Revenator

a cartoon dog is sitting at a table in front of a fire with the words it 's fine everything is fine ALT: a cartoon dog is sitting at a table in front of a fire with the words it 's fine everything is fine

Insolvencies surge ahead of Budget and Investors dump UK stocks at fastest pace since Truss mini-Budget

also, Number of Britons leaving the UK significantly higher than previously thought, new data shows

Politics latest: We're not trying to make a hostile environment with new asylum system, home secretary says Shabana Mahmood has announced huge changes to the UK's asylum policy, which would allow refugees to stay in the UK only temporarily. She's been speaking on Sky News - telling Sunday Morning with Trevo...

We should be getting money from the French government, who have done nothing to stop this. And another question: these people returning under the one in, one out scheme, how do they have the money to return?

She skipped that question....

news.sky.com/story/politi...

The couple of people that commented said i was, but looks like i was right

I don't think they will apologies

When all your hopes for growth depends one car company that's cars are a bag rubbish that continually breakdown.

just shows you how bad this country has become and i am blaming all governments that failed us.

Politics latest: Starmer denies authorising attack on Streeting - amid claims of leadership plot The government has been engulfed in crisis after Number 10 made public fears of a leadership challenge. Wes Streeting, the health secretary, strongly denied accusations he was plotting against the pri...

More scandal with this government, didn't he promise this would change?

Must of made another U-turn on that

I will be surprised if he last the year at this rate.

Starmer apologises for signing off on football regulator appointment - calling it 'an unfortunate error' news.sky.com/story/politi...

Starmer vows to fight on as Streeting’s allies deny leadership challenge Party’s MPs grow frustrated with prime minister’s leadership as crucial Budget nears

A government in crisis, it appears Lucy is applying pressure to Starmer and his allies, leaving them in a difficult position.

The concerning aspect is that replacing Starmer with figures further to the left within the Labour party could be disastrous for the country.

on.ft.com/4hV7ReV.

4M people are now have no requirement to work now, this is up 50% since Starmer came to office and shows the crisis we have in the UK.

While some of these will 100% genuine claims some won't be.

Makes sense now why the our debt is high and inflation is going to persistence for longer.

Also, this is unsustainable means high taxes, borrowing and will not lead to growth.

Secondly, introducing reforms is one thing, but a heavy tax burden on workers and businesses is unlikely to stimulate economic growth. The left simply doesn't grasp basic economic principles.

What plant is the guy on? Is this intended as a message for voters or is it a personal statement for himself and the Labour party? The G7 is not a matter of concern for the average person; they are more interested in domestic issues.

Unemployment rate jumps to highest level since late 2020 ahead of budget The UK's jobless rate has risen to a level not seen since late 2020, according to official figures released ahead of the budget.

Only thing #Labour has done successfully is growth in unemployment.....

This budget is going to add to these numbers

news.sky.com/story/unempl...

Would seem pointless trading then...

It will probably bring in less as everyone will just sell or move aboard.

www.telegraph.co.uk/politics/202...

Several articles have appeared focusing on the potential for #Labour's internal divisions to lead to higher taxes and a weakening of public services. Here are a few examples:

www.telegraph.co.uk/news/2025/11...

www.telegraph.co.uk/politics/202...

Reeves plans £2bn Budget raid on UK retirement savings Move would reduce tax benefits from salary sacrifice pension schemes as chancellor aims to fill fiscal hole

Reeves' plan to raid UK retirement savings is a misguided and potentially harmful step. This move could discourage people from saving for their old age, increasing reliance on the already costly welfare system. It simply doesn't make sense.

on.ft.com/482NXev via @FT

Isn’t it interesting how, whenever there are domestic problems at home or government troubles, MPs and Presidents suddenly race to focus on world issues? It’s almost like international drama is the default distraction tactic for leadership.

Extreme Capitalism to pay someone $1tn..... Fair play to Elon, just hope he can hit them targets.

I could see UK interest rates held at 3.5% and not moving from that position for a long time.

Because of this high debt, inflation, and a no-growth economy, that’s very volatile.

Doom Loop is happening.

BoE Governor Bailey on government actions & inflation:

Acknowledges "administered prices" (gov't-determined prices, not market forces) have impacted inflation.

But notes government has overriding objectives - e.g. fixing water system - beyond just inflation concerns.

📊 BOTTOM LINE:

UK faces mixed picture. Progress on disinflation & rate relief offset by weak productivity, subdued growth, persistent inflation & deteriorating fiscal position.

Key challenge: Balancing rate cuts to support growth while ensuring inflation returns sustainably to 2% target.

(9/9)

7. Public Debt Rising: Net debt at 95.3% of GDP (end-Sept 2025), up from 94.3% year prior. Higher interest on govt debt has eliminated fiscal headroom.

8. Trade Deficits Widening: Trade deficit £9.2bn (3mo to Aug), current-account deficit 3.8% of GDP (Q2).

(8/9)

5. Elevated Wage Growth: Avg earnings ex-bonuses up 4.7% (3mo to Aug). Presents risk of wage-price spiral, constrains BoE's ability to cut rates faster.

6. Public Finances Deteriorating: Gov't borrowing £100bn (first 6mo 2025/26), +£12bn vs prior year.

(7/9)

3. Inflation Above Target: CPI at 3.8% (Sept 2025) - well above BoE's 2% target and Eurozone's ~2.2%. Despite rate cuts, inflation remains persistent.

4. Rising Unemployment: Up to ~1.74m (Jun-Aug), +297k year-on-year. Unemployment rate ~4.8%.

(6/9)

❌ THE BAD:

1. Weak Productivity: Fell 0.6% in Q2 2025 vs previous quarter, down 0.8% year-on-year. Persistent weakness threatens long-term growth and living standards.

2. Subdued Growth: GDP up only 0.3% (Jun-Aug), 1.4% annual - well below historical norms.

(5/9)

5. Monetary Policy Framework: BoE's independent MPC has proven resilient through unprecedented uncertainty, maintaining clear 2% inflation target that anchors expectations.

6. Enhanced Transparency: New reporting & scenario analysis provide better insight.

(4/9)

3. Employment Resilient: ~34.22m people in work (Jun-Aug 2025), up ~473k year-on-year. Employment rate ~75.1%.

4. Household Debt Improving: Debt at 117.1% of disposable income (Q2 2025) - lowest since 2007, showing better financial stability.

(3/9)

✅ THE GOOD:

1. Disinflation Progress: UK achieved substantial disinflation over past 2.5 years following external shocks. Underlying pressures continue to ease.

2. Rate Cuts Provide Relief: BoE cut rates 1.25pp since Aug 2024, from peak to 4%, helping borrowers.

(2/9)

🧵 Key findings from House of Commons Library Briefing SN02802 "Interest Rates & Monetary Policy: Economic Indicators" (Sept 18, 2025)

A breakdown of the good and bad news for the UK economy...

(1/9)

BoE MPC warns on rising unemployment: employment growth near zero, vacancies falling. Rapid unemployment rise could trigger deeper rate cuts.

But wage growth concerns persist - may plateau above 2% inflation target.

BoE survey: flat economy, squeezed retailers, low confidence, limited investment.

No company or boss is going to take a pay cut, and the line must go up.

So, it will hit growth.

Sainsbury’s boss warns tax rises risk higher food prices – this echoes other bosses in the sector.

While it might make sense to hit companies with higher taxes, the truth is that this has the opposite effect and would raise prices for customers, as costs are passed on.