Sunday 14 March 1999
... and how they are affected by the Budget.
THE ADDAMS FAMILY. Married couple (Morticia and Gomez) with live-in relatives (Uncle Fester and Cousin Itt). Two kids (Wednesday and Pugsley). One employee (Lurch, the butler). All family members are over 10,000 years old and undead, so extra benefits for the aged and changes to death duties more than outweigh duty increases. Gomez drinks zero-rated liquid nitrogen.
THE CLIP ART/GRAPHICS FAMILY. Two-dimensional married couple with exactly 2.6 kids. Have featured heavily in all newspapers and on TV this week. But they only work for one day in the year (Budget day). They do not own the copyright to themselves and so are not liable to inheritance tax.
THE PARTRIDGE FAMILY. Extremely wholesome working single mum (Shirley Partridge) with no less than five kids, including one multi-millionaire teenage rock star. Heavy professional expenses (diesel for Tour Bus, hair lacquer, freckle cream, flared brown nylon unisex cat-suits and average of 20 tons of toothpaste. Massively quids-in because of child tax credits. A perfect example of the sort of family New Labour is trying to help. BIG WINNERS
THE WOODENTOP FAMILY. Loathsome, sexist, petit-bourgeois, patriarchal nuclear family with live-in servant. Drive huge gas-guzzling wooden Galt People Carrier and have massive mortgage on dreadful chintzy doll's house in suburban Toy Town. Kids attend minor public school, along with all the other Woodentops. Would have mobile phones, but can't talk. Non-smokers, obviously.
TAKEN TO THE CLEANERS.
Gobsmacking facts, priceless advice and utterly crucial information to impress people with. This week culled from `Money Observer'...
* "It is difficult to pick up a newspaper these days without reading about the launch of another Pan-European Equity Index". If you are very, very sad, that is.
* "British Energy's Web Site is one of the best in the world. It is aesthetically pleasing and also provides comprehensible regulatory information." More profound sadness.
* "As the euro zone evolves into a truly single market, country divisions will become less important." Scoop!
* "Bookmakers were not put on this earth to be loved: they are too smart for the rest of us." MO also breaks the news that some bookmakers have adopted the slogan: "There's a mug born every minute."
* More gambling advice: "Predicting the outcome of a horse race and backing such hunches with more money than you can afford to lose is a temptation for the foolhardy."
So don't do it.
What's happening this week
Eurotunnel reports. It's RT's favourite company as it is so lusciously, flagrantly, almost erotically indifferent to debt. Last year it managed to dump a pounds 5.8bn IOU on 178 banks under its majestically profligate executive chairman Patrick Ponsolle. Now he plans to triple Europe's biggest debt mountain by building a second and even more deliciously unprofitable tunnel next to the first one. Later, EU finance ministers meet to discuss the Euro-jobless. So, let M Ponsolle set them to work connecting the Chunnel to the (also gorgeously uneconomic) Jubilee Line extension.
Leading cable TV operator Telewest to report. Gloom all round as Brits steadfastly refuse to hook up to cable TV. Only 20 per cent have signed (versus 95 per cent in Belgium). Why Telewest and the others should have spent pounds 10bn to create a TV system that delivers programmes of less interest than the back of the average bus ticket is one of the great mysteries of economics today. Coca-Cola UK reports. There are expansion and diversification plans that involve selling Coca-Cola-branded track suits to Romania, for some reason.
Save Our Sizzlers! Leading sausage maker Devro reports on a plan to sack 3,000 workers and import sausage skins from the Czech republic instead. Hepworth, makers of very exciting plastic pipes, are to report. WTO conference on international trade and world development will lead to more globalisation blither. Zzzzzzz.
Geest to report. Now it can charge a fortune by cooling water, adding GM protein, and calling it Umbrian Nine Bean Salad, the ex-Dutch firm has diversified from bananas into "chilled foods". Just as well, with the Euro-US Banana War.
Forecast indicates the start of spring-style weather. City to close by 2.15pm and form an orderly traffic jam on the M4.
- 1 Woman and two children killed by mob in riots over 'blasphemous' Facebook post in Pakistan
- 2 The secret report that helps Israelis to hide facts
- 3 Danish TV reporter is all business up top, all party down below
- 4 Ross Burden dead: MasterChef and Ready Steady Cook star, dies aged 45
- 5 Businessman charged £75 for three small bottles of water in London hotel
Danish TV reporter is all business up top, all party down below
Israel-Gaza conflict: President Obama presses Netanyahu to call ‘immediate and unconditional’ Gaza ceasefire
Ross Burden dead: MasterChef and Ready Steady Cook star, dies aged 45
Zayn Malik on Israel-Gaza: One Direction singer bombarded with Twitter death threats after posting #FreePalestine
MH17 crash: Black boxes show plane suffered 'massive explosive decompression' following shrapnel hit
The secret report that helps Israelis to hide facts
A day in the life of Vladimir Putin: The dictator in his labyrinth
Were 'Poor Doors' added to mixed developments so wealthy residents don't have to go in alongside social housing tenants?
A new Russian revolution: The cracks are starting to appear in Putin’s Kremlin power bloc
Arizona execution lasts two hours as killer Joseph Wood left 'snorting and gasping' for air
Opponents of Israel's military operation in Gaza are the real enemies of Middle Eastern peace
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