[TheStig]

On a per capita basis, Scotland's share of the national would be around £190B or 93% of Scotland's GDP (£205B).

The cost of servicing the debt would be around £8B & the only lender at that rate would be the BOE.

The big problem for Scotland is public spending which is around £100B annually ... nearly 50% of GDP or 53% including debt servicing costs. This is the reason that Scotland has a budget deficit of £25B although this is likely to fall to £13B due to higher oil & gas revenues. Even if the oil price remains at this level, increasing the Debt/GDP ratio by 6.3% pa would make Scotland a basket case economy within 5 years. Debt & debt servicing costs would spiral & probably result in a technical default (the BOE would defer repayments rather than let this happen). It's likely that the war in the Ukraine will end long before 5 years in which case oil & gas revenue will fall... especially as the SNP/Green are want to legislate against fossil fuels.

 

[ninjag]

Shafted again in "bonnie" Scotland. Apparently, £43,662 is well paid. Really? Well if that's the case then can all the Scottish MSP's cut their salaries to this level, and whilst at it get rid of expense claims as well. Not a chance.

Income Tax up for the "well paid" to 42% in the higher rate income range. They have tried to be sneaky and said it is only up by 1p so people will think that's only a 1% increase, but it's not, it's a 2.43% increase. We already get hit by the higher rate far sooner than in England as well.

Additional Dwelling Supplement up by 50% to 6% only further on their determination to destroy the Buy to Let market up here.

Not forgetting that we already get shafted on our main properties as well with the 0% LBTT (Stamp Duty) only going up to £145,000 compared to England's £250,000 and the first time buyers relief is embarrassing here with it only going to tiny £175,000 compared to a more respectable £425,000 for England.

"A Budget for a fair Scotland"... BS. It's a budget to keep the great unwashed voting for them as none of it directly effects them in the short term and they are too stupid to realise that eventually when enough money has moved out there will be nothing left for their giro. Sorry, "wage".

 

[TheStig]

Shafted again in "bonnie" Scotland. Apparently, £43,662 is well paid. Really? Well if that's the case then can all the Scottish MSP's cut their salaries to this level, and whilst at it get rid of expense claims as well. Not a chance.

Income Tax up for the "well paid" to 42% in the higher rate income range. They have tried to be sneaky and said it is only up by 1p so people will think that's only a 1% increase, but it's not, it's a 2.43% increase. We already get hit by the higher rate far sooner than in England as well.

Additional Dwelling Supplement up by 50% to 6% only further on their determination to destroy the Buy to Let market up here.

Not forgetting that we already get shafted on our main properties as well with the 0% LBTT (Stamp Duty) only going up to £145,000 compared to England's £250,000 and the first time buyers relief is embarrassing here with it only going to tiny £175,000 compared to a more respectable £425,000 for England.

"A Budget for a fair Scotland"... BS. It's a budget to keep the great unwashed voting for them as none of it directly effects them in the short term and they are too stupid to realise that eventually when enough money has moved out there will be nothing left for their giro. Sorry, "wage".

The risk is that she's going to 'nickel & dime' her way to a significant taxation imbalance with the rest of the UK. If Westminster cuts taxes will Scotland be able to afford to do the same ... probably not because it will have been spent on public sector pay rises to keep the SNP ahead at the polls. A big enough imbalance will lead to a brain drain at both individual & corporate level.

 

[DAVENN]

Shafted again in "bonnie" Scotland. Apparently, £43,662 is well paid. Really? Well if that's the case then can all the Scottish MSP's cut their salaries to this level, and whilst at it get rid of expense claims as well. Not a chance.

Income Tax up for the "well paid" to 42% in the higher rate income range. They have tried to be sneaky and said it is only up by 1p so people will think that's only a 1% increase, but it's not, it's a 2.43% increase. We already get hit by the higher rate far sooner than in England as well.

Additional Dwelling Supplement up by 50% to 6% only further on their determination to destroy the Buy to Let market up here.

Not forgetting that we already get shafted on our main properties as well with the 0% LBTT (Stamp Duty) only going up to £145,000 compared to England's £250,000 and the first time buyers relief is embarrassing here with it only going to tiny £175,000 compared to a more respectable £425,000 for England.

"A Budget for a fair Scotland"... BS. It's a budget to keep the great unwashed voting for them as none of it directly effects them in the short term and they are too stupid to realise that eventually when enough money has moved out there will be nothing left for their giro. Sorry, "wage".

I assume that there is little much more you can do to protect yourself?
I'm reading that indy2 isn't likely this side of Xmas, or the next half dozen.
Will she soon retire to some other position above her ability and then ditch her faux marriage??

 

[ninjag]

I assume that there is little much more you can do to protect yourself?
I'm reading that indy2 isn't likely this side of Xmas, or the next half dozen.
Will she soon retire to some other position above her ability and then ditch her faux marriage??

Unfortunately, not a huge amount I can do at the moment but I'm often revisiting things to see if changes can be made and reduce my tax bill. No chance of moving away either, children are settled etc. Before we had children we were going to move to New Zealand and live there.

Alas, we were in Paisley at the weekend and my God it was like village of the dammed. Almost everyone either has a limp, dragging their feet, has a dole pole (some had double dole polls) or looked like proper gaunt junkies. The shopping centre was freezing cold, dimly lit and felt like it was on its last legs. Everywhere I looked I just couldn't shake the feeling that they were all getting a little chunk of my hard earnings for doing sod all and then probably scamming the free prescriptions etc to sell on. A huge assumption yes, but it wouldn't surprise me if it were accurate.

