@JohnRentoul I agree with most of what you’ve said here but you’re way off on railways. We already subsidised to tune of 40% when privatised. It’s not a money making enterprise. Mainland Europe subsidise up to 80% - and for good reason as wider economic benefit is tangible.
@alexanderrX_ A tremendous success story for sure. Interesting to consider if it could be replicated. But there are only so many business districts you need in one city which gives them an immediate edge.
@Gav_Griffiths There’s nothing wrong with seeing bottom of barrel jobs disappear if it forces business into innovations. We’ve relied on low-skilled migration for too long.
@NicholasTyrone This favours Lab vs Tory given they have many more seats currently. You’re likely to see Green and LD voters also hold their nose in this scenario.
@NicholasTyrone I’m not convinced. By the time an election comes round there’ll be a strong ‘Anyone but Farage’ contingent. Starmer is even now usually ahead on Best PM vs Farage. I think you’d get a scenario where people hold their nose and vote Lab or Tory to keep Nige out.
@Pyrrrhos The response to this funding tells us exactly why building infrastructure and housing is so difficult in this country. People will try to oppose anything. Utterly bizarre. Creates jobs, raises tax revenue, brings tourism.
@ThomasWBurberry@SoBrittlish@SkyNews Suppliers paying VAT, hotels paying taxes, taxes from nearby businesses benefiting… And in any case as I said before the £50bn isn’t projected from tax, it’s the wider halo effect. Also the £1.3bn is infrastructure around the site, not a cheque to Universal.
@ThomasWBurberry@SoBrittlish@SkyNews You guys are living in Cloud Cuckoo Land. You can’t move your uk theme park staff to Luxembourg or ticketing to Ireland. Tax revenue guaranteed: corporation tax, employer NICs, employee income tax, employee NICs, VAT on spending, business rates, construction taxes…
@ThomasWBurberry@SoBrittlish@SkyNews Be pretty hard to avoid paying taxes on a theme park that’s literally in the UK. Anyhow the £50bn return is overall halo effect.
@densusa@JohnRentoul What makes you think May orchestrated it? By the way even with vastly reduced migration under Labour the top inward nationalities remain India, Pakistan, Nigeria. We need an honest conversation about whether we shd at least ‘prefer’ EU migrants in points system.