Engineer, Inventor, Dad, STEM Educator, Philosopher, Stoic, Youth First Advocate | Opinions are my own. "You can never have too many drill bits."
Earth (b4 the next asteroid)
Joined May 2017
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Engineer since I was knee high. Invented motorised plank of wood aged 8 with spare RC motors, a whole lot of D cells, WD40 and duct tape. Often found randomly bringing stuff together to make inanimate objects move. Occasionally also do the same with people, reluctantly.
Some people seem to disagree. And I'm fine with discussing the finer points of employment economics, but minimum wages and NI rises are easy pickings for politicians and done with little care for the reality for a business. Govt greed is not ok.
I just want a govt who doesn't feed idleness. I want young people to have every opportunity to find their place in the world but to know it always comes with sacrifice. I don't want to be sacrificing my time just to make ends meet in an ungrateful nation who spites success.
Engineering Dad 🔧🌍🇯🇪 retweeted
This all started and enabled by the Tories btw
🚨 NEW: Ofcom says all adults should have to use their ID to access social media.
• Ofcom has recommended four methods for verifying users’ ages ahead of the UK’s ban on social media for under-16s, which is due to come into force in March next year.
• The four methods suggested, subject to government approval, are photo ID matching, banking-based checks, live facial age estimation and digital ID.
• The regulator noted that verifying the ages of 16 and 17-year-olds is challenging because many do not have credit cards, full driving licences or passports.
• Ofcom chief executive Dame Melanie Dawes said the ban can work if firms carry out highly effective age checks, and that the regulator will take action against companies that fail to comply.
They know its just tip of their economically destructive iceberg. They're heading off the inevitable blame before they announce an election.
I just can't rationalise the current political fervour for an intervention in Poundland, which has gone into administration, with the underlying economics and model of the business itself.
It's just a bloody distributor, it produces nothing, there's no strategic importance. There's literally another business called Poundstretcher doing the same thing. And myriad low cost supermarkets.
Any taxpayer funding would just be a straight up subsidy to maintain jobs that are only being lost because the Labour government made employing people prohibitively expensive.
Put simply, a bailout would be economic illiteracy.
And yet MPs will jump up and down on the bandwagon and demand it because they have local constituents affected.
Engineering Dad 🔧🌍🇯🇪 retweeted
Not to sound all libertarian but the healthy mindset is aspiring to earn that much instead of punitively cranking up the taxes on people that do
£125k wouldn't even put someone in the top 10% of earners in the US. I don't think we realise just how poor we are in this country.
Engineering Dad 🔧🌍🇯🇪 retweeted
“People over profit” is a particularly ignorant slogan when you consider that profit is what makes satisfying people's needs economically sustainable.
Profit rewards the creation of value, encourages production, and provides the means to expand supply.
Without profitability, production eventually becomes unsustainable.
Putting people over profit makes about as much sense as putting human survival over food production.
Engineering Dad 🔧🌍🇯🇪 retweeted
Socialism destroys everything that makes a society function: free trade, property rights, personal responsibility, individual agency, aspiration, enterprise, family.
It replaces it with lofty rhetoric, empty promises, repression, stagnation and violence.
Labour is 100% responsible for the Poundland problem. And make no mistake, its not just affecting them, its affecting every single retailer running fine margins and ultimately it hurts you, the buyer as your costs rise. Min wages have also destroyed youth opportunities.
Engineering Dad 🔧🌍🇯🇪 retweeted
This ideology is literally “if anybody still has more take home pay than me, they are not being taxed enough”
Engineering Dad 🔧🌍🇯🇪 retweeted
Making the national grid weather dependent was the most retarded thing Britain has ever done.
Europe is facing its first prolonged period of cool, cloudy and windless weather this heating season, squeezing renewable generation at a time when power prices are already at the highest levels since 2022. bloomberg.com/news/articles/…
Engineering Dad 🔧🌍🇯🇪 retweeted
WTF? A Prime Minister who has never run a business in his life demands answers because a private business fails? … let me help you, Andy & co.
A retail chain needs to stay in fashion, needs to go with the flow! … But you and successive governments don’t like their “tat” products (mostly sourced off shore to sell them at £1!!! That the whole point right?) anyway…
for free (without a taxpayer funded £MULTIMILLION enquiry I’ll tell you the problems… (you’re welcome)
▪️massively increased regulations and compliance costs.
▪️cheap tat sourced from abroad, with rising shipping and transport costs.
▪️Hit by increased minimum wages and employer National Insurance.
▪️Hit by rising rents and business rates.
▪️Hit by soaring energy bills and net zero costs.
▪️Hit by higher interest rates.
▪️Hit by consumers with less disposable income.
▪️Hit by the soaring cost of borrowing to buy stock months in advance.
▪️Hit by higher insurance premiums.
▪️Hit by shoplifting, organised theft and security costs.
▪️Hit by packaging taxes, recycling regulations and environmental compliance costs.( which you just throw into general taxation, non of it changes the weather)
▪️Hit by higher fuel, warehousing and distribution costs.
▪️Hit by increased employment costs, pensions and statutory obligations.
▪️Hit by competition from overseas online retailers operating with very different overheads.( duty free … for foreign businesses oops)
▪️And hit by the impossibility of passing those costs onto customers, who shop at Poundland precisely because they need cheap stuff! … which isn’t cheap anymore (see above)
Every single time you add something on … so do they!
And the idiot, deluded politicians who have made Britain more and more expensive and difficult to do business in, are demanding to know why businesses are struggling?
You are all moronic. My work here is done 🤡
Engineering Dad 🔧🌍🇯🇪 retweeted
'the largest bank heist in human history' rather erases the achievements of this man
Hackers steal £4.7billion worth of crypto in 'the largest bank heist in human history'
gbnews.com/money/binance-nor…
Dystopian Britain latest. A £65 rent tax and one of the most intrusive data leaks waiting to happen. The thievery is done in the open now.
Are you a landlord? 🏠
From 15 December, if you’re a landlord of an assured or regulated tenancy in England, you must register yourself and each of your properties through the new service on GOV.UK by the deadline for your region. Letting agents can’t register on your behalf.
You’ll need to give details of your properties, like:
• the address 🔑
• the number of tenants and bedrooms 🛏️
• the amount of rent you're receiving for a property 💷
• gas and electricity safety certificates ⚡
You may be asked to provide energy performance certificates (EPCs) if your details can't be found on the EPC register.
Engineering Dad 🔧🌍🇯🇪 retweeted
It’s quite simple. The government drove Poundland out of business by making £1 so worthless nothing worthwhile could be bought for it.
Engineering Dad 🔧🌍🇯🇪 retweeted
Nothing highlights the fiscal failure of this government more starkly than the plight of Poundland. The chain's 600 stores and 12,000 workers sit on the verge of collapse, not because its customers have walked away - Poundland's sales grew by 6.7% in September - but because of this government's unaffordable tax rises, which makes it impossible to run a business that works on slim profit margins to keep its prices down for its customers. How ironic that a government preaching about helping the least well-off is forcing a company out of business that does just that.
Engineering Dad 🔧🌍🇯🇪 retweeted
Fun fact:
A new business wishing to employ just three people on the minimum wage must somehow conjure up almost £100,000 a year once employer's National Insurance contributions are taken into account.
Three employees. Almost a hundred grand.
Utter bloody madness.
Engineering Dad 🔧🌍🇯🇪 retweeted
They should confiscate all of Tesco's profits and give them to Poundland.
Why not? It's what they're doing to the country as a whole.
BREAKING: Poundland files notice to appoint administrators as retailer fights for survival
gbnews.com/money/poundland-a…
