1. Labour inherited a very strong economy in '97. 17 years of Tory rule saw to that. 10 years of Labour and the story was far different. Labour's first move in 97 was to de-regulate the Bank of England and allow it to dictate the interest rates.1. Why did Labour need to? The economy was performing strongly up until the worldwide financial crash of 2008. The gap between the poorest and wealthiest has grown into a chasm since then, because of central bank's policy of printing money (QE), which has kept interest rates at ridiclulously low levels, boosting the assets of the rich, and hit the disadvantaged hardest.
2. Quite likely. Do you think the north-south divide is healthy for the UK? If you do, and you want that to continue, I'd suggest keep voting Conservative.
3. Don't really get this - all politicians "scramble" for votes short term. How many election pledges has May gone back on - 10 and counting? As a consumer and user of utilities and transport, I'd love to to hear of some of the benefits of privatisation.
Q. Please explain why low interest rates hit the disadvantaged hardest? And have european banks been any different regarding low interest rates?
2. No I don't, this is only a small Nation in relative terms and the wealth should be distributed throughout. Given the socialist nature of London voters do you really believe that Corbyn will change that? Blair's lot didn't lift a finger did they? Given the power of wealth down there do you think he will even be allowed to?
3. "As a consumer and user of utilities and transport, I'd love to to hear of some of the benefits of privatisation." Those of us old enough can all well remember the disadvantages of public ownership that's for sure. The unions simply used that situation to disrupt the nation and create social and political mischief. State owned industries became a political tool in the Unions haste to shatter the political status quo with the intention of making this country join the 20th Century communist revolution and become a communist satellite of the soviet union, as well you know.