July 28th, 2011

£4.2 Million To Change Labour’s Mind

When the government announced that they were switching from the Retail to Consumer Price Index for pensions, Labour kicked off. Stephen Timms set out their absolute opposition to the move in the Commons, and Balls told the GMB union that the move one of the biggest hits “to the living standards of your members in a generation”However it seems that it was all just opportunistic bluster…

Kudos to the eagle-eyed Tory spinner in CCHQ who spotted that Labour’s  annual accounts show that they too have changed from RPI to CPI for their own pension scheme. And why the sudden change of heart? Well a £4.2 million reduction in the cash-strapped Labour Party’s own pension liabilities must have helped…


138 Comments

  1. 1
    ToryBoy says:

    New Balls Please!

    Like

    • 23
      ONS says:

      And there are times when CPI leads RPI

      http://www.statistics.gov.uk/cci/nugget.asp?id=19

      Like

      • 73
        Nasty back in power says:

        New figures have found one in three Primary Care Trusts (PCTs) in England are reducing access to treatment for “non-urgent” operations.

        Examples of rationing include knee operations only being allowed to go ahead where patients are in severe pain, overweight patients being made to lose weight prior to procedures, and cataract patients being denied treatment until their sight problems seriously affect their ability to work.

        http://www.telegraph.co.uk/health/8667049/NHS-begins-rationing-operations-in-cost-cutting-drive.html

        Like

        • 122
          Labour caused the problem says:

          what part of there is no money left does your miniscule left wing fucked up brain not understand

          Dickwad

          Like

          • David Laws Lib Dem fiddler says:

            Government uses RPI for income and CPI for paying out. The rationale given by the government does not make any sense whatsoever. RPI used for indexation to increase water bills, vehicle excise licence, alcohol, student loans.

            MPs pensions are not touched and they still have a second home paid for by the taxpayer to supplement their pensions. How about the loonies who made the country bankrupt in the Treasury? Darling and Byrne got a £20,000 tax free golden hand shake- why? Why do ministers get this payment?? Come on Guido, we need a purge on the MPs double standards when they are working it into everyone else.

            This is not a private versus public sector pension debate- this scam/spin is to detract everyone from what they are doing. Fiddling fckers. Let’s start with MPs pay, pension, second jobs, lobbying and interest groups.

            Like

        • 131
          Harrier's pants says:

          Relevance? Oh silly me, New Labour, say what you want regardless of the issue ( especially when you have been found out to be utter hypocrites) .

          Like

        • 132
          Anonymous says:

          Since, in your view, rationing is so nasty, please tell the assembled readers exactly which governing party set up the quango NICE in 1999? You know NICE – the organisation which denies drugs to cancer patients?

          As the rationing of non-urgent treatment is enough to get you on your high horse, please tell us who it was whose quango denies LIFE-SAVING medication?

          Now tell us which is the real nasty party…..

          Like

    • 25
      Admiral Leach says:

      Ed Balls another flabby faced Labour shit. The usual do as i say but i’ll do as i like. Do any of this crowd realise what a bunch of knobs they look? They make the Lib Dems seem almost worthwhile.

      Like

      • 99
        misterned says:

        Funny, 4.2 million for labour to change its mind?

        The price has gone up since Blair sold Labour’s flagship NHS anti-smoking policy for a million quid bung from Bernie.

        How much is a peerage these days?

        Like

    • 41
      Anonymous says:

      Yet it was Balls who was co-architect of the “biggest hit to the living standards” of members of private sector pensions when he and Brown did the dirty back in 1997.

      Like

    • 43
      Lord Lucan says:

      No Boom and Bust thanks to Balls!

      Like

    • 86
      Up sh1t creek says:

      Labour could always print more money to help their pension fund, like it’s done fantastic things to the UK economy… 30%+ UK Pound devaluation pushing up prices all over the place… but it’s helping “the exporters” (UK hardly has any of that any more). UK savers and pensions have been raided by the stealth tax of Quantitative Easing, have more…. that’ll teach those pesky savers to save (they have stopped spending because they are being raped by the BoE / gov.).

      People that call for more money printing like Vince Cable, Ed Balls, and David Blanchflower should be strung up by their balls.

