Latest News May 2012

The influential 1922 committee have given notice that by Christmas they will have enough signatures to force a vote of ‘No Confidence’ in David Cameron, forcing him to resign. They may be too late, Cameron may have gone before Christmas.

George Osborne said on the BBCs Andrew Marr show today [06/05/12] that he had not put enough ‘spin’ on the budget, which had possible resulted in the Conservatives poor showing in the local elections. He took this as an endorsement that the country approved his austerity package, and there would be no change in course.

He also admitted he was borrowing £65 billion a year more than George Brown borrowed. The latest UK bond auction will attract interest for 14 years before it is redeemed.  Is this really good housekeeping, or just reckless borrowing to prop up failed policies? How many British jobs has this phenomenal extra 2 year £130 billion created?

He has over the last 2 years lent £7 billion to Ireland to top up the bail out fund, and given the IMF  [International Monetary Fund] £20 billion to prop up failing economies such as ours. How many British jobs would £20 billion help to create?

Mr Osborne when asked about Andy Coulson, said: "As I have said many, many times in the past, I approached Andy Coulson to see if he was interested in the job as director of communications for the Conservative Party.”We needed a new director of communications and he was the best person for the job on the shortlist of candidates that we had.

"I will repeat exactly what I said a year ago, which is, that knowing what I know now, of course we regret that position.

RBS have announced that will have repaid the £167 billion lent to them by the British tax payer by the end of the month.  How many British jobs will the British taxpayers £167 billion create?

The split between the Conservatives and the Lib Dems is wider, with both sides blaming each other for the poor showing in the local elections, prompting calls for the coalition to be discontinued.

Mr. Peter Bone has suggested that on the back of the poor showing in the local elections, that the Coalition should be terminated, and if the LibDems didn’t support the government and force a general election, that the LibDems would loose.

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Tags: Hunt in Sleaze Allegation Jeremy Hunt Fiasco High Taxes UK Economy Up or Down? MPs Disclosures Camerons Openness? What did Cameron Know?

Google Changes

Goggle made 30 changes during March to their Search algorithms.


Most important concerned paid back links, or spurious back links. Google sent out the following message to some websites:

"Dear site owner or webmaster of example.com.


We’ve detected that some of your site’s pages may be using techniques that are outside Google’s Webmaster Guidelines.


Specifically, look for possibly artificial or unnatural links pointing to your site that could be intended to manipulate PageRank. Examples of unnatural linking could include buying links to pass PageRank or participating in link schemes.


We encourage you to make changes to your site so that it meets our quality guidelines. Once you’ve made these changes, please submit your site for reconsideration in Google’s search results.


If you find unnatural links to your site that you are unable to control or remove, please provide the details in your reconsideration request.


If you have any questions about how to resolve this issue, please see our Webmaster Help Forum for support.


Sincerely,


Google Search Quality Team"



Google also tweeted “ Is your site doing weird redirects? We just sent a "your site might be hacked" msg to 20K sites, e.g. http://goo.gl/S6Ptk”

Google are also warning about excessive SEO on anchor text.

We all want to be on Google and Bing first page. The way you get there, and more importantly how you stay there is hard continuous work. Fortunately the formula to use to achieve your goal is simple:

Good relevant content, Good Back links.

Over SEO optimisation, fake forums, bought back links, and all the other dubious methods that were and still are being used, will get your site penalised.

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Is the EU Falling Apart?

Investors, banks, financial institutions, hedge funds and rating agencies, are all warning governments that austerity packages without a growth plan are self defeating. Something I have been advocating or some time. Unfortunately the UK Conservative led coalition, are too stubborn to do anything about it, preferring to model its tactics on 30 year old ideas.


They are now talking about doing a ‘U’ turn on child benefit, which was totally unfair and very heavily waited in favour of the rich, they have already done a ‘U’ turn on pensions, a ‘U’ turn on the fuel duty they had planned for January of this year, and are planning to force businesses to close with a 5.6% rise in business rates this summer. Their handling of the university fees was amateurish and ill conceived. The N.H.S. reforms were designed to push the N.H.S. into privatisation, although they are now doing another ‘U’ turn.


The coalition is expected to leave the country in more debt when they have finished bankrupting it, leaving a projected £1.3 trillion deficit according to the Office of fair trading.


It is widely assumed that most of Europe as well as the UK are now slipping
back into recession, and possibly a world wide depression.

France and Austria have had their AAA rating downgraded due to their banks lending to countries which may default, and because both France and Austria have high deficits, with no plan for growth or effective austerity packages. France and Austria were two of the six countries with AAA rating, who were expected to be able to borrow at low rates in order to help other struggling EU countries.