 

[DAVENN]

Unfortunately, not a huge amount I can do at the moment but I'm often revisiting things to see if changes can be made and reduce my tax bill. No chance of moving away either, children are settled etc. Before we had children we were going to move to New Zealand and live there.

Alas, we were in Paisley at the weekend and my God it was like village of the dammed. Almost everyone either has a limp, dragging their feet, has a dole pole (some had double dole polls) or looked like proper gaunt junkies. The shopping centre was freezing cold, dimly lit and felt like it was on its last legs. Everywhere I looked I just couldn't shake the feeling that they were all getting a little chunk of my hard earnings for doing sod all and then probably scamming the free prescriptions etc to sell on. A huge assumption yes, but it wouldn't surprise me if it were accurate.

You know it's a crying shame and , to be candid, your description of Paisley could easily be so many other towns in the UK....Blackburn for one.
However, yes...Nitler and the SNP have certainly played no small part in the glasgowlification of much of lovely Scotland.
I'm lucky enough to have spent a hell of a lot of time there ( mainly on business but socialising was a big part of my time there )...and adore Stirling especially.

 

[ninjag]

Looks like they are going to force through this gender recognition reform legislation, so like quite a few other countries you can now simply self identify and legally walk into single sex spaces. So from what I understand a man can now just say that he identifies as a woman and walk into a woman's changing area and it will be illegal to try and remove him. It's becoming quite surreal the world we live in.

 

[DAVENN]

Looks like they are going to force through this gender recognition reform legislation, so like quite a few other countries you can now simply self identify and legally walk into single sex spaces. So from what I understand a man can now just say that he identifies as a woman and walk into a woman's changing area and it will be illegal to try and remove him. It's becoming quite surreal the world we live in.

To be fair, fellas have been wearing skirts there for donkeys.

 

[Statler]

Looks like they are going to force through this gender recognition reform legislation, so like quite a few other countries you can now simply self identify and legally walk into single sex spaces. So from what I understand a man can now just say that he identifies as a woman and walk into a woman's changing area and it will be illegal to try and remove him. It's becoming quite surreal the world we live in.

That’s until said fella tries the same stunt in England and gets arrested.

Or here in Northern Ireland where they will be taken outside by pious Free Presbyterians and stoned to death.

This legislation will only apply in Scotland, which will make for much mirth and merryment in the next few years.

 

[DAVENN]

That’s until said fella tries the same stunt in England and gets arrested.

Or here in Northern Ireland where they will be taken outside by pious Free Presbyterians and stoned to death.

This legislation will only apply in Scotland, which will make for much mirth and merryment in the next few years.

it will until some poor kiddiewinkle gets some unwelcome attention and then it will be the tooooorrrriieeeees fault.

 

[ninjag]

That’s until said fella tries the same stunt in England and gets arrested.

Or here in Northern Ireland where they will be taken outside by pious Free Presbyterians and stoned to death.

This legislation will only apply in Scotland, which will make for much mirth and merryment in the next few years.

Aye, I read that Westminster is actually quite concerned about this and rightly so in my opinion. It's creepy.

 

[ninjag]

it will until some poor kiddiewinkle gets some unwelcome attention and then it will be the tooooorrrriieeeees fault.

The SNP seem to have an obsession with people's children; from the sinister Named Person scheme to the super creepy questionnaires going out to children in schools asking if they've done a-sex - questionnaires that they refused to show to the parents. I don't know for sure but I overhead a colleague mentioning that many of SNP and Greens driving these things don't have children, whether or not that reflects up this I don't know. But there's no greater leverage over parents than with their children.

 

[PeteA]

...Or here in Northern Ireland where they will be taken outside by pious Free Presbyterians and stoned to death...

 

[Statler]

At last…..

Thanks Pete.

 

[Horlicks]

Aye, I read that Westminster is actually quite concerned about this and rightly so in my opinion. It's creepy.

Only half of Westminster. The other half seems to want to adopt the same measures.

Keir Starmer: Pro-trans laws are needed across UK

Labour leader's vow to update rules on gender self-identification emerges in wake of controversial changes passed by Scottish Parliament

www.telegraph.co.uk

 

[idrobbo]

no wonder they were in a rush!

 

[ninjag]

I can't believe this was never spotted...

 

[DAVENN]

Whilst our love of Scotland is inversely proportional to their hatred of England ( I've deliberately used that term), perhaps we can try and have a nice discussion on the subject of their independence....

If not, unflattering pics of wee nippy are very welcome.

View attachment 184410

Something not right here....

 

[ninjag]

Looks like contracts for two new ferries have gone to Turkey. It will be interesting to see how this goes. I believe there's still £130M lost or unaccounted for with Ferguson Marine.

I cannot understand why anyone would still support the SNP. Such a person must either be incredibly bitter and hateful or immeasurably stupid...or both.

They walk among us...

 

[DAVENN]

Looks like contracts for two new ferries have gone to Turkey. It will be interesting to see how this goes. I believe there's still £130M lost or unaccounted for with Ferguson Marine.

I cannot understand why anyone would still support the SNP. Such a person must either be incredibly bitter and hateful or immeasurably stupid...or both.

They walk among us...

but not upright