      Like

    • 128
      M says:

      Blink and you could miss it

      Like

    • 133
      Early, often says:

      Indeed. And don’t forget to help The People’s Party out by expressing that opinion here:

      http://www.surveymonkey.com/s/TPHQ6HM
      :D

      Like

  2. 2
    Billy Bowden is the greatest umpire ever ! says:

    socailisim=hypocrsy

    Like

  3. 3
    Billy Bowden is the greatest umpire ever ! says:

    “the move one of the biggest hits ”

    Does not make sense.

    Like

    • 7
      Unwilling Funder of Left Wing Social Engineering (still unwilling under CMD) says:

      Move one of the biggest set of shits surely?

      Like

      • 12
        Ed Balls says:

        “Balls told the GMB union that the move one of the biggest hits “to the living standards of your members in a generation”.”

        Best not to mention the 2007 budget, when Labour doubled the rate of income tax for the poorest workers.

        Like

        • 103
          misterned says:

          Yeah, but be fair, the labour party needed all that tax money to help the poor workers who are on the boards of the big banks, from losing their jobs and bonuses.

          Those yachts and private jets do not pay for themselves you know, so those poor directors needed all the help that they could get from the party of the poor and needy.

          Like

    • 11
      Mike Litorus says:

      Neither does anything that comes out Ed Bollox trap.

      Like

    • 24
      Anonymous says:

      That’s a bit rich coming from you Billy, you tit.

      Like

  4. 4
    The Labia Farty says:

    Do as we say, not as we do.

    Like

  5. 5
    Nasal Voice Or Maybe Not Anymore says:

    Balls is breathtakingly good at papering over his reckless mistakes in the past, isn’t he. It was Balls advising Brown when the previous govenrment switched the inflation target from RPI to CPI.

    Yes, I’m proud to have Balls in my team. He’s also one of the few to always first run his ideas past me before vying for media attention. And he was already so loyal to me before I asserted myself on the back of hackgate.

    Like

    • 29
      Admiral Leach says:

      Dear Nasal Voice Or Maybe Not Anymore, you might like to know that there is a better than 20% chance you’ll end up with a voice like Julie Burchill’s after your op, bet they didn’t tell you that! Can’t wait to hear how its gone.

      Like

    • 49
      Grumpy Old Man says:

      Guido. Any rumours of some post-Op voice coaching for our Hero/

      Like

      • 71
        Bartholomew, George Osborne's Teddy says:

        Yes; he has been told not to use it. Apparently there is an epidemic of sleeping sickness on the tabloids affecting all those journos forced to listen to Neds voice messages.

        Like

        • 118
          Anonymous says:

          Bartholomew,that’s great advice & I hope he acts on it;he has very obviously stopped using his brain & if he also stops using his voice we will all benefit from the silence.

          Like

  6. 6
    Jimmy says:

    This is because our staff are motivated not by money but by a selfless desire to serve the people. It’s a hard job persuading them to accept any payment at all.

    Like

  7. 8
    Sir William Waad says:

    There is no reason why the RPI should always run ahead of the CPI. Over long periods, they should increase by very nearly the same amount. So, my question is – if CPI starts to inflate faster then RPI at some time in the future, will HM Government and the Layabout Party switch back to RPI?

    Like

    • 18
      Peter Grimes says:

      Do you think that ZaNuLieBor are taking advice from that Leftist pensions expert Will Hutton?

      Like

    • 19
      The Devil's Spawn says:

      Er um, er, we’ll get back tp you on that ……………..

      Like

    • 33
      Anonymous says:

      It’s because of the difference between a geometic and an arithmetic mean. The geometric meanwill never be greater than an arithmetic mean of the same items. The only way the CGI will be greater is when the items included in the CGI have a greater numerical value than those in the RPI. QED

      Like

      • 44
        postman pat says:

        Is that more or less than 2?

        Like

      • 58
        Not fuckin likely but.... says:

        So does that mean Gordon didnt sell the Gold and he truly is a genius ?

        Like

        • 126
          Anonymous says:

          No. It means that after Shirley Williams destroyed the grammar schools their were no more proper education. Extrapolating it also probably means that after Gordon destroyed the economy there will be no more proper jobs anymore.

          Like

    • 40
      Smig says:

      The Liebour Party will take guidance from Mugabe. Again. And again. And again.

      Shower of thieving, conniving, devious, insidious, incompetent bastards the lot of ‘em.

      Like

  8. 9
    Dread says:

    Balls really is a complete skuzzbucket of the first order.