China was expected to help the EU, but with falling exports and increasing
inflation, this now seems unlikely. Chinas reserves have fallen, but they do hold a lot of foreign currency. There is a great deal of optimism that the City of London will join Hong Kong as an offshore centre where the Chinese currency, the Renminbi, can be traded. Talks between the Treasury and the Chinese have been making good progress. If this does happen it will be good for jobs in the City and will give a lot more prestige to London.
Read More

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Tags: Will the Euro collapse : EU in Crisis : EU Problems : Will EU Fail? : Austerity for Years : Austerity - The Answer : UK
Isolated : EU and UK Econony:

Austerity: The Answer

Austerity for Years: The Answer

The current UK Coalition government still has no idea how to get growth into the economy. The Conservative solution to this type of crisis is as always, reduce jobs, reduce earnings, and increase taxation.

Their latest hair-brained scheme is to increase Business rates by 5.6% in the spring, as more and more businesses go bankrupt the coalition is of the opinion that any growth is good .Growth in bankruptcies is not good for business, for jobs or the economy.This self defeating increase in Business Rates will put more
business into receivership, more people out of work, will reduce the overall tax take, and increase the welfare bill. Good planning and fore-sight if your intention is to bring the country to it's knees, not so good for the country though. The coalition had to do a 'U Turn' this month and reverse the planned increase in fuel tax by 4p a litre. Both these tax increases would have pushed inflation back up again in the 2nd quarter, now that the VAT rise is no longer factored into the inflation equation.

How to Create Jobs

The first thing the coalition should do is to stop the practice of putting people out of work. IT COSTS MORE MONEY TO KEEP A PERSON OUT OF WORK, THAN IT DOES TO KEEP THEM IN WORK.The coalition have set up 'enterprise zones' to encourage companies to move into these zones and regenerate them. A tentative step in the right direction, and had they backed it with more money, it would have created jobs short term.
The 'zones ' are areas of high unemployment, and a lack of investment. Short term this is good for the 'zone' but long term does very little. The 'enterprise zone' attracts people, and companies from outside the area who are prepared to travel, or move home to work. Not all the jobs created come from the enterprise zones. After the money runs out a lot of companies will close or relocate, and the area invariable degenerates again. So apart from moving people about, the long term prospects are improved very little. For the enterprise zones to work, the investment has to be long term.There needs to be a co-ordinated policy to regenerate areas, and create meaningful employment and training. There needs to be town centre regeneration, and an
incentive for small businesses to start up, with the aid of a mentor.

 Virtually every town centre has a high proportion of empty shops and offices, which are slowly falling into dis-repair. These could be let rent free to start up businesses, and rate free for the first 2 years. This doesn't
cost anybody any money, because nobody currently or in the fore-seeable future is going to take then on. It gives new start up businesses a chance to show what they can do. In addition the government could subsidise new start ups, by giving newcompanies a grant for every person they take on who is currently unemployed.

The grant could be paid weekly and be the equivalent to what the government now pay an unemployed person. No extra cost to the government, and gains to the government would be the tax and national insurance that ex-unemployed person pays. This scheme could also be extended to the self employed one man start ups as well. So far the ideas put forward are pretty straight forward, and in the main don't actually cost the tax payer or the government anything. The scheme could also be used for industrial premises, and manufacturing busineses.

Two further measures should be put in place to complete the packages. Firstly finance, the coalition
recently announced that they would guarantee business loans. This could be modified slightly to include a low rate of interest, and the banks could waive their prohibitive arrangement fees, which are added to the loan and are currently taken out after the interest has been paid, and before the capital is repaid. The coalition could take the lead in this by encouraging the banks the tax payer bailed out to take part.Secondly training should be made available, free of charge to prospective start ups, and a mentor should be on hand to advise when needed. The mentor could be supplied by the lending bank, or by the local Chamber of Commerce.

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Tags: Will the Euro collapse? : What is a Coalition Government? : Correct Me

Sharing: Winners and Losers

Sharing.

Telling other people you like a web page , blog or article, has been made a lot easier with the ‘Add This ‘ bar seen on many sites. It is a lot easier and quicker than posting a comment on a site or blog. The chief difference is that with a share you don’t get a link back to your site as you do with a comment.
There is no reason why you can’t do both.

Statistics from the ‘Add This’ site gathered from its’ ‘Add this widget’ like the one on every page on our site show a dramatic increase in sharing withFacebook coming out on top with 52.1% of the total ‘shares’. There is an ‘Add This’ bar at the bottom of this blog.

The ‘Add this bar’ is now on over 11 million different domains with 1.2 billion users having a choice of around 350 sharing sites from which to share articles, blogs, and web pages.

Twitter shares grew by nearly 577% during 2011, and is now responsible
for 13.5% of all shares. Tumblr was another high flyer with a 1300% increase, and still growing. Stumblupon created a 320% viral lift while Google +1 grew by 373% than levelled off.[ Google are starting to put +1s on their search engine results]. Email, print and favorites make up 14.4% of all shares.

Those losing ground were Digg which declined by 48%, and Myspace fell by 57%.

As expected mobile devices used for sharing grew 6 fold

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Tags: Successisnowhere : The Recession series : The Twitter series

Austerity or Years to Come

Correct me if I am wrong.

