Business UK
Mini-budget: Economist says this period of inflation will ‘erode some of the UK’s debt away
Economist Andrew Lilico says the UK’s period of inflation will ‘erode some of the debt away’ after Kwasi Kwarteng’s mini budget announcement.
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Business UK
Andy Burnham’s public spending plans will BANKRUPT Britain – the public will HATE his only solution
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Patrick Christys delivers a damning monologue claiming Andy Burnham’s borrowing and spending plans will bankrupt Britain.
In his PMQs debut, Prime Minister Andy Burnham defended his economic strategy against a backdrop of 18-year high national borrowing costs.
Facing sharp questioning from Tory leader Kemi Badenoch regarding debt management and budget cuts, Burnham attributed current market instability to the structural vulnerabilities inherited from the previous administration.
Stepping into the role following Sir Keir Starmer’s exit in July, Burnham told Parliament his leadership would balance rigorous fiscal rules with targeted relief for the public’s rising cost of living.
#andyburnham #tax #economy #parliament
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‘If we lose Britain, we lose Europe.’
Director of the Margaret Thatcher Centre for Freedom, Nile Gardiner, hits out as mass migration into the UK, and says the ‘United Kingdom is at the heart of the defence of Western civilisation’.
#gbnews #uknews #immigration
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Business UK
Middlesbrough LATEST: Patrick Christys sends POWERFUL message to residents and Andy Burnham on crime
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‘Get a grip of this now otherwise any remaining shred of hope that there is still law and order in Britain will disappear forever.’
Watch as Patrick Christys sends a powerful message to the residents of Middlesbrough and Andy Burnham amid fears of gang warfare.
#GBNews #UKNews #Middlesbrough #BreakingNews #England #English #Town #LatestNews
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Business UK
Notting Hill Carnival: Police ARREST 169 people after knife assaults and sex offences on FIRST DAY
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The Metropolitan Police has arrested at least 169 on the first day of Notting Hill Carnival.
As of 7.45pm on Sunday, the arrests had been made for offences including possession of drugs, possession of weapons, assaults and sexual offences, Scotland Yard said.
Officers responded to two knife assaults, a slashing to the leg and one to the hand.
Neither of the incidents resulted in life-changing or threatening injuries.
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Business UK
‘We need to BRACE OURSELVES!’ | Tobias Ellwood WARNS of Russian attack on Britain ‘very soon’
‘The world is getting more dangerous, not less.’ Former Chair of the Defence Select Committee Tobias Ellwood warns that Britain must ‘brace ourselves’ as he discusses the growing threat posed by Russia and the possibility of a future attack on Britain. Ellwood argues that the UK has been ‘too risk averse’ in its approach to defence and says the changing global security landscape demands greater preparedness.
Ellwood also discusses Andy Burnham’s first visit to Ukraine as Prime Minister and the ongoing war between Russia and Ukraine. With tensions continuing to shape European security, Ellwood assesses the challenges facing Britain and its allies and questions whether the UK is doing enough to prepare for a more dangerous world.
Democrat strategist Laurie Watkins also weighs in on the conflict, arguing that ‘the President has not been focused on Ukraine since he started his second term’.
#ukraine #russia #britain
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@phily8716
December 31, 2023 at 11:09 pm
This plan relies on the rich putting the money they're saving back in the economy which we know they won't.
Truss said she didn't want to help people with money they have to pay back later. So what did she do? Borrowed a load of money to help the rich that people will have to pay back later. Nice one.
Either they're doing this to the country on purpose or they're really this incompetent. Either way they need to go before this country is completely ruined.
@stephenconway2468
December 31, 2023 at 11:09 pm
What happens is the yields will have to increase in order to have people buy Sterling. If we get hit with a credit rating reset, then we have made it more expensive to fund our debt. I would like to know when the next tranche of loans are due.
@d.jparer5184
December 31, 2023 at 11:09 pm
ONSHORE WIND??? We are doomed…
@neilhedley6080
December 31, 2023 at 11:09 pm
Brilliant budget I’m 10 K a year better off.
The Tories have come good
@peterdefreitas5936
December 31, 2023 at 11:09 pm
£5000.000 pound a day on Migrants. This Money could be used on us people here but not one word on this, l believe this government wants them all here. I will never give my vote to the Tory’s again.👊😡🇬🇧🇬🇧
@insuretec
December 31, 2023 at 11:09 pm
The rise in base rates is killing growth and plunging the treasury and homeowners into further debt. This so called economist should get out more.
@martingregory9881
December 31, 2023 at 11:09 pm
Yes and inflation always erodes ordinary peoples savings . Funny the 2008 so called credit crunch did not bother me so much but what is happening now is very concerning . We had two years of pandemic where bad economic and social decisions were made , we have had supply chain problems , we had the high price of fuel and the conflict in Ukraine which was basically the last straw but as we know several UK MPs have said it is a price worth paying until the end , I am glad they think so while people slowly get poorer and poorer . . I reckon the gov motto is borrow more more more .
@onmytravells9429
December 31, 2023 at 11:09 pm
Is this man living in student accommodation?
@davidburrows4801
December 31, 2023 at 11:09 pm
Billions of pounds looking after illegal immigrants ,billions sent to ukraine, etc , now foreigners traveling here get VAT spending in our cities.whos being had?
@gxhall
December 31, 2023 at 11:09 pm
Inflation will erode the savings and assets of the ordinary population
It will worsen our living conditions while the rich get richer
@stephfoxwell4620
December 31, 2023 at 11:09 pm
It erodes nothing. Just makes it appear less in relation to GDP.
We will still owe £2.6 trillion.
@andrewoliver8930
December 31, 2023 at 11:09 pm
It'll make poor people get more debt as fuel prices will rise due to a weak pound.
@idachau1080
December 31, 2023 at 11:09 pm
What happened to the pensioners pay rise??? Nothing was said about them???