Labour isn't Working - Thread 40

[Nuthatch26]

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/5568447-labour-isnt-working-thread-39?utm_campaign=thread&utm_medium=shareL

It's not like people generally choose oil. Here in Wales certainly. Gas is too expensive to run into the country ditto sewage. We buy our oil and septic tanks and adhere to the checks and balances the council decree.

Reading some articles

Blimey at £36m donation to Reform

And IPP sentences, I didn’t know about those. They sound tortuous.

We were going to put in oil heating in our new house to replace the storage heaters and I'm now thinking thank fuck we went with a heat pump.

This is 49 years old and Laughed at by many people ! However, it is so relevant to 2026 possibly more true today than in 1977 .

I was listening to political currency and Healey saying the economy is at a turning point….this claim has been consistently made over the made over the last 5 years. There are too many now long run bad factors here. Youth unemployment, private sector jobs weakness in general, huge tax burden, inflation….Bailey saying the warning signs on AI shares are flashing red….at the moment we’re buoyed by a resilient US share market,

nobody seriously believes labour have taking any actions that are boosting the economy.

@Ruttering yes it's at a turning point ! Plunging down !

I'm thinking downward spiral. Oil shares are doing well. 🙄

If you've any share certificates in construction, might as well burn them to keep warm.

Breweries limping along.

All pensions are run on investments I doubt they'll be investigating in the UK.

No one of the things that has Bailey worried - most UK investors have the majority of pension and isa investments in the S&P as the returns have been so incredible.

Eggs in one basket. That's high risk I'd have thought.

Well it's about 500 companies that are many global and across different industries

Reading an article from an AI company co founder and the article quotes Rishi. It’s sad we’re entering fairly unknown times with Burnham not someone who gets and understands the tech.

I think he made an early statement that he wasn’t that interested in it, didn’t he?

Well that is reassuring

Heaven help us

Burnham? Oh great. What could go wrong

Rishi also being quoted in this furore about the Clause founder Amodei saying guardrails aren’t in place…

It’s a huge miss for AB - if there ever was a case for market intervention this is it.

As if we need more great news (not)

The leaders of Scotland, Wales and Northern Ireland will gather on Monday to sign a deal designed to kick-start the break-up of the United Kingdom.

At an unprecedented summit in Cardiff, the three first ministers will put pen to paper on a joint declaration demanding the right to hold independence referendums.

The meeting comes after Andy Burnham suggested to MPs that he would authorise another Scottish referendum if there were a “clear consensus” in favour of one.

I don't know what the other leaders are like but I have no faith in Wales as an independent zone.

I have zero faith in Scottish independence, devolution has been bad enough!

the Indy debate has yes supporters who don’t even think that the results of devolution or snp competence are the issue, they’d rather be average or below in the oecd and independent. Education, health, earnings - any of it. That’s why the two sides can’t talk because one side believes in evidenced outcomes and the other doesn’t.

they don’t especially value world beating universities more than they value ‘free’ tuition.

Scotland will go Indy in my life time, I’m sure, and I fear for the scandals that will happen due being a one party state for so long.

we are in a new era of values make the answer politics and have been for ages - most of modern labour, snp, greens, they’re not looking at evidence.

They're just hungry for power in Wales.

"Pensioners face shock demands from HMRC bank interest checks | Bradford Telegraph and Argus" https://www.thetelegraphandargus.co.uk/news/national/uk-today/26541124.pensioners-face-shock-demands-hmrc-bank-interest-checks/

I didn't realise pensioners were getting letters from debt collectors on behalf of HMRC. I checked GOV.UK yes it's correct that the banks are handing over customers information to the government of people who have savings, earn interest and haven't filled in a tax return.

Digging deeper this law is ten years old was designed to combat money laundering and terrorism. It's now being used against everyone including pensioners. Now we've always been self employed so I collate everything and hand it over to the accountant.

But imagine being faced with an on-line tax form in your twilight years.

That quote - from the despatch box again - will haunt Burnham, just like his statement about national security not coming at the expense of social security. Then there’s all the shite he’s spouted in the recent past like in the Makerfield by-election - not being in hock to the bond markets, just for example.

He has a real problem with controlling his mouth when he thinks he can say something to please the left, attract a few votes or make someone like him. One effect of that is that he frequently has to row back, so it’s difficult to believe anything he says. He increasingly looks like a hopeless amateur.

Yes he doesn’t think. It’s just like me everyone. And now look what’s he’s triggered.

https://www.walesonline.co.uk/news/wales-news/nearly-one-three-would-vote-34601913?utm_medium=Social&utm_source=Facebook&fbclid=IwdGRjcAUTQC5jbGNrBRNAGXBkb2YFZXh0bgNhZW0CMTEAc3J0YwZhcHBfaWQMMzUwNjg1NTMxNzI4AAEe8dyw49uUnU8q-jl1DKnR41XBzgk8vB0wVYOlWKiDxWkuWY8OTuR2oAi8fBs_aem_pv1DjLgNOyF5jJ1nx_MQWw#Echobox=1789120002

Well that poll didn't go well for Wales.