UK Gets Worse

[@markmewordz6860]

We now need 5 million more low skilled dependents in the UK. Starmer - hold my beer

[@JimTimber]

..can anyone afford a beer in the UK now ??

[@allyc0des972]

@@JimTimber Alcohol is haram

[@fergalhennessy775]

everyone in this comment section voted for it

[@the1andonlytitch]

I not sure how anyone serious can look at the UK and say “wages are out of control”. Workers in the UK are getting hammered from every direction. It’s everything else that’s out of control

[@BrotherGiles]

“wages are out of control” only when compared to growth this is true.

[@flakieflake9616]

It can happen by low wage employees being laid off thus raising the average.

[@guitaringjarmin]

Increasing wages in a stagnant economy is a bad thing, both should be increasing together. I understand your point, but the reality can be pretty daunting considering the money has to come from somewhere

[@bobgabriels8456]

@@guitaringjarmin the money has GONE to the ultra=mega rich for the last 40 years. roughly since thatcher. the trickle-down LIE has to stop.

[@BenonBoldstreet]

@the1andonlytitch it's done poverty, and crime is coming

[@guildpilotone]

Maybe the higher wages will be spent on consumer items, but housing costs are rising and many people will just put that money towards keeping a roof over their heads.

[@c3pno]

Or leave the UK for good 😂 not worth staying old crap buildings, expensive, when the new EPC ratings come out most of the rental properties won't pass anyway so the landlords wont be able to rent out there mouldy homes, a lot of young people are leaving and millionaires are disappearing taking jobs with them so I don't know who will stay? Pensioners, illegal immigrants and those on benefits maybe 😂

[@Francois424]

This. Wages might be rising, but cost of living is arguably rising just as fast if not faster. No matter how much the govt is trying to stimulate economy, ppl have no means beside the bare necessities + maybe a new computer/house furniture/cheap used car and they are saving every penny. It's the same thing in Canada, but they are just calling things "Slow" and not stagflation. Banks tried reducing another quarter point at the beginning of January, and I doubt this will have any effect whatsoever. It's worse for you guys over the Atlantic because housing is even costlier than it is in Canada (Barring the provinces of British Columbia and Ontario which are insane) Still the common worker cannot / is sure that he/she will never own a house in our two countries, and rent is almost as bad as a mortgage as well... Crappy times. Stay strong and good luck !

[@i_am_kochero]

People having less money and standard of living have been going down for a decade now 🤔

[@timbobill7279]

* decades.

[@c3pno]

​@@timbobill7279cheers grammar nazi 😂

[@dennisweidner288]

@i_am_kochero Not in America.

[@ilari90]

@@dennisweidner288 Funny that other commenter said "wait for what happens in US soon..." but yeah, that's not as bad in US of course, we all know that. Pretty inane comment.

[@dennisweidner288]

@@ilari90 Really. Labour does not seem to know that or why the situation is better in America. It is called capitalism.

[@bartz3245]

Can someone explain how is it that the wages grow faster than inflation, yet people are poorer than 15 years ago.

[@James-pyon]

because they are using CPI instead of CPI-H . if you include housing costs inflation is through the roof

[@martinsurridge7390]

Wages are not rising! It's the average wage that's rising! Some have had very large rises, this lifts the average figure, and many low pay earners have lost their jobs, which also lifts the average! But old "two-tier" will claim this as positive!

[@stephenmarchant-v7h]

The forced rise in minimum wage in recent years including this year is having a misleading take on wages generally. Take out the employees on minimum wage and you end up with the majority of the rest of the workforce in the UK on falling or stagnent wages. It's all a big con, and most people are falling for it Virtually all of the facts and figures surrounding our economy, unemployment, inflation is all manipulated b******t. There are 11 million working age adults NOT WORKING in the UK. True inflation is often higher than the officlal published figure. Also, notice how we never seem to be in an official recession - YES you've guessed it, all because of manipulation of those figures. Most people don't want middle management jobs anymore because you only earn a couple of grand a year more than someone on an entry level job on minimum wage. By 2030 most of the workforce will be on minimum wage regardless. Wave goodbye to hope and say hello to misery in the UK

[@m0o0n0i0r]

@@bartz3245 inflation is compounded every year not everyone gets a pay rise every year. To get richer you need inflation to be negative

[@Alex-fm5ke]

@@James-pyonif you include housing costs inflation is at 3.4% compared to 2.5%.

