The Budget plans of UK Chancellor Rachel Reeves have crumbled into dust | Forex Factory

  • The Budget plans of UK Chancellor Rachel Reeves have crumbled into dust

    From notayesmanseconomics.wordpress.com

    This week has been a disappointing one for UK economic data. The rise in the rate of unemployment to 5% was followed yesterday by the economy as measured by GDP contracting in September. That theme was reinforced last night as this news broke as I was watching the England football. Rachel Reeves has dropped plans to increase income tax rates at the Budget on 26 November, according to reports in the Financial Times. The newspaper says the chancellor and prime minister U-turned on increasing the tax, which would have broken an election manifesto promise, over fears it would anger voters and Labour MPs. ( BBC) This ... (full story)

Comment Options
clarktunes
Nov 14, 2025 12:23pm
Permalink
When the US extorts 30billion a month in tariffs from the world economy we see problems like this happening as a result.......
Reply
Trader#F516
Nov 14, 2025 12:36pm
Permalink
Quoting clarktunes
When the US extorts 30billion a month in tariffs from the world economy we see problems like this happening as a result.......
100% of the UK problems are its own fault. Lazy communist citizens who don’t want to work, open borders letting in violent criminals who are supported by the government, non stop communist policies that are killing the economy. Good riddance.
Reply
Trader#B749
Nov 14, 2025 12:49pm
Permalink
Quoting clarktunes
When the US extorts 30billion a month in tariffs from the world economy we see problems like this happening as a result.......
According to experts on FF, all tariffs were paid by the US consumers
Reply
  • Story Stats

  • Related Stories