You would get even more corruption. Best way to create corruption is to under pay people in power
@tarquin1612342 ай бұрын
That would actually be counterproductive. Do you think we'd get more capable politicians, less prone to corruption, and less dependent on second jobs? No. A major reason why Singapore is such a success story is because they pay their politicians very well. The electorate is more a problem than politician salaries.
@UkSapyy2 ай бұрын
@@tarquin161234 A former colony, a tax haven, a place smaller than London with a population of 6 million is the perfect comparison for the UK. A place with very little resource other than policies that attract the rich is the exact model we need for the UK. How about we sink the UK, but leave London and live the Singapore dream!!!
@matty5062 ай бұрын
@@tarquin161234 I agree. I think certainly for those on front bench the pay should be £200k+ with a strict no second income policy. A few extra Million a year to recruit proper talent when we waste Billions as it is.
@alanna48582 ай бұрын
In 2020 we done a “big shop” for two adults 3 kids and it was 106 - now our standard shop is upward of 260 - it’s UNREAL
@lervish19662 ай бұрын
Reduce your wine consumption from ten bottles to one bottle per week,
@CarmenVanreenen-t4b2 ай бұрын
The world is balancing out to truth no matter what it gonna be fair u gonna realise there is nothing uk can offer other nations no more in fact it's the other way around so this is qhe prices other nations pay while u was playing a rigged game to keep prices low this is just the truth andnits unfortunate but its the truth
@BMack-p9s2 ай бұрын
😱
@Atypical-02 ай бұрын
@@lervish1966braindead tory comment.
@gusleonard93972 ай бұрын
It’s because the BoE printed 1 trillion pounds
@manoo4222 ай бұрын
Borrow spend, borrow spend, borrow spend...then stick the public with the bill paying it all back!!!
@martinmurphy96792 ай бұрын
The tories have just borrowed us into oblivion and we have absolutely nothing to show for it. Where's it all gone?
@luckycup2 ай бұрын
@@martinmurphy9679the tories blah blah , they are all the same
@manoo4222 ай бұрын
@@martinmurphy9679 Straight into the pockets of the globalist corporations that own the govt...and Labour will continue EXACTLY the same agenda as the second cheek of the same 4rse.
@James-tv4pl2 ай бұрын
The difference was that the Tories were borrowing to give handouts and tax cuts. Labour are borrowing to invest in infrastructure and growth. This will benefit the public in the long term
@fredmercury13142 ай бұрын
@@James-tv4pl No, it won't. It never has. It never will. That's why the debt has consistently grown, under _every_ government, since the war. Borrowing more than you can ever hope to pay back, and then borrowing more to service the debt, is not how to run you own finances, let alone those of a country.
@Air7Rhythms2 ай бұрын
This government is bipolar
@tigading21772 ай бұрын
Good Lord, with Reeves and Yellen, UK is truly f'd
@mooremuller89372 ай бұрын
I'm glad you made this video, it reminds me of my transformation from a nobody to good home, $89k biweekly and a good daughter full of love..
@JustOk-q6m2 ай бұрын
Hello, I'm a Doctor from Scotland, how do you make such amount? I'm a born Christian but sometimes I feel so down of myself because of low finance but I still believe in God.
@mooremuller89372 ай бұрын
Making touch with financial advisors like *Janice Isaac Owen* who can assist you restructure your portfolio, would be a very creative option. Personal financial management will be crucial to navigating the next difficult times.
@AysyDyus2 ай бұрын
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
@Jesse-p7x4z2 ай бұрын
You are absolutely right, we also have lot's of expert, real ones with certificate and firms IDS out there waiting for investors to invest and experience the best of trade.
@BellaGurl-sg1ti2 ай бұрын
Waking up every 14th of each month to *210,000 dollars* it's a blessing to I and my family... Big gratitude to *Janice Isaac*
@AlOh-22 ай бұрын
That incompetent, she has to ‘change the rules’ to make it appear she has balanced the books 🤣
@martinmurphy96792 ай бұрын
Did you expect her to fix 14 years of pillage in three months?
@pads-zr9ln2 ай бұрын
@@martinmurphy9679pillage, there was no money and taxes haven't been higher
@martinmurphy96792 ай бұрын
@@pads-zr9ln Sorry, I can't understand your reply.
@fredmercury13142 ай бұрын
@@martinmurphy9679 Oh, yes, let's pretend there was no pillage before the Tories...
@dcoughla6812 ай бұрын
@@martinmurphy9679 Martin. Change the record. The spotlight is on Labour now they’re in Government. Stop living in the past.
