🌄 weren't the 90s better in every way?

The evil of government spending and inflation in 2 mins. Unfortunately for the UK, this is the basis of the Labour budget

Stop lying. The previous forecast downgraded the UK from 1.3% to 0.8%. The latest forecast went up slightly from 0.8% to 1.0%. Still a 0.3% downgrade. You forget we have the internet at our finger tips so we can factcheck every lie the government tells.

Norway and the UK drilled the same North Sea. 🇳🇴Norway got $2 trillion. 🇬🇧The UK got tax cuts. Same basin,Same era.... Completely different outcomes. Norway captured $30 per barrel in government revenue. The UK captured $11. That gap, compounded over 50 years of production, is the entire difference. Norway's model was simple: tax heavily (78% marginal rate), take direct equity stakes in fields via the SDFI, own part of Equinor, and put everything surplus into a fund invested abroad. The Government Pension Fund Global now holds over $2 trillion in assets. That's $390,000 per Norwegian citizen about 1.5% of all listed equities on earth. The fiscal rule: only spend the 3% annual real return. Never touch the principal. The UK started producing earlier, at lower prices, with a lower tax rate (40%) and no saving mechanism. North Sea revenues flowed straight into the general budget. Economists estimate the UK missed out on roughly £400 billion compared to a Norwegian style regime. The windfall largely financed tax cuts in the 1980s rather than a fund. Where things stand in 2026? Norway's petroleum sector will generate $63 bn in net cash flow this year alone feeding a fund already large enough to cover 10-15% of the national budget from returns alone. The UK is a net energy importer. Since 2021 it has paid countries like Norway more than £100 billion for gas. One country treated oil as a finite resource to convert into permanent financial wealth. The other treated it as income. image source:eia

A wealthy private sector makes the nation rich. A wealthy public sector makes the nation poor. That's just how reality works.

The police officers should be facing manslaughter charges here. Any other race and I guarantee there would be focus on those officers. What has happened to them? Why aren’t there protests outside their station?

Last year I had 2 new tyres fitted to my van - £126. Today I had two new tyres fitted to the same van, same garage, same make of tyre - £165. 30% increase in one year. Diesel is up 35% since a couple of months ago. My van insurers want an extra £120 this year. I'm a Decorator and all the paint I use has had TWO price increases each year for the past few years. Some now costs approximately TWICE what it cost 6 years ago. Some trade paint is now over £100 for 5 litres. Yes it's better than cheap crap but that's a ridiculous price. But I'm just one bloke trying to earn a living. Millions are in the same boat as me. They can give you stories about the price of timber, plasterboard, electrical fittings, roof tiles and everything else they have to buy. Everything appears to be getting more difficult for everyone. In years gone by we didn't all have to worry about the cost of putting the heating on or how much we paid for the water that came out of our taps. We do now. We didn't have to search the shelves in the supermarkets for the cheapest (inferior) alternatives and we didn't get utterly ripped off when paying for parking in town centres. Our Council Tax bills, (or Rates as it used to be called), were equal to a small proportion of our income. And we got the bins emptied every week. We could actually buy rounds in the pub - Remember THAT? Many millions of people who frequented pubs can't afford to go there any more. Their village pub is probably shut now anyway. Our public services are overstretched. The NHS is ALWAYS on it's knees. Our roads are falling to bits. Parents can't get their kids into their local schools. Many people in villages, towns and cities are frightened to go out alone (or at all) due the numbers of undesirables roaming the streets and our parks. But it's OK. We're the Worlds 5th largest economy apparently and therefore a "rich" country compared to many. Perhaps that's why we can afford to give away ONE THOUSAND MILLION POUNDS every MONTH to countries who don't share our good fortune, or our wonderful public services or our national contentment in knowing we're nearly at the top of the tree. Is it any wonder that hundreds of thousands of people are just saying "bollocks to this" and either stopping work or buggering off to live somewhere else? My advice to any young person would be - Go! It might not work out for you but at least you've had a try, probably had some fun, learnt a lot about yourself and the World and maybe met someone you can share your life with. You can always come back again and help the local council empty the bins every 3 weeks.

So the government is setting the price of food now? What next? Food rationing? I *absolutely* do not want food prices capped. Why on Earth would I want supermarkets to sell out of the food I want to buy, so it's not available for me (which is what capped food prices will mean)?

Lol why would anyone take this deal in the age of geo-arbitrage and the most mobile capital in history?

@RollingHedge Given the Treasury's record for wealth confiscation, I struggle to understand why anyone with money would want such a visa and risk their cash being seized because the British government is taking a beating on the bond markets.

Walking through the park with my wife. Another mother and her toddler around. Group of urban youths from local college loitering, hollering, littering, and making the park intolerable. So we leave. Car follows behind us. We let it pass. They wave a machete at us from the passenger window, and the car sped away. Filed an online crime report, providing the number plate. Police call: multiple reports about the car, which is using stolen plates. Likely connected to a local drill gang which has been seen dealing drugs to students. Received a letter, and was told the Met Police can't take the matter further. We shouldn't have to live like this. This was a nice area, once. We had our wedding photos taken in that park. These low-impulse-control miscreants shouldn't be able to ruin nice things for the rest of us. Mass incarcerations, now.

Those who want Britain to be controlled by a European bureaucracy dont care about truth or reality. They deal in fantasy and scare mongering

@coyleneil 7,200,000 million sick people on waiting lists with 100,000+ dying each year whilst waiting for treatment. What a disgusting idea the NHS was I’d keep quiet about it Communism = Rationing

No. Clown institutions run by a clown government in a clown country in a clown word

@EULondonMark Hi Mark The UK outside the EU has *less* trade barriers overall, than it did as an EU member. As the barriers that increased for the EU decreased more for the rest of the world. The rest of the world is bigger.

Great chart showing huge fall in UK manufacturing base from 1975 to 2000 after we joined EEC in 1973...

It’s not a blow to Rachel Reeves. In her role as Treasury spokeswoman, she wants more people dependent on state benefits. She deliberately made employing people more expensive. She wants more unemployment. The purpose of a system is what it does.

Astonishing... From 1973 to 2010, *we paid the EEC/EU* in today's money, £500 billion to take away a cumulative £3.5 TRILLION of manufacturing GDP from us. 3.5 million jobs were lost. #Brexit #LabourWipeout

Norway built a £1.4 trillion fund from North Sea oil Britain built £2.91 trillion of national debt Same sea Different ruling class We were robbed

Restore Britain's latest policy paper has just been released - abolishing inheritance tax. For farmers, for small businesses, for everyone. Restore Britain would abolish all inheritance tax. assets.nationbuilder.com/restorebritain…

We have to find some way of reversing netzero. We need to do this asap.

The Left used to be evil disguised as good. Now they don’t even bother with the disguise.