You weren't pal. You just weren't. Why this charlatan gets a platform is beyond me.
784
531
9,499
1,310,731
HMRC payrolls fall ANOTHER 41k in June...8 straight monthly declines...every single month since the Budget last year...
130
774
4,743
568,993
So...the US went from negligible tariffs on China, to 10%, then 20%, then 54%, then 104%, then 145%...now we're back to 30% for 90 days...and that's supposedly a 'win'...
302
598
3,828
174,708
A Labour MP here, seemingly not knowing the difference between inflation and interest rates
No wonder weโre in such a messโฆ
215
569
3,168
87,705
Firms' estimates of increased costs due to National Insurance changes...and folk reckon this won't slam the brakes on the economy... ๐คฆโโ๏ธ
Wetherspoons +ยฃ60mln
M&S +ยฃ60mln
Tesco +ยฃ250mln
Sainsbury's +ยฃ140mln
Next +ยฃ73mln
B&Q +ยฃ31mln
Asda +ยฃ100mln
& many, many more besides...
195
649
2,246
129,401
This is an utterly farcical state of affairs - the ONS are now unable to produce accurate jobs, trade, inflation or retail sales figures!
It's nothing short of a disgrace. They *literally* have one job, and are failing at almost every aspect of it.
121
391
1,666
322,982
Lutnick's gonna be the fall guy...could've seen this one coming a mile off...no amount of sycophancy seems like it'll save him...
82
136
1,588
193,357
1p off a pint from tax cuts...30p on top of a pint due to NI hike...economic illiteracy in action...
23
260
1,564
40,802
You can almost hear the FT newsroom crying at having had to write this story ๐๐
91
324
1,510
63,195
Folk in the UK put ยฃ103bln into ISAs last year, ยฃ69.5bln of that (approx 2/3rds) went into cash ISAs...essentially, guaranteeing a near-zero, if not negative, real return on those funds over the next year...so much more financial education needed across the board...
218
137
1,501
209,063
In case it wasn't already clear, the UK economy is in, technically speaking, big f***ing trouble
57
102
1,407
67,298
The UK doom loop continues...breach fiscal rules...hike taxes...breach fiscal rules...try cut spending...MPs don't vote for spending cuts...breach fiscal rules again...hike taxes again...etc...
46
182
1,320
51,268
Oh dear, oh dear, oh dear...highest June figure on record (ex-Covid)
*UK BUDGET DEFICIT ยฃ20.7 BILLION IN JUNE
90
232
1,290
114,818
Goldman ripped up their 2023 f'casts last wk...JPM turned bullish EUR over the weekend...MS now doing the same...that year-ahead consensus lasted a grand total of 16 days...
36
125
1,138
412,108
The Bank of England appear to have forgotten that their job is to get inflation back to 2%, and not to cut Bank Rate in an effort to prop up growth and make up for the Government's fiscal ineptitude
81
178
1,146
43,745
This is ridiculous.
You don't fix the London market by forcing folk to hold UK stocks - you fix it by improving the domestic economy, and creating a growth-friendly environment for companies to operate in; then, capital will naturally flow.
Quotas fix nothing.
105
149
1,033
90,681
How ridiculous! Rachel Reeves sends her number 2 to the Commons to answer an urgent question on the present Gilt market turmoil - shows the lack of interest, care, and ability that the Chancellor has to deal with the present perilous fiscal situation
100
203
1,014
33,806
wtf is that charlatan โbest trader the world has ever seenโ bloke doing all over the internet again?! ๐คฆโโ๏ธ
97
16
954
63,307
Stop. Raising. Taxes.
Start. Cutting. Spending.
This. Isn't. Difficult.
