@anthonybakker3@PerBylund I think what is happening is companies respond according to the actual and anticipated conditions within the regulatory framework. Govts always make things worse. Always. No exceptions ever. The alternative scenario is hypothetical only.
@pedro118118@tomhfh Wholly agree on reducing public spending. The Tories havent been in power since about 1992. It was the ConSocialists between 2010 and 2024
@pedro118118@tomhfh Our only way out of this Socialist nivarna is to pursue growth... or steal even more from the poor taxpayer (devaluation). But if you want to make voluntary additional contributions to HMRC be my guest.
@Tom_King_Boss@tomhfh Anything that remains under Govt. ownership will always be a catastrophic mess and cost the taxpayer dearly. The idea that any Govt run organisation would earns billions for us requires a complete suspension of reality. Selling off dead weights was an inspired decision.
@DamianPudner@GreatBritishTT@yarwoodwilliam So thats a (roughly) 30% increase on the annual cost of borrowing at today's prices. Jesus! Bring back Liz Truss (her growth policies would have won out in the longer term). And it'll get worse once 2-tier has gone. Sovereign debt crisis here we come.