Fastest Growth in the G7

[Notch7]

There is no silver bullet as Theeves is finding out,

I don’t understand

You want higher taxes but you call her a thief when she does just that.

 

[Mottie]

UK economy had zero growth between July and September

The downward revision will be a blow to Labour which has made boosting the economy its top priority.

www.bbc.co.uk

What happened in July? Let me think……

People and businesses everywhere have no confidence in this government and THAT is why we are where we are at with regards to growth.

 

[carmanmemoranda]

How long till a vote of no confidence in Starmer?

4 years I'd guess
They call it an election

 

[carmanmemoranda]

Hum.

Yet you don’t agree with paying higher taxes and never say what YOU would do

There is no silver bullet as Theeves is finding out, especially after talking the economy down since the 5th July.

It wasn't down before that?

 

[blup]

UK economy showed no growth in last quarter, revised figures show

Revised figures show the UK economy flatlined in the third quarter of the year. This came after legal services firms and bars and restaurants recorded a weaker than expected performance.

news.sky.com

Recession is coming...

Its kinda what happens when you tax jobs.

Plenty of economic policy decisions still to be taken by the government, like energy price policy, so business caution is natural. At least the government is unlikely to do a truss and blame the deep state.

 

[carmanmemoranda]

UK economy had zero growth between July and September

The downward revision will be a blow to Labour which has made boosting the economy its top priority.

www.bbc.co.uk

What happened in July? Let me think……

People and businesses everywhere have no confidence in this government and THAT is why we are where we are at with regards to growth.

Don't remember before July? Ok

 

[Notch7]

People and businesses everywhere have no confidence in this government and THAT is why we are where we are at with regards to growth

so why was there negative growth in 2023?

2023:

• Quarter 3: The UK economy contracted by an estimated 0.1%
• Quarter 4: The UK economy contracted by an estimated 0.3%

 

[Sunshine32]

Reeves liquidates what was left of the UK economy so it can be sold off cheap to their globalist mates.

 

[Notch7]

Reeves liquidates what was left of the UK economy so it can be sold off cheap to their globalist mates.

ah yes the predictable "globalist" conspiracy theories.

what people dont realise is that the right wing populists they support like Farage are the real globalists...........

why were disaster capitalists, hedge fund managers etc to so keen on brexit:


brexit made UK businesses easy pickings for foreign investors

"Although low valuations of UK companies attracted private investors from all over the globe, US private equity funds played the most considerable role in the UK take-private boom over the past years. Slower UK economic growth combined with uncertainty in the UK due to the Brexit referendum led to the sterling falling sharply against the dollar and the Euro, making deals more attractive for overseas buyers."

 

[Sunshine32]

BlackRock is who i'm really referring to.

 

[Notch7]

BlackRock is who i'm really referring to.

Blackrock have been involved in private finance in the UK for decades

Reform and Tories are far more deeply involved with the private sector than Labour.

 

[Sunshine32]

The US is in $36 trillion dollars of debt... it is technically bankrupt.

In my honest opinion, we aren't in a left or right or Labour vs Tory era at the moment. I don't think the usual rules apply.

Edit: it may be as much as $39 trillion or possibly more

 

[Sunshine32]

Personally, I think we are in a nationalism vs globalism era. On that basis, I've chosen to pic the nationalists over the globalists.

 

[carmanmemoranda]

Personally, I think we are in a nationalism vs globalism era. On that basis, I've chosen to pic the nationalists over the globalists.

So what was your Brexit choice ?

 

[motorbiking]

Yes it’s what happens when you take over an economy broken by 14 years of Tory destruction.

They spent the whole time squeezing all the money out of the country to give to rich people…..and gosh the countries f****d


18 million people on NHS waiting lists when Labour took over
Prisons in state of collapse when Labour too, over
Rolling public sector strikes when Labour took over
4.8m people suffering food poverty when Labour took over
6.0m people suffering fuel poverty when Labour took over
Wages hardly gone up in 14 years
Country wrecked by self imposed economic sanctions caused by Tory Brexit.
Tories made a desperate NI cut that was unfunded
Tories privatised water industry that’s now spewing sewage everywhere

But Motorbiking says: “oh the last 14 years is all Labours fault”

But these are all imaginary. The fact we are heading for recession is real.