Now I want an apology from Piers Morgan, from Nick … L abour is in Brighton for its annual conference and the hard-Left is in command. It had been of course a self-serving act. Not least the National wage that hailed the tip of the narrowing deficit with the remainder of the globe and also the surge within the public sector to make up the deficit in economic activity and employment.To that, his reply was: “What am I supposed to do about this? it even cut the basic rate of income tax despite the fact that it was borrowing and that tax revenues were coming from unsustainable sources such as stamp duty of house sales and the City of London. Then forget about it, as nearly impossible to shop for a house on one individual’s average wage. The economy grew to fuel a lot of consumption resulting in a lot of debt. Therefore after thirteen years of Labour rule, what’s their legacy? edit subscriptions. Favourite answer. Its almost impossible to buy a house on one average salary. image credit:http://213.155.150.201/recruitmentweb/benefits.asp... And with what authority did Labour inflict this damage on the UK? As David Cameron said in his Conservative Party conference speech on 10 October 2012, Labour is "the party of one notion, to borrow" Labour has only one answer when in government and when in opposition, to borrow more money. Express Comment Labour’s fantasy economics will RUIN Britain – fast, says ROSS CLARK LABOUR in its newly unveiled manifesto has produced what must be … The landslide victory of Tony Blair to the crushing defeat of Gordon Brown 13 Labour years saw a massive shift in UK policy which changed the face of UK society. Interest rates were kept too low, the government borrowed, despite the so called boom, people borrowed in the naive belief that Labour had abolished boom and bust, Browns catchphrase during his time as Chancellor of the Exchequer. Therefore after thirteen years of Labour rule, what’s their legacy? As Theresa May scrambles to form some sort of deal with the DUP, serious questions about the Northern Ireland peace process have been raised. It may also be argued that the billions of pounds overpaid in tax credits from 2003 to 2005 really gave enough of a lift to the economy to prevent the United Kingdom from getting into a recession. The landslide victory of Tony Blair to the crushing defeat of Gordon Brown 13 Labour years saw a massive shift in UK policy which changed the face of UK society. Culminating in the Winter of discontent, a vote of no confidence and losing the general election; the 1970's saw the Labour movement and socialism at its peak in the 1970's followed by almost annihilation. Apartheid. The United Kingdoms Labour Party was elected to office in May 1997 with a 179 seat majority in the House of Commons. If we really want to get to the root of our current problems, we need to go back to the post-war Labour government of Clement Atlee. Whatever Labour says, it would have no choice to make this deal with the SNP. Many company final salary pension schemes close as a result. The figure is lower than analysts had been expecting, while previous months' figures for this financial year were revised down by a total of £6.7bn. Doubtful, Labour needed that money to pump up the economy because it could not possibly preside over a recession just 4 years into its government. Her Majesty's opposition is now headed by its most socialist leader since WW2. After 13 years trampling on civil liberties, Labour MPs have no right to lecture on justice, argues Julian Huppert. The real question is how many private sector jobs, overseas earnings and tax revenues does investing £42BN in a private business generate as opposed to buying £42BN of government debt? Watching this year’s Labour Party conference, one could be forgiven for thinking Britain had been teleported back to the ’70s, and the Blair years never happened. August's record figure of £14.4bn was revised down to £12.8bn. Labour are still calling for more spending. Not least the National wage that hailed the tip of the narrowing deficit with the remainder of the globe and also the surge within the public sector to make up the deficit in economic activity and employment. 36% of the vote!!! How should we tend to judge them? tax credits for pension funds on company dividends. Spending that is in reality a call for generation X and Y to pay for the lifestyles of the baby boomer generation. Once the UK has actually left the EU, divisions in the country will slowly start to heal. The course that he and his predecessors would have plotted after the 2010 general election would certainly not have given us a AA1 credit rating. As the pension crisis was never seriously tackled we’ve got many years of rapidly spiralling pension prices as the baby boomers begin to retire and draw their pensions. In all general elections since 1922, Labour has been either the governing party or the Official Opposition.There have been six Labour prime ministers and thirteen Labour ministries. @anonymous: John you really are the clueless one! Yes the electoral system is heavily skewed in favour of the Labour party as more seats are allocated to Scotland and Wales and certain parts of England than is proportionate to the size of the electorate. Poorly negotiated deals have left the taxpayer with a £60BN bill to pay. I often wondered how Tony Blair managed to stay in no.10 for so long and after reading this, it makes me question more. It is rumoured that he wants to be prime minister again. In fact Britain was at risk of losing its influence as an economic and military power with the Polaris nuclear programme and the British contingent of some 56,000 troops in West Germany under serious threat. GDP growth came from both expanding the public sector and a debt fueled housing boom. GDP growth came from both increasing the general public sector and a debt-fuelled housing boom. A potential reconciliation of the party is no longer a question as friction among party members has caused conflict and divide due to a dissonance of Labour Party UK beliefs. Uncertain, Labour required that money to pump up the economy as a result, it could not possibly administer over a recession four years into its office. 100's of Billions of pounds that are going to be taken out of the economy for decades to come just to pay for 1 decade of excess. Massive cuts in public spending were agreed to with grave concerns from Washington that Britain wold become a siege economy, undermining its cold war strategy. The government wants to wipe out the structural budget deficit by 2015, but analysts say this is unlikely. Several corporations final wage pension schemes shut as a result. Rishi Sunak is warned he will crush companies if he insists on calling in all bounce-back loans from March. It can pass or fail to pass laws and it can vote a Government down. The reason is not hard to find: Labour as a popular movement, as a party, and as the embodiment of an ethic, was destroyed by Blairism. Our "democracy" is in many ways an elective dictatorship even more so as we do not have an elected Head of State and our upper chamber (House of Lords) is hereditory and appointed. Get in touch with our news team by emailing us at webnews@metro.co.uk . Labour was hailed in 2003 as keeping Britain out of a recession which hit Europe and the USA, but in reality it was the spend now on the back of a "golden economic legacy handed to us on a plate". The national debt is £1TRN and rising with the tax revenue that Labour depended on having dried up. Think you are richer than you were in 1997? The debt is £1TN and rising with the tax revenue that Labour relied on having dried up. It even cut the essential rate of income tax despite the fact that it had been borrowing which tax revenues were returning from unsustainable sources like stamp duty of house sales and the city of London. Whilst government borrowing is still at record highs, it should mean that government borrowing for the financial year will be lower than expected. On 8th June 2017, an inconclusive General Election has thrust the possibility of hard left-winger, Jeremy Corbyn, becoming Prime Minister. Some forums can only be seen by registered members. Several corporations final wage pension schemes shut as a result. By Tom Whitehead, Home Affairs Editor 23 Oct 2009 The huge increases in migrants over the last decade … UK households are expected to be no better off in 2015 than they were in 2003. of just about anything they can get their hands on. This takes total government net debt to £1,065bn, equivalent to 67.9% to total annual economic output.

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