UK economy shrinks by 0.2% (From Daily Echo)
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UK economy shrinks by 0.2%
9:39am Wednesday 25th January 2012 in Politics
George Osborne
The UK's economy suffered a worse-than-expected 0.2% contraction in the final quarter of 2011, it was revealed today, fuelling fears of another recession.
The Office for National Statistics' first estimate for the figure marks the first time the UK's gross domestic product (GDP) has fallen since the final quarter of 2010 when the Arctic weather was blamed for a 0.5% drop. The City had expected a decline of 0.1%.
The contraction was driven by a 0.9% fall in manufacturing, a 4.1% drop in electricity and gas production as the warm weather caused people to turn down heating, and a 0.5% fall in the construction sector, while the powerhouse services sector ground to a halt.
There is also likely to have been a small impact from the public sector strikes on November 30, when nearly a million working days were lost.
Comments(23)
aldermoorboy
says...
10:15am Wed 25 Jan 12
Labour are a disgrace, for 13 years they spent more than we earned, now 64% of the UK INCOME IS SPENT ON INTEREST.
Why would anyone vote for them?
Why would anyone vote for them?
Shoong
says...
10:19am Wed 25 Jan 12
Taskforce 141 wrote:You did Advanced Economics at Uni then?
This talk of another recession cracks me up, because surely the evidence available indicates we are still in a recession!
The government has 'no money' the military are getting stripped down to bare-bones, businesses are folding, unemployment is going through the roof, property crime and fear of crime is up, properties are remaining vacant for long periods of time and the overall morale is **** dire!
whether politicians what to admit to it or not (to save face no doubt) they say we are out of a recession. I mean politicians wouldn't lie to us, would they?...
Smart Bomb
says...
10:25am Wed 25 Jan 12
PMQ should be fun today as Miliband, representing the party who sailed the Ship onto the rocks, tries to blame the parties manning the pumps and trying to get the ship upright again. Unmissable radio.
Linesman
says...
10:32am Wed 25 Jan 12
aldermoorboy wrote:The International banking crisis, that had it's beginnings in America is the reason why Labour found itself in a hole because it had to bail out banks, building societies and even local councils that had put their money and faith in Icelandic banks.
Labour are a disgrace, for 13 years they spent more than we earned, now 64% of the UK INCOME IS SPENT ON INTEREST.
Why would anyone vote for them?
Yes, the country was in a hole under Labour, and that is the reason.
What I would like to know is, why the hell to Cameron & Co keep on digging?
We are now a trillion pounds in debt - £1,000,000,000,000 - AND THEY ARE STILL BORROWING!
You cannot blame Gordon Brown and Labour for that!
Taskforce 141
says...
10:37am Wed 25 Jan 12
Shoong wrote:No I didnt, and no doubt you will now say that recession is a technical term used for bla bla bla.
Taskforce 141 wrote:You did Advanced Economics at Uni then?
This talk of another recession cracks me up, because surely the evidence available indicates we are still in a recession!
The government has 'no money' the military are getting stripped down to bare-bones, businesses are folding, unemployment is going through the roof, property crime and fear of crime is up, properties are remaining vacant for long periods of time and the overall morale is **** dire!
whether politicians what to admit to it or not (to save face no doubt) they say we are out of a recession. I mean politicians wouldn't lie to us, would they?...
Most of the UK hear the word recession and understand there is naff all money and naff all jobs, with naff all prospects.
I'm glad you agree with my points, its just the technical jargon you require for your hard on is it?
Shoong
says...
11:02am Wed 25 Jan 12
Taskforce 141 wrote:Nope, a recession is a recession.
Shoong wrote:No I didnt, and no doubt you will now say that recession is a technical term used for bla bla bla.
Taskforce 141 wrote:You did Advanced Economics at Uni then?
This talk of another recession cracks me up, because surely the evidence available indicates we are still in a recession!
The government has 'no money' the military are getting stripped down to bare-bones, businesses are folding, unemployment is going through the roof, property crime and fear of crime is up, properties are remaining vacant for long periods of time and the overall morale is **** dire!
whether politicians what to admit to it or not (to save face no doubt) they say we are out of a recession. I mean politicians wouldn't lie to us, would they?...
Most of the UK hear the word recession and understand there is naff all money and naff all jobs, with naff all prospects.
I'm glad you agree with my points, its just the technical jargon you require for your hard on is it?
