Labour Party Conference kicks off. Excited?

Jezza99

I see the left have got their jackboots on......

Cliff

Buy PFI Shares with government bonds is the answer -
Laura Kuenssberg on Twitter

Bl4ckGryph0n

We all know that is not the answer. That is just putting us all in more debt that our children will have to pay off. Not only that, I expect the PFI contracts are worded in such a way that if you want to buy them back you will have to pay a large penalty to make up for the short fall in interest that would have been paid. So the bottom line is that it would be a more expensive for us all.

Jezza99

Would that be the PFI contracts set up by the last Labour government?

Ruperts slippers

McDonnell forgot to mention that little fact

Tigerlaser

That wasn't labour That was New labour, this is new Labour. Get with it you two hehehehe

Jezza99

This is the point, and it's not just illegal under EU law, confiscation is illegal under UK law as well. I'd like to see them try, it would be a bloodbath.

EDIT:

Cost of  FULL market rate compensation estimated at £60 BILLION.

Pacifico

The Tories borrowing?

So nothing at all to do with the inherited deficit from labour?

As for Saudi Arabia. Zzzzzzzz. If they bomb London then you might have a point. But they don't.

Tigerlaser

The solution to the problem is for people to STOP borrowing, the market will just find another way to mitigate risk or another product.. FGS.

Jezza99

       

This is adjusted for inflation and up to 2014.  

They promised to wipe the deficit twice and twice failed.  All the vastly increasing debt and stripping assets.
They've pulled the wool over your eyes if you think they are capable of running g the economy effectively, at least effectively for the masses.

As for Saudi, they export extremism which leads to terror attacks. Some of which have been in London.