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Labour isn't working - Thread 15

1000 replies

TheNuthatch · 26/10/2025 09:59

A chat thread for those who don't like this Labour government.

The problem with socialism is that you eventually run out of other people's money.

Previous thread
https://www.mumsnet.com/talk/_chat/5430868-labour-isnt-working-thread-14?utm_campaign=thread&utm_medium=share

OP posts:
Thread gallery
26
upseedaisee · 28/10/2025 07:57

Nolletimiere · 27/10/2025 14:56

Yes, but I am not sure they will give two shits.

Let’s say you are an elderly ‘asset rich, cash poor’ person who cannot find the xx thousand per annum, they will probably place a first charge on your home. This is HMRC we are talking about.

If you are leveraged meanwhile, because you bought post-pandemic on a high multiple, you run the risk of breaching covenants - if there is a correction at that level.

Look at the YTD performance of listed estate agents and some house builders.

Once again, Labour don’t care about the negative impact they have on people.

ThIs is where I can see expropriation in action. Can't pay your Government housing tax annual bill? we'll have your house instead, no, no, no don't worry, it will cover the bill for all the other years you've had the temerity to enjoy your own home. Ga!

EasternStandard · 28/10/2025 08:12

Upstartled · 28/10/2025 07:56

I listen to a lot of news while I have my headphones on and cooking/ tidying. It has the effect that I can just be quietly doing my thing to full mid-air rant from nowhere. It keeps the family on their toes.

Edited

😂 very good.

I’m a simple fuck off to Labour person on radio so I need to watch out for dc first

If I keep listening, not many make it through

upseedaisee · 28/10/2025 08:23

The OBR previously assumed a partial bounce back in productivity growth, but it has never materialised.
This productivity assumption is essential to long-term growth prospects and so, under the current system, even a fraction of a percentage point change can alter how much money a Budget needs to raise by several billion pounds.
The OBR is understood to have downgraded this by 0.3 percentage points - a figure first reported by the Financial Times - bringing its assumption closer to that of the Bank of England.
The Institute for Fiscal Studies think-tank has calculated that for every 0.1 percentage point downgrade in the productivity forecast, public sector net borrowing would increase by £7bn in 2029-30 - meaning a 0.3 point cut could add £21bn to the Budget hole.
The changes open up an initial gap of some £20bn, rather than the £10-£14bn widely anticipated.
Such a hole could be plugged by hiking taxes, reducing public spending or increasing government borrowing.
Reeves admitted on Monday to business leaders in Saudi Arabia that the OBR was "likely to downgrade productivity" which has been "very poor since the financial crisis and Brexit".

Bloody hell. Now she's blaming historical incidences for her ineptitude. A FABL moment if ever there was one.
This budget is going to be painful.

OBR productivity forecast may add £20bn to Budget hole - BBC News

Rachel Reeves dressed in a navy blue suit jacket gives a half-smile

OBR productivity forecast may add £20bn to Budget hole

The OBR is understood to have downgraded the UK's productivity level in early Budget forecasts

https://www.bbc.co.uk/news/articles/c0rpve82jxvo

Interested in this thread?

Then you might like threads about this subject:

EasternStandard · 28/10/2025 08:24

upseedaisee · 28/10/2025 08:23

The OBR previously assumed a partial bounce back in productivity growth, but it has never materialised.
This productivity assumption is essential to long-term growth prospects and so, under the current system, even a fraction of a percentage point change can alter how much money a Budget needs to raise by several billion pounds.
The OBR is understood to have downgraded this by 0.3 percentage points - a figure first reported by the Financial Times - bringing its assumption closer to that of the Bank of England.
The Institute for Fiscal Studies think-tank has calculated that for every 0.1 percentage point downgrade in the productivity forecast, public sector net borrowing would increase by £7bn in 2029-30 - meaning a 0.3 point cut could add £21bn to the Budget hole.
The changes open up an initial gap of some £20bn, rather than the £10-£14bn widely anticipated.
Such a hole could be plugged by hiking taxes, reducing public spending or increasing government borrowing.
Reeves admitted on Monday to business leaders in Saudi Arabia that the OBR was "likely to downgrade productivity" which has been "very poor since the financial crisis and Brexit".

Bloody hell. Now she's blaming historical incidences for her ineptitude. A FABL moment if ever there was one.
This budget is going to be painful.

OBR productivity forecast may add £20bn to Budget hole - BBC News

Edited

She’s a gaslighting liar, it’s unbearable.

Upstartled · 28/10/2025 08:24

upseedaisee · 28/10/2025 07:57

ThIs is where I can see expropriation in action. Can't pay your Government housing tax annual bill? we'll have your house instead, no, no, no don't worry, it will cover the bill for all the other years you've had the temerity to enjoy your own home. Ga!