What's a 'hard on'?
Lone Ranger.
says...
11:21am Wed 25 Jan 12
Good old Useless George .... I have been told that his next job will be as a captain of an Italian Cruise Ship !!!.
.
He is screwing the Country and its people cutting benefits, increasing vat, increasing unemployment, increasing inflation, increasing the Countries borrowing.
.
Not worried about bankers bonuses.
.
Still we are all in this together .... well some of us.
.
In addition the rudderless government lost their appeal regarding solar subsidies as it acted unlawfully.. ......
.
.
He is screwing the Country and its people cutting benefits, increasing vat, increasing unemployment, increasing inflation, increasing the Countries borrowing.
.
Not worried about bankers bonuses.
.
Still we are all in this together .... well some of us.
.
In addition the rudderless government lost their appeal regarding solar subsidies as it acted unlawfully.. ......
.
southy
says...
12:00pm Wed 25 Jan 12
Quote-(Press Association)
"Chancellor George Osborne insisted he will stick by the austerity measures which have been blamed for choking UK growth.
He said: "Britain has substantial debts. If we don't deal with those debts, our problems will be worse.""
The trouble is your not going to deal with those debts by cuts, those debts are just going to get bigger and faster, you cut people wages and/or make them unemployed there is less money being spent in the local economy, and that effects the national economy, and that effects the world economy, YOU CAN NOT MAKE MONEY IF GOODS ARE NOT BEING BOUGHT IN AN EVER INCREASING NUMBER, that matches the population growth. and this is why the public sector works and the private sector don't, its the public sector that employs people that matches up with population growth, the private sector don't it just want to make the largest amount of profit for the lest amount of employment.
And as for returning back into recession we have not left the recession since the 1980's, when you take unemployment into account from the time when Thatcher took just under 1 million unemployed and turned that into over 6 million unemploy a figure that as never gone down only up and stands around the 10 million mark today. That people not spending in the economy they way they should be doing.
The 99% of today Economist do not have a clue what they are doing, they leave major information just so they can give false figures, Its only the Left Wing Economist that are taking every factor into account and you can only get the true figures from them, but when they publish there figures they get slam down by the Right Wing AKA Capitalist Economist only because there is more of them than Left-Wing aka Socialist Economist so the public never get to see true figures.
"Chancellor George Osborne insisted he will stick by the austerity measures which have been blamed for choking UK growth.
He said: "Britain has substantial debts. If we don't deal with those debts, our problems will be worse.""
The trouble is your not going to deal with those debts by cuts, those debts are just going to get bigger and faster, you cut people wages and/or make them unemployed there is less money being spent in the local economy, and that effects the national economy, and that effects the world economy, YOU CAN NOT MAKE MONEY IF GOODS ARE NOT BEING BOUGHT IN AN EVER INCREASING NUMBER, that matches the population growth. and this is why the public sector works and the private sector don't, its the public sector that employs people that matches up with population growth, the private sector don't it just want to make the largest amount of profit for the lest amount of employment.
And as for returning back into recession we have not left the recession since the 1980's, when you take unemployment into account from the time when Thatcher took just under 1 million unemployed and turned that into over 6 million unemploy a figure that as never gone down only up and stands around the 10 million mark today. That people not spending in the economy they way they should be doing.
The 99% of today Economist do not have a clue what they are doing, they leave major information just so they can give false figures, Its only the Left Wing Economist that are taking every factor into account and you can only get the true figures from them, but when they publish there figures they get slam down by the Right Wing AKA Capitalist Economist only because there is more of them than Left-Wing aka Socialist Economist so the public never get to see true figures.
George4th
says...
12:13pm Wed 25 Jan 12
Linesman wrote:Do your homework Linesman. This country was already in economic decline BEFORE the global financial crisis. This country was already £600 Billion in DEBT and RISING! Vince Cable (and others) warned Labour and they took no notice!
aldermoorboy wrote:The International banking crisis, that had it's beginnings in America is the reason why Labour found itself in a hole because it had to bail out banks, building societies and even local councils that had put their money and faith in Icelandic banks.
Labour are a disgrace, for 13 years they spent more than we earned, now 64% of the UK INCOME IS SPENT ON INTEREST.
Why would anyone vote for them?
Yes, the country was in a hole under Labour, and that is the reason.
What I would like to know is, why the hell to Cameron & Co keep on digging?
