January 17th, 2014

Ed’s Speech – the Reaction

Developing…


115 Comments

  1. 1
    Podiceps says:

    Almost feeling sorry for the little twerp. But not quite.

    Like

    • 4

      Save your sympathy for the thousands of oap’s and poor people who will suffer untimely deaths from Labour’s energy policies and their stewardship of the NHS.

      Like

    • 17
      Through Clenched Teeth says:

      Couldn’t be more muted. He’s not happy with his “boss”. Chuka to replace Balls methinks.

      Like

    • 21
      Jabba Le Chat says:

      Lolz…with the way Milimong is heading the Tories worries with any Ukip 2015 threat get smaller every day…

      Like

    • 37
      Backed by Hain. Proof Miliband has got it wrong says:

      Like

      • 55
        (Rarely) Dangerous Brian says:

        Peter Hain, the non thinking mans idea of what an intelligent orange faced South African expenses ch*at should look like.
        Up the workers.

        Like

        • 91
          Jack Ketch says:

          He is NOT and never has been South African. He was born in Kenya of British parents and emigrated to Britain when he was 16 years old. He did, however work tirelessly to assist the South African Communist Party, the ANC and the UDM to put tens of thousands of Black South Africans out of work by encouraging foreign firms to close down. White South Africans though, made a fortune.

          Like

        • 97
          Cinna says:

          I once bumped into him and his minders when he was out jogging in St James’ Part. I thought he’d been Tangoed.

          Like

      • 71
        The Critic says:

        let me think. Who else might reasonably be described as arrogant and incompetent -by the more polite elements of society?

        Like

      • 92
        John Bellingham says:

        If that was an excellent interview, I would hate to hear a poor one. Umana made an absolute tit of himself and revealed that he knows absolutely effall about banking, economics, finance or even the listenership of Radio 4. He is a buffoon.

        Like

      • 99
        Inability to identify irony.. says:

        Mr Hain would cetrainly know about incompetence, arrogance, and a loathing of competition. They are in his (orange) DNA

        Like

      • 112
        (That's enough Eds, Ed!) says:

        Fuck off back to South Africa, twunt! What’s that? Not what you expected when you were digging up cricket pitches?

        Like

    • 62
      I hate socialists. says:

      Thank you Lord for Red Ed Miliband.

      Like

    • 73
      Coeur_de_lion says:

      I just owned Lord Wood of Oxford University fame.

      And I’m not even clever enough to know how to indent tweets properly.

      Stewart Wood
      ‏@StewartWood
      In 2008, the Big 5 banks had 71% of the current account market & 38% of mortgage lending. Today their market shares stand at 85% & 67%.

      Tim Harding ‏@coeur_de_lion__ 7m
      @StewartWood Might have something to do with the collapse of certain lenders under your watch? And a reference to this stat would be nice
      Reply Delete Favorite More Details

      Tim Harding ‏@coeur_de_lion__ 6m
      @StewartWood as well as a large number of mergers in table 1 shown here http://www.publications.parliament.uk/pa/cm201011/cmselect/cmtreasy/612/61204.htm …. But don’t let that ruin your rhetoric
      Reply Delete Favorite More Details

      Tim Harding ‏@coeur_de_lion__ 7s
      @StewartWood And the 85% market share came about by March 2010 – UNDER LABOUR – Table 2 http://www.publications.parliament.uk/pa/cm201011/cmselect/cmtreasy/612/61204.htm
      Reply Delete Favorite More Details

      Like

    • 109
      FLETCH says:

      So Miliboy needs some new banks, What has happened to Labours tame cash cow ( the Coop bank).

      Don’t tell me they starting to look critically at the bum loans they have made to to Zanu Liebore

      Like

  2. 2
    JH2303409329-3423 says:

    BBC Radio was wall to wall yesterday with Union and Labour drones crowing about how the government has finally given in to their demands for a higher minimum wage.

    Breakup of the BBC and transfer to subscription model simply has to be the goal of a Conservative government, in the unlikely event we ever get one.