@anthonyf78212 ай бұрын
With this woman in charge of the money, the safest bet is to short the UK
@moonlit_forest26802 ай бұрын
Let me guess, you like Liz Truss?
@anthonyf78212 ай бұрын
@@moonlit_forest2680 no I like sound economics. These decisions are certainly not that.
@r3negade472 ай бұрын
@@anthonyf7821 What 'sound economics' would you be recommending in the current cash strapped UK then?
@LA-fr7fx2 ай бұрын
Certainly not borrowing more, to waste. A drunk does not need another drink...
@johnhopkins88072 ай бұрын
@@r3negade47not anymore of our own money which is the main point these crooks are trying to fleece
@rh66262 ай бұрын
So Labour "follow the rules" according to Starmer; which, translates to "chamge the rules", in order to achieve our plans. Excellent
@ibrstellar10802 ай бұрын
They also plan to bring more anti free speech laws to lock up anyone who criticises them.
@imagecollections66652 ай бұрын
She said this was "fiddling the books" when she thought the Tories were going to do the same. The 1.6 million unemployed foreigners in the UK are costing £10 billion a year.
@jake7512 ай бұрын
🥱🥱🥱
@joper902 ай бұрын
10 billion.. 10 billion.. really..
@rosswjsteven5552 ай бұрын
The uk economy is worth 2.27 trillion pound. That is 2270billion. 10 billion as a percentage of 2270 billion is 0.44%. Less than half a percent goes to fund foreigners who are out of work. You're pointing down at desperate people instead of up at clowns who make way more than 10 billion in profit for running water companies and utilities that aren't fit for purpose. Hope you have a lovely day, bur please do think about who you'd be better off pointing this rage at 😊 P.s.: can you give me the link to probe the statistic of 10bn to u employed foreigners? I can't find it
@TheRexbassist2 ай бұрын
@imagecollections6665, where did you get £10 billion a year from?
@dom13732 ай бұрын
10 billion is bs
@Short_knowledge2 ай бұрын
So the uk spend year to date is 1.2ish trillion. - 600billion is individual people income tax. - 100 billion is corporate tax - 50 billion is council tax - 30 billion is taxable products - 15-20 billion is capital gains tax Then everything is subsidised under this. Average house they work out at 33k each year to take from but they spent a 44k from each household in the last year. Wonder why most people cant live?
@boredphysicistАй бұрын
Yeah thats not how tax works mate, government spending goes more directly back to the poorest strata Those struggling to live get more in benefits from the NHS, Police, Subisidised Roads, Child Benefits, State Pensions, Fuel Allowance... Than they spend in tax. Your solution would reverse the cashflow back to the wealthier strata, basically just increasing poverty and wealth inequality
@gareth4492 ай бұрын
If i had debts , the bank wouldn`t give me more money to be even more in debt , why are governments able to do this , this money will have to be paid back including the interest , which we are ALREADY having a problem paying back
@edmundblackaddercoc85222 ай бұрын
The ones above them allow it, (as it will have to be paid back with interest)and we know who they are.
@trytellingthetruth.20682 ай бұрын
Fiat currency such as the £ basically has no real value. Every time UK debt increases the £ becomes more worthless.
@mysterymaverick19822 ай бұрын
Well Zelenski has already defaulted on a loan from Dizzy Lizzy and we're still shelling out the cash to him.
@SteveeeeeeeeeeeeeFB2 ай бұрын
Read some of Mark Blyths books, Governments do not work in the same way household budgets work.
@The_Oracle_of_time2 ай бұрын
She's going to do what all Labour chancellors have done, drag the UK to its knees.
@lervish19662 ай бұрын
You can't rise until you fall.
@dcoughla6812 ай бұрын
@@lervish1966 No. We are just going to fall.
@jgmediting77702 ай бұрын
Try to deal with facts and not rich people’s propaganda.
@ginlane28672 ай бұрын
@The_Oracle_of_time why are you talking a load of rubbish, Britain is on its knees because of the last decade of Tory misrule, wake up and see the reality
@Shauney32 ай бұрын
@@dcoughla681no we aren't. Try educating yourself about politics before you comment
@rossspenser83142 ай бұрын
The UK is a place to avoid
@lervish19662 ай бұрын
Especially if you are ugly.
@JayHomes-h7c2 ай бұрын
The trouble with Communism is that you always run out of other people’s money 😅
@enjoysilence41462 ай бұрын
"Communism is when the government does stuff" tier analysis
@rosswjsteven5552 ай бұрын
You all realise that whether a government is communist, capitalist, or monarchy, they're using other people's money, right?