We are now a trillion pounds in debt - £1,000,000,000,000 - AND THEY ARE STILL BORROWING!
You cannot blame Gordon Brown and Labour for that!
Labour created two bubbles, a consumer bubble and a property bubble - what happens to bubbles?!!!
Add to that their outrageous public spending and it adds up to a government who were completely out of their depth and only in it for their own Investment Portfolios and Mega Bucks Income from the Lecture Circuit!!
southy
says...
12:31pm Wed 25 Jan 12
George4th wrote:The bubble was created in the 80's and as just got larger with time.
Linesman wrote:Do your homework Linesman. This country was already in economic decline BEFORE the global financial crisis. This country was already £600 Billion in DEBT and RISING! Vince Cable (and others) warned Labour and they took no notice!
aldermoorboy wrote:The International banking crisis, that had it's beginnings in America is the reason why Labour found itself in a hole because it had to bail out banks, building societies and even local councils that had put their money and faith in Icelandic banks.
Labour are a disgrace, for 13 years they spent more than we earned, now 64% of the UK INCOME IS SPENT ON INTEREST.
Why would anyone vote for them?
Yes, the country was in a hole under Labour, and that is the reason.
What I would like to know is, why the hell to Cameron & Co keep on digging?
We are now a trillion pounds in debt - £1,000,000,000,000 - AND THEY ARE STILL BORROWING!
You cannot blame Gordon Brown and Labour for that!
Labour created two bubbles, a consumer bubble and a property bubble - what happens to bubbles?!!!
Add to that their outrageous public spending and it adds up to a government who were completely out of their depth and only in it for their own Investment Portfolios and Mega Bucks Income from the Lecture Circuit!!
George4th
says...
2:39pm Wed 25 Jan 12
southy wrote:However you look at it, Labour screwed us and it will take a very long time to recover. And Labour increased the gap between the haves and the have nots - imagine how that will play out in the next 5 to 10 years...........
George4th wrote:The bubble was created in the 80's and as just got larger with time.
Linesman wrote:Do your homework Linesman. This country was already in economic decline BEFORE the global financial crisis. This country was already £600 Billion in DEBT and RISING! Vince Cable (and others) warned Labour and they took no notice!
aldermoorboy wrote:The International banking crisis, that had it's beginnings in America is the reason why Labour found itself in a hole because it had to bail out banks, building societies and even local councils that had put their money and faith in Icelandic banks.
Labour are a disgrace, for 13 years they spent more than we earned, now 64% of the UK INCOME IS SPENT ON INTEREST.
Why would anyone vote for them?
Yes, the country was in a hole under Labour, and that is the reason.
What I would like to know is, why the hell to Cameron & Co keep on digging?
We are now a trillion pounds in debt - £1,000,000,000,000 - AND THEY ARE STILL BORROWING!
You cannot blame Gordon Brown and Labour for that!
Labour created two bubbles, a consumer bubble and a property bubble - what happens to bubbles?!!!
Add to that their outrageous public spending and it adds up to a government who were completely out of their depth and only in it for their own Investment Portfolios and Mega Bucks Income from the Lecture Circuit!!
>
I asked some people what had Labour achieved during their tenure - can you imagine the replies?!
Lone Ranger.
says...
5:25pm Wed 25 Jan 12
George4th wrote:Well if you ask the questions at the Conservative Club its obvious what the replies will be.
southy wrote:However you look at it, Labour screwed us and it will take a very long time to recover. And Labour increased the gap between the haves and the have nots - imagine how that will play out in the next 5 to 10 years...........
George4th wrote:The bubble was created in the 80's and as just got larger with time.
Linesman wrote:Do your homework Linesman. This country was already in economic decline BEFORE the global financial crisis. This country was already £600 Billion in DEBT and RISING! Vince Cable (and others) warned Labour and they took no notice!
aldermoorboy wrote:The International banking crisis, that had it's beginnings in America is the reason why Labour found itself in a hole because it had to bail out banks, building societies and even local councils that had put their money and faith in Icelandic banks.
Labour are a disgrace, for 13 years they spent more than we earned, now 64% of the UK INCOME IS SPENT ON INTEREST.
Why would anyone vote for them?
Yes, the country was in a hole under Labour, and that is the reason.
What I would like to know is, why the hell to Cameron & Co keep on digging?
We are now a trillion pounds in debt - £1,000,000,000,000 - AND THEY ARE STILL BORROWING!
