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Thread: Increase the Minimum Wage

  1. #11
    Join Date
    Dec 2014
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    Quote Originally Posted by 9goals2hattricks3pen View Post
    "Growth has to improve, right now it is much slower than the US, France, Germany who are all ahead of us in this regard"

    er not true. UK had the highest growth rate of ANY G7 nation in the last 12 months (about double that of France and Germany.) Source OECD
    These figures are skewed because of the Pandemic. Take an average since the Brexit vote.

  2. #12
    Quote Originally Posted by WBA123 View Post
    These figures are skewed because of the Pandemic. Take an average since the Brexit vote.
    Oh so now you want to pick a time period that suits your argument taking no account of any skewering that disagrees. The growth figures since we LEFT the UK are the highest of the G7. I'll selectively choose that one.

    The IMF predicts the UK will have the 5th highest growth in the G7 in the next few years. Price Waterhouse Cooper predict the UK will have the HIGHEST growth rate of the G7 between now and 2050.

    All this tells anyone with any sense that NO ONE can say with any certainty whether Brexit will benefit the UK economy or not. I think it can if we take advantage of some of the opportunities Brexit offers. You seem to know it couldn't possibly and post at best disingenuous facts to support your rabid belief Brexit was a mistake.

  3. #13
    Join Date
    Jun 2010
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    Quote Originally Posted by WBA123 View Post
    I don't think the solution is as easy as just to increase the minimum wage. I saw some in Labour a while ago asking for £15 per hour minimum wage, and their fiscal understanding genuinely scares me.

    There is no quick fix to this, but the overwhelming answer is to proactively support and invest in business in the UK. This Government is severely lacking and have only done the opposite to this.

    Growth has to improve, right now it is much slower than the US, France, Germany who are all ahead of us in this regard. If business productivity and growth improves then we can control inflation and interest rates better. And despite Brexit being a blocker, which has undoubtedly damaged business interests in this country. We're unlikely to be able to change that now for maybe a generation. So in the meantime, we need to invest in new industry sectors, so that our children and grandchildren have high skilled and well paid jobs available when they enter the workplace.

    However, when you have a PM who when asked about the disruption Brexit would cause said F*** business, then what hope do you have.

    Might not be so easy to increase the minimum wage but in my town - many businesses are increasing the minimum wage themselves be paying around another £5 per hour on top! Why you may ask? To have the luxury of having staff and being operational so they don’t lose a days takings. Large chains like Cafe Nero won’t offer any wage increase in one area and not another but their loss! For three weeks now Cafe Nero and other chains have been closed on the busiest days - Saturday due to no staff!

    Individuals see their costs hugely increasing ( food, petrol and energy ) so naturally there’s no loyalty and they will work where they are offered more money in a jobs shortage! There’s one winner and one big loser in this! Some other businesses will and do pay part time staff cash in hand to save on taxation!

  4. #14
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    Dec 2014
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    Quote Originally Posted by 9goals2hattricks3pen View Post
    Oh so now you want to pick a time period that suits your argument taking no account of any skewering that disagrees. The growth figures since we LEFT the UK are the highest of the G7. I'll selectively choose that one.

    The IMF predicts the UK will have the 5th highest growth in the G7 in the next few years. Price Waterhouse Cooper predict the UK will have the HIGHEST growth rate of the G7 between now and 2050.

    All this tells anyone with any sense that NO ONE can say with any certainty whether Brexit will benefit the UK economy or not. I think it can if we take advantage of some of the opportunities Brexit offers. You seem to know it couldn't possibly and post at best disingenuous facts to support your rabid belief Brexit was a mistake.
    I'm not sure where you are getting your figures from, but we are 5th in terms of growth since we left the EU, behind USA, Germany and France. This is what the OBR said;
    But UK growth has slowed since the vote, and has been much weaker than anticipated in our final pre-referendum forecast in March 2016, compared with growth in the US and Canada.


    Being 5th out of 7 isn't something to shout about, in my view. As for your last paragraph. No one can say with certainty the effects of Brexit, I'm glad you seem like a positive person - but I have to wonder when you're going to pull your head out of the sand? Just check out our own Govt's impact assessments re Brexit. They don't make happy reading.

    And while I'm here, let me selectively give you some statements and figures.
    - The bank of America recently said GBP was facing an 'existential crisis' and acting more like an emerging market currency, with BoE not acknowledging the impact of Brexit.
    - We have the highest inflation in the G7.
    - Brexit is costing us £9bn per year according to the OBR, or £175 per week. So much for that extra £350m per week for the NHS.
    - A commons committee said the only detectable impact of Brexit so far was more paperwork, costs and delays at the border.
    - HMRC estimate it will cost UK business an extra 15bn per year in admin costs for UK-EU trade.
    - And it appears we want to start a trade war with the EU over Northern Ireland, thanks to our 'oven ready deal' - which isn't oven ready at all.
    Last edited by WBA123; 01-06-2022 at 07:05 AM.