[@stevenmackay3342]

Its called Statutory Slavery. Im surprised they arent taxing at 100% and forcing people to take out loans to buy food. 😂😂😂

[@malthus101]

you can do "buy now pay later" on pizza deliveries - that's EXACTLY what is happening.

[@shanecle]

Don’t give them any ideas!

[@iamspock]

The government inflation figure do not represent the true cost of living increase and wages still haven't caught up to make up for the real cost increases.

[@kos15280]

wages increase only fuel inflation further..

[@the1andonlytitch]

@@kos15280that’s an ideological statement that doesn’t reflect reality. Prices have gone up regardless of whether wages have gone up or down. That would only apply to small businesses at best

[@the1andonlytitch]

@@kos15280the wage increases of late have been to catch up with price rises. Price rises are fuelling a demand for higher wages

[@crappedmypants]

💯

[@uweinhamburg]

It certainly would be desirable if wages would make up for cast of living increases, but which economic or real world law says that they have to? In the very end wages are nothing else but another cost factor - the cost of labor.

[@michaelpeacock6360]

Wages are growing at same rate as real inflation, the official inflation figures are a nonsense...don't reflect housing for a start.

[@morpheus9137]

Exactly this, its nonsens logic using CPI and not CPIH which is also fake. Real infaltion hit 20% at times, hell some councils want to up council tax by 25%. Energy, Train fares, Cocoa, Food, loads things up 20%-%50% since 2022.

[@robinette4363]

​@@morpheus9137algorithm

[@briancurran1140]

UK people are to blame VOTED 🗳️ for it

[@fergalhennessy775]

yep. and acted smug and superior to those who spoke out.

[@TmHudsonArt]

20% are to blame. 80% of us did NOT vote for this!!

[@BenJ2020]

The governments massive public sector wage increase has started feeding through then

[@rodzacjisook]

Train drivers 15% plus

[@arandmorgan]

Im beginning to think a "healthy economy" is actually not what we want. Seeing as economists think the average wage is GDP divided by the population, they are either stupid or extremely mislead.

[@panchopuskas1]

That's especially true of the USA (and Russia - but that's a different story)..... a few super billionaires and the rest living from pay check to pay check ......but hey, average per capita wealth is looking good.....

[@wyw876]

If anyone gave a damn about the common person on the street, all the stats agencies would've switched to median measures decades ago.

[@Notafantbhm8]

We have a huge amount of retired pensioners we are paying for. They are extremely expensive.

[@joergmaass]

@@wyw876 No no no, don't let the plebs know...

[@dennisweidner288]

@@panchopuskas1 Nonsense. Billionaires have done well in America, but so has the Middle Class. It is low income Americans who have suffered. A major factor there is he decline of public education in our major cities.

[@TotalScrubbery]

Wish I was getting a wage increase here. Dont get barely anything

[@GreenfieldBhoy]

Wages in the UK need to rise. They have been stagnant for a decade.

[@fl-ri-]

Can't have a natural wage increase while productivity is also stagnant. Productivity is stagnant because of mass immigration artificially inflating the labour supply. You can have an artificial wage increase, and you do, in the public sector. Someone I know works writing legislation for car manufacturers. He's never been interested in cars, can't drive, never worked in engineering even, yet he controls the legislation (red tape). He's on almost £70,000.

[@dennisweidner288]

@@fl-ri- Inflation is not the only factor. Economic growth hs been stagnant n Europe (not in America) since 2008.

[@RA-sx1qy]

​@@fl-ri-Migration stats are actually low, productivity is due to lazy native population

[@mw01908]

That will just cause even higher inflation, and we end up like Turkey

[@Kindrin]

Salaries are trying to catch-up to losses resulting from the previously high inflation. They are running behind current interest rates, not in parallel, and are a symptom of the problem not the problem itself.

[@Saintpaulo1981]

Wish my wages were going up in line with this 😢 No surprise that larger public sector pay rises dished out by new govt trigger this just like wages dropped in 2021 when dishi rishi announced public sector freeze!!!

[@PaulJackson-x8e]

Hit 220k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 34k in November 2024,

[@JohnMercier-q7l]

I would really love to know how much work you did put in to get to this stage

[@PaulJackson-x8e]

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear that you saved me from huge financial debt with just a small Investment, thank you Jihan Wu you're such a life saver

[@EricLurie-n7]

As a beginner in this, it’s essential for you to have a mentor to keep you accountable. Jihan Wu is also my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

[@AdamSilbert]

Jihan Wu Services has really set the standard for others to follow, we love him here in Canada 🇨🇦 as he has been really helpful and changed lots of life's

[@RichardArthurBaker]

His guidance allowed me to restructure my retirement plan, resulting in an estimated $700,000 more by the time I retire.