    Like

    • 34
      bergen says:

      Couldn’t agree more but the Tories will run a mile from it.

      Like

      • 47
        helpful suggestion says:

        The BBC doesn’t even pretend to be impartial.
        Switching off and refusing the pay the licence
        fee is your best bet.

        Like

    • 113
      CYNICAL OLD GIT says:

      The best solution when the socialist mongs start crowing about anything is to reverse the decision , because logically if it meets with their approval, by definition it must be wrong!

      Like

  3. 3
    The Good Old Days says:

    Would Ed’s new banks be ones like the Woolwich, B&B and C&G?

    Like

  4. 6
    Casual Observer 5 says:

    If Ed can successfully split his own vote this will help UKIP immensely.

    For this Ed deserves a hat tip.

    Like

    • 89
      Messenger says:

      We will break up the banks and use the proceeds to fund a comprehensive Jobs Guarantee and fair wages for all – tackling the cost of living crisis by making work pay.

      Like

  5. 7
    jgm2 says:

    With a lisp like his you’ve got to give Miliband credit for starting with ‘Fwends’ instead of ‘Comwrades’

    Like

    • 10
      Long John Silver's parrot says:

      If you want another five years of inept Government from 2015 vote Labour .

      Like

    • 19
      JH2303409329-3423 says:

      I think his speech impediment alone will cost him the election.

      Not to mention it seems difficult to find a photo of him where he does not look like a complete and utter spastic. Even tribal Labour twats will wonder if they are simply too embarrassed at the prospect of five years of Simple Ed ‘leading’ the country.

      He’d make Gordon look like Cary Grant.

      Like

      • 43
        jgm2 says:

        ‘I think his speech impediment alone will cost him the election.’

        I don’t care what costs him the election as long as Labour don’t get back in. They’ve already picked a fight with the BoE’s Mark Carney so they’re obviously planning to replace him with a political plant.

        Blanchflower would be my bet. A man for whom no interest rate could be too low and no amount of printed money too much. That should provide cover for another five years of ‘miraculous’ growth.

        Like

        • 53
          (Rarely) Dangerous Brian says:

          Surely the Rev. Flowers is first in line?
          Experienced, charismatic and qu*er as a nine bob note, perfectly qualified.

          Like

  6. 8
    Miliband the real schoolboy says:

    Send him back to reading his selected text books to produce his writings and speeches.

    Like

  7. 11
    More EU bullshit than a Roman!an paddock says:

    This breaking up of branch networks is just EU directives designed to undermine UK high street banks.

    It has nothing to do with what happened in the investment banks – but does have everything to do with putting UK retail banks out of business and harming regular UK consumers.

    Like

    • 45
      Warren Peace says:

      If that’s the case the Tories must be well aware of it?

      Like

    • 59
      FFS says:

      In 2012 HSBC became the world’s biggest bank. It is a British success story and we should be proud of it. Reform of the sector is necessary, but it doesn’t need a huge kick in the bollox that will leave it crippled forever.

      Be warned, Labour have form as far as this is concerned. Britain led the world in mobile phone technology and services. Labour made them pay through the nose for 3G licences – effectively a windfall tax on success – and crippled the entire sector. Now the likes of vodafone are limping along trying to beat off international competition with one hand tied behind their backs.

      Like

      • 115
        (That's enough Eds, Ed!) says:

        Er, HSBC stands for The Hong Kong and Shanghai Bank Corp. Shurely shome mishtake? Not much British about that.

        Like

  8. 13
    Fbi says:

    Join Metro Bank they expanding they will soon be getting a Royal Warrant they have just opened two branches on the same day Windsor anf Edgware
    Ed would be welcomend as a new customer with free banking

    Like

  9. 14
    Postal Votes are Labour Loo Paper says:

    He really could not run a piss up in a brewery. How could this twat be PM? A truly scary thought. Maybe we should all visit somewhere more congenial like N Korea or Venezuela?