You cannot blame Gordon Brown and Labour for that!
Labour created two bubbles, a consumer bubble and a property bubble - what happens to bubbles?!!!
Add to that their outrageous public spending and it adds up to a government who were completely out of their depth and only in it for their own Investment Portfolios and Mega Bucks Income from the Lecture Circuit!!
>
I asked some people what had Labour achieved during their tenure - can you imagine the replies?!
.
Did you ask them what they thought of the success of the coalition after almost two years.
.
Did you ask them about the sleaze which is already impregnating the coalition MP's.
.
No !! ...... well i am surprised
Linesman
says...
7:42pm Wed 25 Jan 12
Lone Ranger. wrote:While you are about it, ask them what the country has got to show for the money they raised when they sold off Bitish Aerospace, Cable & Wireless, North Sea Oil (BNOC), British Gas, British Airways, British Steel, Water Utilities, British Coal and British Rail.
George4th wrote:Well if you ask the questions at the Conservative Club its obvious what the replies will be.
southy wrote:However you look at it, Labour screwed us and it will take a very long time to recover. And Labour increased the gap between the haves and the have nots - imagine how that will play out in the next 5 to 10 years...........
George4th wrote:The bubble was created in the 80's and as just got larger with time.
Linesman wrote:Do your homework Linesman. This country was already in economic decline BEFORE the global financial crisis. This country was already £600 Billion in DEBT and RISING! Vince Cable (and others) warned Labour and they took no notice!
aldermoorboy wrote:The International banking crisis, that had it's beginnings in America is the reason why Labour found itself in a hole because it had to bail out banks, building societies and even local councils that had put their money and faith in Icelandic banks.
Labour are a disgrace, for 13 years they spent more than we earned, now 64% of the UK INCOME IS SPENT ON INTEREST.
Why would anyone vote for them?
Yes, the country was in a hole under Labour, and that is the reason.
What I would like to know is, why the hell to Cameron & Co keep on digging?
We are now a trillion pounds in debt - £1,000,000,000,000 - AND THEY ARE STILL BORROWING!
You cannot blame Gordon Brown and Labour for that!
Labour created two bubbles, a consumer bubble and a property bubble - what happens to bubbles?!!!
Add to that their outrageous public spending and it adds up to a government who were completely out of their depth and only in it for their own Investment Portfolios and Mega Bucks Income from the Lecture Circuit!!
>
I asked some people what had Labour achieved during their tenure - can you imagine the replies?!
.
Did you ask them what they thought of the success of the coalition after almost two years.
.
Did you ask them about the sleaze which is already impregnating the coalition MP's.
.
No !! ...... well i am surprised
Personally, I can think of nothing.
I seem to recall that they lost most of it on Black Wednesday, 16 September, 1992.
What is a Con trick?
When someone or some body sells you something that you already own!
We, the British public owned these industries, and it was a CONservative Trick that sold them to us.
The latest Con Trick?
Considering allowing up to 50% of NHS beds to be used by the Private medicine.
Remind me. When electioneering, who said, "The NHS is safe in our hands."?
Linesman
says...
10:40pm Wed 25 Jan 12
Linesman wrote:Looks as if George has got no answers, bit like his namesake, George Osborne.
Lone Ranger. wrote:While you are about it, ask them what the country has got to show for the money they raised when they sold off Bitish Aerospace, Cable & Wireless, North Sea Oil (BNOC), British Gas, British Airways, British Steel, Water Utilities, British Coal and British Rail.
George4th wrote:Well if you ask the questions at the Conservative Club its obvious what the replies will be.
southy wrote:However you look at it, Labour screwed us and it will take a very long time to recover. And Labour increased the gap between the haves and the have nots - imagine how that will play out in the next 5 to 10 years...........
George4th wrote:The bubble was created in the 80's and as just got larger with time.
Linesman wrote:Do your homework Linesman. This country was already in economic decline BEFORE the global financial crisis. This country was already £600 Billion in DEBT and RISING! Vince Cable (and others) warned Labour and they took no notice!
aldermoorboy wrote:The International banking crisis, that had it's beginnings in America is the reason why Labour found itself in a hole because it had to bail out banks, building societies and even local councils that had put their money and faith in Icelandic banks.
Labour are a disgrace, for 13 years they spent more than we earned, now 64% of the UK INCOME IS SPENT ON INTEREST.
Why would anyone vote for them?
