Is Rachel Reeves sending Britain towards a Liz Truss-style crash? | The Story

[@Umpt]

I'm British living in Netherlands, I feel so much more secure here than in UK. I think UK will suffer for at least a decade unless it focuses on GROWTH rather than mega cuts !!

[@chrimbus71]

A story not about Trump or Putin! Well done Times. Reeves is a clueless clown

[@nigelmorley5414]

with apologies to clowns !

[@petewilliam4295]

The problem arises when a chancellor does not understand the impact of policies which cause people to react in a negative manner in gdp generation as they seek to protect their asset base.

[@advocate1563]

Wealth preservation vs generation. Now in former.

[@_Unlukey]

All the good will towards Labour has evaporated. It's been 6 months and not only have things got worse, it looks like they're going to get worse still. We sick of hearing about the 22 billion. That's why you've raised taxes by 40 billion. However, in the process, you've disincentivised growth my making it more costly for business to employ. High employment was about the only thing the UK economy had going for it.

[@Crimeajewel-me3me]

Economic growth comes from business and entrapraneurialism. Not endless growing welfare.

[@Ocean_drifter97]

Gov't spending also leads to growth, though.

[@williamthompson4389]

And she is still there as our Chancellor of the Exchequer. What chance do we stand of survival?

[@spiritualdeath101]

10yr gild yields under Rachel have surpassed those under Lizzie. [4.3v4.8] Rachel has already achieved a crash in sentiment - she'll be dragged back kicking and screaming to announce a mini-budget in the spring with more tax rises and spending cuts. Rachel is setting the standard.

[@dpelpal]

I am Russian, and any person, who lives in Britain, should be glad they live in Britain!!!!! There is a reason there are long queues of immigrants who wanting to get into Britain...and lines of people wanting to get *OUT* of my Russia!!! Sorry, English not forst language!

[@chrimbus71]

What bs. Labour trolling

[@nigelmorley5414]

@@chrimbus71 well they certainly don`t want to live in ruZZia and would be crazy if they did.

[@mark_tolver]

@@dpelpal The UK is at least a pretty stable place, both politically and economically, it’s just a shame we shot ourselves in the foot a bit with the whole Brexit nonsense. Although, one side effect of Putin’s war is that it’s bringing the UK and Europe closer together. It’s just a shame that after the break up of the Soviet Union that Russia didn’t develop a real democracy but instead went right back to having a czar and viewing the west as its enemies instead of neighbours - the Russian people would have been a lot better off! 🤷‍♂️

[@mark_tolver]

@@chrimbus71 Are you trying to say that there aren’t immigrants trying to get into Britain?🤨

[@chrimbus71]

@@mark_tolver yes mark, the war is bringing the UK and Europe closer together. We are all poorer together. what a more on

[@S.H.A.D.O.Banner]

Reeves the worst maggotty cabbage on the shelf

[@Flynbourne]

She is not up to the task. Just a real lack of clarity and leadership. They inherited a bit of a dogs breakfast but that’s no excuse.

[@Bungle-UK]

We’re already there.

[@superbeedge]

Nobody can even get close to Truss.

[@spiritualdeath101]

Rachel is trying her best.

[@nigelmorley5414]

labour have already and gone beyond

[@BigTsunDorito]

I miss seeing her walking and bouncing in the right places.

[@bestloop]

Fantastic podcast !

[@TheFireControl]

They must apply economic measures Milei style!!!!

[@taoikonomika]

Very interesting, and the Aussie podcaster is very informative, great communication. Anyhow pension funds actual business is made with leverage. That means, these funds repo a part of their GILTs and use the liquidity for some other riskier financial products, while also replicating and hedging GILTs market exposure with interest rate swaps, and inflation rate swaps, or zero-coupon inflation swaps. Hence ,certain pension funds should be safer investments but they're not so safe. Because the carry a lot of interest rate volatility risk , modified duration risk and inflation vol risk. Maybe regulatory framework needs to be updated.

[@Farmhand444]

This gov is finished every one in Buiness is battening down for the next 4 years let’s just hope the gov debt recoverable buy then

[@AntonioRomero-te4cb]

Neither have the rest of us

[@hawklord100]

lots of guff about growth this past year, but nothing starting to happen yet, NO new airport runways, no new data centres turning soil, no mega merger approvals like vodafone and Three, no selling of the last of the nationlised banks, no councils approving a new town... nothing, nix!

[@HeirToTheScarletSky]

A lot of the planning reform is still in progress.

[@ThomasistheTwin]

Big red box, that’s the social mindset she’s in.