@robbyrogersberg15202 ай бұрын
Sounds like a BOT statement
@airingcupboard2 ай бұрын
I guess the banks should have learned that lesson in 2008.
@CoolSocialist2 ай бұрын
*You have no idea what communism is, silly comment. Red Tories.*
@wineweasel2 ай бұрын
£50billion extra for benefits might aswell send a ferry to pick them up from Calais
@tuleshshah15652 ай бұрын
@wyldwiisel9126 No wonder the councils don't have enough money and are getting poorer by the day. They can just about provide the services All the money is given out for benefits. This wasn't the case 20 yrs ago !
@airingcupboard2 ай бұрын
Should have actually watched the video. 50 billion in investments in public services to stimulate the economy.
@schrodingerscat18632 ай бұрын
@@airingcupboard You can't stimulate the economy by increasing government spending.
@CoolSocialist2 ай бұрын
*Nonsense figure you've just made up*
@fredmercury13142 ай бұрын
@@airingcupboard Public services don't stimulate an economy. _People having money to spend does._ That's means lowering taxes...
@kevinwilliams17682 ай бұрын
since I have been watching this channel from last year, I never realize on how hard things are in the U.K. I am really surprise.
@fredmercury13142 ай бұрын
Yeah, mass immigration of unskilled workers has screwed us.
@dcoughla6812 ай бұрын
They’re going to get a lot harder.
@bonditltd53462 ай бұрын
It’s very grim for most people. I’m shocked to see some people living in sheds as they are cheaper to heat!
@kevinwilliams17682 ай бұрын
@@bonditltd5346 wow sad
@kevinwilliams17682 ай бұрын
@@dcoughla681 🤔🤔🤔
@Benzknees2 ай бұрын
There's no free lunch. Changing the rules will push up everyone's borrowing costs, esp mortgages. Already today the rates have gone up. And higher rates mean less economic activity.
@user-im2te2fg9y2 ай бұрын
lets just rip up the red tape, whats the worst that can happen? oh we will find out that red tape existed for a reason....
@Benzknees2 ай бұрын
@@user-im2te2fg9y - There's always a 'good reason' for red tape, but surprisingly the country worked better without it! Like employment regulations, which created the HR industry, which is reckoned to cost the economy £15bn a year, essentially for nothing in return.
@mallarddaduck44462 ай бұрын
I'm getting a dinghy out of here!
@redpillnibbler44232 ай бұрын
Come back ashore - 5 star treatment - everything freeeee
@lervish19662 ай бұрын
Don't come back.
@davidberry1226Ай бұрын
Difference the French will send you back
@7bloke2 ай бұрын
Her rules are Tax up the Poor, Feed up the Fat.
@Shauney32 ай бұрын
If you are completely ignorant about politics then you might think that. Borrowing for investment into the UK's infrastructure is a win win. It's much needed. If you borrow for "tax cuts for the rich" like Boris Johnson did in 2017/18 or unneeded QE for things like Brexit or lockdown - then that is a short-term win, long term lose. We are swimming in long-term loses of the Tories at the moment. Finally Labour is turning the tables to short-term loss, long-term win. Sure we are going to have to foot the bill in the short term, but it's the ONLY way to long-term victory. It's so refreshing to see, even if you right-wing troll bots try to comment otherwise.
@edmundprice52762 ай бұрын
Rachel reeves, don't invest it in london, put it into small communities to encourage business and minimise crime
@LA-fr7fx2 ай бұрын
Londons pays the bills - never forget that 😊
@jonathanyoung46822 ай бұрын
@@LA-fr7fxNot anymore son. It's now a burden
@rosswjsteven5552 ай бұрын
Ok so. London IS the biggest single contributer to the economy.... but that is not really a good thing. Check out Economics Explained for his vids on why that is - none of this is meant confrontational btw.
@edmundprice52762 ай бұрын
@@LA-fr7fx London sucks up all the money, never forget that
@user-im2te2fg9y2 ай бұрын
@@LA-fr7fx only because thats where all the money gets sucked up to historically... how about cut london off as own country and let the rest of us level up
@tuleshshah15652 ай бұрын
Why doesn't Reeve think about the safety & welfare of British people first instead of dangling the carrot ! The wise will not invest in a sinking ship.
