer. How quickly this all changed with Labour coming in.

And imagine Sunak suggesting PIP reform like Labour did?

Rwanda deterrent scheme caused outcry, didn't small boats peaked in numbers this year?

ETA: this all is still irrelevant. This thread was about how we can stop investors leaving. Conclusion is we shouldn't try, we don't need them. Labour will sort our lives out.

Eat out to help out did help the restaurant industry for a bit. It needed to be done. We shouldn't have kept the lockdown forever.

PPE was done in an emergency and rushed. The business support loans were also rushed due to the emergency. He saved people with furlough.

Disability benefits going up, mean we are taking care of the less fortunate? France needs to cooperate. He halved inflation and left the country the fasting growing economy in the G7.

I feel as Chancellor Sunak was top notch. As PM he inherited a sinking ship and wasn't as pro green as I would have liked. He was definitely an honourable man driven to do this best

On Eat out to help out? PPE contracts? Business support loans given out without any checks? fraudulent loans written off?

A failure to bring down Gilt yields, despite 3 years to do so....from the trebling that Truss gave us....

A Technical Recession during his time as PM...

He also oversaw a massive growth in disability benefits & cross channel migration almost zero in 2020, rising to 44k in 2022/23..... still yet to be "beaten"

Stunning!!!

Agree and more so than Starmer and Reeves.

Sunak was very competent

I'm not the making incorrect claims & posting links that oppose your pov, & ones you clearly haven't read.. you are.

We are in this mess due to tory incompetence, it did not happen over night, Sunak proved himself incompetent, though less than Truss but thats hardly a vote of confidence.

Numbers of the wealthy leaving the UK shot up after Brexit.

BUT the UK still has huge numbers of the wealthy staying here, still is a highly attractive place to invest, still no 1 in Europe.

Reeves plans some deregulation of the 'City, thats over due but will need to be done with care, Labour also have an industrial strategy or will have & a deal with the US, having an improved one with EU will help FDI.

Is this all you have to say on this topic? that Tory were bad? yes they were.

I still believe the last batch of them with Rishi were substantially better than current lot but we are entitled to our opinions.

Do you have any suggestions on the question OP asked? or do you believe it's non-issue?

I'd suggest you read your link....

A quarterly drop doesn't doesn't affect the over year on year trend.

The Tories massively increased our debt, no serious commentator says otherwise.

Public borrowing was falling nicely
UK government borrowing at 11-year low - BBC News

Debt wasn’t falling in 2015.

Are they worried about the next mayor?

We did the digital services tax first as well. Other countries started to copy it which is why there is now considerable push back - the UK tax only comes to about a billion which is small beans to big tech companies. But other countries doing the same is a bad sign if you are a large company that doesn't want to pay tax.

The global minimum tax is a good idea but it requires large countries in particular to hold the line. If the wrong parties get in (not naming names) they can disrupt this.

I actually think the next decade or so is.going to matter a lot.

Well, the point is that Labour had a global financial crash to deal with, a collapse of retail banking would have been horrendous for us all, but with support from the Tories at the time, Brown dealt with it.

There was no such crisis between 2010 and 2020.

If debt was falling again in 2015, that was the time to ease Austerity, instead they continued it.... debt went back up again

Brexit was a Tory policy decision, if it helped wreck our finances, its down to them, hough to be 30 to 40 billion per year.

Then there is Truss.... that cost the UK billions, increasing QA adding o interest rates and trebling Gil yields and hence deb costs.

No Labour are not amazing but the country was a lot more stable and generally speaking a nicer place to live than it is now..... not all on the Tories but they had a massive negative effect.

Agree and with @OldLondonDad

...and what happened in the 2 years prior to 2010?

Debt went from 35% of GDP to 65% of GDP. Under Labour.

So:

• 2 years under Labour to go from 35% to 65%, a 30% increase
• 10 years under Conservatives (and LD for part) to go from 65% to 88%, a 23% increase (and it peaked in 2015 and was on it's way down)

Oh yeah, Labour are so amazing aren't they?

Debating increases in debt without considering major external factors like the 2008 financial crash, Brexit, or Covid is pointless. Those are the main things that have driven increase in debt, not some individual politician or even whole party's beliefs.

It is concerning to me that Labour, and many posters on this thread, seem to think that "the rich" are just going to keep paying more and more to support the less well off, especially when many of those are just not even trying.

Fully agree. This needs saying more and more.

The UK is where it is now because successive governments have solely catered to the crabs in a barrel segment of our population. It’s time the focus was put back on the voices of the middle class.

No country in history has done well off the back of following the lead of the underclass (most of the loudest permanently aggrieved class take more than they contribute to the economy). They won’t be happy until the whole country resembles Jaywick.

The government needs to stop listening to their cries of ‘sneering’ and cater to people who actually contribute and are raising kids who will also contribute.

Businesses moved to China, India etc decades ago because you as a customer would rather buy a t-shirt for £10 than for £50 that it would cost to produce it here.

I don't suggest NE to move continents, please don't twist my words, but there are plenty of vacancies in the UK, and not only in London.

When a business decides on location some of the most critical considerations are political regime, tax regime and quality of workforce. Oxbridge belt attracts the best scientist in the world not because of some special water there but because of concentration of likeminded people, it's a self fulfilling cycle.

No business will voluntarily move operations which require highly skilled labour (means high paying jobs) to an area where there is no such labour and people just sit bitter about their lives and wait for wealthy to give them something.

ETA:
@JE001
I wish wealthy corporations and individuals were taxed a little more to spread the nation's assets a bit further
it's only about spreading, right? nothing about actually trying to do something yourself?

Dunno about hating the rich - some sure do hate the poor.

It's down to the wealthy that the NE is so deprived. Whole industries closed down because it was cheaper to make the products overseas. So the wealthy pay people in China, India etc a stupidly low wage so they can increase their already huge profits, and remove tens of thousands of jobs from a region, and your suggestion is that people should just move continents?

what did these communities do to help themselves? or they just wait for redistribution?
if it's so bad there, why don't people move elsewhere to get better jobs? this country hate migrants who move countries and continents to get better life.

Corporation tax is on profit not revenue.

They'll be paying VAT on revenue and employers NIC on wages and business rates on premises and fuel duty on their delivery vans.

You cant have different minimum wage rates for different types of employer!

That's another option for how this could pan out, but I think we would need to reach financial ruin before we rejoin the EU.