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.

Gove is turning out to be a first class shit!

How on earth can he change spots like that?

Who does he think will employ him after the event? May?? lolol, maybe as a bog attendant.

The CV is clearly not true. In fact her team have amended her CV today to correct the faults. It is the sort of CV that contains huge exaggerations in order to get a senior job. In the commercial world, it happens a lot. For the office of PM, it is unacceptable.

There are very specific types of experience that she has claimed which are totally untrue. In particular, she claims to have run teams of people numbering 30 or more. Her previous employers have said that she did not manage anyone at all.

Her finance experience if almost non existent. She had only been qualified as a finance worker three months before she left her job. She claims to have been head hunted as a finance expert when in fact she joined a relative's company as a marketing person. Almost every aspect of her CV contains false information.

Haze,

How similar is that cv to yours/

I thought it was typical of a tory cabinet minister.

Yes a bit like Mays and her associates claiming that because she's been
home secretary for six years she must have been successful...


Wrong!...If you think that ever increasing immigration and open door
borders where immigrants can walk through a tunnel over 23 miles long
or sail across the channel, and still fail to deport them....I DON'T!!!..

SHE'S BEEN AN ABSOLUTE DISASTER.....

Yes, but she is Teflon coated. (very handy)

I like the 2016 item.

That's a good one :-)

Looks like the remain pr team have been hard at work.

Oh piss off, Jean-Claude Juncker.

— Elizabeth Windsor (@Queen_UK) 5 July 2016

Had forgotten how much one dislikes Tony Blair.

— Elizabeth Windsor (@Queen_UK) 6 July 2016

Mark Cavendish wins stage 6 of the Tour and the 29th of his career. 3rd win on this tour. Second in the all time list of winners and way ahead of all if time trials are excluded.

If one thinks about it, after reading Lead Some's CV, she would appear to be the most suitable leader of the Con artist's party.

Another leader you can put one's trust in!

Already, a truthful and good follow on to the barrow boy Dodgy Dave.

as opposed to that fine leader JC!
what a sad disappointment he is ....... he should no more have been elected than michael foot was

Manuel.

While I question some of Jeremy's policies I think he seems a more honourable man than the majority who seem to be in leadership roles of the cons or UKIP parties.

I would wear a pair of gloves if forced to shake hands with the present candidates and their backers of either the latter parties.

I am not sure what Corbyn is up to, I wait to see.

My hopes are that he is working on "future" feasible policies.

But with the chaos created by the incompetent actions that Cameron's stunt of the referendum has produced, it may be sensible for the Labour and liberals to observe and comment rather than attempt to govern.

He has dealt a hand to his followers to play, which looks very dodgy!

i have never questioned corbyn being a man of principle, insofar as any politician is, but by no stretch of the imagination could he be described as a leader

sorry to disillusion you, but i don't think that corbyn is up to anything ...... as a leader, he is just a limp lettuce
he showed his leadership credentials in his less than half-hearted support of the "remain" campaign, which was clearly where the rest of his party wanted to be - even he personally did not
the recent surge in labour party membership feels distinctly suspect and engineered, rather than a reflection of admiration for "the lettuce"

Atlee wasn't seen as a leader, and was quiet, sparing with his words and not brash or flash in the pan like some prefer.

However, Atlee was seen as one of the most effective and reforming leaders of the past 70 years.

However, I observed that often when somebody who had been quiet during a committee meaning spoke end of it, they often spoke more sensibly than many other more vociferous members had done.

I don't know, I am prepared to wait and see.


But there does seem an unnecessary haste by some tories to denigrate and get rid of Corbyn.

I am wondering why?

because the tories and indeed the country need a credible opposition, and jc as leader is just "the lettuce"

fwiw atlee led the labour party from 1935 to 1955, and that is a lifetime ago!
indeed, politics in that long-past era was a totally different game from what we have now

And due to the tories a more dishonourable game.

Governing on lies comes to mind.

oh do stop being so boring and repetitive and just grow up!

politics is different now as much as anything because of television and all that that has brought
and of course the world has moved on immeasurably even since 1955, never mind 1935

From the FT at:

http://www.ft.com/cms/s/0/0dda9446-4367-11e6-b22f-79eb4891c97d.html#ixzz4DkTMPYCP

Last updated: July 7, 2016 4:55 pm

Market commentators discuss what will happen to sterling

The pound has fallen more than 20 cents in the wake of Brexit. Analysts expect further declines. With sterling appearing set for one of its biggest slumps in the modern era, rivalling those of the financial crisis and the ejection from Europe’s exchange rate mechanism in 1992, the FT sought the views of market commentators on what happens next to the currency.