@commonsense5062 ай бұрын
And there we were waiting for an ingenious announcement to come forth in relation to the public purse - and what was it ? Reeves is going to borrow even more ! Well knock me down with a feather what a financial masterstroke ! 🤣🤣🤣
@robtecau49632 ай бұрын
She is starting to make Liz Truss look competent.
@luckyrobp2 ай бұрын
Actually it is coming out that the Bank of England were 75% to blame for the issues that truss got blamed for. My source - the bank of Englands own report.
@caravanstuff28272 ай бұрын
Liz was the only PM who tried to help working poor and welfare recipients with a handout to help with inflation costs of living on top of the winter fuel payment...she got rolled by the remainers in cabinet and the money markets and hedge fund managers with the help of the MSM.. ironic when Brussels man SUNAK got in he borrowed more than her and now labour is talking numbers quadrilateral her's and everyone's fine with it... the inconvenient truth is she would have been popular with the voters and the Tory party didn't want to stay in power so labour would win and push the UK back into the EU!!!.❤️🇬🇧
@janeknight35972 ай бұрын
And the investment plans are?? Tax receipts are to pay for day to day spending so what is the money being borrowed being used for???
@DavidEdwards-uf5lg2 ай бұрын
Why to give to the public sector, and their union voter base, that's what that gormless cow is up to.
@FloydTheBreathless2 ай бұрын
Arming Ukraine and housing millions of immigrants for free!!!!!! 🤡
@keeperofthecheese2 ай бұрын
Probably pour it into pointless endless projects like HS2.
@martinmurphy96792 ай бұрын
I expect she'll tell you next week.
@DavidEdwards-uf5lg2 ай бұрын
@@martinmurphy9679 yeah I wonder what that failed ex bank of England flop has in store for us.
@paulhopkins88872 ай бұрын
She can't even look after her own wrong doing i can't understand why she's not been forced to resign yet after all its what the people of Britain want .
@user-im2te2fg9y2 ай бұрын
all the political parties are full of chancers and people winging it, every one of them is out of their depth... almost all of them are nepo too
@James-tv4pl2 ай бұрын
Investing in public services and infrastructure is wrongdoing? The lack of investment is the reason the UK is in it's terrible situation... And when the government tries the fix it the people cry evil. Guess why we're never gonna get out of this hole?
@Rick-xp5sy2 ай бұрын
Labour needs a new cabinet that listens to the people, we’ll leave it to them to step up now.
@isaacjackson38012 ай бұрын
Which people? Most are dolts.
@jake7512 ай бұрын
Unfortunately we have blair 2
@timmo4912 ай бұрын
Get Labour OUT that's the solution these imbeciles should never have been voted on my god.
@moonlit_forest26802 ай бұрын
People are confused here. If Rachel committed to Austerity, the same people complaining would be mad that she is cutting spending but because she wants to invest, that is wrong? If she chooses Austerity, you all go mad, if she invests you are all still angry. Like she can’t win
@shanghaichica2 ай бұрын
Exactly this. She can't win. We've heard story after story about how Labour are planning to make all these cuts in the budget, raise taxes etc and people have been moaning about that. Now that the story is about investment and not cuts people are still moaning.
@jamietherooster2 ай бұрын
The reason we get tory 'austerity' (300 billion per year in welfare spending btw) is because labour come along and overspend and borrow each and every time. Taking from the invisible money tree is all they are good for, and when they can't take anymore they've got nothing to bribe people with and we get the 'nasty tooooorries' again. We are still paying off Gordon Browns PFI.
@DavidEdwards-uf5lg2 ай бұрын
@@moonlit_forest2680 invest in what though? Liebours union paymaster's?
@moonlit_forest26802 ай бұрын
@@shanghaichica Exactly. She was going to cut spending, but people complained so Rachel is now going to invest. We have people still complaining about that. Like this woman literally can’t win
@seesidesummerhouse61122 ай бұрын
Theres a bit of circular logic here. Austerity itself is not inherently bad, cutting spending to lower / eliminate the deficit and/or lower taxes is a proven method for economic growth. If Reeves wants more money to spend, she should either raise taxes or free up budget with cuts. Fudging the numbers to borrow more is terrible policy.
@MrDead19752 ай бұрын
"invest" meaning pissing away billions on vanity projects that deliver nothing of use
@ally114882 ай бұрын
Austerity means trying to get meat from a carcass when it's obvious it's a skeleton.
@migsteeleАй бұрын
Sounds like Brexit…
@KG987602 ай бұрын
If any country did invest in Britain.. they would use the money to keep all these immigrants here.. which they seem happy about..
