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General election 2024

How is Racheal Reeves planning to raise money?

127 replies

Chickenuggetsticks · 31/05/2024 10:05

Exactly that really, I wouldn’t be surprised by a pensions raid. I read an article in the telegraph talking about using PFI again (which is horrifying as the article suggests the total cost of pfi is forecast to be 555% of the original loans.

I just haven’t seen much discussion and I’m wondering if anyone has seen anything concrete about Labours plans?

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Aintnosupermum · 31/05/2024 20:48

I’m no longer living in the UK and it’s been awful to see the decay.

Both parties are as bad as each other. The reality is lack of education has resulted in a need for mass immigration. It would be cheaper in the long run to educate our own but it’s less work to import the talent.

Childcare is a massive problem in the UK because it’s not worthwhile working more than the minimum required. My friends who work full time are using a patchwork of cover which is unbelievably stressful. This is why most of my friends work very part time, about 2-3 days a week or 4 days a week during school hours only.

The reality is the benefits paid out are because taxation is so high and doesn’t consider the different circumstances affecting households. I still see young people having children before they are in a position where they can afford the child. The outcomes are not good for the mother or child. There have been improvements but I think there needs to be a whole lot more done to discourage this choice. My suggestions are requiring consistent full time hours of 35 hours of work to qualify for support, updating legislation and the process so men are required to pay child support and the abolition of zero hours contracts. I would require anything over 40 hours a week be paid at overtime rates with an exemption for those making more than £150k a year. Society pays a very heavy price for working more than 40 hours a week. Ironically the NHS is one of the worst offenders out there pushing staff to work for free.

For families, childcare should be fully deductible from wages of the parent who is the lower earner first regardless of marital status. Being in school to get an education in an area where there is a shortage of labour should be fully supported and paid a weekly wage.

Id also eliminate minimum wage. We have a social safety net which ensures everyone has their basic needs taken care of. I hire skilled workers in the Uk and they are incredibly good value for money. The unskilled admin does not deliver value close to what minimum wage pays. It’s better overall for society to subsidize these workers and see them with jobs than pay for them to sit at home, where the often resulting depression and poor health lower living standards in these homes.

The NHS needs to restructure in terms of the care they provide. Luxury care such as IVF needs to be private only. You get two children on the NHS. After two children you need to pay privately for subsequent pregnancies and the children or have an abortion at no cost. Everyone should have an annual physical with a nurse and if you are overweight for non medical reasons you must attend 150minutes of gym exercises at your local leisure center or you pay a premium to the NHS.

I say this as a mother of 3 children. No one needs 3 children. Outcomes are lower because there aren’t enough hours in the day or enough of you to properly care for 3+ children.

Finally we need more homes. I’d build what’s needed close to transport hubs and SE. Greenbelt is a joke of an excuse. It’s basically land not controlled by the aristocracy so they called it greenbelt to prevent its development. This preserves the value of the aristocracy’s wealth. Before raiding pensions, I’d raid land held by the wealthiest and build some homes for people. Imagine the impact if housing was 25% of your budget instead of 50%.

Scavernick · 31/05/2024 20:49

Chickenuggetsticks · 31/05/2024 20:06

I think Labour have said they want to build an extra 1.5 million homes by changing planning laws.

Edited

Goodbye greenbelt. 😪

Scavernick · 31/05/2024 20:50

Nw22 · 31/05/2024 20:11

@Scavernick I don’t know anyone who is worried or cares about immigration

Have you considered the possibility that people you don't know might be worried about it? 🙄

EffieeBriest · 31/05/2024 20:59

@DontWheeshtMe encourage investment in those places where employment is scarce and lowly paid. Plough money into schools and colleges to improve educational attainment and aspiration. Invest in the public transport system to enable workers to travel more easily. Incentivise major corporations to locate their businesses in the north and midlands. Not rocket science. Johnson promised it with levelling up but it was just hot air.
The people I know who are concerned about immigration are resentful that already poor towns are having to accommodate the most vulnerable migrants, large family groups, with negligible English, little to no skills or qualifications, religiously conservative. Councils that already are struggling to meet the needs of the existing inhabitants are expected to house increasing numbers of people who are years away from being economically productive. I think that’s the issue. It’s the poorest areas in the country that are faced with this.

Aintnosupermum · 31/05/2024 21:07

@EffieeBriest

As an employer I ask every candidate I’m interviewing what 6x7 is. It’s shocking how many people respond with ummm don’t know. I had an accountant get it wrong. This is primary school maths. If you can’t get to the answer or don’t bother trying I am not hiring you. Why should I punish my team with people who don’t try or haven’t bothered to learn.

