Brexit - am I stupid or what?

Absolutely. But the increase in spending and associated taxation, tax revenue from monies moved abroad (one good thing about Brexit will be that it will be easier to do that) and the increase in tax revenue from those that do have to pay on monies over 30 grand will mean that the NHS and Social Security budgets will swell so it will not be an issue.

 

But we all know it will not be spent on the NHS or social budgets.
It will just vanish in the main scheme of things.

Your beginning to sound like a Brexit supporter during the referendum.

 

Hiya Mike, I used to lay ring mains on the building site many moons ago - pretty sure the old 2.5 was 7029

 

Anything that caused house prices to drop substantially could (would?) cause a mass of of negative equity, defaults and maybe another financial crisis.

And with such a scheme of taxation, home owners would simply go for equity release schemes, leaving only £30,000 of (tax free) equity in their homes (per child/etc.?). Know of many who've done that to avoid paying a penny in care charges.

EDIT: Maybe the answer is that home ownership is simply no longer affordable for everbody who desires it, and there needs to be a an increase in 'social' housing (or other forms of rented accommodation), to replace the home that Thatcher sold off.

N.B. And I don't blame anybody for buying their council house, just Thatcher for not replacing them with new homes to rent.

 

2.5mm2[1] Is what's used in specifications and the IEE Regs, a copy of which I had on my desk.


[1] Administrators - Any chance of getting a superscript/subscript add-on, so the likes of m2, mm2 can be displayed correctly, as it doesn't seem to be available amongst the standard Xenforo BB codes

 

Now that is harsh!!!

Where did I advocate a drop in income? As long as no-one needed to sell they would have no need to default. Unpopular I agree, but the situation for a lot of people is not good.

Yup - already suggested by @pete and having the economy flooded with people trying to spend their loot before they croak would provide a boost.

I'm not sure that I'm at all comfortable with that behaviour.

 

I'm no electrician but I always thought cable was rated in amps, ie 30amp.
I know it now says 2.5mm but I'm guessing that is the thickness of the copper?

 

Funny only in part @longk .

 

Problem with housing is imo, that they don't build the right kind of houses.
Loads of four five bedroomed stuff being thrown up on greenfields around here, get someone to put up anything nearly affordable, no chance.
Must admit a tiny flat with no garden is not my ideal, but it would be a foot on the housing ladder for some people.

 

It's not just been the amps for a long time, it was many years ago when 1mm2 lighting cabled needed upgrading to 1.5mm2 when under/ behind insulation to prevent overheating. And meter tails required upgrading to armoured cable purely because of their length.

 

Cant understand why length in itself would dictate armoured cable?
But as I say, not an electrician, I would have thought the cable size would have been more important regarding overheating.