    Like

  10. 15
    Auntie Duggan says:

    Milliband hasnt a clue,all those evenings has a boy sitting under the table listening to his father,Hobsbawn and Benn have clearly impacted upon his brain,note too that Balls nowhere to be seen today,the wide boy from Streatham doing the media rounds.If the electorate vote this lot in they will get what they surely deserve.Please no vote UKIPS on my thread a vote for UKIP at the next election is a vote for Labour.

    Like

    • 35
      jgm2 says:

      I think everybody in Labour realises what a liability Ed Balls is. The problem is, as with Brown he appears to have a small cabal of thuggish support in the HoC and they lack the courage to get rid of him before he does any more damage.

      They’re in damage limitation at the moment. Keeping him as far away from TV screens as possible and making him shut up and sit on his hands at PMQ instead of karate-chopping his way through the half hour.

      Like

    • 39
      Maggie the dog says:

      UKIP, you know it .

      Like

    • 81
      Nikki Sinclair's jockstrap says:

      Could some IT genius invent a filter that could screen out all comments here, Telegraph etc containing words Vote UKIP/Comoron/Liblabcon/EUSSR…it would save me a lot of time.

      Like

  11. 16
    Will says:

    Break up banks you can’t give away bank branches at the moment most banks want to close most branches as they lose money and unless you can cross sell financial services then bank branches make no sense.

    Look what happened when they tried to break up the big brewers most off loaded thier most unprofitable pubs and the most profitable ones they kept on to but the landlords have had to buy expensive beer from them

    Most banks want us all to go online to save them money

    Like

    • 100
      Cinna says:

      Indeed. And don’t forget we’re still waiting to find out what actually will be happening to all those RBS branches the EU instructed to be sold off.

      Like

    • 114
      John says:

      That’s part of the point about Miliband, the guy is such a fucking idiot he hasn’t even realised that the main banks are trying to close actual branches anywhere they can and move thier Customers online to save money.

      But on planet Miliband, Banks have branches on every high street with no computers, staffed with old fashioned Bank Managers and you can hear the warming nostalgic tones of the Cattistock colliary brass bank playing in the background… basically Miliband hasn’t got a fucking scooby-doo.

      It is rumoured that the Americans are developing a replacement for the Hubble telescope that is 1,000x more powerful but even they are a bit coy about whether it will be able to see the planet that Ed Miliband is rumoured to live on.

      Like

  12. 20
    Labour Fucktards says:

    The breathtaking cheek of the moronic Marxist is astounding. He bangs on about there being too little competition because there are only four main banks. For Fucks Sake it was him and his lot of criminal half wits who allowed, nay caused the massive consolidation of the banking sector into the four behemoths we have now.
    The man is a habitual liar who had no shame whatsoever.

    Like

    • 61
      FFS says:

      Tesco Bank,

      Nationwide,

      Virgin,

      Santander.

      Plenty of choice, and usually the smaller banks have the best rates. He’s talking bollox as usual.

      Average Joe doesn’t care about this shit. He’s missed the point. People only have concerns about how much bank CEOs have been paid and how good they are at their job. It’s a social justice thing. People are thinking “These guys get paid 100 times more than a brain surgeon but a brain surgeon will get sued if he screws up.”

      Like

  13. 22
    i don't n eed no doctor says:

    Labour are in complete disarray. Miliband jumps from one thing to another with no substance whatsoever.

    Like

    • 88
      Fbi says:

      FFS has left a free bank accouts bank off his list Metro bank whicj is ecxpanding tthey have just openend in Windsor.
      Soon they will get a Royal Warrant

      Like

  14. 23
    Did Ed really say this? says:

    “Friends!” “We’re Britain, we’re better than this.”

    Like

  15. 24
    jgm2 says:

    Miliband has just dropped a clanger. All the Tories need to do is point out that this means their local bank branches will be closing under Labour and all hell will let loose. People are cross enough about losing their local Post Offices because they can’t get their hands on their cash. Imagine how cross they’ll be with Ned closing all the local bank branches.

    Policy Fail Ned.

    Get to it Tory HQ.

