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Unlimited funding.

Community Veteran
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Registered: 02-08-2007

Unlimited funding.

Cameron has promised, 'unlimited funding' for victims of the flood, no problem with that BUT where is this unlimited sum of money going to come from ?
http://www.theguardian.com/environment/2014/feb/11/uk-floods-david-cameron-unlimited-public-funds
Any guesses ?
18 REPLIES
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Moderator
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Registered: 14-04-2007

Re: Unlimited funding.

The contingency reserves? Undecided
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tazmaniandevil
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Re: Unlimited funding.

Motorists, smokers and drinkers. The sub-set of the population who get hammered for everything.
Without being too political, perhaps they could stop subsidising India's space programme?
TORPC
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Re: Unlimited funding.

The money the stopped from jobseekers ?Huh
Community Veteran
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Registered: 15-06-2007

Re: Unlimited funding.

£14 billion in contingency reserves and in the time available they won't even make a small dent in that
Community Veteran
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Registered: 10-04-2007

Re: Unlimited funding.

Doesn't unlimited funding mean we'll keep promising the earth (but not actually pay out) until after the election or everyone has forgotten about it (whichever comes sooner)?
jelv (a.k.a Spoon Whittler)
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Community Veteran
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Re: Unlimited funding.

Extending the funding to cover flooding properly seems a good thing just so long as they don't let Sir Lord Humphreyget his sticky fingers on it. Maybe it is time to convert the Environment Agency back to the Environment Department with real Civil Servants running it  rather than the control of unelected overpaid political princes who make policy decisions without consulting the people
Now Zen, but a +Net residue.
Thunderclap
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Re: Unlimited funding.

Cool Unlimited means quango officials get unlimited downloads on expenses covering travel, accomodation, food, fuel and management consultancy fees. As for everyone else who doesn't get to walk around in high viz jackets pointing randomly into the middle distance, they will have to buy their own bl**dy sandbags - plus VAT at 20%
Community Veteran
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Re: Unlimited funding.

Quote from: AlaricAdair
Maybe it is time to convert the Environment Agency back to the Environment Department with real Civil Servants running it  rather than the control of unelected overpaid political princes who make policy decisions without consulting the people

Isn't the problem here that the policy and funding is set by the politicians who then blame the appointed people (who are hamstrung by the set policies and funding) when it all goes wrong ?
jelv (a.k.a Spoon Whittler)
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Community Veteran
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Re: Unlimited funding.

Politely ask the bankers to donate their bonuses.
That would more than cover the cost.
Community Veteran
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Registered: 12-08-2007

Re: Unlimited funding.

As already stated the money will come from our contingency fund.  Fortunately as the economy is improving there will be no problem in this funding. With more rain forecast this problem will possibly get worse before it gets better. All credit to our emergency services and the military for what they are doing.
Community Veteran
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Re: Unlimited funding.

The problem is likely to arise from who gets what.
For example some people will have building and contents insurance others will not, so do you fund both groups or just those with no insurance ?
What about lost business ? by the time some firms actually get their hands on any money it may be too late and their business has gone bankrupt.
Good news that the economy is improving but some have expressed doubts that it will continue as some of this money has arrived in peoples pockets as a result of refunds to customers who have been incorrectly charged by the banks and other organizations for inappropriate products or things they were unaware of. Added to that is a high increase in spending through credit cards, perhaps more people are feeling better off financially but this may just be an illusion, I may well be wrong indeed I hope I am wrong but would not take a bet either way.
Community Veteran
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Re: Unlimited funding.

I feel sorry for people who can't get insurance  but it's a different situation for people who just don't bother to buy insurance. It seems unfair that they should get compensated without any limits.
David Cameron has announced a series of measures today to help individuals. Grants of up to £5000 will be made to people to pay for future flood protection. He also announced a £10m package of support for waterlogged farms and said other affected businesses would be able to claim 100% tax relief on business rates for three months and be able to defer their tax payments.
@gleneagles, I think there will be a further boost to the economy in April.  The higher tax allowance threshold comes into effect and will take the first £10,000 of earnings out of tax completely.
TORPC
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Re: Unlimited funding.

They will be issuing Kitchen > Living room > Study room > Conservatory > Bathroom > Dining room > Outhouse / shed etc tax soon
WTF
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Re: Unlimited funding.

Quote from: artmo
David Cameron has announced a series of measures today to help individuals. Grants of up to £5000 will be made to people to pay for future flood protection. He also announced a £10m package of support for waterlogged farms and said other affected businesses would be able to claim 100% tax relief on business rates for three months and be able to defer their tax payments

.. but they're still cutting the flood protection budget IN REAL TERMS (and arguably in cash terms, too depending on which period you measure over).
Slightly changing the subject: how soon do we get to sue all these Climate Change/Reality Deniers who have been conspiring for 30 years to stop the world doing anything to mitigage Climate Change?  Surely even they must be struggling to remain in denial about it now ..