General UK politics

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"Do we keep the Monarchy, or scrap the Monarchy ?"
Bollocks. That's the sort of stupidity that lead to the Brexit mess.Alternatives first.

You could have a follow on referendum:
Should the PM become head of state, or the speaker of the house (of Commons) ?
Or an elected head of state. But either way this should be established first.
 
Er, what?

Make no mistake. A massive portion of UK land is owned by the aristocracy. Read the resumés of High Court judges, chocca with barons and dukes. Do you really believe nouveau riche 'Boris' who got a bursary to go to Eton has a chance of usurping the entire establishment - of which the Queen is the mere head - or has absolutely any hope of abolishing the monarchy and installing himself as supreme dicator? No chance.

List of Supreme Court Judges - these are the real toffs - past and present:

List
The Lord Phillips of Worth Matravers, first President (retired 30 September 2012)
The Lord Hope of Craighead, first Deputy President (retired 26 June 2013)
The Lord Saville of Newdigate (retired 30 September 2010)
The Lord Rodger of Earlsferry (died in office 26 June 2011)
The Lord Walker of Gestingthorpe (retired 17 March 2013)
The Baroness Hale of Richmond (retired 10 January 2020)
The Lord Brown of Eaton-under-Heywood (retired 9 April 2012)
The Lord Mance (retired 6 June 2018)
The Lord Collins of Mapesbury (retired 7 May 2011)
The Lord Kerr of Tonaghmore (retired 30 September 2020)
The Lord Clarke of Stone-cum-Ebony (retired 4 September 2017)

You can see the current list of twelve here.

The supplementary panel currently consists of:[26]

The Lord Neuberger of Abbotsbury (former President of the Supreme Court; Justice of the Supreme Court; Master of the Rolls)
The Lord Thomas of Cwmgiedd (former Lord Chief Justice of England and Wales)
Lord Hughes of Ombersley (former Justice of the Supreme Court)
Lord Sumption (former Justice of the Supreme Court)

If you mistakenly thought 'Boris' was posh, think again! Do you think these guys are going to give up their toff privileges by abolishing the monarchy? Yes, Murdoch wants them out as they get in the way a bit, see pre-Brexit headlines calling them traitors of the realm.

Then we haven't even started on the Armed Forces. Whose side will they take? Not 'Boris'' nor Keir, I'm afraid.

Democracy only goes so far in the UK.
 
Make no mistake. A massive portion of UK land is owned by the aristocracy. Read the resumés of High Court judges, chocca with barons and dukes. Do you really believe nouveau riche 'Boris' who got a bursary to go to Eton has a chance of usurping the entire establishment - of which the Queen is the mere head - or has absolutely any hope of abolishing the monarchy and installing himself as supreme dicator? No chance.

List of Supreme Court Judges - these are the real toffs - past and present:

List
The Lord Phillips of Worth Matravers, first President (retired 30 September 2012)
The Lord Hope of Craighead, first Deputy President (retired 26 June 2013)
The Lord Saville of Newdigate (retired 30 September 2010)
The Lord Rodger of Earlsferry (died in office 26 June 2011)
The Lord Walker of Gestingthorpe (retired 17 March 2013)
The Baroness Hale of Richmond (retired 10 January 2020)
The Lord Brown of Eaton-under-Heywood (retired 9 April 2012)
The Lord Mance (retired 6 June 2018)
The Lord Collins of Mapesbury (retired 7 May 2011)
The Lord Kerr of Tonaghmore (retired 30 September 2020)
The Lord Clarke of Stone-cum-Ebony (retired 4 September 2017)

You can see the current list of twelve here.

The supplementary panel currently consists of:[26]



If you mistakenly thought 'Boris' was posh, think again! Do you think these guys are going to give up their toff privileges by abolishing the monarchy? Yes, Murdoch wants them out as they get in the way a bit, see pre-Brexit headlines calling them traitors of the realm.

Then we haven't even started on the Armed Forces. Whose side will they take? Not 'Boris'' nor Keir, I'm afraid.

Democracy only goes so far in the UK.

Rubbish. They are given peerages for their service to the legal profession. For example Baroness Hale:

Brenda Marjorie Hale[4] was born on 31 January 1945 in Leeds, West Riding of Yorkshire. Both her parents were headteachers. She has two sisters. Hale lived in Redcar until the age of three when she moved with her parents to Richmond, North Yorkshire.

https://en.wikipedia.org/wiki/Brenda_Hale,_Baroness_Hale_of_Richmond

Not a toff
 
Make no mistake. A massive portion of UK land is owned by the aristocracy. Read the resumés of High Court judges, chocca with barons and dukes. Do you really believe nouveau riche 'Boris' who got a bursary to go to Eton has a chance of usurping the entire establishment - of which the Queen is the mere head - or has absolutely any hope of abolishing the monarchy and installing himself as supreme dicator? No chance.