How low will the pound fall?

George Magnus, senior economic adviser at UBS: A 20 per cent fall from pre-referendum levels was likely, so $1.15 remains the base case. But if there is a sharper than expected economic contraction or the political impasse drains confidence, “parity is quite possible”.

Simon Derrick, head of BNY Mellon’s markets strategy team: The peak to trough decline in sterling against the dollar was 29 per cent in 1992-93 and 34 per cent in 2007-08. Similar declines would today drive sterling down to $1.22 and $1.1350.

David Blanchflower, professor of economics at Dartmouth College: Sterling could go well below $1.20, as “this is a classic response to uncertainty, to trade flows and to the fact the Brexiters had no plan”.

Michael Metcalfe, head of macro strategy at State Street: Sterling’s fair value is $1.47, so a not-uncommon diversion of 20 per cent takes you to $1.20. “But we are most concerned about foreigners selling gilts.” A Bank of England rate cut into an inflationary environment could see foreigners dump their gilt holdings.

Who gains from sterling’s plunge?

Mohamed El-Erian, chief economic adviser at Allianz: Winners from a cheaper pound include exporters or domestic producers that compete against imports and certain service sectors, “particularly tourism”.

Supriya Menon, senior multi-asset strategist at Pictet Asset Management: The FTSE 100 index is a net beneficiary, materials and energy companies certainly benefit given a US dollar revenue stream and still stable commodities prices.

George Magnus: Exporters are the principal gainers — they are well represented in the FTSE 100. “But they have to be able to sell rising amounts of goods and services into a stagnant world trade environment. So it’s not a ‘water off a duck’s back’ issue by a long way.”

Who loses from a cheaper pound?

Mohamed El-Erian: UK tourists will find overseas holidays more expensive. Domestically oriented companies suffer twice over — from dearer imported components and decline in demand for their output “as the cheaper pound is accompanied by a slowdown in economic growth, if not a recession”.

The pound’s value prompts the question as to whether it is a blessing or omen

George Magnus: Consumers will pay more for food and raw material and other imports. If a weaker pound dampens real wages, local companies and housing markets should weaken.

Supriya Menon: “We have downgraded our growth forecast in the UK from 1.9 per cent to 1 per cent this year and believe there is a risk the UK falls into a recession in the third quarter of 2016.”

At what level does a falling pound raise capital flight concerns?

Simon Derrick: There is no level at which a falling pound raises capital flight worries. “More importantly, I’ve seen no evidence of capital flight.”

Mohamed El-Erian: Significant capital flight is a risk “if the decline is viewed as a ‘repeated game’ and with no anchor on the horizon”. Moreover, the BoE cannot raise interest rates to stabilise the foreign exchange market. “In fact, the BoE is more likely to cut rates than to hike.”

George Magnus: A disorderly fall in the pound is effectively “a pound that’s falling because of capital flight”. It is not a specific level that triggers capital flight worries, it is the manner of the decline and what it tells us about capital outflows.

Michael Metcalfe: It is not the level but the pace of move allowed. “If sterling is falling rapidly and policymakers appear to be ignoring it, there is a risk of capital flight.”

Will we look back and think the pound was absurdly cheap?

Simon Derrick: Sterling has been trending lower since the Nixon shock so all things are relative. It is certainly cheap compared with the past 30 years. But the price of the pound post-1985 also looked cheap to anybody that remembered where it had traded in the 1970s.

Mohamed El-Erian: EU negotiations will determine sterling’s fair value. A prompt comprehensive free trade agreement would make current levels look “very cheap”. Short of that would make the pound’s level look like a “new normal, if not more appreciated compared to where the currency ultimately settles”.

George Magnus: Sterling does not look cheap at the moment because “we don’t yet know what level is consistent with political and policy risk”, nor how deep/shallow or protracted the downturn will be. “Absurdly cheap will be where and when the pound overshoots on the downside. That could still be a long way off.”

David Blanchflower: The best case for the pound may ultimately be action by central banks which is likely to follow: “This will generate a response. This is literally for the Fed a culmination of the mistake it made in December [by raising rates]. The next move for the Fed is going to be a cut.”

Supriya Menon: “We don’t think we are at the point where the pound has found its floor — and uncertainty is expected to rise rather than abate in the short term. So we don’t think it is compelling value just yet.”

Michael Metcalfe: “Yes. It is already quite cheap and it could get cheaper.”