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
Zia Yusuf CONDEMNS the Tories for ‘unleashing the biggest wave of mass migration ever seen!’
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Zia Yusuf delivers a scathing critique of both the Conservative and Labour parties, accusing them of failing the British public on immigration and foreign aid. In this explosive segment, the Reform UK Home Affairs spokesperson claims the country has experienced “the biggest wave of untrammelled mass immigration ever seen,” placing the blame squarely on successive governments.
Yusuf outlines why Reform UK is launching a new inquiry into what he calls the “Boriswave,” arguing that border policies under recent leadership have left the UK exposed. He raises concerns about public safety, national priorities, and whether the current system is truly serving the interests of the British people.
#reformuk #tories #massmigration
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Business UK
WATCH: ‘DELUDED’ Ed Miliband TORCHED as ‘DANGEROUS’ over Labour North Sea drilling blocks
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In this week’s Chopper’s Political Podcast, Christopher Hope is joined by Tom Harwood and Katherine Forster to examine the growing debate around the UK state pension and the “triple lock.”
With Reform UK now joining other major parties in backing the policy, the discussion explores why the triple lock remains politically untouchable, despite rising concerns over its long-term cost. The panel breaks down how the system works, why it was introduced, and how it has helped reduce pensioner poverty, while also raising questions about fairness between generations.
They also look at the mounting financial pressures facing the UK, including the rising cost of pensions, slow economic growth, and an ageing population. Could the triple lock become unsustainable in the future? And if so, what alternatives might be considered?
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#UKPension #Pension #GovernmentPension #StatePension #Economy #Finance
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Business UK
BREAKING: Rachel Reeves HITS OUT at President Trump over the Iran war – ‘Very frustrated and angry’
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BREAKING: Chancellor Rachel Reeves has hit out at President Trump and the US administration following strikes against Iran, describing the move as “folly” and revealing she was left “very frustrated and angry.” Her comments have sparked fresh debate over the global and economic consequences of escalating tensions in the Middle East.
In this segment, Kevin Maguire, co-host of the Pierce vs Maguire podcast, reacts to Reeves’ strong remarks and unpacks what this could mean for the UK economy. From rising energy prices to market instability, the fallout of the Iran conflict could have far-reaching implications for households and businesses alike.
#trump #reeves #iran
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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???