"The 6th biggest economy in the world is run by infantile fantasists with no understanding of financial markets.... There's nothing progressive about driving the economy of a cliff"📉⛰️
@LiamHalligan @ #BattleFest 2025 "From steel to railways: can the state revitalise British industry?"👨🏭🚆
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Friendly reminder to @RachelReevesMP (and colleagues) that if income tax, national insurance, value added tax, fuel duties, alcohol duties, tobacco duties, vehicle excise duties, environmental levies, insurance premium tax, ETS auction receipts, customs duties, air passenger duty, betting and gaming duties, the climate change levy, landfill tax, the aggregates levy, soft drinks industry levy, capital taxes, capital gains tax, stamp duties, inheritance tax, company taxes, corporation tax, the energy profits levy, apprenticeship levy, electricity generator levy, bank levy, bank surcharge, digital services tax, diverted profits tax, petroleum revenue tax, council tax, business rates, dividend tax, student loans tax, sugar tax, & supermarket carrier bags tax isn't enough to balance the budget....
Then maybe the spending is the issue?
@truemagic68 I’m 47, the last time the U.K. had rip-roaring growth had to be pre-financial crisis. We’re just lacking ambition, pride, and are captured by “adults in the room” career politicians and administrators.
Wanna see what “crashing the economy” really looks like? Take a fragile post-lockdown recovery, borrow £100 billion, expand the state payroll, hike the minimum wage, give new rights to trade unions, ban gas drilling and introduce a special tax on jobs. https://t.co/jA6hOBaLeJ