    Hopefully the cnut will become the leader of the “Labour” party and they will be dissolved (though sadly probably not in acid).

    Like

    • 74
      Bartholomew, George Osborne's Teddy says:

      Unfair. Bollox has his uses. Where would the Westminster sumo nights be without Bollox versus Piggy Pickles.

      Like

  9. 10
    I Hate Tesco AND the Pope says:

    Good on yer, Guido. Keep this up and give the odious Testicles a solid kick in the gonads. Not that he has any, you understand………..

    Like

    • 21
      Dread says:

      So you are asking Guido to get Yvette Cooper to go to her bedside cabinet, open the bottom draw, get out the locked box and for her to let Guido kick the contents?

      While he is at it I suppose he could always give her a glaswiegan kiss before throwing her out the window (with some piano wire helpfully tied around her throat and the radiator so she doesn’t hurt herself on the sharpened railings outside)

      Like

    • 117
      Dusty says:

      Weren’t they transplanted on to EYE Vet

      Like

  10. 13
    very interesting says:

    christmas has come early, like today, in london

    http://www.thisislondon.co.uk/standard/article-23973834-christmas-in-july-as-stores-cash-in-on-ramadan-rush.do

    how pleasing

    Like

  11. 14
    Billy Bowden is the greatest umpire ever ! says:

    Zaheer Khan ruled out of tommorrows Test match.

    Strauss will be happy!

    Like

  12. 16
    albacore says:

    ‘Tain’t what you say, it’s the way that you say it – with a lot of other things beside inflation indices.
    BBC: “Oliver and Olivia were the most popular baby names across England and Wales in 2010 for the second year running, figures show.”
    Daily Mail addendum to the same story: “An official Office for National Statistics list of names released earlier this year revealed that Mohammed, encompassing all its different spellings, was the most popular boy’s name.”

    http://www.bbc.co.uk/news/uk-14321666

    Like

  13. 17
    Greychatter says:

    BBBC won’t report the change. But what else can we expect from opportunistic Left leaning Politicians and the Biased media and bbc – shout their mouth off when it suits them, think its called – Double standards.
    Who was it that left the country financially bankrupt?
    Thats all forgotten, except by the public who are expected to fund their excesses.

    Like

  14. 20
    Shelley Wordsworth says:

    Blinking Ed Balls can’t go any higher
    He’s firmly stuck in the gutter
    I wish he’d piss off like Tony the liar
    And Gordon the vanishing nutter.

    Like

    • 27
      Gordon Brown says:

      I take my pills
      to cure my ills
      but until I’m getting better
      my bed is getting wetter.

      Like

    • 85
      Bartholomew, George Osborne's Teddy says:

      I’m Bullingdon Boris
      My friends call me Doris
      I saunter along in a daze
      I screw my friends wives
      So I’ve ruined all their lives
      But the details a bit of a haze
      …………

      Like

      • 87
        Bartholomew, George Osborne's Teddy says:

        sorry – thought it was a poetry competition.

        Like

        • 115
          East India Company wallah says:

          Fair enough,I thought it was a rap jam ala that chief constable that thought all his black officers were wide boys cool to the shit
          A more learned person than I can post the link-I CBA!

          Like

        • 121
          Anonymous says:

          If it was, you would have lost.

          Like

  15. 26
    The BBC's official line says:

    This is not news merely point-scoring gossip and we do not report that unless it concerns a Tory.

    Obviously the most popular name is Mohammed – why report what everybody knows, this is why we went with Oliver.

    Pay your money, obey and move along please.

    Like

  16. 37
    Mike Hunt says:

    Liebour policy (not the blank sheet of paper):

    Do as we say not do as we do.

    bunch of slimy hypocrites – looking forward to seeing this on the BBC News tonight.

    Like

  17. 39
    Rupert Mudoch says:

    ‎’Mr Gove has met Mr Murdoch six times for breakfast, lunch or dinner since the Coalition came to power in May 2010 – more than any of his Cabinet colleagues”

    What a bastard Michael Gove is !!

    Like

    • 124
      Labour caused the problem says:

      red ed met them 16 times
      evening standard report 27.07.2011

      Go fuck yersell

      Like

  18. 48
    Gordon Brown says:

    This conservative led coalition really is a shower of shit !!

    Cameron and Gove have again lied to get themselves elected, that they would protect Sure Start pre-school schemes. Not only has the Sure Start budget been hacked off by 20% and 31 centres closed, but the remainder of the centres is being cut until they are threadbare. Pre-school is vital for a good start in young life, and a welcome break for mothers.