Yes, the country was in a hole under Labour, and that is the reason.
What I would like to know is, why the hell to Cameron & Co keep on digging?
We are now a trillion pounds in debt - £1,000,000,000,000 - AND THEY ARE STILL BORROWING!
You cannot blame Gordon Brown and Labour for that!
Labour created two bubbles, a consumer bubble and a property bubble - what happens to bubbles?!!!
Add to that their outrageous public spending and it adds up to a government who were completely out of their depth and only in it for their own Investment Portfolios and Mega Bucks Income from the Lecture Circuit!!
>
I asked some people what had Labour achieved during their tenure - can you imagine the replies?!
.
Did you ask them what they thought of the success of the coalition after almost two years.
.
Did you ask them about the sleaze which is already impregnating the coalition MP's.
.
No !! ...... well i am surprised
Personally, I can think of nothing.
I seem to recall that they lost most of it on Black Wednesday, 16 September, 1992.
What is a Con trick?
When someone or some body sells you something that you already own!
We, the British public owned these industries, and it was a CONservative Trick that sold them to us.
The latest Con Trick?
Considering allowing up to 50% of NHS beds to be used by the Private medicine.
Remind me. When electioneering, who said, "The NHS is safe in our hands."?
Torchie1
says...
11:34pm Wed 25 Jan 12
Linesman wrote:I can sense your frustration dear, it's almost palpable.
Linesman wrote:Looks as if George has got no answers, bit like his namesake, George Osborne.
Lone Ranger. wrote:While you are about it, ask them what the country has got to show for the money they raised when they sold off Bitish Aerospace, Cable & Wireless, North Sea Oil (BNOC), British Gas, British Airways, British Steel, Water Utilities, British Coal and British Rail.
George4th wrote:Well if you ask the questions at the Conservative Club its obvious what the replies will be.
southy wrote:However you look at it, Labour screwed us and it will take a very long time to recover. And Labour increased the gap between the haves and the have nots - imagine how that will play out in the next 5 to 10 years...........
George4th wrote:The bubble was created in the 80's and as just got larger with time.
Linesman wrote:Do your homework Linesman. This country was already in economic decline BEFORE the global financial crisis. This country was already £600 Billion in DEBT and RISING! Vince Cable (and others) warned Labour and they took no notice!
aldermoorboy wrote:The International banking crisis, that had it's beginnings in America is the reason why Labour found itself in a hole because it had to bail out banks, building societies and even local councils that had put their money and faith in Icelandic banks.
Labour are a disgrace, for 13 years they spent more than we earned, now 64% of the UK INCOME IS SPENT ON INTEREST.
Why would anyone vote for them?
Yes, the country was in a hole under Labour, and that is the reason.
What I would like to know is, why the hell to Cameron & Co keep on digging?
We are now a trillion pounds in debt - £1,000,000,000,000 - AND THEY ARE STILL BORROWING!
You cannot blame Gordon Brown and Labour for that!
Labour created two bubbles, a consumer bubble and a property bubble - what happens to bubbles?!!!
Add to that their outrageous public spending and it adds up to a government who were completely out of their depth and only in it for their own Investment Portfolios and Mega Bucks Income from the Lecture Circuit!!
>
I asked some people what had Labour achieved during their tenure - can you imagine the replies?!
.
Did you ask them what they thought of the success of the coalition after almost two years.
.
Did you ask them about the sleaze which is already impregnating the coalition MP's.
.
No !! ...... well i am surprised
Personally, I can think of nothing.
I seem to recall that they lost most of it on Black Wednesday, 16 September, 1992.
What is a Con trick?
When someone or some body sells you something that you already own!
We, the British public owned these industries, and it was a CONservative Trick that sold them to us.
The latest Con Trick?
Considering allowing up to 50% of NHS beds to be used by the Private medicine.
Remind me. When electioneering, who said, "The NHS is safe in our hands."?
Taskforce 141
says...
8:41am Thu 26 Jan 12
Shoong wrote:Its what your mummy strokes when daddy's away...
Taskforce 141 wrote:Nope, a recession is a recession.
Shoong wrote:No I didnt, and no doubt you will now say that recession is a technical term used for bla bla bla.
Taskforce 141 wrote:You did Advanced Economics at Uni then?
This talk of another recession cracks me up, because surely the evidence available indicates we are still in a recession!