Ask your son a couple of different times tables and see how he responds. You can have all the qualifications in the world but if you can’t do the basics your options and income will be very limited.

Churchview · 31/05/2024 21:08

@Chickenuggetsticks If you have genuine concerns about this and are after concrete plans then I think you are in the same boat as everyone else and will have to wait until the manifestos are issued.

You are pressing us, i.e. random nobodies on MN, for details we don't have and and then berating us for not not putting up a defence/having the answers.

Of course you're quite right to be concerned after the economic debacle that has been this Tory government with their ridiculous change of personnel at the top, the appalling state of our public services, the dreadful NHS waiting lists and the unforgivable and systematic waste of public funds.

We do need to be informed about how all the parties intend to fund the serious, long term repair work needed to make this country function properly for all again.

The manifestos are definitely the documents we need to read.

If you need information urgently then perhaps contact the various parties direct.

Aintnosupermum · 31/05/2024 21:10

The other thing the needs to be fixed is the communication infrastructure. We need more cell phone towers and/or satellites. Not for nothing, deepest darkest Africa has better network coverage than the UK.

EffieeBriest · 31/05/2024 21:11

@Aintnosupermum what’s that got to do with anything ? My gripe is the north south divide which hasn’t been sorted despite promises. His mental arithmetic is fine.
And the parties aren’t all the same. As far as I know the widespread corruption that’s gone on, the absolute disrespect for the electorate as evidenced by the blatant lying etc didn't happen under New Labour.

Aintnosupermum · 31/05/2024 21:21

@EffieeBriest

It has everything to do with employment. It’s shocking how many people are qualified and educated but can’t do the basics. Your son hasn’t secured employment so this might be a reason why. Good GCSE’s and A’Levels sadly don’t count for all that much. My best UK educated people do not have good school grades. They are sharp as a tack with their mental arithmetic and their work shows they have a brilliant mind.

Chickenuggetsticks · 31/05/2024 21:21

Churchview · 31/05/2024 21:08

@Chickenuggetsticks If you have genuine concerns about this and are after concrete plans then I think you are in the same boat as everyone else and will have to wait until the manifestos are issued.

You are pressing us, i.e. random nobodies on MN, for details we don't have and and then berating us for not not putting up a defence/having the answers.

Of course you're quite right to be concerned after the economic debacle that has been this Tory government with their ridiculous change of personnel at the top, the appalling state of our public services, the dreadful NHS waiting lists and the unforgivable and systematic waste of public funds.

We do need to be informed about how all the parties intend to fund the serious, long term repair work needed to make this country function properly for all again.

The manifestos are definitely the documents we need to read.

If you need information urgently then perhaps contact the various parties direct.

I haven’t criticised anyone for not having the answers. I’ve criticised people for assuming bad faith (i.e. don’t ask those questions I don’t like them), assuming I’m a troll (I must be a spad of course because only a tory spad would be asking any questions at all about how our future government is planning to do things).

I was asking incase anyone had read something I hadn’t, I’m not pressing for answers or berating people for not having them.

OP posts:
Churchview · 31/05/2024 21:25

Chickenuggetsticks · 31/05/2024 21:21

I haven’t criticised anyone for not having the answers. I’ve criticised people for assuming bad faith (i.e. don’t ask those questions I don’t like them), assuming I’m a troll (I must be a spad of course because only a tory spad would be asking any questions at all about how our future government is planning to do things).

I was asking incase anyone had read something I hadn’t, I’m not pressing for answers or berating people for not having them.

Even if they aren’t I would expect that someone could put up a good defence to whatever the issue is.

That was you at 20.07.

Aintnosupermum · 31/05/2024 21:25

New Labour were awful. They off us into Iraq. I will never forget David Kelly being murdered for speaking up.

Tony Blair was most probably paid off for supporting the U.S. No one accumulates that much wealth, so quickly, without corruption. Peter Mandelson was also not exactly clean with dodgy loans which were forgiven. Clearly corruption was a problem under that administration as it has been under the Tories.

To be clear, right now, I’d like to see someone competent running. The Tories and Labour are both incompetent and corrupt.

EffieeBriest · 31/05/2024 21:29

@Aintnosupermum he’s doing a degree in computer science atm. I was describing his experience trying to find an apprenticeship 2 years ago which apparently isn’t unusual.
I think prospective employers will be looking at qualifications and work experience when applying for graduate jobs.

