• 78 Posts
Joined 1 year ago
Cake day: June 19th, 2023


  • Saw the first clip in the video and couldn’t handle watching any more. I’m all for allowing people the autonomy to take their own sensible risks and avoid over safety-fying things, but some people are ridiculous (and selfish in this context). If you’re going to go over a level crossing when the barriers are closed, at least have the respect to run across, knowing that you’re doing something risky, rather than casually stroll through the danger zone!

  • I think their origial plan was to try and ensure that Daniel Korski, the CCHQ preferred candidate, would get selected by putting him up against insane choices like Susan Hall. Unfortunately Korski had to exit because of sexual assault allegations (name a more iconic duo than Tory politicians and criminal sleaze) leaving only the insane candidates.

    This sort of situation has become a bit of a classic Tory tale with the amount of times similar things have happened since 2019.

  • NotACubeOPtoUnited KingdomThe great stink of Thames Water
    3 months ago

    One of the points made quite astutely in the FT comments section mentioned that ofwat was also strongly responsible for this.

    Apparently the regulatory model is set up in the following way - in order to encourage investment in infrastructure, the calculated amount that customers are charged is based on a ratio of how much money is invested into infrastructure. Supposedly Thames Water and other water companies in England wanted to invest more in infrastructure, however ofwat did not allow it as they wanted to protect customers from price increases. Furthermore because of the silly shell game of holding companies that were set up to move the debt around, ofwat didn’t understand just how much debt was being racked up and didn’t make any moves to stop it.

    However what this all shows is that the regulatory model is absolutely broken. So not only is ofwat toothless in allowing a ridiculous corporate structure to be set up to obfuscate the silly financial leveraging going on, they are also operating on an entirely faulty premise.

    What it all shows is that trying to set up a functional privatised system for water companies that incentivises investment and works for citizens is extremely difficult, is prone to regulatory capture, is still under pressure from meddling ministers and ultimately costs more for customers and the government than servicing the government debt that would be used to pay for investment under a nationalised system.

    Just bloody nationalised it.

  • If they were dead set on doing a tax cut (unfortunately for the good of the country) at least they made it an NI cut rather than an income tax cut.

    I can see a way forward for labour if they want to raise more money without straight up reversing these cuts by abolishing NI (or gradually reducing it to phase it out) and correspondingly increasing income and/or capital gains tax.

    They can chalk it up as making the tax system fairer by removing the tax on which employees pay more than self employed or those with passive wealth-based income. Simultaneously they can say they are building on the one positive outcome of the previous budget.

  • The numbers quoted indicate much more of a sea change has occurred than I would have expected.

    in the 1960s around an eighth of British voters switched their choice between elections. By the 1980s it was a fifth. At the last election Professor Edward Fieldhouse, a political scientist at the University of Manchester, and his colleagues concluded that most of the electorate were swing voters. Politicians see it on the doorstep. “In 1997 around 40% of voters were up for grabs but today it is probably around 70%,” says Jonathan Reynolds, Labour’s shadow business secretary and an MP in the north-west.

    Maybe there’s hope for PR within the next 20 years.