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Rachel Reeves

It doesn't appear that a change of government makes much difference, it is a continuation of a failed economic model, with built-in austerity.

Why do governments still believe that inequality benefits the economy, when all the evidence since 2008 says that it does not.


😎
 
HKOwen said:
Rest easy, Dan H our board economic expert has given several assurances that Reeves is doing a fine job and the UK economy is is fine shape. Move along nothing to see here
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You dismissed the Q1 US and UK figures as just one quarter of data that you can’t read anything in to in isolation.

But one month of UK figures is fair game? We grew 0.7% in Q1. Largely because of US companies front loading imports before the tariffs. We shrank 0.3% in April. Largely because of US companies front loading imports before the tariffs.

Someone fetch my calculator to tell me if the economy has still grown this year.
 
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Willo said:
Rachel Reeves was congratulating herself for turning the economy round :

Rising unemployment, Rising inflation, growth stunted, GDP down 0.3%, Services down 0.4%, Production down 0.6% etc etc etc.
Totally deluded.
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pathetic.
The GDP is for 1 month (April) and was always going to reduce as April sees many increases come into effect that month. You need to look at the quarterly figures to get a meaningful picture.
And has GDP been increasing over the last 10 or so years, even before covid? What impact did Brexit have on GDP - it's 4% (equivalent to £100bn p.a) yet i suspect many of the people slagging her off voted for it.

Inflation - what impact do you think the tariffs might be happening? Where was inflation 2 years ago - 10%, now about 3%.

There are many factors outside of our country's control - Trump, global energy prices etc.

I presume you're happy you'll get your winter fuel payment despite no doubt not needing it.
 
NMPalace said:
pathetic.
The GDP is for 1 month (April) and was always going to reduce as April sees many increases come into effect that month. You need to look at the quarterly figures to get a meaningful picture.
And has GDP been increasing over the last 10 or so years, even before covid? What impact did Brexit have on GDP - it's 4% (equivalent to £100bn p.a) yet i suspect many of the people slagging her off voted for it.

Inflation - what impact do you think the tariffs might be happening? Where was inflation 2 years ago - 10%, now about 3%.

There are many factors outside of our country's control - Trump, global energy prices etc.

I presume you're happy you'll get your winter fuel payment despite no doubt not needing it.
Click to expand...

The double standards and naked political grandstanding from several posters on here is giving me a migraine.
 
I think we should dump monthly figures, economists don't like them either, I noticed how the first 3 monthly figures amounted to 0.2% but the quarterly was 0.7%.

The magic keyboard?

🙂
 
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