This would be dreadful, I hope they have a better plan in place than this.

AbsentosaurusRex · 28/10/2025 08:24

Legolava · 28/10/2025 07:12

I am glad of this thread. I had no intention of voting Labour at the GE and did not, As a teacher, I value education. Taxing the only tool of levelling up is spiteful and harmful to working class children, I’ll never forgive them for it. As a swing voter, I’ll never vote for them again. Genuinely, I don’t know how any educational professional can support this. It’s a shocking attack on social mobility dressed up as fairness. In my area, the local private school has stopped out reach work, This has actively harmed white, working class children. That’s relevant because the government’s own research shows that this has now become the most underachieving cohort. Again, unforgivable that opportunity to level up has been ripped away through spite. Yet, the people most impacted think it’s a win. Punishing the rich eh?

I am also sick of seeing how much is going on welfare and being gaslit into being told: DLA/PIP fraud does not exist. Generations of benefit claimants are vanishingly rare. Rubbish. I see it daily. That does not make me a Tory bot or Shill. In fact, the underachieving of white, working class children has been linked to: lack of of parental engagement and aspiration. Poverty and home life play a role. Yet, I’ll see all these parents turn up with the latest trainers, hair, nails, lashes and filler, new tattoos and expensive thermal mugs etc. Then you get the request to fill out the DLA form. It’s why I’m against the abolition of the two child cap. I see families coining off huge amounts, it doesn’t go the children. These are serial benefits claimants with no aspiration for their children. Just claim benefits. I have had children tell me that school is pointless as they don’t need a job. Again, not rubbish, this is my daily life.

The curriculum and system isn’t for for purpose, it is also failing these children. Yet, teachers can only do so much as funding is so poor. This is going to get much worse whilst the private sector is suffering because of Labour policy. As a public sector worker, I’m often shunned for my support of the private sector. However, that is the magic money tree, we don’t get funded via fresh air.

I am now experiencing extreme violence daily and the situation is getting worse. Every chance these children had of levelling up and scoring a lucky break are being destroyed, one by one.

I agree with everything you’ve said. As a person from a ‘wc’ (whatever that means, to quote PC) background in the North, the comprehensive school I went to back then was bad enough. And that was before knife crime and phones. The teachers were great, but it was everything else. Now it must be a lot worse, which is depressing. And it sounds horrendous for you. And for the kids who are lumbered with this for life. They’ll then have more kids just like them etc.

I got out (though I didn’t have any idea if it all then of course, it’s all I knew), because actually my parents were supportive and intelligent, and the school classes were setted. About 90pc kids at the school went into manual labour / shop jobs. They are critical jobs too obviously. I think these days they’d probably not go into jobs at all. When I had children I vowed they’d never go to a school like that. In fact they go private because there’s no decent grammar or other decent school anywhere near us.

Given that education is the foundation of the future, it’s hideous that gvts are not funding it effectively. And thus gvt as you say - removing aspiration, removing the ability to / option for a better education. Out of spite - incoherent policy.

And yes where you say ‘This is going to get much worse whilst the private sector is suffering because of Labour policy. As a public sector worker, I’m often shunned for my support of the private sector. However, that is the magic money tree, we don’t get funded via fresh air’ - Sadly most people just don’t realise that if the private sector and wealth is punished - the poorer and ‘wc’ are punished too.

God. 4 more years. 🤯

AbsentosaurusRex · 28/10/2025 08:26

upseedaisee · 28/10/2025 08:23

The OBR previously assumed a partial bounce back in productivity growth, but it has never materialised.
This productivity assumption is essential to long-term growth prospects and so, under the current system, even a fraction of a percentage point change can alter how much money a Budget needs to raise by several billion pounds.
The OBR is understood to have downgraded this by 0.3 percentage points - a figure first reported by the Financial Times - bringing its assumption closer to that of the Bank of England.
The Institute for Fiscal Studies think-tank has calculated that for every 0.1 percentage point downgrade in the productivity forecast, public sector net borrowing would increase by £7bn in 2029-30 - meaning a 0.3 point cut could add £21bn to the Budget hole.
The changes open up an initial gap of some £20bn, rather than the £10-£14bn widely anticipated.
Such a hole could be plugged by hiking taxes, reducing public spending or increasing government borrowing.
Reeves admitted on Monday to business leaders in Saudi Arabia that the OBR was "likely to downgrade productivity" which has been "very poor since the financial crisis and Brexit".

Bloody hell. Now she's blaming historical incidences for her ineptitude. A FABL moment if ever there was one.
This budget is going to be painful.

OBR productivity forecast may add £20bn to Budget hole - BBC News

Edited

Omg. Could she BE anymore FABL? 🤢

AbsentosaurusRex · 28/10/2025 08:28

EasternStandard · 28/10/2025 08:12

😂 very good.