List of Supreme Court Judges - these are the real toffs - past and present:

List
The Lord Phillips of Worth Matravers, first President (retired 30 September 2012)
The Lord Hope of Craighead, first Deputy President (retired 26 June 2013)
The Lord Saville of Newdigate (retired 30 September 2010)
The Lord Rodger of Earlsferry (died in office 26 June 2011)
The Lord Walker of Gestingthorpe (retired 17 March 2013)
The Baroness Hale of Richmond (retired 10 January 2020)
The Lord Brown of Eaton-under-Heywood (retired 9 April 2012)
The Lord Mance (retired 6 June 2018)
The Lord Collins of Mapesbury (retired 7 May 2011)
The Lord Kerr of Tonaghmore (retired 30 September 2020)
The Lord Clarke of Stone-cum-Ebony (retired 4 September 2017)

You can see the current list of twelve here.

The supplementary panel currently consists of:[26]



If you mistakenly thought 'Boris' was posh, think again! Do you think these guys are going to give up their toff privileges by abolishing the monarchy? Yes, Murdoch wants them out as they get in the way a bit, see pre-Brexit headlines calling them traitors of the realm.

Then we haven't even started on the Armed Forces. Whose side will they take? Not 'Boris'' nor Keir, I'm afraid.

Democracy only goes so far in the UK.

They get the titles later.
it's a reward for public service.

They weren't titles they inherited.

If Parliament voted to get rid of the monarchy there's nothing that any Lord or Baroness could do about it.

The armed forces will follow the orders they are given by the government.

You don't think the army will storm parliament to protect the queen do you?
 
The armed forces will follow the orders they are given by the government.

You don't think the army will storm parliament to protect the queen do you?

I suspect the armed forces will (among many other things) ask themselves who pays their wages and pensions ;)
 
They get the titles later.
it's a reward for public service.

They weren't titles they inherited.

If Parliament voted to get rid of the monarchy there's nothing that any Lord or Baroness could do about it.

The armed forces will follow the orders they are given by the government.

You don't think the army will storm parliament to protect the queen do you?

David Edmond Neuberger, Baron Neuberger of Abbotsbury for one.*

It's all hypothetical. However, it is an illusion to believe you can just sweep away the Monarchy tomorrow. You have omitted to realise there would be strong influential resistance to it. People believe the UK is a democracy but it is only a limited one.

*OK, so not a good example.
 
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David Edmond Neuberger, Baron Neuberger of Abbotsbury for one.*

It's all hypothetical. However, it is an illusion to believe you can just sweep away the Monarchy tomorrow. You have omitted to realise there would be strong influential resistance to it. People believe the UK is a democracy but it is only a limited one.

*OK, so not a good example.

Can you find any that are not life peers?
 
David Edmond Neuberger, Baron Neuberger of Abbotsbury for one.*

It's all hypothetical. However, it is an illusion to believe you can just sweep away the Monarchy tomorrow. You have omitted to realise there would be strong influential resistance to it. People believe the UK is a democracy but it is only a limited one.

*OK, so not a good example.
I fail to see your point in the citation of Baron Neuberger, or indeed in your previous list. They are life-peers, ennobled for public service with no inheritance of the title and no land grant.
Few of them even sit in the House of Lords.
 
I fail to see how or why they would lead a coup against a parliament that voted to scrap the monarchy.
 
We are now into CT land.

Any chance we can talk about general UK politics?

Such as the latest from our Minster of Bullying: Black Lives Matter protests were ‘dreadful’, Priti Patel says

Given her body of work I’m not giving her the benefit of the doubt that she was only talking about violent protests.
To be fair, she's a brown person in the Conservative party; hence to be seen as "one of us" she has to me more militantly bigoted than the run-of-the-mill Tory.

Yes because that wasn't the most ridiculous thing ever.
Unfortunately not even close.
 
The UK Economy

Economics

This is a little bit to do with Covid19 vaccine rollout recovery but more to do with post-Brexit and Bank of England recent actions. I was wondering why the pound was much stronger, with my latest salary in the bank (from the UK) looking much healthier than recent months, converted to Euros. In other words, from buying few Euros at one point (EUR1/GBP0.94) it is now buying rather more (€1/£0.87).

