Hardly anyone here is. Capitalism relies on a level of wealth distribution, if too much is held by too few then it struggles because there isn't enough people with enough money to buy the goods (or in our case, services) that make the rich people rich. Basically, what's the point of making or selling something if no one can afford to buy it? Globalisation has changed things, simply importing and selling cheap crap from places such as China has helped allow the imbalance of wealth to increase to an unnatural degree beyond which is the norm.........Tenbury wrote: ↑Wed Nov 23, 2022 4:00 pm r
Agree with all that ^^
Personally speaking, I'm not in favour of 'growth', nor do I care much for Western pluralist political systems, but it seems self evident to me that building an economy based primarily on private debt where the collateral is just rising house prices, which in turn are based on a shortage of housing, is pretty much short term thinking(quite apart from being a disaster in terms of people at the bottom of the housing ladder.)
What's changed since the 70's?..well no one manufactures anything for a start.
The Sunak Government 2022-
Moderators: Gnome, last.caress, Wilko1304, Rio, bristolhammerfc, the pink palermo, chalks
- delbert
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Re: The Sunak Government 2022-
Re: The Sunak Government 2022-
So Labour have said they will help vote the Governments housing bill through for the good of the country and defeat the anti growth coalition Tory backbenchers
So what will Sunak do? Country or party first........
So what will Sunak do? Country or party first........
- Cuenca 'ammer
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Re: The Sunak Government 2022-
does this belong in here ?
https://www.theguardian.com/uk-news/202 ... e-ppe-firm
Revealed: Tory peer Michelle Mone secretly received £29m from ‘VIP lane’ PPE firm
Michelle Mone
Documents suggest husband passed on money from PPE Medpro, which secured £200m contracts after Mone lobbied ministers
The controversy over Mone and PPE Medpro threatens to embroil the prime minister, Rishi Sunak, who has pledged to make “integrity and accountability” pillars of his leadership.
In the process of investigating the couple, however, HSBC pieced together a money trail showing that Barrowman had transferred tens of millions in PPE Medpro profits through a network of offshore entities. About £29m ended up in the trust benefiting Mone and her children, the report indicates.
https://www.theguardian.com/uk-news/202 ... e-ppe-firm
Revealed: Tory peer Michelle Mone secretly received £29m from ‘VIP lane’ PPE firm
Michelle Mone
Documents suggest husband passed on money from PPE Medpro, which secured £200m contracts after Mone lobbied ministers
The controversy over Mone and PPE Medpro threatens to embroil the prime minister, Rishi Sunak, who has pledged to make “integrity and accountability” pillars of his leadership.
In the process of investigating the couple, however, HSBC pieced together a money trail showing that Barrowman had transferred tens of millions in PPE Medpro profits through a network of offshore entities. About £29m ended up in the trust benefiting Mone and her children, the report indicates.
- smuts
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Re: The Sunak Government 2022-
200m PPE Covid contract and from that 65m was made in profits even before the money starred being divided into trusts.Cuenca 'ammer wrote: ↑Wed Nov 23, 2022 7:38 pm does this belong in here ?
https://www.theguardian.com/uk-news/202 ... e-ppe-firm
Revealed: Tory peer Michelle Mone secretly received £29m from ‘VIP lane’ PPE firm
Michelle Mone
Documents suggest husband passed on money from PPE Medpro, which secured £200m contracts after Mone lobbied ministers
The controversy over Mone and PPE Medpro threatens to embroil the prime minister, Rishi Sunak, who has pledged to make “integrity and accountability” pillars of his leadership.
In the process of investigating the couple, however, HSBC pieced together a money trail showing that Barrowman had transferred tens of millions in PPE Medpro profits through a network of offshore entities. About £29m ended up in the trust benefiting Mone and her children, the report indicates.
Parasites.
- the pink palermo
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Re: The Sunak Government 2022-
Oh, I think they, and whoever was ensuring they "won" those bids are far, far worse than that.
