Do you want to discuss boring politics? (71 Viewers)

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Deleted member 5849

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fatso said:
Might help if he had the odd policy other than "I'm not them"



Although that may well.be enough tbf.
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I still have hope for the manifesto, but recent desires to tie to current spending really aren't helping me keep that optimism.
 
Grendel

Grendel

Well-Known Member
clint van damme said:
It will be enough for him, my worry is it won't be enough for the rest of us.
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There’s always

Boris Johnson GIF by GIPHY News
 
Grendel

Grendel

Well-Known Member
There may be trouble ahead…

 
fatso

fatso

Well-Known Member
Deleted member 5849 said:
I still have hope for the manifesto, but recent desires to tie to current spending really aren't helping me keep that optimism.
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I think he's preparing the way for what happens after he wins the general election and every one says "what's changing then?" and he says "well nothing actually"

It's easy to promise the world when your in opposition, but it's very different when your called upon to actually deliver.

Personally I feel utterly dejected and let down and abandoned by the state of British politics, the Tories deserve to go, and have to go, but Labour arn't fit to govern anything, and the Libdems and greens are a fucking joke. surely there has to be a better way than this cluster fuck.
 
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Grendel

Grendel

Well-Known Member
Channel 4 should have its funding withdrawn after that human meat bollocks programme
 
JAM See

JAM See

Well-Known Member
Grendel said:
Well ok the government should sell channel 4 which would yield £1 billion to pay on worthwhile projects
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Selling the water and the oil and the council houses went well.

Yeah, sell more publicly owned assets.

Yawn.
 
skybluetony176

skybluetony176

Well-Known Member
Deleted member 9744 said:
Are you Nadine Dorries?
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The silly thing is it has no debt, it costs the taxpayers zilch in funding and the way it funds program making is unique to the industry. Compare it to Netflix who’s massively in debt and its share price is tumbling. There is zero logic in selling it off, which is probably why Boris and Nads thought it a good idea. This government would only waste the money anyway.
 
rob9872

rob9872

Well-Known Member
"Channel 4 makes up to £2 billion for the economy each year. In 2021, Channel 4's revenues hit £1 billion, a 19% growth from 2020. It reported a £74 million pre-tax surplus and net cash reserves of £201 million."

That's from Google. Can someone with better financial understanding than me, explain how a company that only turns over £1bn per annum with pre-tax profits of £74m, makes £2bn per annum for the Economy?
 
rob9872

rob9872

Well-Known Member
I also dont see why it should remain publicly owned. I agree we should never have privatised water or fuel, but no business owning C4 (or BBC tbf), any more than owning a supermarket and setting food prices.
 
shmmeee

shmmeee

Well-Known Member
rob9872 said:
"Channel 4 makes up to £2 billion for the economy each year. In 2021, Channel 4's revenues hit £1 billion, a 19% growth from 2020. It reported a £74 million pre-tax surplus and net cash reserves of £201 million."

That's from Google. Can someone with better financial understanding than me, explain how a company that only turns over £1bn per annum with pre-tax profits of £74m, makes £2bn per annum for the Economy?
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Company A has big project

Enlists Companies B, C, D… to do work on project. All of these add to GDP.
 
Grendel

Grendel

Well-Known Member
shmmeee said:
Company A has big project

Enlists Companies B, C, D… to do work on project. All of these add to GDP.
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Which would occur whoever owns it
 
shmmeee

shmmeee

Well-Known Member
Grendel said:
Which would occur whoever owns it
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Assuming it’s as successful, sure. But we don’t own media companies for economic reasons.

What’s your plan to pay the bills once you’ve sold off all your assets? Rishi Sunak OnlyFans?
 