The government has 'no money' the military are getting stripped down to bare-bones, businesses are folding, unemployment is going through the roof, property crime and fear of crime is up, properties are remaining vacant for long periods of time and the overall morale is **** dire!
whether politicians what to admit to it or not (to save face no doubt) they say we are out of a recession. I mean politicians wouldn't lie to us, would they?...
Most of the UK hear the word recession and understand there is naff all money and naff all jobs, with naff all prospects.
I'm glad you agree with my points, its just the technical jargon you require for your hard on is it?
What's a 'hard on'?
aldermoorboy
says...
9:34am Thu 26 Jan 12
Labour over saw the banks and have to take responsibility for EVERYTHING during their terrible 13 year reign of terror. Please never let them back in power.Tory/Libs are doing well under a very difficult situation ( like 1929 ).
Linesman
says...
9:58am Thu 26 Jan 12
aldermoorboy wrote:By the same token, Cameron & Co have to take responsibility for EVERYTHING since the last election.
Labour over saw the banks and have to take responsibility for EVERYTHING during their terrible 13 year reign of terror. Please never let them back in power.Tory/Libs are doing well under a very difficult situation ( like 1929 ).
If, as you appear to claim, Labour were responsible for the Banking crisis, which had it's roots in America, then, to be fair, Cameron has to be responsible for the Euro crisis.
When Cameron came to power, it was on the back of claims that we were in a financial hole, caused by excessive borrowing.
Under his leadership, we are in a deeper financial hole, have record debts of more than a TRILLION Pounds - £1,000,000,000,000 - and he is Still Borrowing.
If he was in such a financial hole, why the hell are they still digging?
Linesman
says...
10:16am Thu 26 Jan 12
Torchie1 wrote:It would appear that you also have no sensible answer.
Linesman wrote:I can sense your frustration dear, it's almost palpable.
Linesman wrote:Looks as if George has got no answers, bit like his namesake, George Osborne.
Lone Ranger. wrote:While you are about it, ask them what the country has got to show for the money they raised when they sold off Bitish Aerospace, Cable & Wireless, North Sea Oil (BNOC), British Gas, British Airways, British Steel, Water Utilities, British Coal and British Rail.
George4th wrote:Well if you ask the questions at the Conservative Club its obvious what the replies will be.
southy wrote:However you look at it, Labour screwed us and it will take a very long time to recover. And Labour increased the gap between the haves and the have nots - imagine how that will play out in the next 5 to 10 years...........
George4th wrote:The bubble was created in the 80's and as just got larger with time.
Linesman wrote:Do your homework Linesman. This country was already in economic decline BEFORE the global financial crisis. This country was already £600 Billion in DEBT and RISING! Vince Cable (and others) warned Labour and they took no notice!
aldermoorboy wrote:The International banking crisis, that had it's beginnings in America is the reason why Labour found itself in a hole because it had to bail out banks, building societies and even local councils that had put their money and faith in Icelandic banks.
Labour are a disgrace, for 13 years they spent more than we earned, now 64% of the UK INCOME IS SPENT ON INTEREST.
Why would anyone vote for them?
Yes, the country was in a hole under Labour, and that is the reason.
What I would like to know is, why the hell to Cameron & Co keep on digging?
We are now a trillion pounds in debt - £1,000,000,000,000 - AND THEY ARE STILL BORROWING!
You cannot blame Gordon Brown and Labour for that!
Labour created two bubbles, a consumer bubble and a property bubble - what happens to bubbles?!!!
Add to that their outrageous public spending and it adds up to a government who were completely out of their depth and only in it for their own Investment Portfolios and Mega Bucks Income from the Lecture Circuit!!
>
I asked some people what had Labour achieved during their tenure - can you imagine the replies?!
.
Did you ask them what they thought of the success of the coalition after almost two years.
.
Did you ask them about the sleaze which is already impregnating the coalition MP's.
.
No !! ...... well i am surprised
Personally, I can think of nothing.
I seem to recall that they lost most of it on Black Wednesday, 16 September, 1992.
What is a Con trick?
When someone or some body sells you something that you already own!
We, the British public owned these industries, and it was a CONservative Trick that sold them to us.
The latest Con Trick?
Considering allowing up to 50% of NHS beds to be used by the Private medicine.
Remind me. When electioneering, who said, "The NHS is safe in our hands."?
Lone Ranger.
says...
10:54am Thu 26 Jan 12
Linesman wrote:Did you expect one from him then ?
