Balanced Question Time panel tonight - of course not! Vol 3

[MC Bodge]

hidetheelephants said:

Not quite; ONR approval is due in 2024

OK. Let's see if that happens.

[Digger]

ONR ?

[Cold]

Digger said:

ONR ?

Office for Nuclear Regulation. Basically the Health and Safety people for all things nuclear in the UK. They help to prevent the public from glowing in the dark.

[Cobnapint]

Cold said:

Digger said:

ONR ?

Office for Nuclear Regulation. Basically the Health and Safety people for all things nuclear in the UK. They help to prevent the public from glowing in the dark.

Then there'll be ongoing design mods, and actions required by the regulators. Etc etc.
I think you're looking at 2025 at the earliest.
And even then, would we be 'selling' them off-the-shelf overseas? Dunno

[fido]

Usual QT tripe. Woman with 10% mortgage offer - must have pretty awful finances - even if no one wanted to ask that.

Makes good headlines though. https://www.bbc.co.uk/news/av/uk-politics-63084380...

[Countdown]

fido said:

Usual QT tripe. Woman with 10% mortgage offer - must have pretty awful finances - even if no one wanted to ask that.

Makes good headlines though. https://www.bbc.co.uk/news/av/uk-politics-63084380...

If she was initially offered 4.5% they can't be that awful, surely?

The mortgage market appears to be fked in the short terms, and that's down to Kwasi and Liz.

[MC Bodge]

fido said:

Usual QT tripe. Woman with 10% mortgage offer - must have pretty awful finances - even if no one wanted to ask that.

Makes good headlines though. https://www.bbc.co.uk/news/av/uk-politics-63084380...

The mortgage market is currently in a bad way, though, is it not?

[Andy 308GTB]

MC Bodge said:

fido said:

Usual QT tripe. Woman with 10% mortgage offer - must have pretty awful finances - even if no one wanted to ask that.

Makes good headlines though. https://www.bbc.co.uk/news/av/uk-politics-63084380...

The mortgage market is currently in a bad way, though, is it not?

Globally
https://www.theguardian.com/business/2022/sep/29/u...

[fido]

Countdown said:

If she was initially offered 4.5% they can't be that awful, surely?

They can't be great if she can only get 10% now - when the st h1ts the fan the spread between good and bad always widens. 4.5% was still bad if 3.5% was the norm.

[Countdown]

fido said:

Countdown said:

If she was initially offered 4.5% they can't be that awful, surely?

They can't be great if she can only get 10% now - when the st h1ts the fan the spread between good and bad always widens. 4.5% was still bad if 3.5% was the norm.

Yes, and my feeling is that Kwasi's fiscal event is what caused the st to hit the fan. It's incredible incompetence.

[hidetheelephants]

Countdown said:

fido said:

Usual QT tripe. Woman with 10% mortgage offer - must have pretty awful finances - even if no one wanted to ask that.

Makes good headlines though. https://www.bbc.co.uk/news/av/uk-politics-63084380...

If she was initially offered 4.5% they can't be that awful, surely?

The mortgage market appears to be fked in the short terms, and that's down to Kwasi and Liz.

Andrew the bank manager helped too.

[Countdown]

hidetheelephants said:

Andrew the bank manager helped too.

i thought he tried to help by spending £65bn on gilt purchases? In fact isn't that what steadied the markets?

[faa77]

"We need more houses"

No, we need less people.

[pork911]

faa77 said:

"We need more houses"

No, we need less people.

you first

[s1962a]

faa77 said:

"We need more houses"

No, we need less people.

The good news is that due to Brexit, our workers skill shortage will be fulfilled in part by our trading partners, such as India, so number of people will go up, not down. We need more houses.

[hidetheelephants]

Countdown said:

hidetheelephants said:

Andrew the bank manager helped too.

i thought he tried to help by spending £65bn on gilt purchases? In fact isn't that what steadied the markets?

Notwithstanding the spinning bowtie extravaganza that is the govt and their slashathon not-a-budget, the BoE took a look at the market turmoil and decided that going on with their plan to sell govt bonds was just a peachy idea rather than putting it on ice for a month or two. There's plenty of blame to go round. Anyone in the UK with a private pension would be justified in marching on Threadneedle St with flaming torches.

[FiF]

fido said:

Countdown said:

If she was initially offered 4.5% they can't be that awful, surely?

They can't be great if she can only get 10% now - when the st h1ts the fan the spread between good and bad always widens. 4.5% was still bad if 3.5% was the norm.

The details behind that claim are already being questioned. For example in today's DT reporting MoneySupermarket search tool showed that on the mainstream market the highest rate they could find was 7.44% based on 30,000 deposit on a 180k property.

So either her situation really is not that great or there is some other devil in the detail which is not being aired. There's a surprise.

[Ziplobb]

fido said:

Usual QT tripe. Woman with 10% mortgage offer - must have pretty awful finances - even if no one wanted to ask that.

Makes good headlines though. https://www.bbc.co.uk/news/av/uk-politics-63084380...

I was thinking she has a few CCJs. I had thought she maybe a muslim woman because of the head scarf and at first thought what are you doing even borrowing money ? but I should not make assumptions from peoples appearances.

[A Winner Is You]

Ziplobb said:

fido said:

Usual QT tripe. Woman with 10% mortgage offer - must have pretty awful finances - even if no one wanted to ask that.

Makes good headlines though. https://www.bbc.co.uk/news/av/uk-politics-63084380...

I was thinking she has a few CCJs. I had thought she maybe a muslim woman because of the head scarf and at first thought what are you doing even borrowing money ? but I should not make assumptions from peoples appearances.

Or she made the whole thing up

https://twitter.com/skiptonbs/status/1575923127007...

[FiF]

What's the betting going through a mortgage broker, maybe for a reason. Whatever the actual situation there's often a back story why. May be completely innocent reason and unconnected.