More than 600,OOO UK companies in financial distress. Labour's answer? More financial burden.

 

In recent years, the level of taxation imposed by Labour authorities increased exponentially. 

Congestion charge? ULEZ? Parking permits? Announced increased of capital gains and national insurance payments? 

Not enough with having to contend with rising costs of utilities - to name one range of expenses for any business to deal with - more regulation on the horizon.

After COVID,  the energy crisis, and after the energy crisis a Labour government that is bent on creating new obstacles along the way.

When we talk about more than 600,000 businesses in trouble, we are surely talking not mainly about big operators, but about medium size and small businesses, many of which might certainly be family businesses.

The amount of money people spend shopping has dropped and this means less revenues for companies, whatever their size. If you add regulation and taxation, there is going to be less monies to invest in the normal economic cycle. If by cutting down the flow of money in the normal economic cycle, unemployment and subemployment rise then the Welfare State will be affected. The annnounced intention to cut down welfare payments by 3 billion Pound is pie in the sky. It is for the birds. Lack of economic activity due to people having less money in their pockets will lead to unemployment. The natural consequence is that several things will grow: domestic violence, street crime, deprivation, and illness.

Taxing people and companies to the hilt will not produce economic growth. 

Birmingham and Slough are clear examples of how unfit the Labour Party is for government.

Slough bankrupt. Birmingham bankrupt. Liverpool under special measures. This is what the Labour Party has done in government. Corruption, mismanagement, misuse of public funds, and unpayable taxes including Council Tax and now with the addition of ULEZ and parking permits. 

Keir Starmer and the Labour Party Cabinet can claim that they have solutions that they clearly do not have. When asked on the streets, the inhabitants of Birmingham are talking about leaving Birmingham and such is the level of disarray.

As if this wasn't enough, extraordinarily high number of migrants including illegal migrants, are loading local authorities, regional authorities and government with spiralling levels of indebtedness. People who arrive in the country without any documentation and without even knowing the language of the country and practically no skills are occupring local facilities and turning local communities into a living hell. 

Local inhabitants are taking to the streets but those who are supposed to represent them are not listening. Based on ideological stances, elected representatives care more about illegal migrants than they care about those who got them elected.  

Environment: Rishi Sunak - politics and realism - what we would like to do, what we can do

 

As people walk away from religion, new cults arise and the environment has become a cult and the messiahs of such cult don't have to be in charge of making hard decisions that need to be made to keep countries going.

I would like to have a mansion in Monaco, a very big yatcht, round the year vacations around the world in picturesque places while staying in six star hotels. Can I do it? Can you do it? The vast majority of us cannot.

As Prime Minister, Rishi Sunak has the duty to bring us down to earth, to stop dreaming impossible dreams, to deal with reality and reality tells that that the mount of electricity and infra-structure needed for a radical transformation of society to get rid of all fossil fuel consumption is beyond our means. The National Grid with all the additional energy supplies proved by existing sources cannot cope because electricity demands vastly surpass whatever we can produce. Not even nuclear energy can provide such enormous supply of energy and what ordinary people should become aware of is the fact that having an electric car will increase your taxes and your electricity bills since in vast majority of cases you will have to plug your vehicles to the same energy infrastructure used to provide electricity to your homes. Taxes on electric vehicles and on the use of electric vehicles are already rising for a very simple reason. The taxes applied to fossil fuel vehicles will be applied to electric vehicles. In London of all places, consumers have been hit by a whole package of new taxes. They were paying Congestion Charge, parking costs, added to the costs of running vehicles and now they will have to pay for ULEZ, and to park cars in front of their own homes. On top of that, the parking costs paid by private companies to provide services to other companies and residential properties are going to be added to bills for delivery, house refurbishments, and other basic services. So it is a never ending cycle of paying tax, tax and more tax that will exhaust consumers. Regardless of any income increases, taxes are eating away private incomes and this includes pension payments that people receive when they retire.

So delaying the implementation of measures that are beyond the scope of reality is a very sensible thing to do and this is exactly what the British Prime Minister Rishi Sunak has just announced. The messiahs of the new environment cult can say whatever they want. They don't have to make harsh decisions. They don't have to be accountable. Some like to constantly talk about impending doom and live in a world of their own. They constantly talk about what they would like to do, but they never talk about the economic and social costs of what they are proposing.

