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The EU won't be beastly to us because...
To do so would be in breach of Article 8 of the Lisbon Treaty. Here it is verbatim: Lisbon Article 8 1. The Union shall develop a special relationship with neighbouring countries, aiming to establish an area of prosperity and good neighbourliness, founded on the values of the Union and characterised by close and peaceful…
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Are UKIP finished?
If the party's leader can't beat a Labour candidate who called Brexit "a steaming pile of 5h it" in a seat which was the capital of Brexit, where can they win?
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Rbs
Not sure what there is to discuss really... but !!!!!! is going on? Almost ten years on from Lehmann's and no profit. Multi-billions in losses. Little prospect of it being returned to private ownership for years to come. I was broadly supportive of the bailouts at the time, but I think it will go down in history as a huge…
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Sovereign wealth funds could replace tax
If government (s) were able to put a sufficient amount into a sufficiently aggressive sovereign wealth fund they could solve their deficits and even reduce or eventually eliminate tax. Government wouldn't be running these companies and could have income from abroad. It would reduce market opportunities for individuals…
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Has anyone changed their mind about Brexit?
We see a lot of angry shouting about Brexit, with neither side seemingly being willing to accept any other views. Has anyone, since voting, changed their view, be it from Leave to Remain, or Remain to Leave? Can you explain why? EDIT: The 2nd question should be "Yes, I'm now against it".
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House Market Quiet
Is anyone else finding the market is really quiet at the minute?
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Quiet crisis: why battle to prop up Italy's banks is vital to EU stability
Forget Brexit or Grexit, €360bn of bad loans within a fragmented Italian banking sector could be the biggest threat of all Even a “small crisis” could trigger a chain of events that would threaten the stability of the European Union, the credit ratings agency Moody’s has said. Brexit – if the UK votes to leave the…
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Is Saving Stream really safe?
Hi im putting this post on this part of the forum as its more of a debate. I went through the details of SS in terms of accounting and company risks. I think the general consensus between people on this forum and elsewhere is that its relatively safe platform although of course there is borrower risk (which can be…
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Brexiters are the true progressives now
The progressives are the people in places like Stoke. It is they who are open-minded and politically brave and trusting in democracy, so much so that they defied all expert diktats and in their thousands put an X against Brussels and for popular sovereignty in the EU referendum last year. It’s Labour’s metropolitan…
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The finances of an Independent Scotland.
As we all know Scotland has a significant budget deficit problem that is currently an impediment to independence. The purpose of this thread is to discuss in broad terms what that deficit looks like and what potential solutions may exist - and also to look at the currency options for an indy Scotland. The deficit.…
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Our National Debt
https://www.thecanary.co/2017/02/06/tory-mp-late-deleting-online-post-revealing-secret-heart-party-image/ Some fascinating figures that dispel some widely-held misconceptions about supposed fiscal responsibility
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Fair trade
Not something that is often discussed here so thought I'd start a thread. I just watched the excellent documentary Black Gold, about Ethiopian coffee producers. It is currently free on Amazon Prime and well worth a watch. The coffee produced in the movie is widely regarded as among the finest in the world. Companies like…
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JRF say only top 20% of earners can acheive a minimum acceptable standard of living
I feel this thread needs a face palm smiley. It sems the esteemed Joseph Roundtree Foundation went out ansd asked people what they though a 'minimum acceptable standard of living' consisted of. Plugging inot their calculator my household (2 adults, 3 kids) requires the single earner to be on £61,000 pa to acheive this…
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Generational Inequality
AKA the ruggedtoast memorial thread. Some older people's reply to what they think of ruggedtoast being PPR'd There is an interesting new report out from the Resolution Foundation: http://www.resolutionfoundation.org/app/uploads/2017/02/IC-intra-gen.pdf This is the graph that really stood out for me. Compares incomes after…
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Massive Wood Green development on BBC radio London
About 20 mins in .... http://www.bbc.co.uk/programmes/p04rhywl
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Interesting TV programme
In case anyone's interested, After Brexit is being repeated tonight at 10 p.m. on BBC 4. I missed it the first time around and it wasn't available on iPlayer, so will watch it tonight. It is meant to be interesting. :D
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Sale and Rent Back
Hi, Last year we had put our house on the market (detached bungalow, Torbay/Devon, 2 bedrooms, open plan with sea view and large new conservatory) to release equity for funding our business. Originally we intended selling the house and moving somewhere else, but since we couldn't find a suitable and affordable alternative…
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How to own a home by the age of 25
Did anyone read this article on the BBC News website yesterday? http://www.bbc.co.uk/news/uk-38564137 It irked me a bit because every case was exactly the same. Couples, dual-income-no-kids, who were able to live with their parents whilst continuing to save. Yes it's great that they had a goal and achieved it but I would…
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Charlie Mullins of Pimilico Plumbers
As most people know, Charlie Mullins is an outspoken Remainer & bankrolled the successful legal bid to give Parliament Brexit vote. So I was somewhat surprised to read today of his less successful legal exploits regarding the poor chumps he employs:…
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London booming the north sinking
This should be no surprise but here is a report from December last year showing some data http://researchbriefings.parliament.uk/ResearchBriefing/Summary/SN05795 2009-2015 London up 13.1% UK up 5.2% NI down 3.8% This is in real terms so takes inflation out of the picture With regards to house prices they would act to a…