Now, we know Brexit hasn't exactly made the UK strong, and nor has the lockdown economy from Covid19 been any help at all, other than for MNC's like Amazon, who divert their funds overseas. The Telegraph explains it: lower interest rates meaning Bank of England gilt yields are 'bouncing back'.

For those who don't know, interest rates are closely connected to exchange rates as global money markets around the world chase each other. For example, a trader might buy up dollars when they are 'cheap'. This causes the interest rate in dollar economies to rise encouraging selling so now perhaps the Japanese Yen goes up or down as a knock on effect, with the concomitant interest rate balancing it out close behind. In effect, interest rates chasing currency spot rates creates a buy and sell cycle in the money markets. Whilst over a year ago my pension funds - like everybody else's took a knock - and now over the last nine months they have gained a healthy 5%, good, considering Brexit and Covid19. (However, my independent financial adviser informed me that most of my funds are managed in the Euromarkets anyway which was why it was doing better than I expected at the time of my query when the economy was dire).

The Telegraph is behind a paywall, but there is a Twitter thread here:

Sterling has started the year with a bang, smashing through $1.38 against the dollar to its highest level in years.

And there's room for improvement, with analysts predicting it will soon break $1.40.

Why? Here are four reasons (a #thread Down pointing backhand index) https://telegraph.co.uk/business/2021/02/11/sterling-set-hit-145-year/

The UK economy and sterling are some of the biggest winners from a rapid vaccine rollout, opening the door to looser restrictions.

Britain has a particular exposure to the "back to normal" trade as the dollar weakens on rising risk appetite, according to
@Nomura

Lower interest rates weigh on a country's currency, but a hawkish stance from the Bank of England slashed market expectations of a move to negative rates (and it shows in Gilt yields Down pointing backhand index).

Some economists say this has been the "most dominant" driver of the pound's rally…
/continues https://twitter.com/telebusiness/status/1359882019489132549?s=20


Because I opted for a relatively low-risk portfolio, when many other's funds 'crashed' during the recession about 18 months ago, I was somewhat shielded, as I had a fair chunk in government stocks and gilts. The people who lost out most were those who were equities-dominant (higher risk/bigger returns IF...things go well).

So in the long term it is usually good to invest in some government stock and gilts as your money is likely to be safe but have at least a third in equities and just a minimal amount in cash and cash equivalents (which is almost like stashing your cash under the mattress) as they rarely gain in value but can be a safety net if all else crashes.
 
To be fair, she's a brown person in the Conservative party; hence to be seen as "one of us" she has to me more militantly bigoted than the run-of-the-mill Tory.


Unfortunately not even close.

Remember, her parents were effectively expelled from Uganda by dictator Idi Amin, in the 70's. The Asians who were forced to leave because of his belief wealth should belong to native Africans were not dissimilar to other refuges unfairly persecuted (for example, Sephardic Jews from Spain) and many left everything behind. So I am guessing Priti Patel and other Asians, do not see themselves as 'Black' but as their own ethnicity so why would anyone expect her to be sympathetic to 'take a knee'?

No surprises there.
 
We are now into CT land.

Any chance we can talk about general UK politics?

Such as the latest from our Minster of Bullying: Black Lives Matter protests were ‘dreadful’, Priti Patel says

Given her body of work I’m not giving her the benefit of the doubt that she was only talking about violent protests.

If you want your MP's attention you should donate then a few thousand pounds, don't worry they'll throw you a PPE contract or two in return.
 
The government has announced plans for a "free speech champion" to ensure universities in England do not stifle freedom of speech and expression.

The champion will regulate matters such as "no-platforming" of speakers by universities or student unions.

The new post - which will have a seat on the Office for Students' (OfS) board - is part of a series of proposals, announced on Tuesday, aimed at strengthening academic freedom in England's universities.

Under the plans, universities would be legally required to actively promote free speech and the OfS would have the power to impose fines on institutions if they breach this condition.

This would also extend to student unions, which would have to ensure that lawful free speech is secured for members and visiting speakers.

Individuals would be able to seek compensation through the courts if they suffered loss from a breach of the free speech duties - like being expelled, dismissed or demoted - under a new legal measure.

Education Secretary Gavin Williamson warned of the "chilling effect" of "silencing" in universities.

Mr Williamson said: "Free speech underpins our democratic society and our universities have a long and proud history of being places where students and academics can express themselves freely, challenge views and cultivate an open mind.

"But I am deeply worried about the chilling effect on campuses of unacceptable silencing and censoring.

"That is why we must strengthen free speech in higher education, by bolstering the existing legal duties and ensuring strong, robust action is taken if these are breached."

https://www.bbc.co.uk/news/education-55995979
 
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