British Politics spam thread

Steady on Sailor

 

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The wife will probably pinch one

 

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A 5% pay rise is essentially a pay cut given inflation is running amok.

But hey, they are only council workers, fùck em.

 

thats not the question asked, so I will try again, can they afford to pay them 5%

 

Can they afford not to?
Some might claim that they only carry out the most menial tasks, but they have to be done by someone.

 

Probably not. But then we certainly can't afford to pay Eon, BP, et al billions but we do. Oh that's ok though, they set the price we pay them. Maybe we should let workers do the same?

 

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It was called one of the worst investment decisions of all time.

Chancellor of the Exchequer Gordon Brown said he was selling tonnes of Britain's gold reserves. Trouble was, his timing could barely have been worse.

"It was the bottom of gold's two-decade bear market," says Adrian Ash, director of research at investment firm BullionVault.

Hindsight may be a wonderful thing, but Mr Ash points out there were plenty of people warning against the move at the time - including at the Bank of England.

says Mr Ash, other nations baulked at the "ham-fisted" way in which the UK chancellor went about the sale. He cites the Central Bank Gold Agreement, signed in September 1999 and designed to prevent the markets being spooked by another sudden sell-off.

The agreement involved 15 central banks promising to cap sales over the following five years, a move designed to provide clarity to the financial markets and put a floor under the gold price. "It was," says Mr Ash, "a slap on the wrist for the UK."



https://www.bbc.co.uk/news/business-48177767

 

Its just strange why Scot Labour would vote against it without some reason

 

If you watch his mouth, he always looks like he's in a badly dubbed foreign film.