Business UK
Pound tumbles after Kwarteng’s £45bn tax cut package | Headliners
‘Borrowing and going for it was not the Thatcher way.’
The Headliners panel react to the Financial Times story: Pound tumbles after Kwarteng’s £45bn tax cut package.
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Donald Trump hails “extremely positive and productive conversations” with China as the President speaks at a state banquet with the Chinese President Xi Jinping in Beijing.
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Watch as Will Kensington expresses concern about the state of the UK, arguing that Downing Street is no longer a place of power but has instead become Britain’s most expensive Airbnb.
This comes as Andy Burnham is set to become the UK’s seventh Prime Minister in a decade, with seemingly no one challenging the “King of the North” for the country’s top job.
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Business UK
Cabinet Office DEMANDS LGBT and ethnic figures on bank notes over DIVERSITY – ‘RIDICULOUS!’
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‘We have real pressing financial issues as a country. I find focus on stuff like this quite ridiculous!’
Nana Akua hits out at the Cabinet Office’s suggestion that banknotes should featurre prominent ethnic or LGBT figures from British history.
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France holds annual Bastille Day parade with different military regiments with foreign troops included. President Emmanuel Macron has invited leaders from The Coalition of The Willing to watch parade.
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@oxboll19
December 25, 2023 at 2:44 pm
These tax cuts mean nothing if the government doesn't also cut its spending. There is an astronomical amount of waste in government spending but nobody has the spine to deal with it. If I have a dip in my monthly income then I have to look closer at what I'm spending in a month and cut out some unnecessary expenses, we should expect the government to be doing the same thing.
The first thing I would be doing is taking aim at the civil service, the home office being the first target. They don't obey the instructions coming from the elected government, which is a big part of their bloody job, and they're horribly inefficient. Once the home office has been gutted we could start taking a serious look at all the bogus asylum seekers already here and putting up strong border controls to prevent any others coming across illegally.
@Summer-1976
December 25, 2023 at 2:44 pm
Did the pound go down or did the dollar go up all assets are sinking against the greenback ?
@davidlawrence942
December 25, 2023 at 2:44 pm
The Tories are good at doing one thing destroying the BRITISH economy and people.
@potnoogle5780
December 25, 2023 at 2:44 pm
If you thought boris was bad, truss is going to bankrupt this country, after all, she is following klaus schwab's WEF.
@andrewoliver8930
December 25, 2023 at 2:44 pm
And because of that, the fuel prices will increase and thus wiping out any tax benefits for the lower tax bracket. The higher tax rate folks gain thousands so they'll be fine.
@captainbuggernut9565
December 25, 2023 at 2:44 pm
Correct. Thatcher funded all of her tax cuts. Truss is just borrowing money to give to the mainly wealthy. Your get no growth out of that.
@johnhudghton2287
December 25, 2023 at 2:44 pm
I would like to say " they don't know what they're doing" but they do, sadly.
@mc2594
December 25, 2023 at 2:44 pm
There weren't any tax cuts, several near future tax rises were cancelled and Sunak's pathetic 1p off income tax is now one year away instead of two years away. Nothing is coming to you, it's coming FROM you and going to the filthy stinking rich, helps if you're ''d'ya know what compos mentis''
@Anon-xd3cf
December 25, 2023 at 2:44 pm
What serious person makes a chicken noise in the middle of giving an expert opinion.
What a clucking joke this channel is.
I'd unsubscribe but I did that already.
@ChimpRiot
December 25, 2023 at 2:44 pm
I’m surprised how socialist this country really is. A 40% tax rate is being framed as a giveaway. People just want extra benefits and public spending. This country deserves another Labour government.
@ironmike4724
December 25, 2023 at 2:44 pm
Good I hope Britain gets into recession. Cheap white women to use
@wundurra24
December 25, 2023 at 2:44 pm
Crashing the £ was the point of Brexit for these right wing, disaster capitalist ideologues.
@barrygrimes2953
December 25, 2023 at 2:44 pm
The middle pay for everything the rich get rich poor stay poor the rich make the rules and keep us in our place well below them
@utternonsenseproductions2415
December 25, 2023 at 2:44 pm
This is all leading to the planned economic collapse
@berniefynn6623
December 25, 2023 at 2:44 pm
Will sell more over seas.
@jimwest7107
December 25, 2023 at 2:44 pm
We already have a windfall tax, when will people realise this.
@mauricetucker8754
December 25, 2023 at 2:44 pm
It's all election campaign no reality our country is a conservative party gamble
@johnfoster3286
December 25, 2023 at 2:44 pm
WHAT A LOAD OF cobblers, pound goes down against the dollar but look at the other currencies, Euro yen etc. Its the dollar that is strong, ( for the moment but time will tell) and when Bidens policies finally kick in I think gold will be the position to hold. At the present time gold is being held down by a USA bank that is buying cheaply.
@jjhry177
December 25, 2023 at 2:44 pm
in the last 25 years the pound has went from £1.60 to £1.09 to the dollar can your so called experts not provide the reasons why ?.
as far as the wank£$s are concerned they have caused more problems and bankruptcy while being paid millions in bonuses for shitin% on the whole of the uk and you tories made us bail them out for it.
another very poor interview from a very poor haircut
@photoman3579
December 25, 2023 at 2:44 pm
This will be short term dop n the pound…..history will show you this…!!
Just as important is training the workforce properly especially in the manufacturing business…!!
@JG-fv9bv
December 25, 2023 at 2:44 pm
The country needs to massively ramp up its manufacturing. …a country that doesn't manufacture. ..has no REAL economy
@nickhoman1999
December 25, 2023 at 2:44 pm
I give this government until Christmas. And then we will be landed with a Labour government. Winter of discontent 2.
@gx2music
December 25, 2023 at 2:44 pm
One wonders what’s next. Let’s start with banning interest rates.
@overgeared
December 25, 2023 at 2:44 pm
you cannot tax your way to prosperity. give this strategy a chance and it will work…because it's the only economically sensible approach in the long run. brexit represents a huge opportunity to undercut the eurozone on taxation and regulation and this is the first serious effort to seize that…what a tragedy it took so long.