[@ufoenigma7858]

I admire you Joe. For your smile at the start of every video you upload. When the headline relates to the current conflict in Ukraine, I gauge the vibe (positivity/good news for us) based on the size of your grin. But beyond my admiration I would place 'respect' as when the news that relates to UK Prosperity is concerned, you maintain that dignified smile, that's so 'British' and noble, it encourages me to have faith in my fellow Brit... We are tolerant... to a fault in many folks eyes and I can understand why those folk would see us that way. But as an old British saying goes..." Don't mistake kindness for weakness".. Our limits are being stretched to the limit here. All those leaving..'good luck'. Don't come back. United we stand.

[@Four20ftw]

Canadian here. Does Canada and UK have a free trade agreement? With impending tariffs from the US, does it make sense to work together? I'm not familiar with UK's economic troubles, but I'd have to think that feeding them a steady stream of natural resources for them to develop would be beneficial to each others economy. Does the UK still have a strong manufacturing base? Do they have energy needs? Minerals, steel, copper, concrete, rare earth metals? The US is about to abandon much of their market share by imposing sanctions, I rather work with more reliable partner.

[@verttikoo2052]

No. Canada didn’t want one with the UK. Canada works with the EU instead. Short story. UK screwed up.

[@dennisweidner288]

Great idea. Lower trade with a successful growing aborigine and expand trade with a failing economy.

[@Four20ftw]

@ Canada should and will continue its trade relationship with the US. We also need to diversify our customer base though. US is able to wield great leverage over Canada because of this.

[@bigfisher4354]

We have to ask our American overloads if we want to do specific trade with north America so unless if our US masters agree, probably not.

[@geertstroy]

Why dont you study a bit beforehand as well as to make something yourselves out of that " endless stream of natural resources" obviously seeing your country as preprocessed loopaper.

[@amcluesent]

1973 here we come. Platform shoes, bell-bottoms, progressive rock, Electric Light Orchestra, Choppers, mullet haircuts, three-day week, The Sweeney,...

[@RichTex-e6d]

Fantastic.

[@AlTarif]

Yeah sadly no. The UK is a very different country now.

[@lawLess-fs1qx]

that's beyond the pale l expecting civil servants to up their hours to a 3 day week. Electricity on alternate days is a green sacrifice we must make..for the planet, blah blah.

[@robplazzman6049]

And no central heating, although for different reasons !

[@anthonyferris8912]

The UK is suffering the same stagnation as the rest of the world.

[@cassandra2249]

Things aren't great right now, and mostly because of some stupid mistakes and bad administrations, (Brexit being the main culprit,) but as bad as living in Russia, China or even America right now? I don't think so.

[@fieldmojo5304]

The purpose of the economy should be to help the British people. High wages is a goal, not a problem

[@MrBadBean]

I say to my mates if you can afford it, leave the UK, it's a basket case

[@WillyJunior]

And go where?

[@Beamish_lover]

​@WillyJunior not ireland anyway, place is out of control regards living standards

[@BazilMouseDetectiveUK]

yeh yeh yeh leave good idea yeh yeh yeh brilliant

[@theguitarzone767]

@@WillyJunior Create a location independent online business where you make at least £800- £1000 a month and go to warm, sunny, low tax, low cost of living countries like Thailand, Philippines, Colombia, Argentina, Panama, Costa Rica.

[@BazilMouseDetectiveUK]

@ Sinking ship? This country trumps others in many areas, its not perfect but it's better than most. The UK has great summers, great autumns and springs, why would i want to live in a another country just because its "sunny"? Mexico is "sunny" but its also a dump.

[@juliegale3863]

As the war time funny used to say “It’s being so cheerful as keeps you going“. Yes, i’m nearly 90..

[@amcluesent]

Musn't grumble!

[@juliegale3863]

@@amcluesentyes I remember that too

[@TomFodder]

If only we were out of the shackles of the EU, wait a minute...

[@mw01908]

The EU are in a even worse situation even though they haven't got governments as bad as the UKs

[@CT2S3XY]

Things will NOT get better unless enough UK people decided enough is enough and take actions.

[@dennisweidner288]

@CT2S3XY Depends on what action you take. Basically capitalism works and socialism does not. The welfare system seems very important to most Brits.

