Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

Government ministers do not run their ministries in the conventional sense. They guide policy and civil servants do the actual work. A minister does not need technical expertise of a particular ministry to run it. If they did then it would not be possible to shuffle people around. Osborne has economists in the Treasury and OBR to do the number crunching. Most of the best Chancellors were not economists.

TOSH.

Of course ministers don't run anything, they are simply the front men put on display, the faces of success or failure... It'd be cheaper to simply have an icon for each of them and a dam site cheaper too....

Now lets get hays selective polls into context, heres the polls out yesterday........


UK polls:

Populus: LAB 37%, CON 34%, UKIP 12%, LD 9%

ICM: CON 34%, LAB 33%, LD 12%, UKIP 9%

YouGov: LAB 38%, CON 35%, UKIP 10%, LD 8%

the Guardian ICM is obviously a rouge poll as it gave Labour a easy lead last week.

Shortie itd be even cheaper if they were specialists in the department they cover, then we wouldnt have to pay the hangers on.

GF do you really believe that your polls are anything more than an elaborate distraction... If not then surely you must understand the differences between the four parties being polled..

Theirs ONE BIG THING about this so called recovery that worries me, why havent the Banks and Miners performed?????????.

Usualy a yardstick for economic recovery, or is it again a recovery built on Credit.

Shortie the polls arent mine, I believe the polls as Hays says are showing the trend and the trend is showing labour to have an out right majority victory at the GE.

And yes I understand the difference between a party who is hell bent on Privatisation and a party who takes on board responsible capitalism.

In fact the exact figure is 54 seats for a labour majority after yesterdays polls.

http://ukpollingreport.co.uk/

gf
The polls above have one thing in common. They all show UKIP falling to 9%, 10% and 12%. That's about half the level needed for one MP. As the election approaches, UKIP will implode.

Not bothered about UKIP but you should as a Tory. These figures as you put it are falling but its not affecting labour.

What YOU should be worried about is todays increase in inflation and just how far off interest rate rises are. The housing market is at boiling point, these measures Carney as put in place are not working.

Hazy One,

In the present case of Cameron and crew the "Blind overseeing the Blind".

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Shortie,

Bet you are glad to get that off your chest.

8-)

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I have to admit, although I enjoy mocking the present incumbents of No 10 and cohorts who in comparison to previous administration appear incompetent I wouldn't like their briefs and accept grudgingly that some are "bright".

(But rank IDS and one of the most stupid ministers of recent time. Bluster, and more bluster.)

The only problems I really have is that they are not building for the future and rather than the thinking of the good for all of society are more inclined to try to protect their own political arses.

They are reactive not really proactive.

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But in that they are so open to ridicule, I will help them along.

Hays hays Hays....daily Politics, ........sacked Tories are seething and out for a fight.

Does that mean both sides huffing and puffing!

Does anybody know the average unit house price of TW. new buys?

In and outside London preferably with numbers?

Housing market is cooling.

LOL not so, the meeting is still going on this speaks volumes.........

11.20 Carney: UK housing market is biggest threat to recovery in the medium-term
Onto housing...and Mark Carney says that the UK housing market is the biggest risk to the durability of the recovery in the medium term.

The Bank's fear is that lenders become too reckless -- granting loans that are too risky, leading to too much indebtedness.

Carney explains that British people have a great record of repaying their mortgages, however deep their financial problems. That means they slash spending on everything else, hurting the wider economy.

His colleagues also weighed in:

BANK OF ENGLAND FPC'S TAYLOR - NOT SUSTAINABLE FOR HOUSE PRICES TO RISE FASTER THAN WAGES INDEFINITELY, BUT CAN CONTINUE FOR QUITE A LONG TIME
BANK OF ENGLAND FPC'S KOHN - FPC CANNOT REALLY ADDRESS RELENTLESS UPWARD PRESSURE ON HOUSE PRICES

Carney explains that British people have a great record of repaying their mortgages, however deep their financial problems. That means they slash spending on everything else, hurting the wider economy.

Recovery!!

Or just about averted Financial Oblivion for now?

Just listened to EU "debate".

Farage and cohorts in Europe remind me of tub-thumpers and pub room brawlers.

Only Farage stirs it and then disappears before the law arrives.

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Where does Daniel Hannan get his finances from?

categorically the housing market is now much quieter than it was, though there is still good life in it
This is partly the usual summer lull, and also some uncertainty as to what the new mortgage rules are and how hard they will be applied

how much effect a rate rise (it'll only be 0.25% as/when it happens) will have is hard to gauge, but probably not a great deal