C

CCFCSteve

Well-Known Member
skybluetony176 said:
The silly thing is it has no debt, it costs the taxpayers zilch in funding and the way it funds program making is unique to the industry. Compare it to Netflix who’s massively in debt and its share price is tumbling. There is zero logic in selling it off, which is probably why Boris and Nads thought it a good idea. This government would only waste the money anyway.
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Correct Netflix carries a lot of debt but after a big drop in share price it’s been climbing for past 12 months. Not sure comparing the two is wise, Netflix has 250m paying subscribers worldwide and I think makes 12bn a year. C4 has a declining viewership and just about breaks even. 968C6CB7-1602-4EDC-9908-4440981C16C2.jpeg

I’ve got no big issue with C4 remaining under public ownership as it makes a little bit of money so isn’t a burden currently but I suppose the question is whether it’s really a governments role to own tv channels..unless you live in Russia I guess ? Also then whether it will remain profitable. The TV worlds changing rapidly and if we can get £1bn for it now, it might not be a bad shout
 
Grendel

Grendel

Well-Known Member
PVA said:
This exchange is almost identical to this one 🤣
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Well it isn't it was a glib comment to a programme no one it seems watched

It is interesting though how it uses a GDP argument to support its reasoning to remain under public ownership as even when it makes losses (as it has done in the past) it uses an argument that it still makes positive net contributions to the economy.
 
fernandopartridge

fernandopartridge

Well-Known Member
rob9872 said:
"Channel 4 makes up to £2 billion for the economy each year. In 2021, Channel 4's revenues hit £1 billion, a 19% growth from 2020. It reported a £74 million pre-tax surplus and net cash reserves of £201 million."

That's from Google. Can someone with better financial understanding than me, explain how a company that only turns over £1bn per annum with pre-tax profits of £74m, makes £2bn per annum for the Economy?
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Because it will spend a significant amount buying goods and services obviously

Sent from my Pixel 7 using Tapatalk
 
Grendel

Grendel

Well-Known Member
rob9872 said:
"Channel 4 makes up to £2 billion for the economy each year. In 2021, Channel 4's revenues hit £1 billion, a 19% growth from 2020. It reported a £74 million pre-tax surplus and net cash reserves of £201 million."

That's from Google. Can someone with better financial understanding than me, explain how a company that only turns over £1bn per annum with pre-tax profits of £74m, makes £2bn per annum for the Economy?
Click to expand...

Its sort of the argument deployed to retain the Royal Family - namely their wages pay for themselves

Recent attempts to measure the size of the impact of the royal family on UK tourism have estimated the capital value of UK monarchy as a business to be £67.5 billion (up from £44 billion in 2012) and the annual contribution to the UK economy to be £1.766 billion.
 
rob9872

rob9872

Well-Known Member
fernandopartridge said:
Because it will spend a significant amount buying goods and services obviously

Sent from my Pixel 7 using Tapatalk
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I hadn't considered it so it wasn't obvious or I wouldn't have asked. I forgot we're all experts on everything so nobody should ever ask a question as the entire forum knows the answer to everything on every subject.
 
D

Deleted member 5849

Guest
CCFCSteve said:
Correct Netflix carries a lot of debt but after a big drop in share price it’s been climbing for past 12 months. Not sure comparing the two is wise, Netflix has 250m paying subscribers worldwide and I think makes 12bn a year. C4 has a declining viewership and just about breaks even. View attachment 30864

I’ve got no big issue with C4 remaining under public ownership as it makes a little bit of money so isn’t a burden currently but I suppose the question is whether it’s really a governments role to own tv channels..unless you live in Russia I guess ? Also then whether it will remain profitable. The TV worlds changing rapidly and if we can get £1bn for it now, it might not be a bad shout
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Culturally it's the government's role, remove the profit motive so we get original innovative content, some of which will work and some bomb.

The main issue in a BBC sense is the same government (apolitical) assesses in too large a part by quantitative means, so we get the same sort of content, with less budget to make it!
 
jimmyhillsfanclub

jimmyhillsfanclub

Well-Known Member
I watched this & am amazed this got to air.

Failed on every level.

My dog writes better parody.

Lets hope the "comedy" writer Matt Edmonds never works again. 0/10.
 
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