@mahuanhit2 ай бұрын
Rachel said Tory spent as if no tomorrow, this borrow increase is also borrow like no tomorrow. What’s the difference?
@Johng562 ай бұрын
They still happy to have their heating bills paid by old age pensioners tax???? SHAME ON YOU MRS
@warrena.71792 ай бұрын
Labour is always borrow and spend!
@ginlane28672 ай бұрын
@warrena.7179 we need to invest in our future, or everything will go downhill, the Tories didn't invest the last 10 years and now we can see the problems it has caused
@yesmate782 ай бұрын
@@ginlane2867don't be gullible
@BocaoZ2 ай бұрын
There is nothing wrong with borrowing if it is done to generate investment.
@davidberry1226Ай бұрын
And tax anything that moves
@sammym92592 ай бұрын
Quality of LIFE decreased with tins and no money to LIVE healthy meaning more increase to mortality 😢😢😢
@andrewgoodall21832 ай бұрын
Both journalist and politician might as well have been just saying merrr merrr merrr merr during that interview . What waste of some minutes I'll never get back that was
@HEllo-x9d7i2 ай бұрын
In other words, selling the country to the highest bidder
@kirishima6382 ай бұрын
So will she give pensioners the cooked books to keep them warm in place of the heating allowance?
@martinmurphy96792 ай бұрын
Hancock culled thousands of them.
@chrisk96462 ай бұрын
Stupid ignorant woman thinks we have forgotten the last time Labour was in power, and they left a note to the Conservatives, which said, "The coffers are empty. Good luck " That shows what they thought about our country and the British taxpayers.
@jgmediting77702 ай бұрын
Don’t be so ignorant.
@Skeletash2 ай бұрын
Oh my god man the flippin note from 2010 It was supposedly a long running joke from days of Clement Attlee that David Cameron spun to push for austerity. 14 years ago christ!! Let it go
@ginlane28672 ай бұрын
@chrisk9646 stop whinging Chris
@Atypical-02 ай бұрын
Well you've clearly forgotten the last 14 years mate so you have forgotten something. Go retire
@HappyAwesomePower2 ай бұрын
You’re not very clever are you Chris.
@billyponsonby2 ай бұрын
Taxation on education is an astonishingly regressive policy. It smacks of vindictiveness particularly timed so odd in Jan.
@NotMyRealName12 ай бұрын
They are businesses, the wider education sector will benefit as a result. Pretty basic, do you not understand that?
@jamesgray82502 ай бұрын
Politicians shouldn’t be paid at all. They do the job to serve the country not fill their pockets.
@fumanchu97012 ай бұрын
Maybe stop funding wars abroad and that £22B will be plugged far quicker
@DarrenSmith-tq2xz2 ай бұрын
The government need to cut spending by at least 60 percent
@maxthemagitionАй бұрын
One thing the government won’t touch is trusts which enables the rich to avoid paying inheritance tax.
@10percent_for_the_big_guy2 ай бұрын
Great..she taking advice from a woman jointly responsible for turning Americas economy upside down I’m off to Australia
@martinmurphy96792 ай бұрын
Bye
@jonathanbowen36402 ай бұрын
No you're not, you're staying here and continuing to moan.
@brelshar49682 ай бұрын
Not sure why we are hearing about spending plans from Washington.. did something change?
@david-c7i7tАй бұрын
The 35% or so of the current UK population in technical poverty are looking to the Labour Government to improve their standard of living, healthcare and housing. And help many out of increasing debt. The conservatives ignored us for 15 years, despite lots of promises and claims that austerity (actually caused by their rich, greedy friends) was only temporary. There needs to be a drastic redistribution of wealth, which should fall on those most able to afford it. The difference in the quality of life between households with an annual income of 30k and those of earning 130k and above is substantial. Over the years, the Tories have , under Thatcher, introduced a series of "stealth" taxes such as council tax , water charges, sewerage charges, and increased gas and electricity charges (who can remember their grandparents having a tin with shillings (5p) to put in the gas meter?), Rents have been allowed to reach ludicrous levels which now actually exceed the state pensions. It used to be that you could get housing benefit if your rent was higher than one third your weekly income, but the Tories took this away. All this has severely impacted on those in the lower quartile of earners. It's time for Labour to show what they can do, or they will be out on their ear next election with little chance of winning another election.
@RenzoTravelsTheEarth2 ай бұрын
Rachel Reeves cant budget more than £10 for a haircut...