A setailed criminal investigation should be launched into all of the PPE contracts that were awarded.
Just so people can clear their names, you understand.
Thieving ****ers, the lot of them.
Re: The Sunak Government 2022-
delbert wrote: ↑Wed Nov 23, 2022 4:26 pm It was definitely a blip of happiness, or anyway, at least a level of optimism for those non Guardian readers living on higher ground. I remember it well, the end of austerity, the promise of pay rises and a new dawn of Brexit Britain. The it all went to a bag of ****......
online pic hosting
Smoke and mirrors
- smuts
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Re: The Sunak Government 2022-
Totally agree Pinky. Who signed off on a contract that allowed a profit margin of over 32.5%?
Re: The Sunak Government 2022-
It's what sticks in the workers throats and when people have a go at people asking for a cost of living rise it's like do you actually realise how corrupt this government is? All this public money wasted but public services and the little guy suffer?
Please
- MB
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Re: The Sunak Government 2022-
And the man now in charge is the one who very quickly decided that £4bn of identified furlough fraud wasn’t worth going after and wrote it off
Re: The Sunak Government 2022-
Not to mention of course that there were many PPE suppliers in the UK that know their onions but they instead gave contracts to mates, who've never sold a mask in their life, starting brand new companies (no doubt wound down after the government contracts were paid and finished)
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- White Goodman
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- bubbles1966
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Re: The Sunak Government 2022-
Most of our PPE was coming from China.
Our problem was that too few people "knew their onions", let alone had the capacity to produce them.
Re: The Sunak Government 2022-
Lucky we had Michelle Mone PPE expert and that bloke from Matt Hancocks local then to sort us out then wasn't itbubbles1966 wrote: ↑Thu Nov 24, 2022 4:17 pm
Most of our PPE was coming from China.
Our problem was that too few people "knew their onions", let alone had the capacity to produce them.
- bubbles1966
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Re: The Sunak Government 2022-
granted, a number of people seem to have done very well out of the situation, and it isn't just these high profile ones; there will be plenty that you never hear of that saw the whole situation as a business opportunity.
That said, the health and care sector (and other bits of the public sector) were put on an emergency footing in March 2020 and many of the usual protocols, procedures, checks and balances went out of the window because of that.
Last edited by bubbles1966 on Thu Nov 24, 2022 4:48 pm, edited 1 time in total.
- delbert
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Re: The Sunak Government 2022-
That graph is about as relevant to what I was banging on about as one about cats being neutered. Saying that though, it still reinforces what I posted, a glimpse of optimism at the start 2020, then splat as unwanted cat genitalia hits the fan......
- bubbles1966
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Re: The Sunak Government 2022-
The UK was up to 2nd globally for Foreign Direct Investment last year. Only the US does better.
- Tenbury
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- smuts
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Re: The Sunak Government 2022-
https://www.theguardian.com/uk-news/202 ... helle-mone
200m contract put through in a few weeks.
Did anyone bother to ask what the profit margin was or as suspected an open cheque book for those connected enough to access the VIP fast lane?
200m contract put through in a few weeks.
Did anyone bother to ask what the profit margin was or as suspected an open cheque book for those connected enough to access the VIP fast lane?
- SammyLeeWasOffside
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Re: The Sunak Government 2022-
The NHS epidemic stockpile was 400,000 items of PPE. Now you can argue the rights and wrongs of that amount but between March and May they bought 14bn items (7bn from existing suppliers). That's procurement on a scale nobody had dealt with at a time the whole world was on the look out for the same stuff.bubbles1966 wrote: ↑Thu Nov 24, 2022 4:47 pm That said, the health and care sector (and other bits of the public sector) were put on an emergency footing in March 2020 and many of the usual protocols, procedures, checks and balances went out of the window because of that.
There is a lot of forgetting the sheer panic across the world at that point. If they had said we will wait for the right price they would have been lynched.
They have been trying to get money back from medpro for 12 months.