Meet the Other Phone. Only the apps you allow.

Meet the Other Phone.
Only the apps you allow.

Buy now

Please or to access all these features

AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Is The IMF taking Over perhaps just what the country needs

530 replies

WaitingInForMyFoodShopping · 01/09/2025 08:55

Ok bear with me. This sounds like an idiotic thing to say because if the IMF are involved it means the country is officially in a mess and the IMF will slash spending and enforce their own budgets and rules. So anyone on benefits might lose them, NHS funding will likely go down, same for the police force etc

It just occurred to me today that the country is in a complete mess and there isn't really any end in sight.

Headlines today - I didn't read the detail but I am just getting more angry, helpless feeling and frustrated and want 'somebody' who has some balls to step in and say enough. Things change from today. Todays headlines are rising taxes, 1/10 high school kids on benefits, families of migrants can claim benefits from day 1 even if they don't speak english.

Now i will caveat this by saying the housing market does need sorted but lets be honest that's not what they are trying to do here - it's just about raising taxes. I also say there is another articles claiming ' a crackdown on bring families into Britain' - something that made me snort with derision giving the whole small boats/protests going on just now.

I mean lets just get to the point. Does ANYONE think RR/KS are able to fix this mess. I know they didn't cause it. I know they have been in office less than a year but if we give them another year are they able to fix it. I personally don't think so. It is going to need someone very tough to brave the mess and take it in hand (Maggie Thatcher where are you now).
So what are we left with - voting Reform - which I have joked about doing but i don't actually think that is the way to go. That's borne out of desperation. So who is going to fix it then.

AIBU to think a complete reset, painful as it will be by the IMF is just what the country needs?

House prices drop unexpectedly amid property tax fears - latest updates

The ‘ludicrous’ migrant family rule pushing councils to breaking point

One in 10 secondary schoolchildren on disability benefits

OP posts:
Thread gallery
19
sundayfundayclub · 01/09/2025 21:59

Plus counter to that is how can you have high taxes and high growth?

That would be countries like Denmark & Finland I should imagine but pointless to compare to us.

But I can't think of any developed countries with low taxes & low productivity but there may be some.

twistyizzy · 01/09/2025 22:02

sundayfundayclub · 01/09/2025 21:55

@twistyizzy that was just to help you understand the concept of how infrastructure correlates to productivity. Logically it would be very hard to measure every individual and some would gain more than others.

I am not am imbecile. The PP claimef it would double productivity.
However that only works in cities, rural or semi rural areas aren't accounted for

sundayfundayclub · 01/09/2025 22:07

I am not am imbecile.

😆

ThatWaryOchreQuoter · 01/09/2025 22:14

sundayfundayclub · 01/09/2025 22:07

I am not am imbecile.

😆

is this really one of the few remaining Labour supporters calling someone else an imbecile?

placemats · 01/09/2025 22:15

EasternStandard · 01/09/2025 19:58

What is it, can you say?

Is it the threat to Labour that makes you angry because you care about your party a lot?

My party? What makes you say that? Are you stalking me?

EasternStandard · 01/09/2025 22:19

placemats · 01/09/2025 22:15

My party? What makes you say that? Are you stalking me?

Ha at this. I take it it’s that then, it’s the threat to Labour.

I can’t relate to that being the top concern, when there’s so many others. Politicians will look after themselves, they don’t need this level of care for them.

BurntBroccoli · 01/09/2025 22:22

LONDON, August 21 (Reuters) - Britain’s stock market is outperforming Wall Street in 2025, and the UK economy has enjoyed the fastest growth of any G7 country during the first half of the year. Yet British investors are mostly missing out while foreign buyers are reaping the benefits.
The UK stock market has been plagued by sluggish performance and a dearth of IPOs for so long that any good news has a tendency to travel quickly among the local investor community. Last week, I received several emails about a study from Schroders showing that U.S. investors were moving more money into UK stocks than anywhere else, opens new tab. Indeed, after withdrawing almost $100 billion from the UK between 2020 and 2022, the last three years have seen persistent inflows from Americans.
https://www.reuters.com/markets/europe/uk-is-back-business-someone-forgot-tell-british-investors-2025-08-21/

American investors pile into UK shares in boost to London market

More than $15 billion has been pumped in since the start of year in a sign that equities on the LSE are relatively cheap and Britain is seen as a safe haven

https://www.thetimes.com/business-money/companies/article/american-investors-pile-into-uk-shares-in-boost-to-london-market-qw0hnwbdv

BurntBroccoli · 01/09/2025 22:32

Bumblebee72 · 01/09/2025 12:51

I think it is what we need. We need an outside factor to take the knife needed to the cost of the welfare state, we need it halved not tweaked round edges. It is too hard for politicians to make the decisions that are really need to turn around the country.

Does that include state pension who are by far the biggest recipients of social care.

PreciousLittleLifeForms · 01/09/2025 22:35

OneKookyShark · 01/09/2025 21:24

Benefits will not stop if there is an IMF bailout - this thread has a lot of misinformation in it

Thanks.
I dont understand much of it. But it seems like some people would be very happy at benefits being cut.

placemats · 01/09/2025 22:35

BurntBroccoli · 01/09/2025 22:32

Does that include state pension who are by far the biggest recipients of social care.

The biggest recipients of social care are residents in care homes. Social care comes out of council tax budgets. And it's a huge chunk.

ThatWaryOchreQuoter · 01/09/2025 22:40

BurntBroccoli · 01/09/2025 22:32

Does that include state pension who are by far the biggest recipients of social care.

No, people deserve to retire in peace after working their entire lives. The biggest welfare cuts should be to those who don’t contribute and most likely never will, I think Labour refer to this group as ‘working people’.

