All the energy we import is priced in USD, the GBP is on a downward trajectory vs the USD.
Bond rates are now higher than when Truss " crashed the economy ".
This is all a recipe for rising inflation and a further fall in the GBP.
The GBP Euro rate is meaningless unless you are looking at something insignificant like the cost of a beer in Europe.
The tax paid by businesses and citizens in UK has reached a point where it is likely no more cash will be raised by increased tax charges.
Despite all of the the Govt is tightening it's ideological blinkers putting forward ideas the market's will treat with the disdain they deserve.
There is no money tree that imposing new taxes can shake, the only way forward is to cut spending significantly.
Alternative views welcome, preferably based on fiscal points rather than ideological ramblings
Bond rates are now higher than when Truss " crashed the economy ".
This is all a recipe for rising inflation and a further fall in the GBP.
The GBP Euro rate is meaningless unless you are looking at something insignificant like the cost of a beer in Europe.
The tax paid by businesses and citizens in UK has reached a point where it is likely no more cash will be raised by increased tax charges.
Despite all of the the Govt is tightening it's ideological blinkers putting forward ideas the market's will treat with the disdain they deserve.
There is no money tree that imposing new taxes can shake, the only way forward is to cut spending significantly.
Alternative views welcome, preferably based on fiscal points rather than ideological ramblings