David Harris
@DavidHarris86
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Erstwhile commentator on Investment and City matters. Observer of life and it’s anomalies. Distrustful of political mouthpieces and extremes.
London
Joined January 2012
RT @truemagic68: Everyone should buy 8th Feb Spectator to read that BRILLIANT head teacher Katharine Birbalsingh’s excoriation & vilificati…
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The policy never had an iota of common sense or logic. It will make /save no money. Pure political spite and bile and a typical Socialist/Liberal dislike of success
The TIMES (front page) - "Packed State Schools Have No Room For Private Pupils!" - Now there's a surprise! Shock! Horror! - "Is the Pope a Catholic?"
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They might this year😂
Aston Villa haven’t won a trophy for 29 years
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Excellent article. Hope more now appreciate and understand the “lag” effect cuts ( or rises) go through before their effect is felt. From a simplistic man’s point of view I believe the BOE should have gone “faster and sooner”. Sales by BOE of Gilts at a loss also appall me🤬🤬
My Sunday Times piece: The Bank of England is cutting interest rates and will do so some more but it takes longer these days for this to feed through to stronger economic growth: Interest rates are falling. When will we feel the benefit?
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AC/DC live in the Berlin Olympiastadium on 30 June
Going to Germany this summer for a mooch about. Where should we go? Obviously Berlin. Where else? Plan is to get trains. Is there a cheap way of getting tickets? Help please. thanks
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@hotspurspodcast Sorry don’t think I actually sent this to you? I do follow Elon but mostly ignore his diatribe- he does have some good ideas in my view but they are counterbalanced by “tosh”!
I see far more nonsense from so-called football supporters who think that they could run a club, coach and pick a side, and identify young future talent, far better than those who are actually qualified to do so!
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I see far more nonsense from so-called football supporters who think that they could run a club, coach and pick a side, and identify young future talent, far better than those who are actually qualified to do so!
Interesting. Maybe it’s who you choose to follow? My account does not look anything like that
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Interesting. Maybe it’s who you choose to follow? My account does not look anything like that
Twitter now is 75% @elonmusk tweets, 20% girl-bots & 5% things you actually are interested in. Musk has completely ruined a really good idea. Thanks very much
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Keep saying it David. Words are cheap. She ( and her cabinet colleagues) have admirable aims but then revert to type ( spiteful and full of political bile and prejudice) in the high tax, anti - growth policies they introduce. Heaven help future generations
TIMES today - REEVES: ‘Britain needs a dose of positivity.’ That comment should send business into orbit, incandescent with rage! She’s been advised accordingly by business since July 2024, but the Chancellor chose a path of ideology rather than pragmatism and growth. Great pity
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Do todays politicians ever stop and think how stupid they sound. Their language and “soundbites” are so out of touch with those they seek to impress. This country deserves better!
Wes Streeting, "We feel in Starmer's Labour government that it's our responsibility, at this moment in history, to be the light for progressives around the world, and that's our determination"
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The pound
It's now overwhelming that we in UK now want to rejoin the EU. For those hard line leavers - which tangible brexit benefit will you miss the most when we do rejoin the EU. ? Even just one. No deflection - just answer the question.
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That would be a start but much more is needed despite the undoubted short term pain that will result. “The patient will not recover without the right medicine”
The government has to cut spending and borrowing. Start with the huge losses at the Bank of England by stopping the sale of bonds. Announce a programme to raise public sector productivity with recruitment freezes on staff other than front line like medics.
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Read, digest and learn There is a potential economic tsunami on the horizon if Governments do not start paying proper attention to the debt mountain. It must be reduced.
Some are pointing out that the dumping of government bonds is a global problem, which it is. The world is awash in too much sovereign debt and investors are nervous. But UK government borrowing costs have risen twice as fast as our global peers this week while the pound sank to its lowest level since 2023 on Thursday.
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An across the board review of Government spending and reduce budgets across all departments. Unpopular, yes, and everyones living standards would fall in the short term. A necessary evil to create a platform to ultimately move forward. Debt is the biggest drag on UK prosperity
@DavidHarris86 David, what decisions would you make to reduce the debt? Saying “reducing debt” is rather easy. What exactly would you do to do this? where would the cuts come from?
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Top of the list would be reduction in the enormous debt the Country is saddled with. Most could then easily produce a fuller list that did not consist of ideological or political bias
@DavidHarris86 @truemagic68 Decisions such as?
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Every picture tells a story!
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Neither. In my opinion much of the difficulty the UK faces today eminates directly from them. We were in a mess due to the previous administration last July. 6 months later the mess has simply got worse. Utter incompetence and unwillingness to take tough but necessary decisions
@darrengrimes_ RISHI SUNAK by a country mile!
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Great analysis Simon Difficult waters to navigate for Government Much of the difficulty is perceived ( rightly or wrongly) as of their own making. Competent Governments switch course when circumstances change. We shall see!
And overlaying all this is a global backdrop where investors have lots of options for (recently) high yielding returns so are questioning why they should devote their marginal Euro/ Dollar/ Yen/ Yuan to fiat-denominated sovereign debt. Cant blame the UK govt for that - but it is the context they are operating in (END)
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No chance. Politics in the UK is bereft of both talent and experience. Part of the fault is MSM and Social media (your programme typifies the hysteria) Everything has to happen immediately. Few of talent or ability can be bothered to subject themselves to this scrutiny
Is it time to give Keir Starmer a chance? The Prime Minister has said he wants to bring the nation together in 2025 after a year of political change. Do you think he can do it?
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All very true although most Socialists will say “ Get over it, you lost”! However, despite their overwhelming Parliamentary majority, for all the reasons you state, and more, I do not believe the PM will be in office when the next election comes around Voters deserved better!
If Keir Starmer had said before the election that he would remove the winter fuel allowance from millions of pensioners, betray WASPI women, add inheritance to family farms, council tax & energy price increases, raise university tuition fees, plaster mass-scale solar panels on thousands of acres of prime farmland despite huge local community objections, spaff £22bn of taxpayers’ money on carbon capture machines, give £3bn a year of taxpayers’ money to Ukraine, pledge a 20% cut in meat & dairy and get exposed for receiving over £100,000 worth of freebies - he almost certainly wouldn’t have won. He duped the electorate. An utterly shameless display of snake oil political salesmanship. And yet he still lectures all of us in that gratingly sanctimonious manner of his like we are all somehow the problem.
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