๐คฆโโ๏ธ๐คฆโโ๏ธ๐คฆโโ๏ธ
exc @theipaper
Treasury considering increasing tax on bank profits to help fill Budget black hole
Multiple sources say officials appear open to the idea of a higher bank surcharge
Story: inews.co.uk/news/politics/reโฆ
51
101
935
44,876
HMRC payrolls down 8k in July - thatโs now 6 straight monthly declines, and the UK economy having shed jobs in 8 of the 9 months since last yearโs Budget
35
216
883
46,633
Who on earth told Reeves this speech was a good idea!? All she's doing is blaming everyone else but her for where the public finances stand, and give the impression she has absolutely no clue how to 'right the ship'
56
112
781
28,512
Exactly - what makes it even more odd is that nobody seems keen to challenge him on it
34
3
725
86,788
UK economy in a nutshell
"Annual average regular earnings growth was 6.6% for the public sector and 4.2% for the private sector" (ONS)
39
104
680
28,964
There is no economic growth...inflation is stubbornly high...borrowing is ballooning...a trade war looms...public services don't work...infrastructure is crumbling...the NHS is in a dismal state...education is diabolical...and this tripe is the focus for MPs...give me strength!!
๐ด Paintings in Parliament should be more diverse, say Labour MPs telegraph.co.uk/politics/202โฆ
22
151
642
31,165
PiQ
No sanctions (yet). No action on energy. Not kicking Russia out of SWIFT.
But, hey, they've lit up a building...
EU, what a joke.
In these dark hours, tonight the colours of the Ukrainian flag shine bright on the @EU_Commission headquarters.
A symbol of our solidarity. Friendship. And steadfast support.
More than ever, the EU stands with Ukraine and its people.
27
60
586
The fact that the bloke running Budget preparation has spent all day arguing on Twitter about whether he did, or didn't, spend ยฃ900 on a desk speaks volumes about the state we find ourselves in as a country
22
69
588
29,531
Reeves says she "put our public finances back on a firm footing" in last year's Budget
SO WHY ARE YOU BACK FOR MORE TAX HIKES THEN?!?!?!
27
76
582
16,530
Corruption? What corruption!
Bribery? What bribery!
*FIFA AWARDS 2034 WORLD CUP TO SAUDI ARABIA
85
68
535
64,142
JPM sounding the alarm on Reeves' shift to gauging fiscal headroom using public sector net financial liabilities...
"could in theory allow almost limitless spending if done under the guise of the National Wealth Fund"
18
182
499
89,087
Because you sold before everyone else did?
GOLDMAN SACHS CEO DAVID SOLOMON ON ARCHEGOS SITUATION SAYS "OUR RISK CONTROLS WORKED WELL" - CNBC INTERVIEW
45
38
466
"In the long term, Moderna aims to develop an annual supershot that could suppress numerous respiratory ailments, including Covid, flu, and others. 'Our goal is to give you several mRNAs in a single shot at your local CVS or GP every August or September'"
bloomberg.com/news/features/โฆ
75
185
420
4.4% on the 10y Gilt...but it's all ok because she's an ex-BoE economist... ๐คทโโ๏ธ
22
79
477
22,282
The bloke doesnโt understand ANYTHING. These are the policies he suggested in his last jobโฆ
92
121
466
125,172
Trump says he's made 200 trade deals...there aren't 200 countries in the world... ๐
97
41
436
42,237
Ludicrous that after half a decade people are still trying to claim that negative rates are a good thing.
Watch again: President @Lagarde responds to criticism about negative interest rates and describes how they support companies and people in the eurozone
52
92
424
HMRC payrolls figure down 8k in August - 7th straight decline, with the UK economy having now seen payrolled employment decline in every month bar 1 since the Budget
30
106
442
58,965
UK tax system has no incentive to save/invest at this point...income tax brackets frozen = more in higher bands thus lower tax free savings allowance...dividend allowance cut in half...CGT allowance too, and set to be halved again nxt yr...absolutely nonsensical policymaking...
44
82
409
102,324
5% rates is normal, ZIRP is not...the fact people still haven't figured that out is ludicrous
58
43
387
77,680
Who wants to tell him that โway better than expectedโ growth figures lessen the need for rate cutsโฆ
30
30
403
28,574
wtf have they been smoking!?
