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Author Topic: £500 from the government?  (Read 1328 times)

Steve H

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£500 from the government?
« on: July 07, 2020, 10:01:17 AM »
Apparently, that nice Mr Sunak is considering a scheme to help "the High Street", ie bricks-and-mortar shops, get back on their feet after lockdown by giving every adult £500, and every child £250 (presumably the latter in the care of their parents or guardians). It'll be in the form of either traditional paper vouchers or a smartcard. Either way, it won't be usable online, or saveable in a bank. It occurs to me that, while people may prefer the smartcard, the vouchers will do more good to shops. Consider: assuming that no cash change can be given when spending vouchers, and that you get 50 £10 ones, if you want to buy something for £28, using vouchers, you'll have to use two, plus £8 cash, whereas with a smartcard you'll be able to spend the exact amount from the credit from it. Thus, by the time you've used up your 50 vouchers, you'll've spent rather more than £500. but not with the card.
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Roses

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Re: £500 from the government?
« Reply #1 on: July 07, 2020, 10:20:45 AM »
Have you any evidence to back up your thread, it seems highly unlikely?
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Aruntraveller

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Re: £500 from the government?
« Reply #2 on: July 07, 2020, 10:25:27 AM »
Quote from: Littleroses on July 07, 2020, 10:20:45 AM
Have you any evidence to back up your thread, it seems highly unlikely?

There has been some talk of this recently.  If I recall correctly it was a think tank that suggested it. Some people think it would be more cost effective at getting businesses going rather than any form of tax relief. Whether that is a correct conclusion I have no idea.
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Steve H

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Re: £500 from the government?
« Reply #3 on: July 07, 2020, 10:31:11 AM »
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I came to realise that every time we recognise something human in creatures, we are also recognising something creaturely in ourselves. That is central to the rejection of human supremacism as the pernicious doctrine it is.
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Roses

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Re: £500 from the government?
« Reply #4 on: July 07, 2020, 10:36:18 AM »
I didn't see it on the BBC news site, but have looked it up on google. What a terrible waste of money, if they are considering giving voucher to everyone in the UK. They should only be giving to people in need, I would not accept one.
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Aruntraveller

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Re: £500 from the government?
« Reply #5 on: July 07, 2020, 10:38:55 AM »
Quote from: Littleroses on July 07, 2020, 10:36:18 AM
I didn't see it on the BBC news site, but have looked it up on google. What a terrible waste of money, if they are considering giving voucher to everyone in the UK. They should only be giving to people in need, I would not accept one.

well its not if it has the desired effect of kickstarting the economy which would benefit all of us.
« Last Edit: July 07, 2020, 10:42:17 AM by Trentvoyager »
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Roses

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Re: £500 from the government?
« Reply #6 on: July 07, 2020, 10:41:10 AM »
Quote from: Trentvoyager on July 07, 2020, 10:38:55 AM
well its not if it has the desired effect of kickstarting the economy

I somehow doubt it will do that, but I could be wrong.
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Aruntraveller

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Re: £500 from the government?
« Reply #7 on: July 07, 2020, 10:48:13 AM »
Quote from: Littleroses on July 07, 2020, 10:41:10 AM
I somehow doubt it will do that, but I could be wrong.

There are obvious advantages. It gives an immediate shot in the arm to the economy, it foŕces people to spend in retail which has been most heavily affected by the lockdown and it gets people into the habit of shopping again. I'd rather 30 billion on this than the 100+billion on High speed rail. But as I say, I dont know if the sums stack up correctly, but it would be wrong to dismiss it out of hand.
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Roses

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Re: £500 from the government?
« Reply #8 on: July 07, 2020, 11:39:49 AM »
The only shopping I do in person is my weekly supermarket food shop, I much prefer to buy everything else on-line.
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Aruntraveller

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Re: £500 from the government?
« Reply #9 on: July 07, 2020, 11:52:00 AM »
Quote from: Littleroses on July 07, 2020, 11:39:49 AM
The only shopping I do in person is my weekly supermarket food shop, I much prefer to buy everything else on-line.

The idea of this is to limit the £500 to physical shopping and I think hospitality, as the high street has been hit badly, whereas online has been having a bit of a bonanza during the pandemic.
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Roses

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Re: £500 from the government?
« Reply #10 on: July 07, 2020, 11:56:22 AM »
Quote from: Trentvoyager on July 07, 2020, 11:52:00 AM
The idea of this is to limit the £500 to physical shopping and I think hospitality, as the high street has been hit badly, whereas online has been having a bit of a bonanza during the pandemic.

Things change and shopping will change with it, in another 20 years or so I doubt high street shops will exist.
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Aruntraveller

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Re: £500 from the government?
« Reply #11 on: July 07, 2020, 12:11:18 PM »
Quote from: Littleroses on July 07, 2020, 11:56:22 AM
Things change and shopping will change with it, in another 20 years or so I doubt high street shops will exist.

I fear it isn't, but I hope your prediction is wrong.
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Roses

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Re: £500 from the government?
« Reply #12 on: July 07, 2020, 12:23:05 PM »
Quote from: Trentvoyager on July 07, 2020, 12:11:18 PM
I fear it isn't, but I hope your prediction is wrong.

I have no problem with that at all, many more staff will be required to man the increasing on-line shopping businesses, whilst retail parks will cater for supermarkets and furniture stores etc.
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Steve H

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Re: £500 from the government?
« Reply #13 on: July 07, 2020, 12:28:16 PM »
Quote from: Littleroses on July 07, 2020, 12:23:05 PM
I have no problem with that at all, many more staff will be required to man the increasing on-line shopping businesses, whilst retail parks will cater for supermarkets and furniture stores etc.
Clothes shops will survive, as you can't try things on online. So will charity shops and post offices. I think that "the High Street" will shrink, but not disappear.
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I came to realise that every time we recognise something human in creatures, we are also recognising something creaturely in ourselves. That is central to the rejection of human supremacism as the pernicious doctrine it is.
Robert Macfarlane

Aruntraveller

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Re: £500 from the government?
« Reply #14 on: July 07, 2020, 12:36:47 PM »
Quote from: Littleroses on July 07, 2020, 12:23:05 PM
I have no problem with that at all, many more staff will be required to man the increasing on-line shopping businesses, whilst retail parks will cater for supermarkets and furniture stores etc.

No I can see you wouldn't.
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If a man lies with a male as with a woman, both of them have committed an abomination; they shall surely be put to death; their blood is upon them. - God is Love.
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