That report, like all the others, tells me that a head was found but no body. It tells me, like all the others that the man was decapitated by being hit by a bus. I've spent most of my life in road transport related jobs and later in accident investigation and that's the first incident I've ever heard of where a bus has decapitated a pedestrian. I think there are regulations in place to prevent vehicles from causing that type of injury.
There's nothing in that report, like all the others, to tell us the man's body was found nearby. There's nothing in that report, like all the others, about the bus and driver being found. Other reports say that there were a lot of pedestrians around (it being Halloween) so how did a bus get up enough speed to decapitate a man? No Lothian bus services use the street and it has a no traffic curfew from 22:00.
If the bus and driver have been found why has it not been reported? I'm interested, from a (previous) professional popint of view.
Taipan wrote: ↑Wed Nov 20, 2024 9:21 am
So growth down and now inflation up, but the budget was about growth right!
Another rate cut this year has now been given a 9.7% chance, down from 15% prior to the latest inflation figures. Markets are now only predicting two 25bp cuts next year. In lay terms, this means mortgage payments won't be coming down as quickly as one might hope.
On the up side, higher rates means a stronger pound, so your holiday money, if you can can still go given your mortgage repayments, will go further in forrin lands (GBP/EUR back above 1.20 as of this morning), as long as that forrin land ain't America, as the greenback is riding the 'Trump Trade' wave at them moment.
Yambo wrote: ↑Wed Nov 20, 2024 9:45 am
If the bus and driver have been found why has it not been reported? I'm interested, from a (previous) professional popint of view.
Well they probably didn't guess his name just from the head
I'd suspect it's more the case that it's not widely reported in the popular press, doesn't mean it's being hushed up, it's just not a headline. They don't shout about all the other pedestrians killed either.
That report, like all the others, tells me that a head was found but no body. It tells me, like all the others that the man was decapitated by being hit by a bus. I've spent most of my life in road transport related jobs and later in accident investigation and that's the first incident I've ever heard of where a bus has decapitated a pedestrian. I think there are regulations in place to prevent vehicles from causing that type of injury.
There's nothing in that report, like all the others, to tell us the man's body was found nearby. There's nothing in that report, like all the others, about the bus and driver being found. Other reports say that there were a lot of pedestrians around (it being Halloween) so how did a bus get up enough speed to decapitate a man? No Lothian bus services use the street and it has a no traffic curfew from 22:00.
If the bus and driver have been found why has it not been reported? I'm interested, from a (previous) professional popint of view.
There was, is, a sort of silence around it? My weegie colleague told me the bodyless man was a convicted sex offender and it was a revenge attack. I thought this slightly odd, as I thought they would have lopped off his genitals rather than his head? I'll further qualify his version of events by adding he told me Alex Salmon was assassinated and that's being covered up too...
I didn't think anyone could look worse than the departing Tories so quickly! There's not much sport to be had with labour voters either, as they're more incensed than anyone else!
Taipan wrote: ↑Wed Nov 20, 2024 9:21 am
So growth down and now inflation up, but the budget was about growth right!
And she lied on her CV, no wonder her budget backfired. She now she's doubling down by robbing the public sector pension pots.
I'm no lover of the present government but pooling the public sector pension funds is an idea that has been around for at least twelve years to my certain knowledge. ( Then it was the big Dutch pension funds that were the role models ) . Like Tiepin , I worked in HE and was indeed a Unison Pension Rep. The pension funds will experience lower management costs but some of Gremmer's mates in the city will have take a smaller cut.
I thought Labour are doing well. Not perfect but well.
Of course they're going to squeeze the Tory die hards who will complain about it; that's how the two party system works. They've had it their way for 14 years, now it's the turn of the young, minorities and the non privileged working.
Taipan wrote: ↑Wed Nov 20, 2024 9:21 am
So growth down and now inflation up, but the budget was about growth right!
And she lied on her CV, no wonder her budget backfired. She now she's doubling down by robbing the public sector pension pots.
I'm no lover of the present government but pooling the public sector pension funds is an idea that has been around for at least twelve years to my certain knowledge. ( Then it was the big Dutch pension funds that were the role models ) . Like Tiepin , I worked in HE and was indeed a Unison Pension Rep. The pension funds will experience lower management costs but some of Gremmer's mates in the city will have take a smaller cut.
It's not the pooling that I would find concerning, it's making them invest in projects designed to boost UK growth rather than investing for good returns. Labour is using the funds to make themselves look good, who cares if they make money
Mussels wrote: ↑Thu Nov 21, 2024 10:39 am
And she lied on her CV, no wonder her budget backfired. She now she's doubling down by robbing the public sector pension pots.
I'm no lover of the present government but pooling the public sector pension funds is an idea that has been around for at least twelve years to my certain knowledge. ( Then it was the big Dutch pension funds that were the role models ) . Like Tiepin , I worked in HE and was indeed a Unison Pension Rep. The pension funds will experience lower management costs but some of Gremmer's mates in the city will have take a smaller cut.
It's not the pooling that I would find concerning, it's making them invest in projects designed to boost UK growth rather than investing for good returns. Labour is using the funds to make themselves look good, who cares if they make money
As long as the fund covers the liabilities why does it matter that they won't be getting maximum growth? (Which usually comes with maximum risk). They still be operating under pensions management legislation too, I assume, so can't go putting it all on red at the casino.
Maybe it'll do some of the stuff that Investors in Industry (3i) did before it was flogged off in 1987.
Doubt is not a pleasant condition.
But certainty is an absurd one.
Voltaire
This investing long term pension funds isn't actually that easy. You need to get decent growth on some shares because you also need liquidity. Pushing large chunks of money into good ideas that will take 25 years to make profits is likely to be low return at least in the short term., and not very liquid either.
Cousin Jack wrote: ↑Thu Nov 21, 2024 7:50 pm
This investing long term pension funds isn't actually that easy. You need to get decent growth on some shares because you also need liquidity. Pushing large chunks of money into good ideas that will take 25 years to make profits is likely to be low return at least in the short term., and not very liquid either.
Yebbut. They can operate a balanced portfolio - it'll be big enough - it doesn't all have to go into personal flying transport projects. Pretty sure the outgoings will decline too, I bet that new starters aren't all on final salary pensions.
It could work out quite well.
Doubt is not a pleasant condition.
But certainty is an absurd one.
Voltaire
@Count Steer Most local government pension funds won't be fully in the black . The only ones that used to be , were the Glaswegian ones , where life expectancy really was awful . I understand life expectancy has peaked and is on a slightly downward trend . That should please MLSP
Treadeager wrote: ↑Thu Nov 21, 2024 8:10 pm
@Count Steer Most local government pension funds won't be fully in the black . The only ones that used to be , were the Glaswegian ones , where life expectancy really was awful . I understand life expectancy has peaked and is on a slightly downward trend . That should please MLSP
So all the potential deficit problems will be in on place and there should be some efficiencies to be gained. The other big ones seem to do ok...as long as they don't buy a chunk of Thames Water and write off more than £990 million like the Ontario Municipal Employees Retirement Scheme did!
Doubt is not a pleasant condition.
But certainty is an absurd one.
Voltaire
I'll further qualify his version of events by adding he told me Alex Salmon was assassinated and that's being covered up too...