 

UK Birmingham City Council bankrupt, but more local authorities to follow. Is Sadiq Khan trying to curb deficits using ULEZ and parking permits?

Birmingham City Council has gone bankrupt, but many other local authorities are on the brink of bankruptcy.

Has the expansion of ULEZ and parking space permits a lot to do with plugging London's finances and very little to do with the environment.

Putting up Council Tax is a very unpopular decision in Labour Party dominated London. Most importantly because evasion of payments of Council Tax is going up and local authorities know that putting up Council Tax payments in London means that less people will pay Council Tax. Like other local authorities across the land, London Authorities are desperate for money and running out of time to pay debts before services delivered by local authorities are compromised.

Getting closer to an election year, Sadiq Khan has been campaigned very hard for the extension of ULEZ and for the imposition of parking permits (Council Tax under another name) with the excuse of protecting the environment as a way to make people forget that it is actually a rise of Council Tax.

Local business are being starved of funds. It was not enough with having to pay extortionate business rates, insurance, maintenance payments and rental agreements in a economy that underwent lockdown measures with nefarious consequences. During the imposition of lockdown measures, small businesses across not just London, but across the land closed their doors. Income tax is a tax based on real income. All other expenses have little to do with what a business can actually make. Most other taxes are taxes that have to be paid regardless of how much a business makes and the smaller ones suffered the brunt. But big companies were not untouched. Some managed to cope and others are now showing signs that it is game  over for them. Some are being acquired and rebranded, but in any case jobs losses are unavoidable.

In some cases, businesses are collapsing because of ULEZ, parking permits, and traffic changes that push customers away. Overnight, a local business might be closing its doors because the aforementioned - ULEZ, parking permits, and traffic changes - have literally left them without enough customers to pay taxes and other bills.

If businesses big and small go down, the expansion of ULEZ and parking permits and traffic changes are going to deliver a Pyhrric Victory for local authorities and the state treasury. If businesses go down, tax receipts go down. If businesses go down, unemployment goes up and the Welfare budget that includes payments for unemployment will go up.

Instead of helping businesses recover from years of lockdown, local authorities will bankrupt themselves by bankrupting businesses that support the local economy that produce the income that local authorities very much need.

  

 

Three by-elections: wasted opportunities for the Opposition

When you are trying to make a major political impact, you must ensure that candidates that are certain to win the election are heavyweight candidates. For whatever reason both Labour and Liberal Democrats play their cards wrongly. 

The Liberal Democrats chose a totally inexperienced 25 year-old and Labour chose a woman who can only perform well with soft interviewers. As soon as she was press for answers, she faltered. 

ULEZ was a major disaster for Labour in area in the outskirts of London where there are major difficulties for public transport and people are forced to use cards for their day to day activities and businesses. As it was expected, voters rejected Labour's ULEZ zone and gave the victory to the Conservative Party that maintained a strategic Parliamentary seat that was the now former Prime Minister Boris Johnson's seat. Labour wanted to make a good impression and failed miserably, courtesy of the Mayor of London Sadiq Khan that persists with his plan to include areas like Uxbridge as part of the ULEZ plan.

When you look at the leader of the Labour Party, Keir Starmer, he has the odds stuck against him. In an area where people are religious and traditionalists, the present himself as the man that thinks that women have penises. In an area where people unavoidably need vehicles to move around and to survive, Keir Starmer presents himself as the 'anti-car' candidate. Ordinary people who earn a meagre living don't need any more taxes, but Labour insists in creating new taxes at local level. Labour talks about parking permits to be paid for by local residents. ULEZ to be paid by local residents. Labour talks about company permits that will make local services a lot more expensive. In its elan to 'save the planet', Labour is sacrificing ordinary Britons. 

If finding jobs is difficult and especially for those with fewer skills, Labour wants to import more illegal immigrants. If finding accommodation is expensive and sometimes impossible to find, Labour wants more foreigners to take over the jobs done by local residents and more foreigners to take whatever accommodation is available leaving local residents with nowhere to live in. Labour supports cranky individuals that go around causing disturbance and preventing access to hospitals, to name a few of the things that a minute bunch of crackpots have been involved in.

When it comes to defend democracy, Labour is nowhere to be seen. Does Labour support closing bank accounts for political reasons? Well, Keir Starmer has kept quiet on this subject and this leads people to believe that he is very much in favour of political repression. As somebody stated, Keir Starmer keeps quiet because he has nothing to say.