[@richardlellip.e.m.b.a.7969]

Breaking News: Trump secured over 1 Trillion USD in U.S. Capital Investments before the end of his 1st day in office -- WOW -- American investment is over 50% of the World's total -- Britain is less than 1% -- who's the Loser?

[@slimclark7558]

What do mean ‘is she’

[@DavidBaker-v8l]

Great analysis, thank you! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (mistake turkey blossom warfare blade until bachelor fall squeeze today flee guitar). Could you explain how to move them to Binance?

[@billwilson1320]

If people understood how the government actually spends, they would see the lies we are told. This program just reinforces those lies unfortunately. MMT explains the true process.

[@richardharkness9427]

She has already succeeded. No need to pose this question

[@HKCool-hj4bs]

Rates rising just bring forward the next QE by central banks🎉

[@AntonioRomero-te4cb]

I don't think Our President has sleep in four days. Our President is as tough as nails.

[@Skygrey2943]

Amphetamines.

[@VitoCorleone-tm2qc]

No. Rupert Murdoch can do one with his deliberate misinformation.

[@syedadeelhussain2691]

I recommend those interested in studying fixed income or other segments of the financial markets where trades take place using market quotations, to study the EMH - Efficient Market Hypothesis Theory. Because if Inflation is going down and Bond YTMs are going up there is a market pricing problem. The market might be inaccurately ahead of the curve, which is also inefficient!

[@Prometheus-Unbound]

She just needs someone to donate her a new wardrobe and she'll wow those lenders ....

[@colinseeney471]

Click bait 😑

[@Truthurts-s9t]

She's underqualified, end of.

[@t7s-b6x]

PPE Degree Masters in economics from LSE. More qualified than most chancellor's.

[@puglia5375]

Just because you don’t like her, doesn’t mean she is not fit for the job. She is the first female CofE. Methinks, given the repellent level of debate in the public spheres at the moment, there is more than a bit of misogyny going on.

[@Truthurts-s9t]

@@puglia5375 Misogyny give me a break.

[@nigelmorley5414]

@@puglia5375 Not at all, the evidence of her first, ill thought out budget is what is causing criticism

[@alexanderg1935]

I like the briefcase. Not sure about the direction of this government's economic policy. Only time will tell.

[@joelhall5124]

Liz Truss actually had a plan, but one the civil sevrice and BoE didn't like. For some demented reason, they like Reeves.

[@rogerphelps9939]

Usual Torygraph silly comment.

[@Skygrey2943]

No, her plan amounted to giving the rich tax cuts and for growth to magically appear. It doesn't work like that. Plus, she borrowed huge amounts to cover the cuts. She didn't have a concrete plan on how that growth would be acheivd and she didn't submit her budget to the OBR for review. All of which didn't fill the market with confidence because for growth you need investment and there is no evidence that proves giving the wealthy more money results in growth. They usually squirrel more of it away.

[@AntiSocialPiscatorial]

Rancid Reeves is Way worse than Truss ffs

[@seanlander9321]

Britain has been on life support from American taxpayers since 1917 and still it hasn’t dawned that the only way out of this self-inflicted malaise is to make and sell stuff that other countries want to buy. There’s no future, except a miserable one, in selling services to each other.

[@richardlellip.e.m.b.a.7969]

Breaking News: Trump secured over 1 Trillion USD in U.S. Capital Investments before the end of his 1st day in office -- WOW -- American investment is over 50% of the World's total -- Britain is less than 1% -- who's the Loser?

[@siwilson1437]

@@richardlellip.e.m.b.a.7969 What by ripping everyone off with bitcoin, pulling out of WHO and not dropping the price of eggs?

[@siwilson1437]

OH and pulling the price cap off medication!? Can't take it with you...

[@CharlieBrown-c5x]

Is this presenter moonlighting from Blue Peter? Her voice and way of speaking are equally annoying.

[@AH-wr1ir]

Dear Davos, please come and invest in this ship we have scuttled.

[@smoss9813]

Hahaha they already run the country, it's them that decided what was going to happen. Look into them and what they want.

[@robmcrob2091]

No. Simple answer.

[@rogerphelps9939]

No. She is not.

[@Flynbourne]

She is not up to the task. Just a real lack of clarity and leadership. They inherited a bit of a dogs breakfast but that’s no excuse.

[@nigelmorley5414]

They inherited inflation at 2% and the fastest growing economy in the G7. It was a deliberate policy to talk down the Conservatives economic record but it massively backfired. Labour are economically illiterate , always have been , always will be I you understood economics you wouldn`t be a socialist