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General Election 12 December.

nikki-red

This is NOT to become a second Brexit thread.

Thank you.

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1 hour ago, Pettytom said:

It is quite a big hole, but here we go again chucking silly numbers around like they need to be paid for immediately.

 

The waspi women have been shabbily treated and it is right that they should get their pension entitlement reinstated. 
 

The money will need paying over the next 20-30 years, which in the region of £2bn a year. A lot of money, but not terrifyingly so.

 

Sometimes you just have to do the right thing.

sorry I have missed something .......where does payment over 20/30/years come into it?

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13 hours ago, Mister Gee said:

 

When it comes to tax and Labour this would be more appropriate:

 

 

 

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Interesting that Labour has announced steps to compensate the WASPI woman but their renationalisation plans could affect the pensions of current workers.  Businesses are already taking precautions against a Lab Govt. 

 

https://www.bbc.co.uk/news/business-50536205

 

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Boris still hammering his “Get Brexit Done”slogan at every opportunity,as though it can be “done” in days or weeks.

This unnecessary saga will drag on for years with many casualties along the way.

 

 

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Strange?  I thought Ms Swinson was nailing herself to be odds-on favourite to be the PM? 

 

https://www.telegraph.co.uk/politics/2019/11/24/boris-johnson-course-win-general-election-says-jo-swinson-three/

 

Nearly as funny as the Lib Dems, Chukka Umunna stating on the radio yesterday that the Lib Dems only had to win another 310 seats & they'd be in power. 

 

Ho, hi, ha, ha.  Stop it Chukka, you're killing me. 

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28 minutes ago, Baron99 said:

Interesting that Labour has announced steps to compensate the WASPI woman but their renationalisation plans could affect the pensions of current workers.  Businesses are already taking precautions against a Lab Govt. 

 

https://www.bbc.co.uk/news/business-50536205

 

That sort of thing just makes it more necessary to take ownership of our power generation 

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40 minutes ago, Pettytom said:

That sort of thing just makes it more necessary to take ownership of our power generation 

You take ownership of the assets, you also take ownership of the liabilities. 

 

Have Lab costed not only buying the businesses, which they appear to have undervalued but also paying off shareholders, (don't think Govt Bonds will wash at a return of 2% when the shares in many of the companies are running at 7%), as well as maintaining the pension funds for the workers involved.

 

There is also the pension funds of millions of other workers to think of which are currently invested in these large multi-nationals. 

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40 minutes ago, Baron99 said:

You take ownership of the assets, you also take ownership of the liabilities. 

 

Have Lab costed not only buying the businesses, which they appear to have undervalued but also paying off shareholders, (don't think Govt Bonds will wash at a return of 2% when the shares in many of the companies are running at 7%), as well as maintaining the pension funds for the workers involved.

 

There is also the pension funds of millions of other workers to think of which are currently invested in these large multi-nationals. 

Any fund manager who doesn’t want a bond at 2% can sell and buy other shares.

 

The best funds have a mix of assets though. Don’t forget that.

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5 hours ago, Pettytom said:

It is quite a big hole, but here we go again chucking silly numbers around like they need to be paid for immediately.

 

The waspi women have been shabbily treated and it is right that they should get their pension entitlement reinstated. 
 

The money will need paying over the next 20-30 years, which in the region of £2bn a year. A lot of money, but not terrifyingly so.

 

Sometimes you just have to do the right thing.

Is it over 20-30 years? 

 

Labour said it would make individual payments of an average of £15,380 to the 3.7 million women it claims were affected, with some payouts as high as £31,300. It doesn't suggest these would be spread out over 30 years unless they've just not mentioned that detail..

Edited by Robin-H

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3 hours ago, Robin-H said:

Is it over 20-30 years? 

 

Labour said it would make individual payments of an average of £15,380 to the 3.7 million women it claims were affected, with some payouts as high as £31,300. It doesn't suggest these would be spread out over 30 years unless they've just not mentioned that detail..

It said over 5 years on the news earlier today. Regardless, the amount is chicken feed compared to the hit the government's finances will take with Boris's hard brexit.

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3 hours ago, Robin-H said:

Is it over 20-30 years? 

 

Labour said it would make individual payments of an average of £15,380 to the 3.7 million women it claims were affected, with some payouts as high as £31,300. It doesn't suggest these would be spread out over 30 years unless they've just not mentioned that detail..

My mistake, apologies for that. 
The payments are spread over 5 years. 
 

It is still the right thing to do The state grabbing so much from a group of pensioners is palpably wrong and needs sorting out. It is Lib Dem policy to do so too

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