Torchie1 wrote:It would appear that you also have no sensible answer.
Linesman wrote:I can sense your frustration dear, it's almost palpable.
Linesman wrote:Looks as if George has got no answers, bit like his namesake, George Osborne.
Lone Ranger. wrote:While you are about it, ask them what the country has got to show for the money they raised when they sold off Bitish Aerospace, Cable & Wireless, North Sea Oil (BNOC), British Gas, British Airways, British Steel, Water Utilities, British Coal and British Rail.
George4th wrote:Well if you ask the questions at the Conservative Club its obvious what the replies will be.
southy wrote:However you look at it, Labour screwed us and it will take a very long time to recover. And Labour increased the gap between the haves and the have nots - imagine how that will play out in the next 5 to 10 years...........
George4th wrote:The bubble was created in the 80's and as just got larger with time.
Linesman wrote:Do your homework Linesman. This country was already in economic decline BEFORE the global financial crisis. This country was already £600 Billion in DEBT and RISING! Vince Cable (and others) warned Labour and they took no notice!
aldermoorboy wrote:The International banking crisis, that had it's beginnings in America is the reason why Labour found itself in a hole because it had to bail out banks, building societies and even local councils that had put their money and faith in Icelandic banks.
Labour are a disgrace, for 13 years they spent more than we earned, now 64% of the UK INCOME IS SPENT ON INTEREST.
Why would anyone vote for them?
Yes, the country was in a hole under Labour, and that is the reason.
What I would like to know is, why the hell to Cameron & Co keep on digging?
We are now a trillion pounds in debt - £1,000,000,000,000 - AND THEY ARE STILL BORROWING!
You cannot blame Gordon Brown and Labour for that!
Labour created two bubbles, a consumer bubble and a property bubble - what happens to bubbles?!!!
Add to that their outrageous public spending and it adds up to a government who were completely out of their depth and only in it for their own Investment Portfolios and Mega Bucks Income from the Lecture Circuit!!
>
I asked some people what had Labour achieved during their tenure - can you imagine the replies?!
.
Did you ask them what they thought of the success of the coalition after almost two years.
.
Did you ask them about the sleaze which is already impregnating the coalition MP's.
.
No !! ...... well i am surprised
Personally, I can think of nothing.
I seem to recall that they lost most of it on Black Wednesday, 16 September, 1992.
What is a Con trick?
When someone or some body sells you something that you already own!
We, the British public owned these industries, and it was a CONservative Trick that sold them to us.
The latest Con Trick?
Considering allowing up to 50% of NHS beds to be used by the Private medicine.
Remind me. When electioneering, who said, "The NHS is safe in our hands."?
.
After all it would have been a "first"
Linesman
says...
1:01pm Thu 26 Jan 12
Lone Ranger. wrote:Not really, but I live in hope.
Linesman wrote:Did you expect one from him then ?
Torchie1 wrote:It would appear that you also have no sensible answer.
Linesman wrote:I can sense your frustration dear, it's almost palpable.
Linesman wrote:Looks as if George has got no answers, bit like his namesake, George Osborne.
Lone Ranger. wrote:While you are about it, ask them what the country has got to show for the money they raised when they sold off Bitish Aerospace, Cable & Wireless, North Sea Oil (BNOC), British Gas, British Airways, British Steel, Water Utilities, British Coal and British Rail.
George4th wrote:Well if you ask the questions at the Conservative Club its obvious what the replies will be.
southy wrote:However you look at it, Labour screwed us and it will take a very long time to recover. And Labour increased the gap between the haves and the have nots - imagine how that will play out in the next 5 to 10 years...........
George4th wrote:The bubble was created in the 80's and as just got larger with time.
Linesman wrote:Do your homework Linesman. This country was already in economic decline BEFORE the global financial crisis. This country was already £600 Billion in DEBT and RISING! Vince Cable (and others) warned Labour and they took no notice!
aldermoorboy wrote:The International banking crisis, that had it's beginnings in America is the reason why Labour found itself in a hole because it had to bail out banks, building societies and even local councils that had put their money and faith in Icelandic banks.
Labour are a disgrace, for 13 years they spent more than we earned, now 64% of the UK INCOME IS SPENT ON INTEREST.
Why would anyone vote for them?
Yes, the country was in a hole under Labour, and that is the reason.
What I would like to know is, why the hell to Cameron & Co keep on digging?
