A Different View on our Finances

[Dewi9]

Has anyone seen the article in the FT(Financial Times) giving an alternative view on UK finances ?

It would seem we are near the bottom of this league table as mostly all of our National Assets (the Family Silver) has been flogged off over the years - which we all knew, of course.

So, should we suddenly be asked to 'balance the books', we are likely to be declared bankrupt.

Hey Ho, more depressing news. To read more, follow the link -

https://www.ft.com/content/3ee09db6-cbb8-11e8-b276-b9069bde0956

David

[Harold Gough]

Re: A Different View on our Finances

To read more, follow the link -

https://www.ft.com/content/3ee09db6-cbb8-11e8-b276-b9069bde0956

David

To read the article I need to subscribe.

Anyway, I believe that I heard, somewhere, a few years ago, that a country cannot become bankrupt.

Harold

[Naughty Nigel]

Re: A Different View on our Finances

Has anyone seen the article in the FT(Financial Times) giving an alternative view on UK finances ?

It would seem we are near the bottom of this league table as mostly all of our National Assets (the Family Silver) has been flogged off over the years - which we all knew, of course.

So, should we suddenly be asked to 'balance the books', we are likely to be declared bankrupt.

Hey Ho, more depressing news. To read more, follow the link -

https://www.ft.com/content/3ee09db6-cbb8-11e8-b276-b9069bde0956

David

Oh. So who sold the family silver, or rather our gold reserves?

Doesn't sound very prudent to me.

[Harold Gough]

Re: A Different View on our Finances

Oh. So who sold the family silver, or rather our gold reserves?

Doesn't sound very prudent to me.

Gordon Brown, at the very bottom of the market!

Harold

[TimP]

Re: A Different View on our Finances

Oh. So who sold the family silver, or rather our gold reserves?

Doesn't sound very prudent to me.

[Internaut]

Re: A Different View on our Finances

To read the article I need to subscribe.

Anyway, I believe that I heard, somewhere, a few years ago, that a country cannot become bankrupt.

Harold

If you Google the article, you might be able to read it (think they allow one free article a day). As for whether or not a country can go bankrupt, we might be about to find out...

[Wally]

Re: A Different View on our Finances

EU policy of fudge and delay may work with the UK, but not for Italy

More fudge, anyone... https://www.telegraph.co.uk/business...ds-hit-danger/

[Naughty Nigel]

Re: A Different View on our Finances

As for whether or not a country can go bankrupt, we might be about to find out...

Venezuela seems to be getting close to bankruptcy despite its mineral wealth.

Give Jeremy a five year term and we may well follow.

[Harold Gough]

Re: A Different View on our Finances

Venezuela seems to be getting close to bankruptcy despite its mineral wealth.

[Wally]

Re: A Different View on our Finances

Breaking news... but not as we know it


What he said: I’m pleased to announce the Budget will take place on 29 October. I’ll set out how our balanced approach is getting debt falling while supporting our vital public services, and how we are building a stronger, more prosperous economy.


My interpretation: The Chancer of the Exchequer, Philip Hammond, has announced that the Fudget will take place on 29 October.

This will set out the government’s plan to build a stronger, more prosperous economy, building on the recent Spring Statement and last year’s Fudget.