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#ukeconomics — Public Fediverse posts

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  1. UK News Live | Jacob Rees-Mogg Unloads on Starmer Amid Political Chaos | Labour Party | Farage

    Capital Economics, the distinguished city forecaster, has predicted that if Starmer is replaced, gilt yields will rise and the pound will weaken, which is likely to lead to a financial crisis. However, even in the unlikely event that Starmer manages to cling on, I believe this is likely to happen anyway. #live #keirstarmer #starmer #uknewslive #ukeconomics #farage

    fllics.com/en/video/uk-news-li

  2. @kim_harding
    Thx for eye-opening article on #UKEconomics
    "A major incentive for privatisation has gone, because the rule-book now properly values investments held by the state, not as liabilities, but as assets"

  3. I feel like this all rings true with the experiences of myself, family and friends...

    Gary Stevenson making it quite clear that we need to tax the rich.

    youtu.be/pUKaB4P5Qns?si=XcxG0H

    #UKpolitics #UKeconomics

  4. That being said, feeling remarkably smug that I fixed in January until 2028 at 3.29%

    #UKPolitics #UKEconomics

  5. Horrified at the potential impact of the BoE base rate increase, surely we need to wait longer than a month or two to see any effect? Some peoples mortgages won’t rise for months yet.

    #UKPolitics #UKEconomics

  6. CW: Content warning - UK politics

    @RuthYeoman
    HS2 is a capital project and our international investors expect us to continue to invest in our infrastructure.
    Hunt's problem is that government revenue from taxation is less than government operational spending on energy subsidies, public sector wages etc.
    I sympathise with the environmental impact of HS2 on the Chilterns, but that's less than building another M40 through the Chilterns which would be the alternative.
    #UKPolitics #UKEconomics

  7. CW: What is the UK’s fiscal black hole? The £58bn question

    Weaker economic outlook £23bn
    Mini budget tax cuts £16bn
    Higher borrowing costs £19bn
    (Source Resolution Foundation)
    No one knows what our future borrowing costs or economic outlook will be in the future.
    Cut and tax much will push UK further into recession but not doing so risks higher borrowing costs.
    Our economic future depends on the reaction of the bond markets to Hunt's plans.
    #UKEconomics #UKPolitics