    Like

    • 28
      Ed Miliband says:

      Not strictly true the local branch of Государственный банк Российской Империи will happily represent any of the other banks.

      Like

    • 74
      The Critic says:

      Be fair, his brother wiped out a fair chunk of the Post Office branch network – must be a genetic aversion to over the counter financial transactions, couple with an undying love of EU statist dogma..

      Like

      • 94
        Blowing Whistles says:

        If I were to have made some of the unsavoury; but true comments hereabouts about Ed M and his bro – SC would be frothing at the mouth.

        Ho Hum.

        Like

  16. 25
    Ed Balls, Financial Genius says:

    Under Labour as a First Time Buyer you will be able to get a 120% Mortgage offer for the house that will soon be worth 80% of it’s purchase price.

    Remember…

    No more Boom

    No more Bust

    Like

  17. 27
    Pointless says:

    Has Eagle given anyone the death stare today?

    Like

  18. 32
    Andrew Efiong says:

    The “cost of Ed Miliband crisis” continues. After destabilising investment in the energy sector, now he’s trying to sink the value of taxpayer held banks.

    What a plonker!

    Like

  19. 33
    genghiz the kahn says:

    photo/1

    Like

    • 38
      jgm2 says:

      Labour. Talking down the economy.

      They sabotaged it in power and now they’re sabotaging it in opposition.

      Like

    • 95
      Blowing Whistles says:

      Has Ed dropped the pitiful use of the mantra word ‘aspiration’ from his repetoire … come to think of it have Dave and Nick done it to?

      Like

  20. 41
    Ed Miliband says:

    If you elect me as the next PM everyone in the country will receive their own money tree. Banks will be a thing of the past in my One Nation Cost of Living Crisis Calm and Measured Way Bandwagon Marxist ruled country. Thank You.

    Like

  21. 42
    Fat chav fucked over the bonnet of a Corsa by a Nigerian chap with aids says:

    we’re looking less like Britain by the day and are not better for it.

    Like

  22. 44
    JMF says:

    Too Far, Too Fast.
    Wunashon.
    We will cap fuel prices.
    Cost of Living Crisis.
    Too Few Banks. Too Big.

    The last is about Banking, just wondering what the Boy Millibands next wheeze will be.

    Like

  23. 49
    Herbert says:

    What the Tories now need to do is say “We were going to pay for more school meals/nurses/A&E docs out of the proceeds of selling some bank shares but Daft Ed has made the shares unsellable”.

    Like

  24. 54
    MB. says:

    Many people bank online now, I have not been in my bank branch for tens of years. So forcing the transfer of branches could be irrelevant.

    If I had good service from one large bank for many years then I might not want to transfer my account to some small new bank, or worse a foreign bank, just to satisfy Milliband. I can’t see how they could force me to do so.

    Like

    • 66
      Labour goes for populist bash a banker election strategy says:

      Absolutely ….no politician especially a Labour one like Miliband is going to tell me where to bank and I would refuse to go to a newer snaller bank. I have banked with my bank, one of the Big Five(it was Four)for over 50 odd years when my parents opened an account for me. They also banked with this bank all their lives as did their parents and I have never had any problems with borrowing money,getting loans or with the service provided even in the recession.

      The reason people and business can’t get loans is perhaps because’ their credit record is bad or their business plan and cash-flows don’t make sense or there is no clear repayment path or security. You only ever hear from the disgruntled minority who have been turned down for finance not the majority who have absolutely no problems

      Like

      • 103
        Cinna says:

        Then you are obviously not a customer of RBS. Before the deal went sour RBS customers were told that there accounts were be “sold off” to Santander. There was no choice of staying with RBS. It was Santander or move your money elsewhere…which I did.

        Like

        • 108
          Anonymous says:

          Not true!
          I banked with RBS in leicester and moved my account to Edinburgh. I do all my actions online and have no need to ever go into a branch

          Like

    • 76
      The Critic says:

      It is, because no-one wants to buy them. New start up banks will not want a branch network. What happens if they cannot be sold?

