Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Where will the cuts fall

11314151719

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Generali wrote: »

    As the UK doesn't seem to be building an empire, history tells us that if the debt continues to rise then default is the most likely next step.

    And financial history is littered with such examples. More than people seem to realise.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    And financial history is littered with such examples. More than people seem to realise.

    Indeed. Most industrialised countries defaulted in the 1930s for example. Greece has spent more of the past 150 years in default than out of it:eek:.
  • michaels
    michaels Posts: 29,136 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Thrugelmir wrote: »
    Central Government could learn a lot from the outsourcing providers. Arguably the work could then be retained in house. Rather than contracting out.

    In the prisons, the govt ran 'competitions' to see who would run some prisons. The existing public sector management/staff were allowed to bid and generally somehow managed to offer to go from 'business as usual' costing double digit percent more than the private sector bids to very close to the private sector bids.

    In the light of this rather than going through the time and expense of competing all the prisons (which then comes with all the contractual issues of a private supplier), the cost reductions identified in the bidding process in the public sector bids were turned into a new operating model and rolled out through out the estate, resulting in the large savings per prisoner being demanded by the treasury being met ahead of schedule.
    I think....
  • BobQ
    BobQ Posts: 11,181 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    michaels wrote: »
    In the prisons, the govt ran 'competitions' to see who would run some prisons. The existing public sector management/staff were allowed to bid and generally somehow managed to offer to go from 'business as usual' costing double digit percent more than the private sector bids to very close to the private sector bids.

    In the light of this rather than going through the time and expense of competing all the prisons (which then comes with all the contractual issues of a private supplier), the cost reductions identified in the bidding process in the public sector bids were turned into a new operating model and rolled out through out the estate, resulting in the large savings per prisoner being demanded by the treasury being met ahead of schedule.

    Such a policy might work once but what private firm would be willing to incur expensive bid costs for future competitions if they were just being used to baseline public sector costs? Also how could public sector policy of fair competition be sustained if it issued invitations to tender without much likelihood of a contract being placed unless you significantly undercut an in house bid?
    Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    BobQ wrote: »
    Such a policy might work once but what private firm would be willing to incur expensive bid costs for future competitions if they were just being used to baseline public sector costs? Also how could public sector policy of fair competition be sustained if it issued invitations to tender without much likelihood of a contract being placed unless you significantly undercut an in house bid?

    What you say is true but doesn't match what michaels is saying.

    You can't set up a bidding process which guarantees an outcome for one of the bidders. I think this is a great idea as it keeps the bidders honest. I have heard several Government suppliers say that they load Government bids to make them higher than they would otherwise be in the knowledge that everyone is doing the same thing. This is a way of stopping that.
  • Tromking
    Tromking Posts: 2,691 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    michaels wrote: »
    In the prisons, the govt ran 'competitions' to see who would run some prisons. The existing public sector management/staff were allowed to bid and generally somehow managed to offer to go from 'business as usual' costing double digit percent more than the private sector bids to very close to the private sector bids.

    In the light of this rather than going through the time and expense of competing all the prisons (which then comes with all the contractual issues of a private supplier), the cost reductions identified in the bidding process in the public sector bids were turned into a new operating model and rolled out through out the estate, resulting in the large savings per prisoner being demanded by the treasury being met ahead of schedule.

    You fail to mention that most prisons in England and Wales are now providing a total basket case service of course.
    Any idiot can reduce the head count of frontline staff and boast that large savings per prisoner are being made.
    “Britain- A friend to all, beholden to none”. 🇬🇧
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Tromking wrote: »
    You fail to mention that most prisons in England and Wales are now providing a total basket case service of course.


    On what basis?
  • Tromking
    Tromking Posts: 2,691 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    “Britain- A friend to all, beholden to none”. 🇬🇧
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Tromking wrote: »

    It doesn't seem that damning TBH apart from the increased suicides. That's more a reflection of all societies that I have seen that treat mental illness as a criminal rather than a health problem.
  • Tromking
    Tromking Posts: 2,691 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Generali wrote: »
    It doesn't seem that damning TBH apart from the increased suicides. That's more a reflection of all societies that I have seen that treat mental illness as a criminal rather than a health problem.

    I would politely suggest that you have not scrutinised the select committees findings close enough. You can take it or leave it, our prisons are in crisis.
    “Britain- A friend to all, beholden to none”. 🇬🇧
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.5K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.