[@captkandoo]

Who actually did this study? Guess they forgot to ask me.....had a pay cut putting me back to my sub 25k level of 2020! Us at the bottom just have to be grateful we still have a job :(

[@RelationalDatabase-us7fr]

*** Are wages rising so fast because the amounts given to train drivers, junior doctors, teachers, etc?

[@mikemason746]

Interesting how standard economics says that people making more money is a bad thing.

[@AaaaandAction]

Wages need to increase to catch up with the cost of living inflation over the past few years.

[@garyb455]

The UK is broke. Spending needs to be cut at least 30%, time limits need to be introduced on claiming welfare. Many thousand of Civil Servant's need sacking. Public staff pensions need to be the same as the rest of us, why should we pay tax for their pensions which are much better than ours. 50% MPs need to be sacked and at least 50% of the House of Lords. All Foreign Aid needs to stop. Then cut taxes for business and encourage real inward investment which will never happen with high taxes. We will then start to get some real growth. The average Brit is over 40% poorer than the average American, the system over the last 30 years has failed, time for big changes.....

[@angela-qh8gl]

🙄 How much are you paid an hour?

[@gogrape9716]

The UK is almost bankrupt. All spending is aimed at ILLEGAL Migrants and Islamo Fascism...

[@dennisweidner288]

@garyb455 That is what happens when your primary focus is expanding the welfare system,

[@cydoman8014]

The economic ills can be traced right back to Brexit. The people who sold the UK on Brexit's great deals and fabulous savings need their economic sheets examined. Are they experiencing the same problems keeping a roof over their heads, paying for gas, groceries, electricity? Time for hard headed truth. The UK is being mugged by reality. The US is not far behind. Sanity not shenanigans is required. The UK needs to lead the way out of the morass or sink under. Beware the wolves at the door and the deliberate instigation of anger and divisiveness. They bring only winds and will desert you to reap the whirl winds.

[@BillDavies-ej6ye]

@@dennisweidner288 HMRC ('Inland Revenue') know that it suffers from tax evasion, recently £5.4 billion, mostly from small businesses. Tax avoidance adds to that amount. It does not seem keen to address this. However, we are keen to 'go after' poorer people on benefits, some of whom have received incorrect payments from the Dept of Work and Pensions. In addition, Britain has the top three corporate tax havens, in its Overseas Territories, according to the Tax Justice Network.

[@dennisweidner288]

Joe, Not to worry. I am sure Rachel in Accounts will fix all of this.

[@Notafantbhm8]

We have a huge amount of retired pensioners we are paying for. They are extremely expensive. An aging pop can only be helped by immigration but no doubt you lot do not want that

[@UknownJJ1254]

@@Notafantbhm8 Legal Controlled immigration is perfectly ok, people who come to this country the right way and intend to find jobs and contribute to the economy instead of being a burden to it. What we currently have is people who come into this country with no intention to improve it and every intention to abuse it, from government aid to free healthcare and education. And the current government isn’t doing the country any favours by welcoming and at times promoting this.

[@James-pyon]

she's taking orders from someone else for sure

[@dennisweidner288]

@@Notafantbhm8 'you lot'? Is that the polite way of calling me a NAZI? Actually I am a big fan of immigration. In fact I maintain a huge website that has a large section on immigration. YT does not permit hot links, bu you can have a look by googling "United States Immigration" and adding "histclo" And the central point is how much immigration has added to our country. In discussions with progressives I find most seemed to not have mastered 2nd grade math. You are somewhat of an exception. You seem to be at the 4th grade level. You are right, pensioners are expensive. In fact because of that and massive uncontrolled spending, states like California, Illinois, and New York are bankrupt. And the only way out of all of all this debt is economic growth. And LEGAL immigration can play a role in that. What you miss is your assessment is the high cost of maintaining the 15 million illegal aliens, that Biden let into the country. They are a net negative, not a net positive factor. You have to add in the costs of education, housing, medical care, welfare, and other social services these people require. A substantial part are poorly educated and do not qualify for the high-tech jobs that America needs to fill to grow the economy. The United States or Britain in short can have a welfare state or we can have an open border. It s mathematically impossible to have both. Perhaps you have missed the massive spending for illegal aliens that cities like Chicago, New York, and LA has been forced to fork over to illegal aliens restricting support for low income residents in these cities. The cities have huge budget short falls and this is before the cost of pensioners kick in fully. Now I am assuming that you are British. Britain and Europe in general face the same issue, but unlike America without a growing economy. Just look at the DATA. British and EU GDP in 2008 and 2023:: 2.9/14.9 Trillion Dollars.in 2088, but only 3.3/18.6 Trillion dollars in 2023. There are slightly higher numbers, but when inflation is calculated there has been NO GROWTH. Compare that to America 14.8 Trillion Dollars in 2008. and 27.4 in 2023.

