AngryofTuebrook

There is nothing in EU law to override the Benn Act (not "bill" - it's been enacted as UK law) and kick us out on the 31st.

What constitutes the perfect cooked breakfast? Margaret Thatcher

The CBI figures shouldn't be taken as the absolute truth (and they should certainly not be taken as impartial). https://weownit.org.uk/blog/here’s-why-cbi-wrong-about-labour’s-nationalisation-plans "Public ownership is an investment, not a cost As John McDonnell keeps pointing out, when it comes to water, energy and the Royal Mail, we’d be acquiring profitable assets which would return billions to the public purse every year.... But what about the upfront cost of buying back the companies involved? Well, it’s not up to the CBI. Parliament will decide on compensation levels for buying back our services, based on the public interest. UK and European courts have repeatedly said that “legitimate objectives of 'public interest', such as pursued in measures of economic reform or measures designed to achieve greater social justice, may call for less than reimbursement of the full market value”... The CBI said today that renationalisation of water, energy, rail and Royal Mail would cost £196 billion. There are two problems with the way they calculated this figure. Firstly, they used the Regulatory Asset Base (RAB)/Regulatory Capital Value (RCV) of the companies involved. But this isn’t the real market value, it’s just a notional figure used by the regulators. Secondly, the 30% markup is based on traditional takeover practice. But bringing assets into public ownership isn’t a takeover. It’s hard to imagine that parliament would justify giving shareholders 30% extra on top of RAB/RCV. Why would this huge handout to investors be in the public interest?.. Public ownership pays for itself Buying back the water companies in England would pay for itself in 8 years. It would cost £15 billion (the actual book value of shareholders’ investments) and we’d save £2.3 billion a year. Buying back our energy networks would pay for itself in 7 years. It would cost £22 billion (the actual book value of shareholders’ investments) to buy back the National Grid and the regional distribution companies and we’d save £3.2 billion a year. Buying back our Royal Mail would pay for itself in 7 years. It would be even simpler - the private owners have managed it so badly that the market value today is only £2.2 billion, less than half of even the book value of the company - and we would save over £300 million a year. When it comes to rail, we can take franchises in house one at a time as they come up for renewal without paying a penny in compensation. We already own the infrastructure through Network Rail. When new trains are needed, we can buy them directly on behalf of the public, and save ourselves the £200 million a year currently going to rolling stock shareholders. We would then collectively own, control and benefit from all the assets of our public water, energy, post and rail systems... Bringing these assets into public ownership would not only pay for itself, it would have huge benefits for the environment, society and economy. Benefits like transparency, democratic accountability, lower bills and fares, more investment, more care and better services. Instead of insisting private companies have to do everything, we can embrace a mixed economy and 21st century public ownership. Public services should work for all of us, not just for shareholders. The sooner we make it happen, the better."

OK. I'll rep that one.

€70 to all the people in the region? What a mingebag. That's not going to go far once they share it out.

"A small building is set to be built behind the fanzone for performers". I hope they don't give that job to Meis, or it won't be finished until (*checks list of young-people references*) BTS look like the Rolling Stones.

He's been busy gifting dodgy penalties to Cristiano Ronaldo tonight; y'know, for old time's sake.

Matip is a much better footballer than the Fod. It's not even close. Pogba on a good day can be better than Gini or Hendo, but you couldn't count on him. Our lads are far more consistent.

This is far and away the highlight of my day. Imagine being the benchmark of all woe: literally the definitive woe.

New sponsor will be Rossignol skis, because they're going downhill fast.

I'm going with the first option, that Superfod has a time machine.

Boris Johnson approves this message.

Didn't he turn up to a Jewish festival with a gift of homegrown beetroot? Fucking beetroot! That's a hate-crime if ever I saw one.

Also, it is an Act of Parliament. Johnson is only the UK's representative by the grace of Parliament.