@billyponsonby2 ай бұрын
Hahaha thanks bud
@NotMyRealName12 ай бұрын
Pathetic
@James-yp7jm2 ай бұрын
I think that looks like a £2 haircut
@NotMyRealName12 ай бұрын
@@James-yp7jm all the talk of haircuts - best leave politics to the grown ups 👍
@James-yp7jm2 ай бұрын
@@NotMyRealName1 If you’re a Reeves or Labour supporter you have much growing up to do yourself
@luckyrobp2 ай бұрын
She has huge respect for the Bank of England yet according to their own report, they are 75% to blame for the problems at the time.
@BMack-p9s2 ай бұрын
What deficit?! Not sure I believe there is one, we all pay enough tax on 'everything'. I call BS
@ImnotreallyfrankАй бұрын
Reflecting on the pivotal decisions necessary to drive the United Kingdom forward, it’s evident that the current trajectory poses serious economic and social challenges. The UK has been mired in a cost-of-living crisis and surging inflation since late 2021, compounded by pressures from the global energy market and the economic impacts of the COVID-19 pandemic. Yet, these challenges have been exacerbated by the aftermath of Brexit, which stripped the nation of benefits such as frictionless trade, streamlined regulatory standards, and an integrated labor market. While some drawbacks of EU membership were mitigated, it’s increasingly apparent that the government at the time failed to establish a robust, forward-thinking strategy to capitalize on this newfound independence. Since Brexit, the UK economy has struggled, evidenced by unprecedented levels of national debt and sluggish growth. Instead of leveraging Brexit as a launchpad for innovation and trade diversification, the government appears to have underestimated the structural adjustments required, and today, we see the tangible consequences. Public debt has skyrocketed, without clear progress toward economic resilience. Meanwhile, essential public services-chiefly, the NHS-face acute strain. Established in 1948 to provide universal healthcare access, the NHS remains one of the UK’s most treasured institutions. However, current resource allocation and staff shortages have led to shocking limitations in healthcare access. Taxpayers contribute billions annually to sustain this system, yet many experience prolonged wait times and barriers to care that are disproportionate for a country of the UK’s stature. The United Kingdom has long been considered a global leader, but without decisive, calculated reforms, the nation’s standing risks further erosion. Strategic planning and judicious economic choices are needed to navigate this period of hardship with a view toward long-term sustainability. I would gladly accept temporary austerity if it meant that, in the long run, the UK could regain its footing as a self-sufficient, competitive power on the global stage. However, continuing along the current path, without an endgame beyond mere survival, offers little promise for the future. Real change requires a vision that looks beyond the short term and focuses on rebuilding the nation's foundations for enduring strength and prosperity.
@colinnewman89432 ай бұрын
Still going on about 22 billion show the British people this black hole LIER
@RelationalDatabase-us7fr2 ай бұрын
3 mins 50 - NONSENSE! They last Government did balance the day to day spending (incl interest on the national debt). The annual deficit planned for this financial year was less than the planned total spending on capital items.
@UKsoldier452 ай бұрын
Fiddling the rules to go bankrupt. Financial credibility and reputation will be at rock bottom. Interest rates will be much higher. Guess who pays! Recession here we come!
@fredmercury13142 ай бұрын
_You will own nothing and you will be happy._
@theresapierce3934Ай бұрын
Typical Labour answer, BORROW and keep on BORROWING.
@sammym92592 ай бұрын
These churches we go to as parents are a life saver❤❤❤❤
@lervish19662 ай бұрын
Church of Satan?
@rossspenser83142 ай бұрын
Dreadful woman supported by Peter Kyle MP for Hove .Dont vote him back in please
@stephenbrown42112 ай бұрын
Borrow and spend will lead to more holes than ones that filled the Albert Hall. At least the next non Labour government will have proof where the black hole came from.
@DarkLordJabba2 ай бұрын
this can only be a good thing. the "fiscal rules" are completely bunk.
@RelationalDatabase-us7fr2 ай бұрын
Corruption of the language: Spending on day to day activities is not Investment. Investment normally relates to capital items such as buildings, military equipment, new hospitals, hospital monitoring equipment, new roads, new railways etc.
@shamanahaboolist2 ай бұрын
Authentic as a £3 note. As useful as butter teapot.
@matty5062 ай бұрын
Average of £2k a year has got to be lower than the most common no? If the interest rate has gone up 3% thats £3k extra on every £100k of debt and houses are costing £250k+ so £7.5k just on mortgage plus everything else on top. Household outgoings increasing by maybe £10k a year or more. And you get nothing extra for it.
