Inflation

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Re: Inflation

Postby victor » 21 Feb 2025, 10:33

Before I let her near any of my money it will go under the mattress.
Invest in stocks and shares? And it goes wrong and we lose our money will she re imburse us?

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Re: Inflation

Postby victor » 21 Feb 2025, 10:35

Liar and cheater sit well with the 2 labour people I mentioned I think

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Re: Inflation

Postby Suff » 21 Feb 2025, 13:36

Because the experience under a Labour government is that they see these investments as a slush fund to be taxed and spent.

Labour asking private businesses to invest in Britain is like vampires inviting humans over for dinner.
There are 10 types of people in the world:
Those who understand Binary and those who do not.
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Re: Inflation

Postby cromwell » 21 Feb 2025, 13:46

cruiser2 wrote:Have you seen where Rachel fom Accounts wants to take control of the pension pot of the council empleyes pof Manchester and other councils.
Another money grabbing exercise.


This is what really worries me.
Politicians have no right - no right at all - to be gambling with our pensions.
I wouldn't trust Rachel Reeves with a fiver, let alone my pension.
"Facts do not cease to exist because they are ignored" - Aldous Huxley
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Re: Inflation

Postby medsec222 » 21 Feb 2025, 14:03

I was reading this morning that investment firms have tried to persuade Rachel Reeves to drastically cut the amount of cash that can be put into ISAs in the hope that the money would be invested into stocks and shares. Most pensioners who have managed to save for their retirement may have been able to weather the ups and downs of the stock market in their younger years but by the time of their retirement they want their money safe in a building society earning some tax free income. They could put their money in bonds but they are taxable of course, so it seems that once again the Labour government is looking to skim cash from pensioners who see the stock market as too high a risk.
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Re: Inflation

Postby Workingman » 21 Feb 2025, 16:40

cromwell wrote:I wouldn't trust Rachel Reeves with a fiver, let alone my pension.

Yet you trusted Jeremy. Kwasi, Zahawi, Rishi, Sajid, Ozzy...? :lol: :P :P

And here's me. Worked most of my life on average wages so am now 'supposedly' a risk free and rich "boomer".- sheesh. And every government ever has hit me for the few pennies I have saved. Nothing changes, be it Tory or Labour, unless you're really are rich, that is.

I, and I suspect many others, have just given up and simply bimble on, "boomer" parasites that we are. :roll:
Never mind, our kids and the millions of low-skilled immigrants we legally let in will pick up the tab.
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