Interest rates - impact of 45% u turn

sevenhills

Malthusian said:

All I see from your data is further evidence that the UK spends more on healthcare than any other country in the developed world to have the sickest population in the developed world.

You are very wrong again, healthcare spending GDP 

DoublePolaroid

The NHS can be seen, via various Commonwealth Fund reports which can be easily Googled, to be one of the more efficient health services in developed countries, in the face of relative underfunding, itself illustrated in the post directly above. 

The health of a population though is not simply a function of the quality of the health service. The prevailing lifestyle choices of the population come into it. If three quarters of 45-74 year olds are overweight or obese (as they are in the U.K.) then it’s not surprising if their health is worse than comparable countries with a lower pie munching coefficient. The corollary of this is that assuming equally effective health services, a country with an unhealthier population will have to spend more money per capita to achieve similar outcomes (where that is biologically possible).  

MK62

That made me chuckle.... "pie munching coefficient".......perhaps you should approach the ONS for it's inclusion in official stats..... 

Frequentlyhere

Exodi said:

I don't know if it's fair to say her ministers are 'lining up'? You mention the BBC, yet on the front page you see the below - It's certainly not as cut and dry as you make out.

Well that's the way I perceive it. If you have 2 cabinet ministers, Gove and a prior recent policy promise then I think it very unlikely, regardless of the merits.

Further, this morning: "former work and pensions secretary Damian Green told the BBC the policy would "probably not" get through the Commons." 

Yes there are countering voices, there always are. Of course the Iron Weathervane could surprise me, but at the moment it only looks increasingly likely for that notion to be shelved IMHO. I could be wrong, this is just us bantering, but I feel it a very likely event personally.

Re: what I was saying about each battleground coming up in turn, they're now going for the State pension age I see. I'm not caught up, so not sure if there's any dissent as of yet, but I imagine that will follow the same course.

On that front, my own opinion is that it's a ridiculous state of affairs to be considering raising the SP age just to pay for some corporate tax cuts for which there's very little evidence whatsoever of potential to 'unleash growth".

edit: I suppose if I had to express any doubt about them not backing down on benefits, then perhaps it's just that they're so so screwed with the electorate that they might as well. Though, as per the above, it sounds like it might not even make it through the commons regardless.

MK62

TBH, you would have thought a new PM would have at least tested the water on the QT, so to speak, to see if the governing party's own MPs would support the sort of changes which have been, and/or appear to be, under consideration. If Ms Truss isn't careful, she could quickly become something of a "lame duck" PM...."in office, but not in power" as they say.......and the sad thing is, this "mess" was all so avoidable.

Bring back Boris.....

Stevo_safc

Is it looking like the next rate review will be in November now? There was talk of an emergency review after the mini budget but seems to have gone quiet on that?

aroominyork

MiserlyMartin said:

aroominyork said:

MiserlyMartin said:

The way we are going the country should now ask for a bailout from the countries who have been in receipt of our foriegn aid money for all this time. They certainly have better healthcare and infrastucture eg roads than the UK does. At least you can access a doctor and dentist there.

What total nonsense. I think you are getting confused with adverts offering dental work in Hungary.

Seems that you need to get out of the country more. Pretty much all of the EU countries even the poorer ones have perfect roads, and then I come back to third world roads in the UK, potholed bumpy tracks. I walked into a 24 hour dentist place and saw the prices, a fraction of what we pay. I could have been seen the next day. Countries outside the EU are even better.

So you were making a Brexiteer joke that EU countries were recipients of UK aid spending. OK, that's quite funny, but you needed to explain it a little better.