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Thread: Pension triple lock to end?

  1. #1

    Pension triple lock to end?

    Treasury blueprint to raise taxes and freeze wages to pay for £300bn coronavirus bill

    https://www.telegraph.co.uk/politics...ges-pay-300bn/

  2. #2

    Re: Pension triple lock to end?


  3. #3

    Re: Pension triple lock to end?

    Nice spin leak politics ?

    Get debate going see who bites ?

    Do something different and not as harsh .

    Bingo ?

  4. #4

    Re: Pension triple lock to end?

    I'll believe it when I see it.

    You can be certain that the super rich will be protected and the people who go to work every day ****ed into oblivion by it. Do the Tories think they can get away with tackling the triple lock? Risky.

  5. #5

    Re: Pension triple lock to end?

    Quote Originally Posted by Eric Cartman View Post
    I'll believe it when I see it.

    You can be certain that the super rich will be protected and the people who go to work every day ****ed into oblivion by it. Do the Tories think they can get away with tackling the triple lock? Risky.
    Covid 19 manufactured in order to strip our pensions, freeze pay and protect the rich. Because The Tories really need an excuse...

  6. #6

    Re: Pension triple lock to end?

    If the government lose the waspi women appeal they will be a few more bob added to the overall bill.

  7. #7

    Re: Pension triple lock to end?

    Quote Originally Posted by Tuerto View Post
    Covid 19 manufactured in order to strip our pensions, freeze pay and protect the rich. Because The Tories really need an excuse...
    Never let a crisis go to waste ...

  8. #8

    Re: Pension triple lock to end?

    Quote Originally Posted by Eric Cartman View Post
    I'll believe it when I see it.

    You can be certain that the super rich will be protected and the people who go to work every day ****ed into oblivion by it. Do the Tories think they can get away with tackling the triple lock? Risky.
    Nope they wont that's what sunk May . They.know this .

  9. #9

    Re: Pension triple lock to end?

    Taxation has been too low for a long time (I know it's not what anyone wants to hear, but it's true). Cutting tax is always a vote winner, but it's not always realistic in the long term - we all end up paying in other ways. Successive governments have cut defence, the NHS, and pensions, and sold off anything that would fetch a price, when they could simply have raised taxes instead. But that would upset the voters. Short term solutions for a long term problem.
    At the moment, the country is being crippled by COVID - our debt is apparently already more than at the end of WW2 - and someone is going to have to pay for it. I forecast that there will be tax and NI rises shortly.
    Last edited by tforturton; 17-05-20 at 14:29. Reason: spelling

  10. #10

    Re: Pension triple lock to end?

    Scrap HS2 immediately and save £100 billion towards the cost of the COVID crisis. It's all coming apart at the seams anyway - https://www.bbc.co.uk/news/business-52695156. Ideal opportunity for Boris to scrap the scheme and save face at the same time?

  11. #11
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    Re: Pension triple lock to end?

    Quote Originally Posted by Gofer Blue View Post
    Scrap HS2 immediately and save £100 billion towards the cost of the COVID crisis. It's all coming apart at the seams anyway - https://www.bbc.co.uk/news/business-52695156. Ideal opportunity for Boris to scrap the scheme and save face at the same time?
    On the other hand government funded projects, major Civils is historically one of the ways of priming the engine of the nation, putting people to work who otherwise would be unemployed. It isn't necessarily about profit and loss in the short term, its about getting the country up and running again.
    Think what a boost to the South wales economy it would be if they approved and started to build the Newport relief motorway for example, just the people earning and spending!!!

  12. #12

    Re: Pension triple lock to end?

    Quote Originally Posted by xsnaggle View Post
    On the other hand government funded projects, major Civils is historically one of the ways of priming the engine of the nation, putting people to work who otherwise would be unemployed. It isn't necessarily about profit and loss in the short term, its about getting the country up and running again.
    Think what a boost to the South wales economy it would be if they approved and started to build the Newport relief motorway for example, just the people earning and spending!!!
    If only Mark Drakeford had your vision 👍

  13. #13

    Re: Pension triple lock to end?

    Quote Originally Posted by Gofer Blue View Post
    Scrap HS2 immediately and save £100 billion towards the cost of the COVID crisis. It's all coming apart at the seams anyway - https://www.bbc.co.uk/news/business-52695156. Ideal opportunity for Boris to scrap the scheme and save face at the same time?
    Yes it may happen the bail out for business and workers is close to 123 billion and that's incredible money.

    Something has to give

  14. #14
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    Re: Pension triple lock to end?

    Quote Originally Posted by life on mars View Post
    If only Mark Drakeford had your vision ��


    Careful when referring to those hard working visionaries down the bay

  15. #15

    Re: Pension triple lock to end?

    Quote Originally Posted by life on mars View Post
    Yes it may happen the bail out for business and workers is close to 123 billion and that's incredible money.

    Something has to give
    Bankers bail out 2008 in excess of £500 billion

    The government can afford to give a lot more help to the man in the street.

  16. #16

    Re: Pension triple lock to end?

    Quote Originally Posted by xsnaggle View Post
    On the other hand government funded projects, major Civils is historically one of the ways of priming the engine of the nation, putting people to work who otherwise would be unemployed. It isn't necessarily about profit and loss in the short term, its about getting the country up and running again.
    Think what a boost to the South wales economy it would be if they approved and started to build the Newport relief motorway for example, just the people earning and spending!!!
    WAG were crazy to abolish the Severn Bridge toll completely. Reducing it by say 50% would have provided useful income to finance the building of the relief road. Bridge users would have supported the idea knowing that the remaining charge was going towards the solving of the Brynglas bottleneck. Win-win.

  17. #17
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    Re: Pension triple lock to end?

    Not even a case that they would have suppoted it, they'd have had no choice, and would have been happy with a 50% saving.
    But it wasn't really the cost the stopped it it was the mind set of the people in positions of authority who were making the decision.

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