    Like

    • 54
      Billy Bowden is the greatest umpire ever ! says:

      Bollocks, Look after your own kids, cant affored em, dont have em! why expect taxpayers to pay for em?

      Like

    • 57
      Titford Hat says:

      They didn’t know how much Labour had screwed the country’s finances until after they were elected, you tit.

      Like

    • 62
      Guido Fawles says:

      The right wing political blogger,Guido Fawkes said: “It reveals a lot about Michael Gove’s priorities that he has found time to meet with News Corp executives 21 times since he became Education Secretary but in his first seven months in the job he didn’t manage to visit a single sixth-form college, further education college or special school.”

      Gove should be sacked immediately !!

      Like

    • 77
      SureStart = Fecking Waste of Money says:

      “Sure Start .. works to bring together early education, childcare, health and family support. Services provided include advice on health care and child development, play schemes, parenting classes, family outreach support and adult education and advice.”

      Or, use Google.

      Like

      • 111
        misterned says:

        Let’s get the tax payer to pay for all these services at all the different locations and then spend a load more to replicate them all in one place too.

        Like

    • 83
      South of the M4 says:

      The private sector provided that service well before Labour introduced free places.
      And then went on to *ugger up pre-school care as well as closing private nurseries and making many redundant. The country couldn’t afford it then, and cannot now. The vacuum will be filled once again by the private sector and subsidies still exist for those that cannot afford it.

      Like

      • 97
        Ex-Labour voter says:

        “subsidies still exist for those that cannot afford it.”

        Whilst I agree, may I add that those who ‘cannot afford it’ shouldn’t have had children in the first place?

        Like

      • 98
        Loungelizard says:

        Sure Start. Centers for socialist youth indoctrination. The left have always had an unhealthy interest in the nations young. Both Miliband and Balls like to use these centers for PR stunts, speeches press release etc. No wonder they defend them, all part of the lefts long term policy.

        Like

    • 106
      AndyN says:

      SureStart centres have a “play advisor” on each site.

      These are state-funded individuals whose job is it to provide instruction and guidance on how to play with your children.

      Labour government in a nutshell.

      Like

  19. 50
    Billy Bowden is the greatest umpire ever ! says:

    that stephen Timms is a right pain in the neck!

    Like

  20. 51
    SHUT UP BALLS says:

    Like

    • 76
      Awkward Balls says:

      Annoying man. That is Balls in a nutshell. I am sure he take the opposite opinion with everyone just to be4 annoying. F**k knows how his wife puts up with him.

      Like

      • 113
        Greychatter says:

        Who looks after their kids? Tax payer funded nanny? Takes ‘em down to a surestart centre. and lets someone else bring them up.

        Socialism at its best, pass the buck.

        Like

  21. 52
    Two Eds cause Labour pains! says:

    Liebore = Hypocrite!

    Like

  22. 68
    Ed Balls says:

    I like money.

    Like

  23. 72
    Anybody but Ed says:

    The curse of blinky strikes.Manages to shoot himself in the foot just like his mentor Broon!!

    Like

  24. 78
    Drop a Daisy cutter on the BBC says:

    Socialism should be treated the same as Paedophilia.

    Like

  25. 79
    Ah! Monika says:

    Socialists are like religionists, the more they profess their faith the less they practice it.

    Like

    • 91
      COMRADE BOB CROW (ANNUAL SALARY £254,978) says:

      SOSHULISUM WIL PUNISH RITCH SKUM.

      CONFISKATE MUHNEE FROM THE WELFY & GIV IT 2 THE PORE.

      Like

    • 95
      David Jones says:

      socialism is a religion. It was and always shall be a belief system – opium for the politically inept and fiscally challenged.

      Like

      • 100
        Socialist Revolutionary Charlie "Storm Parliament" Gilmour says:

        I’ve noticed that most of the people in prison with me are working class and thick. And violent.

        But I’m still a socialist revolutionary! Up the working class! Comrades!

        oh god, it’s shower-day tomorrow

        Like

  26. 84
    Tax Payer Joe Public says:

    Always remember the Latent Statements of Chairman Ed Balls

    “Don’t do as I do, Do as I say”

    After all some are more equal than others……!!

