Has Rachel Reeves found a money tree this afternoon??

She’s thrush cheque book about today by looks……..

Surely this erratic behaviour of her and Starmer doing u-turns can’t keep going on?

A think even the most hardened Labour voters must be thinking wtf are they going to do next

 

What would your choices have been, Judith?

 

Mr K…….I have absolutely no sodding idea I’m not running the red briefcase, I try to take not much notice if I’m been honest and stay in my own daily lane with my wife and kids…….bits I do read/watch just se somewhat knee jerk at times

 

There’s always a money tree for a fiat currency producing economy. Politicians all lie about it.

 

What would your choices have been, JV?

 

What would your choices have been Mr K?

 

Changes to spending rules were previously announced to differentiate between day to day spending and investment. Austerity proved that stopping investment is a false economy, because eventually everything stagnates. By building houses and nuclear power plants you will get a return on investment, the public will benefit from cheaper energy bills and housing costs and spend that extra money elsewhere in the economy. All of this should have been done years ago when interest rates were less than 1%, we'd be much better off today if it had.

 

The worst decision in the last twenty years was the hard stop from Gidiot to Browns Keynesian stimulus.

There have been some shocking decisions since then, but none have had as big an impact on our economy than that, obviously it was compounded by the contemptible brexit deal, but diving headlong into austerity from a successful growth stimulus package was ideological insanity.

 

Haha! Defence, health, local government. Having introduced it, I wouldn't have rowed back on the WFA cuts. That said, I think it was a misstep at the outset. I think trying to tame the welfare system needs to be maintained, but with better communication (i.e. why it will bankrupt us if left untamed.)

 

Labour have a lot on their plate. They have lost all control of the boats and unemployment is at a four year high.

 

Whatever labour do.

 

People will say but brexit or the torys never got them under control.
Fact is starmer gave it the big one and said he was going to get them sorted he's done nothing. Not surprised unemployment is up with his last budget. Anyway last from me not getting into it with kier and his minions.

 

you already have kidda.

14 years of Tory chaos and Brexit have landed us where we are now, don’t like it… tough the truth is a bitter pill sometime.

 

What about Kemi's minions? Or are you under Nige's spell? No probs, either way, Mr RR. We all dance to somebody's tune?

 

14 years of Tory carnage and chuck in brexit too, why haven't Labour sorted it all out in less than a year. Bunch of wasters

 

They really can't win can they?

They try save money to invest elsewhere and they are making a huge mistake and they they spend some today and it's where's the money coming from?

I think they have had a shaky start but seem to be finding their feet now and what was announced will support the economy long term.

Young people should get more opportunities through training with houses and infrastructure projects to support.

Steel that was saved again will be at the heart of lots of projects securing its long term future.

Energy security is being addressed.

After years of the last lot running everything down today's announcements were very welcome.

 

Definitely wouldn't have rowed back on the WFA, but thank christ that somebody somewhere has woken up to the fact that transport and infrastructure investment is the route to growth. It's been at least 20 years - arguably closer to 40, when you include Prescott being one of the worst offenders.

 

Unemployment is at a 4 year high, but at the same time the number of people employed has increased by 667,000 since the same period in 2024.

 

https://www.theguardian.com/business/2025/jun/10/uk-unemployment-wage-growth-rachel-reeves

https://www.bbc.com/news/articles/cp92edelzero

I said at the time the budget was a bad one at the time.

 

Pretty hilarious how all the lockdown enthusiasts on here are wilfully ignoring its impact in their (otherwise fairly reasonable) analysis of what's gone wrong with the economy.