The Labour Government

You can manufacture an issue that becomes a monster and gets away from you (last Govt) or you can do things


 
UK Growth down in last three months, FTSE lowest for 6mths, pound down. And very large tax rises and likely inflation increase arriving in the Spring. The honeymoon was pretty short lived, lets just say Reeves and Starmer have their work cut out.
 
UK Growth down in last three months, FTSE lowest for 6mths, pound down. And very large tax rises and likely inflation increase arriving in the Spring. The honeymoon was pretty short lived, lets just say Reeves and Starmer have their work cut out.

short term pain, long term gain.
 
We all hope, but as far as I can see, I don't think this was part of the plan.
You thought they were going to snap their fingers and hey presto 14 years of shit disappears? There are clearly some structural faults in the economy that need to be rebuilt. I'd rather it is done properly than quickly. The GDP figures are very disappointing but not wholly surprising bearing in mind it is the "summer" quarter, which is not usually a period that produces significant growth. It's good to see more acknowledgement that Brexit is having a pretty major negative impact on the economy though. It'll be interesting to see how this develops as even the most ardent leavers are no longer claiming it to be a success.
 

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