TESLA INC, IN AN SEC FILING, SAYS EFFECTIVE AS OF MARCH 15, "TITLES OF ELON MUSK AND ZACH KIRKHORN HAVE CHANGED TO TECHNOKING OF TESLA AND MASTER OF COIN"
26
44
337
Faked AI images moving markets...welcome to the future... ๐คฆโโ๏ธ๐คฆโโ๏ธ
23
71
312
101,277
ONS - "Borrowing in the financial year to September 2025 was ยฃ99.8 billion...the second-highest April to September borrowing since monthly records began in 1993, after that of 2020."
38
76
343
31,055
What an aspirational messageโฆnot! ๐คฆโโ๏ธ
Work hard, earn a decent living, try to plan for yours & your familyโs futureโฆonly to have the Govt give it all to some layabout oik, or try to prop up the ailing state finances due to this lotโs dire economic mismanagement
Pensions:
- there to ensure more people have a secure retirement
- not there to support tax planning
20
53
332
17,530
Dear Apple
Forget about making phones super-thin; instead, just give us a battery that lasts all day.
Sincerely,
Everyone
22
12
309
17,415
Rachel Reeves says we're starting to see the results of her policy choices...yup, 276k jobs lost since she announced the Budget!!!! ๐คฆโโ๏ธ
6
43
312
6,244
Rachel Reeves crying in the Commons
๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐
*pause for breath*
๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐
39
24
294
16,515
This sums it up...tough to disclose key details of something that is almost entirely made up!! We're being taken for a ride...
17
70
281
39,898
Ugh here we f***ing go
The tariffs are what's freezing the labour market...not interest rates, not the cost of credit...the uncertainty caused by ever-changing, and nonsensical, trade policies...
45
49
288
21,334
HSBC on UK fiscal - "a total of GBP30bn of tax rises would be needed to restore the previous GBP10bn headroom, or GBP40bn to double it [to the post-2010 avg]. Thatโs a huge amount to raise, when you have promised not to touch 75% of the tax base"
23
75
285
43,499
Always nice when your laptop does an impression of a jumbo jet take-off while using Excel...
14
22
272
Just three years ago we had a chancellor who worked for Goldman and then a couple of hedge fundsโฆinfinitely more qualified than the BoEโs ex-tea lady and a few years in Halifax customer servicesโฆ
โShe is probably the best qualified Chancellor that weโve had for a considerable periodโฆ she is a trained economistโ
Labourโs Jacqui Smith defends Rachel Reeves, who is facing question over the accuracy of her online CV, saying her โvalueโ will be proven on the job
#bbcqt
22
30
284
14,105
Rachel! Rachel, wake up!!
*UK 30-YEAR YIELD RISES 16BPS TO 5.51%, HIGHEST SINCE 1998
11
56
282
26,372
Deary me...safe to say we've seen this film before, and it doesn't have a happy ending...
First-time buyers will be supported to get on the housing ladder, with the Bank of England allowing more lending at over 4.5x a buyerโs income.
This reform could help 36,000 more people buy a home over its first year.
Find out more about the reforms below.
51
37
282
27,851
Get the lettuce on standby...
*UK 10-YEAR YIELD CLIMBS 8BPS TO ONE-YEAR HIGH AT 4.53%
13
60
264
20,416
Getting to the point where there is next-to-no incentive to save, or invest, for one's future, and the future of one's family
'Do well, get shafted' - the UK's new motto it seems
27
51
261
18,861
549,943 vaccine doses given in England yesterday, just shy of 1% of the entire population in a single day, weโre finally crushing this damn virus...a huge achievement by all involved!!
8
28
257
This is complete & utter idiocy
Bloomberg - โThe UK plans to mandate pension funds to invest in private markets and the domestic economy.โ
54
51
256
17,670
Folk will ridicule but, yes, Iran launching missiles at US bases is bullish risk & bearish crude - if this is the extent of retaliation, it's simply a face-saving exercise which allows mkts to price out risk of escalation, and forget about the Strait of Hormuz scaremongering
21
30
243
59,351
