Off Topic JULY 4th 2024 6 months JAN 2025 ..chaos+ more fibs +roughshod attitudes+backtracking +++ C R A S H++

Reprintt is the least likely Labour voter on here

 

its tongue in cheek! ...........

 

Britain’s long-term borrowing costs are nearing their highest level since 1998 amid fears that Rachel Reeves is failing to balance the public finances.
The yield on 30-year UK gilts – a benchmark for the cost of servicing the national debt – jumped as much as nine basis points to 5.63pc on Tuesday, close to a 27-year high.

This reflected the biggest daily increase of any major global economy, as economists warned that Britain was paying a “moron premium” on its debt – a phenomenon whereby investors charge countries more to borrow because of previous policy missteps.
Rising borrowing costs will increase pressure on the Chancellor as she prepares for her autumn Budget, with some predicting she will have to raise taxes significantly to plug a hole of up to £50bn in the nation’s finances.

just hours after Torsten Bell, the former head of a Left-leaning think tank, was appointed to lead Ms Reeves’s Budget preparations
prior to becoming a Labour MP, Mr Bell proposed scrapping the triple lock and taxing pensions more.

Mel Stride, the shadow chancellor, said: “Labour’s latest appointment confirms their intent – higher taxes, more borrowing, and punishing success.”

Britain’s debt costs have been the highest among G7 economies since the Chancellor’s spring statement in March.
At the time, she was forced to restore £9.9bn of fiscal headroom to meet her borrowing targets.
She faces an even bigger task to do the same thing in autumn.

Alex Kerr, at Capital Economics, predicted that Ms Reeves will have to raise between £17bn and £27bn, “most of which will probably be funded by tax rises”.

 

July 4th 2024 ....DISASTER DAY ... CHANNEL crossings were were in decline and none arrived on polling day! They were waiting to see if the Tory .gov got back in so they wouldnt chance wasting their money ......... 25th August 2025 52,743 taken advantage in the 13 month's of non stop freebie grabbing and hopefully free 4 or 5* accomodation. [ one migrant interviewed yesterday had been in a top rated hotel for over 12-14 month's ]

Take the post above £17,000,000,000 tax rise ................. guess what! ......... no covid and we would still have a Tory .gov .................. guess what if 53,000 illegals hadnt crossed the channel we would be facing £ 17,000,000,000 tax rise, which will be on going because we have to borrow £??? bns to pay for Liebours shortcomings.

A COUNTRY WIDE POLL OVER THE LAST FEW DAYS HAD THE question ..........
"name 1 good thing 2 TIER GRANNY Harmer has achieved in first 12 month's 99.99999999% blank forms!