I’m a simple fuck off to Labour person on radio so I need to watch out for dc first

If I keep listening, not many make it through

We don’t have terrestrial tv and I only listen to music and now - the very odd podcast. All my info is from reading online.

I honestly can’t bear to watch / hear / listen to the voices of these fcking FABLs.

AbsentosaurusRex · 28/10/2025 08:29

Upstartled · 28/10/2025 08:24

This would be dreadful, I hope they have a better plan in place than this.

If you were a betting woman..?

NoWordForFluffy · 28/10/2025 08:30

AbsentosaurusRex · 28/10/2025 08:29

If you were a betting woman..?

I'd bet they'd find something even worse!

AbsentosaurusRex · 28/10/2025 08:32

NoWordForFluffy · 28/10/2025 08:30

I'd bet they'd find something even worse!

🤯 you’re right

strawberrybubblegum · 28/10/2025 08:38

AbsentosaurusRex · 28/10/2025 08:32

🤯 you’re right

And all the jealous fuckwits will be saying "well if she can't afford to 'pay her fair share' for me to pocket, then she'll just have to rent like the rest of us"

God I hate that entitled, gas-lighting, ignorant phrase.

Upstartled · 28/10/2025 08:39

I wonder if we are still in that phase were they keep floating lots of crazy ideas so that the actual budget doesn't seem too out there or if we are in the drilling down on what will float phase?

It's hard to see how some of this stuff could be workable or even desirable for a party who has its most ardent supporters in the areas with the greatest property wealth.

Rivalled · 28/10/2025 08:41

Yes, we have faced constant speculation due to the long time til the budget and the certainly of having another gap to fill.

it’s a good teachable moment for children about taking responsibility - Labour should have been making the case last year for financial crisis, brexit, not once they’ve failed to act decisively, failed to deliver planned cuts and made the situation worse / that’s not how you build credibility.

upseedaisee · 28/10/2025 08:45

Upstartled · 28/10/2025 08:39

I wonder if we are still in that phase were they keep floating lots of crazy ideas so that the actual budget doesn't seem too out there or if we are in the drilling down on what will float phase?

It's hard to see how some of this stuff could be workable or even desirable for a party who has its most ardent supporters in the areas with the greatest property wealth.

It feels like a case of throwing ideas out to see which ones get the least attention and we'll go with that, at the moment.
I think we've all done to death what she will do and I'll be very surprised if at least some of the ideas won't surface.

strawberrybubblegum · 28/10/2025 08:48

Upstartled · 28/10/2025 08:39

I wonder if we are still in that phase were they keep floating lots of crazy ideas so that the actual budget doesn't seem too out there or if we are in the drilling down on what will float phase?

It's hard to see how some of this stuff could be workable or even desirable for a party who has its most ardent supporters in the areas with the greatest property wealth.

The initial threshold of the property tax will have been carefully chosen. The London liberal elite still mostly have houses under the £2million threshold. (or not too far above - so it won't bite too hard since it isn't a cliff-edge)

Of course, in 10 years time - with 4% inflation eroding an unchanged threshold - then even without any real-terms house price growth that becomes the equivalent of £1.3 million now, which really is a lot of professional London and the SE. It's a carefully aimed time- bomb.

EasternStandard · 28/10/2025 08:48

I wonder if they read this thread and say that’s a triple expletive level back to drawing board.

They may as well given the competence and insight they’re working with.

upseedaisee · 28/10/2025 08:56

AbsentosaurusRex · 28/10/2025 08:24

I agree with everything you’ve said. As a person from a ‘wc’ (whatever that means, to quote PC) background in the North, the comprehensive school I went to back then was bad enough. And that was before knife crime and phones. The teachers were great, but it was everything else. Now it must be a lot worse, which is depressing. And it sounds horrendous for you. And for the kids who are lumbered with this for life. They’ll then have more kids just like them etc.

I got out (though I didn’t have any idea if it all then of course, it’s all I knew), because actually my parents were supportive and intelligent, and the school classes were setted. About 90pc kids at the school went into manual labour / shop jobs. They are critical jobs too obviously. I think these days they’d probably not go into jobs at all. When I had children I vowed they’d never go to a school like that. In fact they go private because there’s no decent grammar or other decent school anywhere near us.

Given that education is the foundation of the future, it’s hideous that gvts are not funding it effectively. And thus gvt as you say - removing aspiration, removing the ability to / option for a better education. Out of spite - incoherent policy.

And yes where you say ‘This is going to get much worse whilst the private sector is suffering because of Labour policy. As a public sector worker, I’m often shunned for my support of the private sector. However, that is the magic money tree, we don’t get funded via fresh air’ - Sadly most people just don’t realise that if the private sector and wealth is punished - the poorer and ‘wc’ are punished too.