[@dennisweidner288]

@@Notafantbhm8 What happened to my reply. Did you delete it?

[@1verstapp]

whatever it is, i'm sure the tories have an austerity-based solution for it. >recession just more brexit fallout.

[@mw01908]

It will take more than austerity to get out of this mess...........

[@ProfessionalJerry]

Thanks for another great video Joe 👍🏼

[@robharrop8929]

Congrats Joe. I came across you when you had 34,000 subs. Nice to see your success. Hang on to your hat- it's going to get wild. Time to panic buy cat and dog food (retirement meal for seniors).

[@c3pno]

😂😂😂 dog food, they will be going to the food bank for the dog and cat food

[@patriot388]

It's called Starmageddon! 🙄

[@Alirion]

Are the costs of housing included into the offical proclaimed inflation rates ? As far as I have herared, there is the possibility, the government has excluded these costs to blindside their people to the real inflation!

[@FinsburyPhil]

It seems that the only tool left to make a significant impact on the current negative trends and to repair the damage done by letting bankers dictate policy and screw up bond yields is to make a significant cut in interest rates. This won't come without consequences but none of the options do.

[@RichTex-e6d]

Completely expected if your have a basics understanding of economics. More people, less industries, financeing conflict, reduced industrial output. Yep 1-1=0. This is a planetary issue. Infinite growth in a finite environment is impossible.

[@williambailey1712]

It's the logic of a cancer cell

[@gogrape9716]

No problem indicated. The UK is trending into a third world Caliphate... Failed state indicated... TOMMY. TOMMY. TOMMY...

[@Derloopkat]

Unemployment is increasing as well as salaries. Why? What happened is the government increased the National Living Wage. This has two effects. The employers either fire the less qualified workers or increase their salaries. The salary increase also pushes up salaries of more qualified employees. This is a very particular case, because those fired (the low-qualified) do not represent a threat for the high-qualified. If qualification and experience was the same, supply-demand rule applies and the more people is fired, the less average salaries are being paid.

[@MaartenOtto]

The UK voted for economic harm… Good to see the experts were right all along.

[@uweinhamburg]

The question should be - what fundamentals are there which could indicate, that things could/should get better? Interesting raw materials? Technical leadership in important sectors of technology? Young, well-trained workforce? What is there to back up the idea that the situation in the UK should improve? The only halfway strong economy factor, banking in the CoL will be hit by the loss of Euro clearing in just 5 months. Perhaps the doom figures from the UK are simply just an attempt to factor this in in advance.

[@dennisweidner288]

@uweinhamburg It is rather simple. I don't see capitalism in your answer.

[@uweinhamburg]

@@dennisweidner288 The reply is a bit cryptic. What do you want to say? Capitalism is the problem? Or capitalism is the answer, and it is somehow better in the UK than in similar countries? The inherit question of the video stays - do you see anything which indicates the return of the UK to growth?

[@dennisweidner288]

@@uweinhamburg Sorry I was unclear. Capitalism is the answer. The U.K. is not much different than Europe which is why there has been virtually no growth since 2008 while the American economy has doubled.

[@uweinhamburg]

@@dennisweidner288 A balloon gets bigger when you blow hot air into it. I have no bit problem with capitalism but i prefer the European version, a social market economy.

[@dennisweidner288]

@@uweinhamburg The European social market economy has not grown since 2008. But inflation has increased, meaning people standard of living has declined. suggest you have a look at the elections this year. You may be happy with it, but the European people are not. And notice how Labour and the Torries are canceling local elections, because they know how people would vote.

[@WhateverMan35]

A few videos back, you mentioned how the inflation data is misleading. Now you're using a statistic (average earnings) which can be very misleading due to upper management taking obscene pay rises and the fact these are surveys from companies which are then averaged out among the existing employees. So if the unemployment goes up, then the average earnings can also go up.

[@foobarf8766]

Property in the inflation goods basket will also probably halve it, he mentioned wages doubled. russia has that problem, same in New Zealand where CPI now unrepresentative (not covariant with) median living costs.

