Monday, 24 December 2012

House prices predicted to fall 1% in 2013

http://www.telegraph.co.uk/finance/economics/houseprices/9764478/House-prices-to-fall-1pc-in-2013-says-Hometrack.html

If the economy can live or die based on a few hours then the lie is exposed

http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/9764030/Morrisons-boss-vents-fury-over-government-inflexibility-on-Sunday-trading-hours.html

Morrisons profits for 2011 were £947m  up 8.4% on the previous year. So why is extending hours so important? We are being fed a lie. Do you want every single person in the UK sucked into believing this lie? Tescos is open 24 hours a day throughout the week except Sundays. So why is extending hours so important? Tescos profits in 2011 were £3.8bn up 5.3% on the previous year.

Worshipping GDP is now the unsaid official religion of the state.

Morrisons boss vents fury over government inflexibility on Sunday trading hours

The Government was accused of "ridiculous bureaucracy" in refusing to extend Sunday trading hours as retailers and supermarkets struggled to cope with the Christmas rush.
 
Morrisons along with other supermarket groups attempted to make the most of yesterday's six hour shopping limit. Tesco had 5,000 office staff helping out in the stores and re-opened its biggest shops at midnight last night to take full advantage of Christmas Eve trading.
Dalton Philips, chief executive of Wm Morrison, told The Daily Telegraph businesses "would have gone bust" if they had behaved with the same intransigence as the Government displayed over Sunday opening hours.
Morrisons along with other supermarket groups attempted to make the most of yesterday's six hour shopping limit. Tesco had 5,000 office staff helping out in the stores and re-opened its biggest shops at midnight last night to take full advantage of Christmas Eve trading.
Sainsbury's unofficially extended trading with a "lock-in hour" to enable late shoppers to stock up.
Supermarket groups have been the most vocal in the efforts by retailers to persuade the Government to make Sunday, December 23 a "special case" in relaxing trading restrictions.

Mr Philips and Andy Clarke, his counterpart at Asda, both wrote to the Government asking for Sunday trading laws to be increased temporarily. "I am very supportive of Sunday trading, but they should have adapted this Sunday," said Mr Philips. "It is ridiculous that they haven't extended the hours for this Sunday, and that worries me.
"Businesses go out of business if they are not fleet of foot, because they can't adapt. The Government hasn't been able to adapt on this Sunday. I worry that if they can't adjust on something small like that, how on earth are they going to be able to adapt on the big stuff?"
The Government told Morrisons that the Sunday hours could not be extended on December 23 because of "legal issues".
Mr Philips said he supported the Coalition's plans to cut the deficit, but added: "They are all working hard, we are all working hard. But some of the stuff we have just got to move on and get sorted out. We are very supportive of the Government trying to tackle the deficit, but there are things we can do to move faster."
Mr Philips is also looking for government help on other fronts. He wants to change the base used for calculating the annual increase in business rates to movements in the Consumer Price Index over a number of months rather than the Retail Price Index in a single month.
Retailers face a damaging 2.6pc increase in business rates, costing them £175m next year.
Mr Philips warned that the economy will be "difficult again" next year. "I think we are into a stage now where this is the new norm. It is going to be like this for 24 months. It's going to be very tough," he added. Morrisons, the UK's fourth largest supermarket, is under pressure with like-for-like sales down 2.1pc in the last quarter.
Mr Philips admitted Morrisons is in "transition" as it moves from a focus on traditional supermarkets to greater investment in fresh food.

Sunday, 23 December 2012

How government resources are being used to target the poorer and easiest

http://www.dailymail.co.uk/news/article-2252335/More-tax-staff-cutting-child-benefit-chasing-dodgers-Controversial-changes-eat-resources-chasing-millionaires-avoiding-tax.html

The row over ‘middle-class’ child benefit cuts deepened last night, with claims the controversial Coalition changes will eat up more manpower than chasing millionaires avoiding their taxes.
Treasury Minister David Gauke has admitted more than 450 tax officials will be needed to implement the ‘high-income’ benefit cuts from next month at a cost of more than £11 million a year.
He also signalled no new staff were being taken on, prompting fears people have been diverted from other vital work within Revenue & Customs.
Last night, Labour seized on the figures, saying that even the Revenue’s affluence unit – set up to target wealthy individuals trying to evade or avoid tax – had only 300 staff.
They also contrasted the benefit cutbacks staff with the Revenue’s ‘offshore co-ordination unit’, which focuses on citizens who hide money offshore to avoid UK tax – claiming that it would only have 100 staff by 2015.
Rachel Reeves, the Shadow Chief Secretary to the Treasury, said: ‘It’s shocking that HMRC is employing more staff to take money from hard-working parents than it does to clamp down on offshore tax avoidance and evasion.’
A Treasury spokesman accused Labour of using ‘disingenuous’ figures: ‘They ignore the fact the Coalition is investing nearly £1 billion in HMRC to combat evasion and aggressive avoidance.’

The benefit changes, which take effect on January 7, will affect around one million families.
Households with one person earning £50,000 or more will no longer receive full child benefit, worth £1,055 a year for one-child families.
But under the cutbacks, parents affected will keep receiving child benefit unless they notify HMRC by January 7 that they want to opt out. If they do not, any overpayment of child benefit will be clawed back in extra tax.

Police corruption on the rise

http://www.dailymail.co.uk/news/article-2252395/Shocking-62-rise-police-officers-investigated-corruption.html

Thousands move their bank accounts away from big banks

http://www.guardian.co.uk/business/2012/dec/22/banking-thousands-customers-switch-accounts

Millions face potential financial ruin; and food handouts double

http://www.guardian.co.uk/society/2012/dec/23/christmas-food-handouts-families-poverty

Hospital apologises for badly treating many patients

http://www.telegraph.co.uk/health/heal-our-hospitals/9762987/Hospital-apologises-to-38-families-for-appalling-care-that-saw-a-patient-starve-to-death.html

http://www.independent.co.uk/news/uk/home-news/jeremy-hunt-disgusted-and-appalled-by-reports-of-neglect-at-hospital-where-elderly-man-died-of-starvation-8430361.html