Category Archives: Finance

Rishi Sunak: Scourge of the Middle Classes

Chancellor Sunak has increased taxation from income, which will alienate Conservative middle-class voters. Problem? No way. Adroit political footwork and the magic of inflation will square the political circle. Quietly, without fanfare, and with deadly efficiency Sunak created additional income … Continue reading

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Mugged by Rishi Sunak

Millions of Britons1 will be dragged into paying more income tax after a punishing Government freeze on thresholds, the Office for Budget Responsibility has warned.  A report by the Centre for Economics and Business Research commissioned by The Mail on Sunday … Continue reading

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Boris Johnson cashes a cheque

Boris needs to cash a cheque and approaching the cashier says, “Good morning, could you cash this cheque for me?” “It’s my pleasure. But first I need to see ID?” “I didn’t think that was necessary. I’m the Prime Minister.”” … Continue reading

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An Arnold Schwarzenegger quip

Having more money doesn’t make you happier. I have 50 million dollars but I’m just as happy as when I had 48 million.

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Gambling as an Investment Option

Combining ‘Gambling’ and ‘Investment’ appears to be bizarre. After all, gambling involves unpredictable risk and the loss of all of your capital in one fell swoop. Investment, on the other hand, breathes the heady air of prudence and safety. This … Continue reading

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Amy Poehler comments on Warren Buffett

“Despite enormous fluctuations in the Dow Jones average this week, billionaire investor Warren Buffett announced Friday that he will continue to invest in the stock market during the current financial crisis. So remember, everyone, this is no time to panic, … Continue reading

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Selected Quotes: Health and Social Care Levy 8th September 2021

Jake Barry (Con) Will my right hon. Friend [Jesse Norman] tell the House how much the 1.25% increase in national insurance will cost the NHS on top of its current payroll? John Redwood (Con) I understand that for a couple … Continue reading

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Costco: the value of decent wages

“Unusually for a retailer, Costco invests in its employees….The average retail employee in the USA makes $12 (£8.51) an hour whereas Costco pays its employees around $24 (£17.02) an hour…..Paying a living wage benefits the business – Costco has an … Continue reading

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Book Review: Jonathan Calvert and George Arbuthnot ~ Failures of State: The inside story of Britain’s battle with Coronovirus (2021)

Investigative journalists are worth their weight in gold. Clavert and Arbuthnot write for the Sunday Times about Covid-19 from its earliest manifestation. As journalists they write in a very attractive and accessible way. This is epitomised by their chapter headings: … Continue reading

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The UK Mayoral Elections, 2021

Turnout in none of the eleven 2021 Mayoral elections came close to 50%+1.The electorate shunned the opportunity to participate. (see Addendum) Does this affect the legitimacy of the result? Let’s imagine an election in fictional Loncaster which has an electorate … Continue reading

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