[@WhateverMan35]

@foobarf8766 I have no idea in what you're talking about and situation in Russia is unique.

[@Bareego]

I would also have liked to see a graph on consumption. Just because people earn more doesn't mean they'll spend more, and I think many people right now are very cautious with their spending.

[@PreetSingh-dj4un]

Trump is demanding Canada😂😂😂😂😂😂😂😂

[@michaelpaczynski941]

With the failed leadership, he can have it!

[@verttikoo2052]

Why would Canada want to have the USA? Canada and Mexico should build the walls and make Trump pay for it. Keep the idiots inside 🎉

[@simonjamesodell]

I think it's a highly overdue market correction caused by the cost of houses being far too high relative to the earning power of the buyers. The pound will lose value until the point where £300,000 for a house sounds reasonable.

[@Pik871229]

They are desperate of getting every single penny from households i.e. TV licence to Netflix/Disney+ users, Council Tax, Road tax etc etc Labour just disgusting !

[@jurgensplurgen8972]

Bloody labour made me subscribe to Netflix & Disney+

[@Pik871229]

@@jurgensplurgen8972 Then you will soon be taxed and gotta unsubscribe again...damn it! BBC now running out of money

[@tonyking2030]

Not as disgusting as or corrupt as the Conservatives!

[@vodkapops]

I read the BBC are spending £100m of licence fee money to turn broadcasting house to face Mecca 🕋

[@patdbean]

In order to get back to the buying power of wages that we had in 2000. Pay needs to KEEP going up like that for about 3 or 4 years. This all goes back to the gap between CPI (without housing costs) and RPI (with)

[@grahamcook9289]

Well, obviously the Labour government are going to have to ask the train drivers to give the 10 billion back! 🤣

[@jeffharmed1616]

There are a lot of factors that affect the national average pay. One factor is the acceleration of technological innovations. For example AI, drones and energy are now deemed national priorities and salaries for experienced people in these fields are likely to raise the overall average pay significantly. Ditto construction workers, and all associated industries.

[@TomFodder]

Just ask chatGPT, you will get non-biased answer: Yes, quantitative tightening (QT) by the Bank of England (BoE) is indeed a significant factor contributing to the rising cost of debt in the UK.

[@FolkinghamRob]

Wages going up - I’m shocked. Train drivers and doctors are happy, that’s all that matters to Labour

[@THETRUTHISOUTTHERE-m9v]

What wages? 😂 Minimum full time wage is 90% of rent+bills. You hen you have 10% left for everything else. 😂 I was living much better when minimum was 6£ then now when it's 12£

[@PB111627]

The UK is in the middle of Starmerflation.

[@gertscheper9653]

Welcome to the Brexit sir, i am sorry.

[@joergmaass]

It actually is Toryflation, because it is those nutcases who caused by going Brexit.

[@verttikoo2052]

All this is thanks to Tories. Only surprise is that Labour is also completely clueless what they need to do.

[@fallyn2920]

@@verttikoo2052 part of the people there are marxists so it figures they have no idea and it's probably going to get way worse.

[@FuntimeFrankie22a]

Do you mean it could get worse? 😂😂😂😂😂😂😂

[@Crimeajewel-me3me]

UK is HMS Tittanic. 😊

[@norseko]

Its ok the government are rearranging the deck chairs.

[@JimTimber]

It was RMS Titanic.. King George V was on the throne when the Titanic sank.. Royal Mail Ship (RMS) 😁

[@verttikoo2052]

And ECP will lower its interest rates tomorrow.

[@jeffreywolfe1122]

You are the cheeriest man, I don’t understand how you are so positive as the uk circles of the drain.

[@vodkapops]

He’s a millionaire who retired at 40. House will be paid off so he’s got nothing to worry about 😊

[@Trevor_Austin]

But, but, but Two-Tier told us all that the grown-ups were in charge, that we would all feel wealthier, that we wouldn’t pay more tax and the economy would grow. Are you telling us that he lied?

[@Thomas-o1k]

Don't know which sector is pulling up this average whilst I'm far away from double inflation wage increases. Was offered 0%, closed at 2.5% in December for 2025.

[@angela-qh8gl]

Most people sound off about sectors wage but most people forget to mention, the majority of people are couples and have two wages coming in the door. Not so poor.🙄

[@WTH1812]

Never underestimate the Power of the Puppy. Cat videos beware! There's a new dog in town.