@hn95982 ай бұрын
So they are looking to raise taxes to cover the debt from the previous government and then borrow a load more money
@AlbertMartin-p8d2 ай бұрын
Definitely doomed
@ibrstellar10802 ай бұрын
That is the plan and build back better is code for 666.
@lervish19662 ай бұрын
Your brain is doomed
@stevejj1212 ай бұрын
We are so screwed 😢😢😢
@lervish19662 ай бұрын
That's your perception.
@stevejj1212 ай бұрын
@@lervish1966 you,ll see
@lervish19662 ай бұрын
@@stevejj121 The darkest hour is just before the dawn.
@stevejj1212 ай бұрын
@@lervish1966 🤣🤣🤣🤣🤣🤣
@david698692 ай бұрын
The 22 billion black hole is nonsense, and all labours doing! This reckless
@BMack-p9s2 ай бұрын
Yeah I dont believe it either; time to change this narrative
@slimjim76872 ай бұрын
love the way she keeps saying she wants to do what's in the best interests of Britain not the UK, looks like N. Ireland is on its own.
@curiouscynic43572 ай бұрын
Government funded investment is almost always a bad performer with its inherently incompetent bureaucracy.
@James-tv4pl2 ай бұрын
Investment in infrastructure and public services indirectly improves the performance of every other sector of the UK. That's why it's a worthwhile investment, even if it's not directly a good performing investment
@jgmediting77702 ай бұрын
Why not ignore facts for nonsense eh.
@Tedmason8972 ай бұрын
I don't know why they didn't consider you a top candidate for that incompetent bureaucracy, It seems you're are rather good at incompetent analysis.
@curiouscynic43572 ай бұрын
@@Tedmason897 😄 70% of these would be sacked!
@curiouscynic43572 ай бұрын
@James-tv4pl It is not just about infrastructure but investing in manufacturing which employs relatively semis killed with rational welfare system and not free for non performers.
@JimBanksy2 ай бұрын
Are you suggesting that they borrow, only to channel it into the labor business and then disregard the people, feigning assistance? Requesting a loan despite all the budget cuts is quite perplexing indeed.
@davidcorden2 ай бұрын
When u raise NI in employers then employers cut the numbers of people to pay for it. All taxes impact working people. Stop spending money and take your boot off of our necks.
@chriso84852 ай бұрын
2.30 mins in and we still don't actually know what she is going to do
@Colin-j4f2 ай бұрын
I’m worried that if national insurance for employers is increased then next year I won’t get a pay rise
@bakednerd2 ай бұрын
The degredation and disassembly if our nation isn't cheap man, someones gotta pay for it.
@euphemism1Ай бұрын
Good. The only way out of slow growth is investment in infrastructure
@spencerhulme12032 ай бұрын
From one black hole to another! The best advice for everyone is to try and better the equality of your life, for those that can go to college or University and pick a subject that makes money! Best of Luck
@ryannewby4472 ай бұрын
Borrow and borrow and borrow.... Support illegal wars, pay for illegal immigrants and support those who can't be arsed to work, or steal... That's Labour. Evil
@LA-fr7fx2 ай бұрын
Agree, this extra £50 billionn will simply be wasted and increase the debt interest bill😊
@martinmurphy96792 ай бұрын
The only growth we've had over the last 14 years has been in the food banking sector. Now that is evil.
@JM-xm6hd2 ай бұрын
When you can go from being solvent, to being in deficit to being into a surplus within a month. It just shows they can find it when they want to be criminal.
@Glorycarriers7772 ай бұрын
To Borrow is a mistake. We don't want to be owned or indebted
@DavidFletcher-b5n2 ай бұрын
We need to see a return on investment otherwise do not spend what you have not got.
@martinmurphy96792 ай бұрын
We are in a spiral 14 years in the making. Do you think we should just carry on like the last lot?
@DavidFletcher-b5n2 ай бұрын
@@martinmurphy9679 I did not say that at all but I do not believe in schemes like carbon capture I do believe in investing in the Small Module Reactors which would be made in England and each one will produce enough electricity to power a city the size of Leeds. I’m afraid this winter if it is cold we will see black outs due to lack of our own gas and electric.
@pooflakes12 ай бұрын
Borrowing to invest is probably the right thing to do tbh...
@kennethoram42922 ай бұрын
Straight from the Gordon Playbook, continue to borrow to invest and hope that produces more Tax income to make the interest payments on the borrowed money. Not a new idea.