    Like

  27. 93
    James Purnell says:

    I’ll be back

    Like

  28. 96
    You won't find this on the BBC says:

    JUNEAU, Alaska (AP) — A federal wildlife biologist whose observation in 2004 of presumably drowned polar bears in the Arctic helped to galvanize the global warming movement has been placed on administrative leave and is being investigated for scientific misconduct, possibly over the veracity of that article.

    http://news.yahoo.com/apnewsbreak-arctic-scientist-under-investigation-082217993.html

    Like

    • 114
      Honest View says:

      Wouldn’t make the slightest dent in the Beeb’s total indifference to rational debate about Climate Change. As far as they’re concerned, it’s a fact, because Greeny-Lefties love it, and that’s that.

      Like

  29. 101
    British Biased Corporation says:

    The presenters on this morning’s BBC Breakfast were careful not to reveal to it’s audience the photograph of Piers on the front of today’s Independent…if it ain’t Coulson then it ain’t news.

    Like

  30. 104
    Gonk says:

    ‘ There once was a chap called Balls,
    Who went over Nigara Falls,
    At first he was missed,
    But then everyone got pissed,
    And then realised he was a daft, felching
    ninny anyway and suddenly felt a lot happier ‘

    Like

    • 137
      oddly helpful says:

      There’s a reason true poetry scans/
      It’s to keep it in competent hands/
      Not ninnies who squawk/
      And jabber, not talk/
      And leave the economy totally and irredeemably buggered, like Eduardo de Glans.

      Like

  31. 107
    Fees Office Clerk says:

    “Retail to Consumer Price Debate”

    Dead Balls MP: “Mr Speaker…the switch from the Retail to Consumer Price Index for pensions is the biggest hit to the living standards of the public in a generation”

    Dave Osborne MP: “Mr Speaker….Labour’s own annual accounts show that they too have changed from RPI to CPI for their own pension scheme”

    Speaker Bercow: “Stop…the honourable gentleman must not embarrass the oppostion. The honourable gentleman is far too excited and he must sit down immediately”

    Like

  32. 108
    Gordon F Brown says:

    There can’t be that many people on the planet who don’t know that Timms and Balls were my henchmen when I was PM. Look where me taking any notice of them got us all. I lost my job saving the planet.

    Nobody should take anything either of them says as worth listening to. They are just as daft as me.

    Like

  33. 112
    MrFlaneur. says:

    Worse than scum.

    Like

  34. 120
    what a plonker says:

    Blinky Balls does not know his arse from his elbow when it comes to economics .
    He just spouts off a load of socialist / communist claptrap.

    Like

  35. 123
    Emperor Harman van Rompuy says:

    None of the pupets in government or oppposition has any choice in this matter.

    your EU masters have dictated the adoption of CPI instead of RPI. The main difference? RPI includes mortgage cost and as you know in the EUSSR the masses have to rent they are not allowed to buy.

    Like

  36. 130
    I don't need no doctor says:

    Not reported by the BBC.
    Balls = Twat

    Like

  37. 135
    notareargunner says:

    It’s ALL too complicated for the 4% Neanderthals

    Like


Seen Elsewhere

How Avoidable Scandals Destroy Stupid Politicians | Alex Wickham
UKIP Mosque Confusion | The Week
Let’s Ban the Word Internet | Padraig Reidy
Are the Broadcasters Ready For the Election? | Specccie
Moral Bankruptcy of the BBC | David Keighley
UKIP’s ‘Starsky and Hutch’ | Total Politics
Innocent Sun Journo Just Doing Her Job | Sun
Boris Sent Up North | Times
The Only Way to Mend the EU | Leo McKinstry
Northern Labour Tearing Party Apart | David Aaronovitch
Osborne is Son of Brown | Peter Oborne


Find out more about PLMR AD-MS


Tony Blair threatens Ed:

“If you had a strong political lead that was combining the politics of aspiration with the politics of compassion, I still think that’s where you could get a substantial majority…  If I ever do an interview on [the state of the Labour Party], it will have to be at length…”



Left on Left says:

The lefties are attacking because the panellist is a millionaire and lives in a London home worth upwards of two million. Someone had best tell them he’s called Ed Miliband.


Tip off Guido
Web Guido's Archives

Subscribe me to:






RSS




AddThis Feed Button
Archive


Labels
Guido Reads
Follow

Get every new post delivered to your Inbox.

Join 1,617 other followers