[@PhillipYewTree]

our standard of living has been dropping over the last 5 years.

[@lipingrahman6648]

Actually the last part of these videos do put a smile on my face. It’s a nice pick me up.

[@aimees6646]

Lower unemployment + higher unemployed = more robots?

[@2squiffy]

The public sector pay increases are the only thing affecting this private sector wages are stagnant from what I can see?

[@tzrgazza]

Second hand car prices are ridiculous at the moment

[@tonyking2030]

Especially for EV vehicles!!

[@valicourt]

Hi or low?

[@c3pno]

​@@valicourti imagine low because no one has the money for them and people still think we're at the furlough/COVID times 😂

[@mw01908]

What do you expect when Labour are held to ransom by their union paymasters, so they caved into 22% payrises for many workers

[@LRD113]

Keiara Stormer promised to support Ukrainian long as it takes 😊.. going to be really really long hard times

[@notjoeking2]

Rising wages are getting out of control? I've not had a wage rise for 3 years and had to absorb the 30% devaluation of that wage. I'm earning 30% less than I did in 2022 in real terms.

[@nickhtk6285]

Sure, Labour hasnt been in power a year yet but lets forget about a decade of Tory rule.

[@dennisweidner288]

@nickhtk6285 Fair enough. The problem is that Labour wants to double down on he policies that do not work. Its only been 1/2 year. Rachel in Accounts has 5 years to fix things. We shall see how well it works.

[@rogerrussell9544]

Starmer is the kind of guy that would like the new Jaguar adverts.

[@Blue_Ifel]

The new political party ,Reform UK is leading the popularity in UK, the current labour government is the least popular.

[@morpheus9137]

Without government spending we would have negative GDP.

[@kaltenburg2637]

I'd guess excessively generous government benefits are keeping people out of labor market

[@mango4ttwo635]

What would you know?, you're not even British

[@gertscheper9653]

Bollox.

[@angela-qh8gl]

That’s an interesting thing to say….you obviously know nothing about benefits.👍🏻

[@valicourt]

According to my neighbour who reads the Daily Mail every single day, this has nothing to do with Brexit.

[@mramg6038]

Inflation is a see-saw. One one side is the state and on the other is the citizen. Without growth if the state doesn't reduce in size, then the citizen's wages will need to reduce relatively. Sadly this leads to a reduction in PPP relative to USD, in otherwords you become poorer per capita. This reduces growth & necessitates a nominal headcount increase (immigration). Needless to say this has been happening for decades.

[@rockpadstudios]

the UK doesn't need aircraft carriers or subs imo. What country would want the UK now.

[@malthus101]

There is absolutely no wage increase. What lies.

[@michaelpaczynski941]

Any chance you could find the median increase? Averages wash out the extremes and make a fuzzy picture. Who’s getting the increases? Public sector? private sector? Top brass creaming the top of pot? Checkout clerks getting a fair increase?

[@ChaosRules57]

It takes a really clever pessimist to take good numbers on wages and turn them into a negative.

[@RobertSharp-z3p]

Not sure what you are on that keeps you cheerful and smiling while reciting the omens of our economic troubles but can we please have some?

[@Robert-xk9qq]

Ask the royals for some of their billion dollar portfolios,shorley they would share

[@TopherGriffin]

My government in Australia mandated a rise to wages greater than U.K. wage inflation for the last couple years, and the world hasn’t ended. In fact, quality of life has improved. Brits are ridiculously underpaid in comparison. Stop fearing inflation, start fearing how you’ll never get out of the horrific institutional poverty you live in, when the USA, Australia, Norway, Switzerland, etc etc don’t have your issues. Poland will overtake the U.K. soon, and they were the butt of many British jokes and abuse, oh so far you have fallen.

[@brianponcelet3529]

Looks like the UK is getting closer to Cuba.

[@Dean-Bites]

It's on that road alright

[@Pik871229]

Maybe Venezuela

[@Ronaldoghar]

​@@Pik871229Not to this extent

[@MichaelHickey-i6s]

I would appreciate your analytical review of the Australian economy.

[@AntonHinxman]

Excludes bonuses? How do you get any bonus, I want some of that!

[@johnnydoe3603]

You don’t See the Champions of BREXIT take Any Responsibility. 😂

[@Trevor_Austin]

That’s because Brexit is not responsible. Try again.

