So the self-employed are to receive 80% of their average profit over the last 3 years. The sting in the tail is that this is where those who scammed the tax system and didn't declare their full earnings get their comeuppance. The honest ones will benefit.
Who will pay for the hit to the economy? Well, us through government borrowing and the sale of government bonds - the world operates on IOUs and those IOUs are traded like hard currency, a bit like toilet paper. However, if governments were to agree to simply print money, there would be a plentiful supply for government to use without borrowing. Sure, your currency would devalue, but not if all governments agreed to print a certain percentage of their annual GDP. The only devaluation would be against the economies of Mars or Venus - we're all in the same boat. Am I guilty of proposing a very simple solution to a very complex problem? Probably.
Who will pay for the hit to the economy? Well, us through government borrowing and the sale of government bonds - the world operates on IOUs and those IOUs are traded like hard currency, a bit like toilet paper. However, if governments were to agree to simply print money, there would be a plentiful supply for government to use without borrowing. Sure, your currency would devalue, but not if all governments agreed to print a certain percentage of their annual GDP. The only devaluation would be against the economies of Mars or Venus - we're all in the same boat. Am I guilty of proposing a very simple solution to a very complex problem? Probably.
James Dyson now has a contract to develop and manufacture several thousand much needed ventilators. But why, oh why did the government snub offers from existing manufacturers who merely have to upscale production and not go into research mode and regulatory approval before they can even start to manufacture.
Over a week ago, government was contacted by the ventilator manufacturer Direct Access with an offer to upscale their existing production to provide 5,000 new ventilators - the company has heard nothing since. MEC Medical, which is an existing manufacturer of ventilator parts, contacted the government about upscaling production - the company has heard nothing from the government.
Dyson could well be cheaper, but how would anyone know without at least talking to those companies? Yes, Dyson has offered to donate a large number, but that wasn't known previously either.
Not only that, but the government has refused to join the EU's Joint Procurement Schemes that would have allowed bulk procurement cheaply and quickly. The prime minister’s spokesman said, “because we are no longer members of the EU,” despite receiving an offer from the EU. Furious back-peddling is apace and slopey shoulder merchants within government are now in action.
Last night we joined in the Clapping for the NHS, but as we live in a sparsely populated area, I thought a bugle call would be more appropriate to give added penetration of the night.
I bought an old bugle some months ago as a decorative item, primarily because it had a resemblance to the bugle I used to play in the nautical school band some 50 years ago. Hay filmed my preparation just before 8pm - bear in mind I hadn't blown one in half a century and the mouthpiece was so small that it must have been designed for a bugling goldfish.
The actual performance was a tad better.
Over a week ago, government was contacted by the ventilator manufacturer Direct Access with an offer to upscale their existing production to provide 5,000 new ventilators - the company has heard nothing since. MEC Medical, which is an existing manufacturer of ventilator parts, contacted the government about upscaling production - the company has heard nothing from the government.
Dyson could well be cheaper, but how would anyone know without at least talking to those companies? Yes, Dyson has offered to donate a large number, but that wasn't known previously either.
Not only that, but the government has refused to join the EU's Joint Procurement Schemes that would have allowed bulk procurement cheaply and quickly. The prime minister’s spokesman said, “because we are no longer members of the EU,” despite receiving an offer from the EU. Furious back-peddling is apace and slopey shoulder merchants within government are now in action.
Last night we joined in the Clapping for the NHS, but as we live in a sparsely populated area, I thought a bugle call would be more appropriate to give added penetration of the night.
I bought an old bugle some months ago as a decorative item, primarily because it had a resemblance to the bugle I used to play in the nautical school band some 50 years ago. Hay filmed my preparation just before 8pm - bear in mind I hadn't blown one in half a century and the mouthpiece was so small that it must have been designed for a bugling goldfish.
The actual performance was a tad better.
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