God. 4 more years. 🤯

I live in what is described as a deprived area of the West Midlands. It's a sobering experience being on a bus these days. Everyone under 60 and over 1 has their eyes on a phone. Small children in prams watching some shit on a phone because their mother is doomscrolling. It's enough to make you weep.
Then we wonder why these kids can't communicate, have delayed development and behave poorly. Their brain is rotting before they can walk. Some is non existent parenting some is the bloody internet. The average reading age of young people leaving school in this area is seven. Seven! What the hell has gone wrong? and how can they get a job in the future?

Upstartled · 28/10/2025 08:59

strawberrybubblegum · 28/10/2025 08:48

The initial threshold of the property tax will have been carefully chosen. The London liberal elite still mostly have houses under the £2million threshold. (or not too far above - so it won't bite too hard since it isn't a cliff-edge)

Of course, in 10 years time - with 4% inflation eroding an unchanged threshold - then even without any real-terms house price growth that becomes the equivalent of £1.3 million now, which really is a lot of professional London and the SE. It's a carefully aimed time- bomb.

I suppose that that would take a level of trust that once the mechanism is in place that the threshold won't be lowered each passing year to crowbar more money into the treasury.

Meanwhile it could have more immediate market effects. Those who are riding not too far below the threshold, £1.6- 1.8m are going to struggle to sell because they are in the unenviable situation that new buyers will recognise that they are in closer striking distance of these new taxes.

TheNuthatch · 28/10/2025 09:11

Good morning 😁

This week's YouGov polling

Reform - 27 (+1)
Labour - 17 (-3)
Cons - 17 (-)
Greens - 16 (+1)
LD - 15 (-)

Lowest ever score for Labour on YouGov. Highest ever score for the Greens.

OP posts:
ChardonnaysBeastlyCat · 28/10/2025 09:14

Upstartled · 28/10/2025 08:39

I wonder if we are still in that phase were they keep floating lots of crazy ideas so that the actual budget doesn't seem too out there or if we are in the drilling down on what will float phase?

It's hard to see how some of this stuff could be workable or even desirable for a party who has its most ardent supporters in the areas with the greatest property wealth.

I think they are in the Throw Some Shit At The Fan And See Who It Hits phase.

EasternStandard · 28/10/2025 09:15

TheNuthatch · 28/10/2025 09:11

Good morning 😁

This week's YouGov polling

Reform - 27 (+1)
Labour - 17 (-3)
Cons - 17 (-)
Greens - 16 (+1)
LD - 15 (-)

Lowest ever score for Labour on YouGov. Highest ever score for the Greens.

Whoop look at that. Read and weep Labour.

Legolava · 28/10/2025 09:21

I hope the cons get their act together. I don’t especially want Reform and I have issues with some previous comments towards minority groups. However, I see how their popularity has grown and why. Just not a fan myself. No judgement to people who are!

ChardonnaysBeastlyCat · 28/10/2025 09:23

Legolava · 28/10/2025 09:21

I hope the cons get their act together. I don’t especially want Reform and I have issues with some previous comments towards minority groups. However, I see how their popularity has grown and why. Just not a fan myself. No judgement to people who are!

I'm not a fan of Reform either.

But if I have to choose between them and Labour, then I know who I will choose.

Legolava · 28/10/2025 09:23

AbsentosaurusRex · 28/10/2025 08:24

I agree with everything you’ve said. As a person from a ‘wc’ (whatever that means, to quote PC) background in the North, the comprehensive school I went to back then was bad enough. And that was before knife crime and phones. The teachers were great, but it was everything else. Now it must be a lot worse, which is depressing. And it sounds horrendous for you. And for the kids who are lumbered with this for life. They’ll then have more kids just like them etc.

I got out (though I didn’t have any idea if it all then of course, it’s all I knew), because actually my parents were supportive and intelligent, and the school classes were setted. About 90pc kids at the school went into manual labour / shop jobs. They are critical jobs too obviously. I think these days they’d probably not go into jobs at all. When I had children I vowed they’d never go to a school like that. In fact they go private because there’s no decent grammar or other decent school anywhere near us.

Given that education is the foundation of the future, it’s hideous that gvts are not funding it effectively. And thus gvt as you say - removing aspiration, removing the ability to / option for a better education. Out of spite - incoherent policy.

And yes where you say ‘This is going to get much worse whilst the private sector is suffering because of Labour policy. As a public sector worker, I’m often shunned for my support of the private sector. However, that is the magic money tree, we don’t get funded via fresh air’ - Sadly most people just don’t realise that if the private sector and wealth is punished - the poorer and ‘wc’ are punished too.

God. 4 more years. 🤯

This is the enquiry I was referencing if anyone is interested.

https://publications.parliament.uk/pa/cm201415/cmselect/cmeduc/142/142.pdf

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