[@mw01908]

You can't keep on blaming any bad news forever on brexit. I know that you are bitter and can't get over it, but one day you will have to get on with your life and move on

[@tomwaller6893]

More and more presure for the people of Scotland to take back the nation of Scotland from Westminster taxation and rule. Long live the Republic of Scotland.

[@davidwhitehouse2162]

Joe talks about wage increases but has scant information as to who and where that is being enjoyed. Granted many people have not had any or minimal wage increases in the last few years, so this increase now may well be just down to catch up, and the necessity to retain staff as a consequence. No doubt Starmer's government will keep in character and attack the unemployed when a rise in benefits is realised, along with any and all social benefits. I expect from some Tories this will be wholly supported, as the Starmer regime adheres to their playbook. It might beg a question about how much this government is borrowing and just what they are spending it on, and for who's benefit.

[@michaelhenault1444]

If they did a poll today in the UK, less than 30% would admit they voted for Brexit. Many would say they were voting for Breakfast.

[@THETRUTHISOUTTHERE-m9v]

Another Brexit zombie 😂 Do you even know how it is to live working class life in your Europe? Do you know Europe is much more then Holidays in Spain 😂😂😂 I'm from your so loved Europe and even now I choose to live in UK because life here is much better now then it's in most of Europe 😂 If you are looking on rich people lifestyle in Europe and pure TV statistic then maybe feeling is like it's better.

[@THETRUTHISOUTTHERE-m9v]

Other thing what Nazi PM and important government who cares only about islamisation and steel money from us had to do with being part of Europe Union or not? It's not magical union what will gonna save UK. Greek islands died because of EU.

[@johnjobs3027]

Trust me. It is a shit-show everywhere.

[@verttikoo2052]

No it isn’t. European Central Bank will lower the interest rates tomorrow.

[@dennisweidner288]

@ ohnjobs3027 Not in America. The America economy has doubled since 2008. The U.K. and E.U. economy has been stagnant.

[@verttikoo2052]

@ First glance that looks good. Then you start digging for the reasons. Then you see what is going on.

[@maartenaalsmeer]

@@dennisweidner288 _The America economy has doubled since 2008_ While the US has more than *tripled* its debt: from $10.3 trillion in 2008 to $35.46 trillion in 2024. *Trillion* . That bubble will burst eventually.

[@dennisweidner288]

@@maartenaalsmeer Actually I agree with you abut the debt, but the two are only partially related. Much of the debt was due to Covid and Biden's ruinous spending (2019-2024) the growth was during the whole period since 2008.

[@tldnolan]

Oh god people's wages have increased, unemployment is below the 5% target and inflation is very close to to the 2% target. Absolute disaster.

[@Mercer12]

Spot on mate, we’re positively thriving in the U.K. and I just can’t comprehend how most people can’t see it! Ungrateful if you ask me, we should be thanking Kier and the Labour Party.

[@thrasherthrash8987]

Joe seems to have a habit of sensationalising everything. When he uses the same language to compare the UK and Russian economies it dampens my trust in him. That being said, he may just be trying to clickbait anti-Labour viewers with disaster headlines at every turn.

[@TomFodder]

"Estimates of the economic impact of Brexit in terms of GDP loss can vary widely, but many analyses suggest that the annual cost could be in the range of £40 billion to £100 billion."

[@grahamcook9289]

Joe, I would love to see you go head-to-head with Richard J Murphy. What do you say? Maybe with the Black Belt Barrister adjudicating? I think the views would be phenomenal.

[@karuzozweihander3218]

I an confused and surprised And everything went into chaos

[@Infopirates]

Russian oligarchs and millionaires can't send hundreads of their dollars to Londongrad annually as before these days. What did you expect? 🤓🤓🤓🤓 RIP, Chelsea FC, London's banking and real estate. 😐

[@tldnolan]

The failure of Chelsea and the lowering of London property prices are actually good things for the majority of people

[@m0o0n0i0r]

Roman Abramovich, may owe British tax authorities as much as £1bn. Ah it doesnt matter the treasury is paying 100s of billions to cover BOEs bond loses in QE.

[@Infopirates]

Dozens of Russian oligarchs and dosens of thousands of Russian millionaires invested in London and Paris a lot every year. ​@@m0o0n0i0r

[@StPiter111]

​Please, check UK's trade balance and budget's deficite for last three years. 🤓

[@piotrwojdelko1150]

Interest rates are too low

[@garypowell9071]

My question is how long will the liberal government survive these economic issues?

[@anthonycayford3763]

Who's getting all these pay rises? Can they send some my way...