We are now a trillion pounds in debt - £1,000,000,000,000 - AND THEY ARE STILL BORROWING!
You cannot blame Gordon Brown and Labour for that!
Labour created two bubbles, a consumer bubble and a property bubble - what happens to bubbles?!!!
Add to that their outrageous public spending and it adds up to a government who were completely out of their depth and only in it for their own Investment Portfolios and Mega Bucks Income from the Lecture Circuit!!
>
I asked some people what had Labour achieved during their tenure - can you imagine the replies?!
.
Did you ask them what they thought of the success of the coalition after almost two years.
.
Did you ask them about the sleaze which is already impregnating the coalition MP's.
.
No !! ...... well i am surprised
Personally, I can think of nothing.
I seem to recall that they lost most of it on Black Wednesday, 16 September, 1992.
What is a Con trick?
When someone or some body sells you something that you already own!
We, the British public owned these industries, and it was a CONservative Trick that sold them to us.
The latest Con Trick?
Considering allowing up to 50% of NHS beds to be used by the Private medicine.
Remind me. When electioneering, who said, "The NHS is safe in our hands."?
.
After all it would have been a "first"
Linesman
says...
1:01pm Thu 26 Jan 12
Lone Ranger. wrote:Not really, but I live in hope.
Linesman wrote:Did you expect one from him then ?
Torchie1 wrote:It would appear that you also have no sensible answer.
Linesman wrote:I can sense your frustration dear, it's almost palpable.
Linesman wrote:Looks as if George has got no answers, bit like his namesake, George Osborne.
Lone Ranger. wrote:While you are about it, ask them what the country has got to show for the money they raised when they sold off Bitish Aerospace, Cable & Wireless, North Sea Oil (BNOC), British Gas, British Airways, British Steel, Water Utilities, British Coal and British Rail.
George4th wrote:Well if you ask the questions at the Conservative Club its obvious what the replies will be.
southy wrote:However you look at it, Labour screwed us and it will take a very long time to recover. And Labour increased the gap between the haves and the have nots - imagine how that will play out in the next 5 to 10 years...........
George4th wrote:The bubble was created in the 80's and as just got larger with time.
Linesman wrote:Do your homework Linesman. This country was already in economic decline BEFORE the global financial crisis. This country was already £600 Billion in DEBT and RISING! Vince Cable (and others) warned Labour and they took no notice!
aldermoorboy wrote:The International banking crisis, that had it's beginnings in America is the reason why Labour found itself in a hole because it had to bail out banks, building societies and even local councils that had put their money and faith in Icelandic banks.
Labour are a disgrace, for 13 years they spent more than we earned, now 64% of the UK INCOME IS SPENT ON INTEREST.
Why would anyone vote for them?
Yes, the country was in a hole under Labour, and that is the reason.
What I would like to know is, why the hell to Cameron & Co keep on digging?
We are now a trillion pounds in debt - £1,000,000,000,000 - AND THEY ARE STILL BORROWING!
You cannot blame Gordon Brown and Labour for that!
Labour created two bubbles, a consumer bubble and a property bubble - what happens to bubbles?!!!
Add to that their outrageous public spending and it adds up to a government who were completely out of their depth and only in it for their own Investment Portfolios and Mega Bucks Income from the Lecture Circuit!!
>
I asked some people what had Labour achieved during their tenure - can you imagine the replies?!
.
Did you ask them what they thought of the success of the coalition after almost two years.
.
Did you ask them about the sleaze which is already impregnating the coalition MP's.
.
No !! ...... well i am surprised
Personally, I can think of nothing.
I seem to recall that they lost most of it on Black Wednesday, 16 September, 1992.
What is a Con trick?
When someone or some body sells you something that you already own!
We, the British public owned these industries, and it was a CONservative Trick that sold them to us.
The latest Con Trick?
Considering allowing up to 50% of NHS beds to be used by the Private medicine.
Remind me. When electioneering, who said, "The NHS is safe in our hands."?
.
After all it would have been a "first"
Taskforce 141 says...
9:46am Wed 25 Jan 12
The government has 'no money' the military are getting stripped down to bare-bones, businesses are folding, unemployment is going through the roof, property crime and fear of crime is up, properties are remaining vacant for long periods of time and the overall morale is **** dire!
whether politicians what to admit to it or not (to save face no doubt) they say we are out of a recession. I mean politicians wouldn't lie to us, would they?...