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Tag: budget

First test of UK Budget points to growth hit in fourth quarter | BNN Bloomberg

22 November 2024 BrexitCarnage Leave a comment

“The survey pointed to a return to the stagnation that has dogged the economy in recent years.” https://www.bnnbloomberg.ca/business/company-news/2024/11/22/first-test-of-uk-budget-points-to-growth-hit-in-fourth-quarter/

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Posted in: Economy, UK Filed under: budget, economy, labour, stagnation, uk

Budget shows Britons paying price for Labour’s stubborn refusal to re-join EU, Rejoin EU Party says | London Loves Business

4 November 2024 BrexitCarnage Leave a comment

“Brexit is the problem, but tax rises are not the solution.” https://londonlovesbusiness.com/budget-shows-brits-are-paying-the-price-for-labours-stubborn-refusal-to-re-join-the-eu-the-rejoin-eu-party-says/

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Posted in: Economy, Politics, UK Filed under: brexit, budget, labour, uk

Westminster won’t admit it, but here’s why Brexit is behind Labour’s £40bn tax rise | The Scotsman

BrexitCarnage Leave a comment

​  The UK will be £311 billion worse off due to Brexit over the next decade, according to a report published…

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Posted in: Economy, Europe, Opinion, Politics, UK Filed under: brexit, budget, eu, tax rise, uk

The Budget and Starmer are baffling EU | The New European

BrexitCarnage Leave a comment

“Concerns about youth mobility and Northern Ireland are growing in Brussels.” https://www.theneweuropean.co.uk/the-eu-are-baffled-by-the-budget-and-starmer/

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Posted in: Opinion, Politics, UK Filed under: brexit, budget, eu, starmer, uk

Reeves told she’ll have to raise £9bn more to avoid UK public-service cuts | The Guardian

3 November 2024 BrexitCarnage Leave a comment

“Warning comes after Reeves’s record tax-raising budget sent tremors through financial markets.” https://www.theguardian.com/politics/2024/oct/31/ifs-says-extra-9bn-of-tax-rises-may-be-needed-to-avoid-uk-public-service-cuts

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Posted in: Economy, UK Filed under: brexit, budget, economy, uk

Reeves faces market wobbles and UK ministers still wanting more | BNN Bloomberg

2 November 2024 BrexitCarnage Leave a comment

“The market reaction was far from ideal.”  https://www.bnnbloomberg.ca/investing/2024/11/02/reeves-faces-market-wobbles-and-uk-ministers-still-wanting-more/

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Posted in: Economy, Politics, UK Filed under: bond-yields, budget, economy, market, Reeves, uk

Labour’s tax-hiking UK budget won’t boost growth, experts warn | Politico

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​  Institute for Fiscal Studies boss bets Chancellor Rachel Reeves will have to come back for more tax rises. Read More 

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Posted in: Economy, Europe, UK Filed under: brexit, budget, eu, uk

Budget shows Britons are paying price for Labour’s refusal to re-join EU | Rejoin EU Party

1 November 2024 BrexitCarnage Leave a comment

  Budget shows Britons are paying the price for Labour's stubborn refusal to re-join the EU, the Rejoin EU Party…

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Posted in: Economy, Politics, UK Filed under: budget, economy, rejoin-eu-party, uk

UK borrowing for September rises ahead of Budget | BBC

23 October 2024 BrexitCarnage Leave a comment

​  Official data shows borrowing – the difference between spending and tax take – reached £16.6bn last month. Read More 

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Posted in: Economy, Europe, UK Filed under: borrowing, brexit, budget, eu, uk

UK borrowing overshoot highlights budget pressure on Reeves | Reuters

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​  British public borrowing in the first six months of the tax year came in higher than official forecasts, according to…

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Posted in: Economy, Europe, Politics, UK Filed under: brexit, budget, eu, Reeves, uk

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Comment on Carnage

  • Mark on Brexit has been a resounding disaster. Starmer must find the courage to change course | The Guardian
  • Kevin Jones on New entrance fee to visit Europe set to triple, says European Commission | CNBC
  • Elizabeth Gardiner on Labour is risking UK financial crisis by refusing to re-join EU | Rejoin EU Party
  • Elizabeth Gardiner on Brexit rule could leave UK passport holders banned from Spain for three years | Liverpool Echo
  • Elizabeth Gardiner on Reeves accused of leaving devolved nations in red after NICs rise | The Guardian
  • Elizabeth Gardiner on Bregret: Why many Britons regret leaving EU | Deutsche Welle
  • Kevin Jones on Brexiters’ ‘sabotage’ claims as new proposals clear Commons | The Independent
  • Graham on Brexiters’ ‘sabotage’ claims as new proposals clear Commons | The Independent

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