  5. #15
    Join Date
    Jul 2011
    Posts
    11,776
    Never really understood the attraction of places like Caffe Nero, Costa or Starbucks. They're s hit.

    If you want a coffee have one before leaving the house. Far cheaper and generally better tasting.

    Yet to hear of anyone dropping dead on the way to work due to caffeine deficiency.

    Heard of plenty of fat fkrs addicted to chain bought coffees and their accompaniments though.

    Take some water and pre prepared food ffs. Takes less time to prepare than waiting in a queue and cheaper.

    Times is 'ard.

  6. #16
    Quote Originally Posted by WBA123 View Post
    I'm not sure where you are getting your figures from, but we are 5th in terms of growth since we left the EU, behind USA, Germany and France. This is what the OBR said;
    But UK growth has slowed since the vote, and has been much weaker than anticipated in our final pre-referendum forecast in March 2016, compared with growth in the US and Canada.


    Being 5th out of 7 isn't something to shout about, in my view. As for your last paragraph. No one can say with certainty the effects of Brexit, I'm glad you seem like a positive person - but I have to wonder when you're going to pull your head out of the sand? Just check out our own Govt's impact assessments re Brexit. They don't make happy reading.

    And while I'm here, let me selectively give you some statements and figures.
    - The bank of America recently said GBP was facing an 'existential crisis' and acting more like an emerging market currency, with BoE not acknowledging the impact of Brexit.
    - We have the highest inflation in the G7.
    - Brexit is costing us £9bn per year according to the OBR, or £175 per week. So much for that extra £350m per week for the NHS.
    - A commons committee said the only detectable impact of Brexit so far was more paperwork, costs and delays at the border.
    - HMRC estimate it will cost UK business an extra 15bn per year in admin costs for UK-EU trade.
    - And it appears we want to start a trade war with the EU over Northern Ireland, thanks to our 'oven ready deal' - which isn't oven ready at all.
    I told you where I got my figures from. And for every negative you've quoted I could give you a positive both fact and forecast. One thing I've learned over the years is to take predictions from so called financial 'experts' with a huge pinch of salt. There are plenty of examples of them getting it wrong on both sides since 2016.

    I think it was right for us to leave but that doesn't mean I think it we did a good job of leaving. I think we handled it appallingly for which I primarily blame Teresa May.

    I'll finish with perhaps something we can agree on. I posted in 2016 'The biggest threat to the UK from Brexit is it could leave us with either a Boris Johnson or Jeremy Corbyn Government'

  7. #17
    Join Date
    Dec 2014
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    Quote Originally Posted by 9goals2hattricks3pen View Post
    I told you where I got my figures from. And for every negative you've quoted I could give you a positive both fact and forecast. One thing I've learned over the years is to take predictions from so called financial 'experts' with a huge pinch of salt. There are plenty of examples of them getting it wrong on both sides since 2016.

    I think it was right for us to leave but that doesn't mean I think it we did a good job of leaving. I think we handled it appallingly for which I primarily blame Teresa May.

    I'll finish with perhaps something we can agree on. I posted in 2016 'The biggest threat to the UK from Brexit is it could leave us with either a Boris Johnson or Jeremy Corbyn Government'
    You're sounding more and more confused with each post. But I'm glad Michael Gove has convinced you not to listen to experts anymore. That will make your life much easier, I'm sure.

    So Theresa May is now the scapegoat. Good God. Easy enough questions for you to answer then, what would you have done differently during the leaving process? And how would you resolve the Northern Ireland issue?

    I see Nigel Farage campaigned for this mess, but didn't once write down in a manifest or white paper re what he would do in the event of Leave winning the referendum - or since. Why do you think he hasn't? I'll tell you why, because leaving the EU doesn't stand up to scrutiny when its written down.

    All Leave voters voted for was a load of undefined waffle. Now we have a Brexit which you say yourself you haven't voted for, or didn't foresee. So how is this Brexit deal the 'democratic will of the people'? When Brexit meant different things to different Leave voters.

    Some Leave commentators said we wouldn't leave the Single Market. Incidentally, would you be in favour of re-joining the SM now? I see the Tory MP Tobias Ellwood has mooted it recently. It would at least ease some of the pain Leaving has caused and solve the NI issue.

  8. #18
    Join Date
    Aug 2011
    Posts
    15,895
    The pensions have gone up, and they are thinking of putting them up again. My works one is index linked as well.
    Free travel, free prescriptions winter heating allowance, discount on season tickets and other places.
    Never been so well off.
    Only fools and horses work.

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