@West1Think2 ай бұрын
Discussing finances with the Janet instantly means it's game over & all is lost
@philbarnes66782 ай бұрын
I suppose when you inherit such a massive debt you need to find a way to manage it.
@sammym92592 ай бұрын
I only have ONE and struggling
@caravanstuff28272 ай бұрын
Say one thing to get in to government..say another when in government...and we keep falling for it " EVERY TIME "!!!.💔🇬🇧
@BMack-p9s2 ай бұрын
Its not that we fall for it, it's more we have no choice, dammed either way. time for reform. Remove their parliamentary voting rights to start, we have the tech, we can vote on policy ourselves, removing the snakes and corruption.
@dafyddthomas72992 ай бұрын
Could work - Bit like US and late 20's to spend and build out of deep recession but still need to make more / take more in taxes than spending in the end
@DavidEdwards-uf5lg2 ай бұрын
Reeves reminds me of that poster in London in the seventies, it read, " you can now borrow enough money to get completely out of debt" lol
@edmundblackaddercoc85222 ай бұрын
@@DavidEdwards-uf5lgif you want your loan repayments to last 237 years😂😂
@martinmurphy96792 ай бұрын
@@DavidEdwards-uf5lg We are nearly 3 trillion in debt due to the last bunch of charlatans. What do you suggest?
@pads-zr9ln2 ай бұрын
Your economic knowledge is as bad as your history
@pads-zr9ln2 ай бұрын
@@martinmurphy9679go back in time and not shut down for the coof
@bonnieo9102 ай бұрын
She has no idea what she’s doing.
@xel2k6152 ай бұрын
I love her ❤
@ginlane28672 ай бұрын
and what about cynicism?
@Noproblem2242 ай бұрын
Gold is going ballistic for a reason.
@Chris15532 ай бұрын
This clot is going to F U this country for decades !!
@zainzoala10832 ай бұрын
Forget about IMF . Why can’t they not use the War Money Tree 🌳 .
@stephenobrien59092 ай бұрын
Having you in charge would nearly as bad as having her with her hands on the purse strings.
@piper0811472 ай бұрын
Why can't they use the Foreign Aid, and Net Zero money trees?
@ibrstellar10802 ай бұрын
Why not stop fighting wars for a bunch of Sabbatean bankers.
@sea-saw26542 ай бұрын
Trouble with autumn budgets.. there is not much left on the tree..
@bonditltd53462 ай бұрын
Wow, I’m shocked - Labour increasing debt, taxing higher earners & the middle class. We’ve not seen that before right ?! I wonder when they’ll increase money printing to increase inflation & subtly tax everyone.
@GilesBathgate2 ай бұрын
Why was she comparing fruit to pizza?! 150g Fresh raspberries ~£1.90, 500g Frozen summer fruits ~£2.65 So the frozen fruits are over half the price, they will last longer and are better for you.
@lervish19662 ай бұрын
How much for apples?
@GilesBathgate2 ай бұрын
@@lervish1966 350g Frozen Sliced British Bramley Apples ~£2.20
@liam-jamesАй бұрын
What’s the point it making rules you can brake. Thats not a rule is it.
@leebailey2292 ай бұрын
😂😂😂😂 WORST place to invest.
@DavidEdwards-uf5lg2 ай бұрын
@@leebailey229 that's why all the big investors are doing one.lol
@johnswift17362 ай бұрын
Wants more investor but they are not allowed to make money.
@evacarr-arden7852 ай бұрын
Politician are self serving and their bank account and social class comes first and then the public civilans they serve comes last. With them its all words.
@richardcopeland59342 ай бұрын
Rachel Reeves isn't changing the rules. She's bending the rules with clever accountancy manipulation.
@jonathanbowen36402 ай бұрын
It's not that clever, many countries do the same. It's a pretty normal approach.
@Skeletash2 ай бұрын
The rules are self imposed. Gordon Brown came up with them & set his & every chancellor has since.
@GonzoTehGreatАй бұрын
The rules are made up anyway, for political, not economic reasons. They deserve to be broken, especially if this leads to economic growth.
@MyMargo1112 ай бұрын
Got to the point where I can’t bare to see their faces.
@lervish19662 ай бұрын
You will see them in your dreams.
@AbigailBrown-wk7xl2 ай бұрын
Labour need to go
@jevaughnclarke65722 ай бұрын
Torries cut social spending , cut taxes , borrowed and the rich benefitted. Labour plans to borrow to invest in its populace. These are things you cant quantify. One thing is for sure a safe , healthy and prosperous country will always be a place where you would want live . Given them a chance