BIossomtoes · 01/09/2025 22:44

How can working people and those who don’t contribute be synonymous? Working people pay tax and many of them make direct contributions via public services.

Goldenbear · 01/09/2025 22:57

ThatWaryOchreQuoter · 01/09/2025 22:40

No, people deserve to retire in peace after working their entire lives. The biggest welfare cuts should be to those who don’t contribute and most likely never will, I think Labour refer to this group as ‘working people’.

That's confusing, 'working people' who 'don't contribute'?

PreciousLittleLifeForms · 01/09/2025 23:01

ThatWaryOchreQuoter · 01/09/2025 22:40

No, people deserve to retire in peace after working their entire lives. The biggest welfare cuts should be to those who don’t contribute and most likely never will, I think Labour refer to this group as ‘working people’.

So people who have been disabled since birth then? They should be the first to get their money cut?

ThatWaryOchreQuoter · 01/09/2025 23:01

BIossomtoes · 01/09/2025 22:44

How can working people and those who don’t contribute be synonymous? Working people pay tax and many of them make direct contributions via public services.

At last we agree on something. If I’m up to speed on my newspeak, I think the group you’re referring to (people who work) are called ‘those with the broadest shoulders’.

ThatWaryOchreQuoter · 01/09/2025 23:03

Goldenbear · 01/09/2025 22:57

That's confusing, 'working people' who 'don't contribute'?

Yes, it bloody is confusing.

BIossomtoes · 01/09/2025 23:03

ThatWaryOchreQuoter · 01/09/2025 23:01

At last we agree on something. If I’m up to speed on my newspeak, I think the group you’re referring to (people who work) are called ‘those with the broadest shoulders’.

But you just said working people don’t contribute. You’re either indecisive or gaslighting.

ThatWaryOchreQuoter · 01/09/2025 23:06

BIossomtoes · 01/09/2025 23:03

But you just said working people don’t contribute. You’re either indecisive or gaslighting.

I said Labour refer to this group as ‘working people’. What we used to call working people are now called ‘those with the broadest shoulders’.

BIossomtoes · 01/09/2025 23:19

ThatWaryOchreQuoter · 01/09/2025 23:06

I said Labour refer to this group as ‘working people’. What we used to call working people are now called ‘those with the broadest shoulders’.

So you’re essentially talking bollocks.

ThatWaryOchreQuoter · 01/09/2025 23:22

BIossomtoes · 01/09/2025 23:19

So you’re essentially talking bollocks.

It is bollocks, again we agree.

twistyizzy · 02/09/2025 06:24

sundayfundayclub · 01/09/2025 22:07

I am not am imbecile.

😆

Yet I'm not the one claiming reducing commuting times will "double productivity".

So a great addition to the debate there.

Alexandra2001 · 02/09/2025 07:25

BurntBroccoli · 01/09/2025 22:22

LONDON, August 21 (Reuters) - Britain’s stock market is outperforming Wall Street in 2025, and the UK economy has enjoyed the fastest growth of any G7 country during the first half of the year. Yet British investors are mostly missing out while foreign buyers are reaping the benefits.
The UK stock market has been plagued by sluggish performance and a dearth of IPOs for so long that any good news has a tendency to travel quickly among the local investor community. Last week, I received several emails about a study from Schroders showing that U.S. investors were moving more money into UK stocks than anywhere else, opens new tab. Indeed, after withdrawing almost $100 billion from the UK between 2020 and 2022, the last three years have seen persistent inflows from Americans.
https://www.reuters.com/markets/europe/uk-is-back-business-someone-forgot-tell-british-investors-2025-08-21/

Stop it!!!

Good news stories aren't allowed on here...... just as Labour are to blame for everything wrong.
Where as the Cons messed up for 14 years because of x y or z - enter your own pet excuse......

We even have one pp blaming Labour for childcare issues.. its the continuation of a Con policy but needs more funding, though some pp want lower taxes to fund this and other things they like.

ThatWaryOchreQuoter · 02/09/2025 08:19

Alexandra2001 · 02/09/2025 07:25

Stop it!!!

Good news stories aren't allowed on here...... just as Labour are to blame for everything wrong.
Where as the Cons messed up for 14 years because of x y or z - enter your own pet excuse......

We even have one pp blaming Labour for childcare issues.. its the continuation of a Con policy but needs more funding, though some pp want lower taxes to fund this and other things they like.

It’s absurd to keep pretending Labour isn’t a disaster. Their divisive, crabs in a bucket and last century class warfare core ideology is just rotten through and through. The fact that people are so desperate to limit Labour’s malign Governance that they’re hoping for IMF constraints says it all.

EasternStandard · 02/09/2025 08:23

ThatWaryOchreQuoter · 02/09/2025 08:19

It’s absurd to keep pretending Labour isn’t a disaster. Their divisive, crabs in a bucket and last century class warfare core ideology is just rotten through and through. The fact that people are so desperate to limit Labour’s malign Governance that they’re hoping for IMF constraints says it all.

Yep. There’s still a few loyal to Labour who think they are doing well. Most think they’re not.

BIossomtoes · 02/09/2025 08:23

ThatWaryOchreQuoter · 02/09/2025 08:19

It’s absurd to keep pretending Labour isn’t a disaster. Their divisive, crabs in a bucket and last century class warfare core ideology is just rotten through and through. The fact that people are so desperate to limit Labour’s malign Governance that they’re hoping for IMF constraints says it all.

That’s not desperation. It’s determination to attack the government regardless of facts. No comment on the article linked above? Obviously not because it contradicts your narrative.