We may not be in recession right now, but it certainly feels like it. We have all suffered since the coalition took power, and they will continue to inflict pain, because this the government of high taxation, and high unemployment, hasn't any idea how to get the economy going. The Coalition say they will not spend their way out of this mess, but in actual fact they are spending their way into it. Debt if the growth forecasts are to be believed will be higher in 2015 when this government has gone, than when it took over. The growth figures are so highly optimistic they are not even credible.

So what is the real problem?

The real problem is that the government are still spending more than they receive in tax revenue. Unemployment is at a 17 year high, meaning that the government will have to spend more on the benefits bill. The governments answer is more cuts which will put more people out of work, and increase government expenditure.
The proposed increase in fuel duty of 4p per litre, would have fuelled inflation,
and pushed prices higher, as well as pushing more businesses into liquidation.
More people out of work, means more benefits to be paid out, less tax revenue, higher prices, higher inflation, and further tax rises and government borrowing.

So the problem is clear

And the answer is also clear, get more people into work, get more tax revenue, the debt comes down and people in work can spend more than those on benefits.
The government keep telling us that they have spent £xxx billions on long term schemes to get the country on its feet in 5 to 10 years time. Government and Local Authorities can do something if they wanted to, instead of wallowing in self pity, blaming the last Government, The Banking Crises, the EU, the Financial Crisis, the Recession, Strikes, the Unions, Bad Weather, and anything else they can think of. This government is now saying the problems stem from the last government who allegedly brought us out of recession too quickly.

So how important is it for the government to keep people in work?

Without the working man, or woman a terrible thing happens: Nothing If there is such a thing as the average working person, the government will take a minimum of 40% of their earnings in tax. Starting with income tax and national insurance, both of which go up the more a person works. Then there is poll tax, tax on their utility bills, gas electricity and water. There is tax on virtually everything you buy, tax in the form of duty on your entertainment, and of coarse tax in the form of duty on petrol. That is after you have paid tax on the purchase of your car, and tax on the insurance. If you have money left over and put in the bank, you are taxed again. You pay tax when you buy a house in the form of stamp duty, tax on your house insurance, capital gains tax when you sell your home, and so it goes on, sometimes even tax on your pension. When you die they even tax you on that.

It is obvious that the government should be more interested in keeping people in work, instead of paying them to be off work. The government will tell you it is up to the private sector to create jobs, and pull the country up by its boot
straps. They will point to their promised investment into infrastructure sometime in the future; they will point to the money that have promised for the so called enterprise areas, all too little too late. Cameron and Osborne announced at the Conservative conference £3 trillion for infrastructure investment with details to be given in November. No mention of £3trillion in November, just more unemployment.

The Solution.
In the next post

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Tags: Will the Euro collapse? : What is a Coalition Government? : Correct Me:

Wake Up GB

Yet another Depressing Headline, Unemployment up again: this time to a 17 year high of 2.6 m. with over 1 million young people out of work.

This Government inherited a debt of £156bn, they have reduced
this to just over £120bn, but will have to borrow a further £156bn, to pay the benefits bill as a direct result of their policies of putting people out of work.

The latest estimates are that with growth predicted at 0.9% the government
will leave a debt for the country to pay in 2015 of £1.3trillion.

The recession which is coming will last for up to 10 years, the continued
decline we have suffered over the last 12 months will further exasperate
the recession.

Will Cameron Resign?

Cameron went to the EU summit last week to try and protect the City
of London Financial Centre, partially because the UK economy depends
so much on the revenues earned. He failed to get the protection, and
used his veto over the closer amalgamation of the sovereign states in
the EU. He had every intention of saying “No” to the treaty, and although all the other countries agreed to sign up to the proposals,
some are now having second thoughts.

France was not all pleased about Cameron, and his request for protection
for the City of London. France will still receive agricultural monetary
support from the EU for their inefficient farming policy. France is
under notice that its credit rating could be reduced by 50%, they would
have expected th UK joining the new treaty, as they know Cameron would
be the first in line to pump cash into the failing states. He lent to
Ireland when they didn’t need it, and he gave money to the IMF
so they can help the failing states.

Sarkozy threatened that the UK would pay dearly over the veto being
applied, other French sources wanted the UK to carry on paying in to
the EU, but not receive a rebate back again.

Will Clegg be P.M.?

The Lib Dems and Nick Clegg are positioning themselves for Nick Clegg
to take over from David Cameron as Prime Minister. It is obvious to
everybody that Cameron’s attitude to the EU and his lack of diplomacy,
has caused irreparable damage, and Cameron is the wrong person to put
it right. A change of leader may help, a change of government would
be better, but the Lib Dems may feel that the electorate still feel
they were betrayed by them, and not re-elect them.

Treaty to be signed in March 2012

Since writing this article it has been announced that several EU countries
are uneasy about signing up to the treaty, before the small print has
been agreed. The treaty was supposed stop the EU countries going into
debt in the future, unfortunately the EU has not addressed the current
state of sovereign debt in member countries.

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Tags: Uk isolated ; Sarkozy threat : EU problems latest News : EU in Crisis : EU and UK Economies : The Economy : Unemployment Rising