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Old 15-08-2024, 11:22 AM #1
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Default The uks GDP has risen by 0.6 percent.

Well done the conservatives, disproving labour's claims one by one.

Reeves 'fuming' at 'positive' GDP figures, claims Trott
We have now also heard from Laura Trott, the shadow chief secretary to the Treasury.

She said the GDP figures were "really positive" and the result of the work done by the last Tory government.

"The only person who is not out celebrating them is the chancellor," she said.

"You know Rachel Reeves is sitting in the Treasury fuming because yet this is more data to undermine her narrative that the economic inheritance was bad and she can no longer use that as a pretext for the tax rises that she was planning all along."
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Old 15-08-2024, 12:14 PM #2
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Interesting ..


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Old 15-08-2024, 12:19 PM #3
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there are plenty reasons why taxes need to rise, it is clutching at straws to suggest growth figures make that more difficult
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Old 15-08-2024, 01:44 PM #4
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Quote:
Originally Posted by bitontheslide View Post
there are plenty reasons why taxes need to rise, it is clutching at straws to suggest growth figures make that more difficult
Absolutely right.

There's only been growth over the last 2 quarters and while that's very welcome indeed albeit only 0.6%

It follows a recession of the previous last 2 quarters of 2023 where it was no growth and indeed negative for those 2 quarters.

I canvassed in the last election and found surprisingly as to taxes bots, I found a good number of people we all talked to, who wouldn't begrudge a tax increase as long as it was for a specific area
Such as the NHS, social care, plus although too, some public services requirements too.

I think both Labour and the Cons were wrong to rule out tax increases
It's unwise when you never know what's round the corner, domestically and Internationally too.
Such as the COVID issue which required very heavy and unexpected funding to get through it.

What will be interesting to see now is if growth holds in the next 2 quarters.
It's been rather flatlined at best for years overall.
Last year it went negative in the last 2 quarters sparking a recession.

So I'm looking to see and hoping now that growth will be evident in these next 2 quarters.
Then hopefully rise higher during next year.
Somehow I'm more optimistic it will, listening to what businesses are saying now as to a more positive atmosphere in place politically.
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Old 15-08-2024, 01:12 PM #5
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Should there be a tax card? A card like the bp or Tesco one,etc.

A card where you can decide where your taxes pennies go, one that would allow its user to pick war, hunger self, etc for the places there taxes go to.

Must be better than any politician currently available atm deciding for us.
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Old 15-08-2024, 01:14 PM #6
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Conservatives handed labour a perfect little country and in the matter of 2 months they have destroyed it :ANGRY:
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Old 15-08-2024, 01:46 PM #7
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Not bothered what he has to say, but will click his thread topics.
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