EffieeBriest · 31/05/2024 21:30

@Aintnosupermum 😂

Chickenuggetsticks · 31/05/2024 21:54

Churchview · 31/05/2024 21:25

Even if they aren’t I would expect that someone could put up a good defence to whatever the issue is.

That was you at 20.07.

Yes I was saying when people believe a question is in bad faith they should still be able to respond to it without “ooooh it’s a torybot”.

The answer could be “no clue” or “I think this and thats why it’s good or bad” and no-one is forced to say anything at all, no-one is compelled to answer.

Poster literally seem to think any question about what Labour are planning to do is some sort of subterfuge. Why is it so odd that people may be curious as to what the next government will do. It’s bewildering to me, but then I’m not tribal.

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Chickenuggetsticks · 31/05/2024 21:55

Also how the hell is asking how Labour are planning to finance stuff a bad faith question or a sign of trolling. It’s a bloody reasonable question imo.

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Aintnosupermum · 31/05/2024 22:29

He needs to do as many internships as possible while he is getting his degree. If you are up north take a look at BNY Mellon in Manchester and NatWest. Both have good internship opportunities. Also get on LinkedIn and look for summer internships.

Chickenuggetsticks · 31/05/2024 22:31

Questions over the pensions lifetime allowance cap, I’m never getting anywhere near a million myself but the BMA is saying doctors are getting nervous about it. I’m not sure this is productive in the face of staff shortages tbh.

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SavingTheBestTillLast · 31/05/2024 22:44

Chickenuggetsticks · 31/05/2024 21:55

Also how the hell is asking how Labour are planning to finance stuff a bad faith question or a sign of trolling. It’s a bloody reasonable question imo.

I’m thinking v

How is Racheal Reeves planning to raise money?
Swiftea · 31/05/2024 22:46

GasPanic · 31/05/2024 13:45

There are two types of immigration for me.

Illegal and non illegal.

Illegal is hard to stop. The only way you can really stop it is to make it unattractive for people to come here. IMO Tories are far more likely to make that happen than Labour.

Illegal for me though is a bit of a mass distraction. It is small beer compared to the legal migration. The only way to lower that is to fill the jobs with people that are already here - for example non workers - and make sure we train people up for the jobs we need. IMO the Tories are far more likely to make that happen than Labour.

Immigration should be a huge issue for everyone because the number of people coming into the country is expanding rapidly. Some of it is actually necessary. But the money spent on services like education and housing, health, sewage and policing isn't. So everyones quality of life is suffering as a result of these policies.

It's also bad for other countries to have their educated professionals stolen by us because we won't train people up to do the jobs we need.

Under the Conservatives net migration has rocketed to 700k a year. This was a conscious choice by Boris Johnson. Why on earth do you trust them on immigration?

DontWheeshtMe · 31/05/2024 22:49

Chickenuggetsticks · 31/05/2024 21:55

Also how the hell is asking how Labour are planning to finance stuff a bad faith question or a sign of trolling. It’s a bloody reasonable question imo.

Depends how big number 10s garden is as I think they’ve been watching too much YouTube 😆

How is Racheal Reeves planning to raise money?
caringcarer · 31/05/2024 23:10

I think I've heard they intend to close loop holes on Non Dom status that apparently still does exist even after Sunak changed the Non Dom rule. Also the VAT on private school fees. Also cutting more waste generally. I heard someone on TV saying it a couple of evenings ago. Plus the economy is actually growing which should generate some additional funds.

BIossomtoes · 31/05/2024 23:10

Chickenuggetsticks · 31/05/2024 22:31

Questions over the pensions lifetime allowance cap, I’m never getting anywhere near a million myself but the BMA is saying doctors are getting nervous about it. I’m not sure this is productive in the face of staff shortages tbh.

They could always do an exemption for the NHS.

caringcarer · 31/05/2024 23:12

Corinthiana · 31/05/2024 14:33

I think it's more likely to be a windfall tax on the energy companies.
Then trying to recoup money from those who profiteered from COVID, following an enquiry about the use of public funds by some people.

Yes, I have heard them saying they could recoup some of the money handed out willy nilly over lockdown. Many claims by some businesses were apparently fraudulent.

SavingTheBestTillLast · 31/05/2024 23:16

BIossomtoes · 31/05/2024 23:10

They could always do an exemption for the NHS.

Which would be unethical………