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  1. S

    Politics, politics, politics (so long and thanks for all the fish)

    Revolut is a huge player in payments in the UK. This attitude is precisely what I'm talking about. Nokia, Blackberry in early 2000s: "dude, what are you talking about, touch screen technology is only used in 0.5% of mobile use cases, people want buttons. And native applications optimised for...
  2. S

    Politics, politics, politics (so long and thanks for all the fish)

    Crypto is part of the future of payments, asset storage and funding whether we like it or not. So many major players are authorised crypto asset service providers now, like Revolut. Crypto and government-backed stablecoin are and will be further integrated with traditional finance and payment...
  3. S

    Politics, politics, politics (so long and thanks for all the fish)

    If this doesn't highlight to the public how absolutely broken and exposed to risk this country is after successive awful governments i don't know what will. Coming off the back of a small boat arrival jailed for murdering a woman working at the hotel he was staying in and the government...
  4. S

    Politics, politics, politics (so long and thanks for all the fish)

    It does measure something useful, otherwise so much importance wouldn't be placed on it. It measures reported economic activity. So in theory its the measure of the amount of money that is being generated by the economy and therefore taxable by the government. However the "reported" economic...
  5. S

    Politics, politics, politics (so long and thanks for all the fish)

    Just on this Brexit cost the UK 4% in GDP below are charts showing the UK, France, Italy, Germany, Spain and US GDP trends over time to 2024. You'll see the European countries trends have been very similar, almost identical. If we had 4% added to our GDP over the last few years we'd have...
  6. S

    Politics, politics, politics (so long and thanks for all the fish)

    We didn't suffer being in the EU. It had lots of advantages.
  7. S

    Politics, politics, politics (so long and thanks for all the fish)

    on what basis has it taken 4% of the country's GDP? Its nonsense.
  8. S

    Politics, politics, politics (so long and thanks for all the fish)

    There is no measurable impact in the data due to brexit. You look at pretty much all trends in any way you want there isn't so much as a wobble in the data through 2016 to 2020 when there is a big dip and a big spike up again in 2021 and existing trends continue
  9. S

    Politics, politics, politics (so long and thanks for all the fish)

    which had very little impact on the overall fortunes of people's lives given that pretty much all economic and trade legislation were supranational matters.
  10. S

    Politics, politics, politics (so long and thanks for all the fish)

    They counted for how EU directives were interpreted in UK legislation for the most part.
  11. S

    Politics, politics, politics (so long and thanks for all the fish)

    Absolutely. Living standards are declining and people are angry and fed up.
  12. S

    Politics, politics, politics (so long and thanks for all the fish)

    It brought the ability for your vote to count for something. Rather than your bank operating under regulations drawn by the EBA and the EU Commission, we are now operating under the direction of elected domestic bodies and a UK regulator. We can make our own path that suits us. For example...
  13. S

    Politics, politics, politics (so long and thanks for all the fish)

    I'd go further than that. I'd go back to the financial crash. We have never fully recovered and let's face it, Brexit probably wouldn't have happened if people felt like everything was moving in the right direction in 2016.
  14. S

    Politics, politics, politics (so long and thanks for all the fish)

    The Bank of England were asked by Cameron to intervene in both the Scottish independence referendum campaign and the Brexit referendum campaign and they did. Why are the Bank of England dredging Brexit up now when all the press are reporting that Starmer and Reeves are trying to dream up ways...
  15. S

    Politics, politics, politics (so long and thanks for all the fish)

    Well it does represent soaring wage growth, yes. Wage growth, however, is an inflationary pressure, and inflation has been at or above wage growth since the Russian invasion of Ukraine and one of the highest tax burdens post-war mean that people generally do not feel better off.
  16. S

    Politics, politics, politics (so long and thanks for all the fish)

    Labour have decided that saying that us all getting shafted in the autumn budget is Farage's fault so they're opening the whole debate again and getting the bank of england to weigh in on their behalf.
  17. S

    Politics, politics, politics (so long and thanks for all the fish)

    His further detail was that the policy wasn't aimed at increasing public spending but about addressing wealth inequality. I'd say that it wasn't a well thought tbrough policy then, as admitting that wealth taxes generally get avoided or end up in wealthy investment ending (and therefore do not...
  18. S

    Politics, politics, politics (so long and thanks for all the fish)

    Those Brexit impacts look decidedly dodgy. Drop in £2,000 of income per person? Assuming this is a year, this is still a huge claim, with practically nothing to back it up. In fact, soaring wage growth was one of the primary causes of inflation cited post-pandemic/brexit with the loss of...
  19. S

    Politics, politics, politics (so long and thanks for all the fish)

    Polanski has proposed a 1% tax on assets over £10m and 2% on assets over £1 billion
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