Spending cuts are coming, Hunt tells cabinet

[patman post]

But it's rocking the boat and bucking the trend that's got the UK in its current mess — not only through the latest mini-budget fiasco, but for most of the last decade. 

The UK needs old-school economists, industrialists and politicians working together to get it out of its present torpor. 

Not chancers. 

They've done their bit...

[T00ts]

The Bank of England dropped interest rates to 0.25% in 2016, and they remained there for the next six years. What did that achieve — even when your beloved tousle-haired blonde clown took office?

The problem for little old billy-no-mates UK, is that the country cannot buck the market. Now it's no longer a stepping stone into the EU (and struggling with an even weaker economy), investing in a potential basket case is not attractive...

... especially when no-one is prepared to rock the boat on the off chance that the Ref can somehow be reversed eh?

[patman post]

The Bank of England dropped interest rates to 0.25% in 2016, and they remained there for the next six years. What did that achieve — even when your beloved tousle-haired blonde clown took office?

The problem for little old billy-no-mates UK, is that the country cannot buck the market. Now it's no longer a stepping stone into the EU (and struggling with an even weaker economy), investing in a potential basket case is not attractive...

[T00ts]

https://www.bbc.co.uk/news/live/uk-politics-63278993

I don't think that was what Liz promised during her election campaign, but I dare say Berkeley knows best

The panic mongers have once again consigned us to the pit of growth in the doldrums. We have taken this line for how many years? Unless someone has the guts to drop interest rates and make us look as though the country is prepared to welcome outside business and look competitive we will have restricted earnings and services for ever more.
Hunt is another unimaginative indoctrinated slave.

[Borchester]

https://www.bbc.co.uk/news/live/uk-politics-63278993

I don't think that was what Liz promised during her election campaign, but I dare say Berkeley knows best