      Like

      • 83
        Bemused says:

        There’s actually a new business opportunity for the Post Office here. They could offer retail local bank services for all the main banks from their existing premises. It all goes into the same Bank Giro system anyway.

        Like

  25. 56
    oioi says:

    Like

  26. 60
    All socialists are hypocrites says:

    Andrew Neil cut straight through the whole ill-thought out bullshit when he interviewed Chuka Umuna on BBC Daily politics..When Chuka was asked repeatedly how much the existing challenger banks had lent to SME’s Chuka admitted that he didn’t know and Neil pointed out that in fact they had lent very little and in fact even with Labour’s plan the whole rationale of it being to increase the lending to SME’s because to lend to SME’s a particularyl risky sector you needed banks with large balance sheets not smaller banks and even IF, a big IF, they could offload branches i.e. find a buyer Labour’s plan would not increase lending to SME’s

    Another load of crap from Labour shot down before even Miliband had sat down from his speech

    Like

    • 64
      JH2303409329-3423 says:

      I simply can’t believe MC Chukky did not know the figure.

      He knows all sorts of obscure statistics about other people’s business, and likes to check if they know them too, making a big fuss if they don’t.

      He likes Garage you know.

      Like

  27. 65
    JMF says:

    It becoming more clear by the day if Labour want to win the next election they will have to gag Milliband, Balls and Chuka.

    Like

    • 67
      jgm2 says:

      Well they’ve gagged Balls. I haven’t seen or heard tell of him for weeks.

      Like

    • 68
      Also says:

      And Reeves and the Eagles and Hattie and Cooper and Abbott and…………

      Like

      • 70
        FFS says:

        Perhaps they could put tape across the mouths of everyone in the PLP as a kind of fake protest, thus giving them an excuse to avoid saying anything at all. They might have a chance then.

        Like

      • 93
        Jack Ketch says:

        Someone should tell that Yank Gates that we don’t need a strong military, we can just send Eagle, Reeves, Flint, Cooper and Harpy to shout at any enemy.

        Like

  28. 75
    A Tory voter says:

    And I thought my party was a shower of sh!t.

    Like

  29. 77
    The Critic says:

    Why is anyone surprised? A complete shower of shite who spent 13 years demonstrating their utter ineptitude and continue to do so.

    Today, Ed exceeded my expectations -he’s even worse than I believed possible. The chilling thought is that he believes the garbage he spouts.

    Like

  30. 80
    gordon is a moron says:

    labour leadership really are woeful, policy made up on the hoof!

    Like

  31. 90
    Guest53 says:

    Red Ed is agin big banks, but not against big unions. Unite should gat a taste of his medecine

    Like

  32. 96
    Blowing Whistles says:

    All the financial experts from around the world – who’s collective mismanagement of their own economies – for which ordinary people are paying the price are meeting in Davos next week – Oh Please Mother Nature – sort the the lot of them out.

    Like

  33. 105
    nick says:

    When are Labour going to realise that keeping Milliband as l;eader and Balls as a shadow chancellor is handing the next election to the Tories? Milliband talks absolute bandwagon crap and looks lioke a camel. Balls just talks crap, has little intellect and is prone to lies. I smell a Tory land slide-thank god.

    Like

  34. 106
    Labour continues to steal pensioners income says:

    What the Tories should be banging on about is that the value of bank shares are key to the success of many pension funds who need dividends from these companies to ensure reasonable old age income for those who don’t enjoy a government final salary pension.With Brown, Balls and Milliband scrapping the tax free status of pension fund dividend income, thereby impoverishing millions, for Milliband then to make this speech depressing the price of these shares is stupidity beyond belief.

    Like

    • 110
      CYNICAL OLD GIT says:

      The socialists are ultimately driven by spite ,envy, and hatred of personal freedom , to them the very existence of private pensions is an affront , they would much rather that all working people were totally dependent on the state for all their needs , administered by an educated marxist bureaucracy.

      Like

  35. 107
    Edinburgh Skanky Shitty says:

    Zzzzzzzzz! Another crappy speech.

    Like


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We also need Zil lanes.


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