Rachel from accounts

Not looking good for the UK:

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In a scathing column published this week, Lynn argues that Labour’s Chancellor has squandered the strong economic position she inherited, with spiralling borrowing, soaring public sector costs, and faltering tax revenues pushing Britain into dangerous territory.

You are kidding the conservative press is spreading misinformation? No way! Way?

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I’ve been looking at a few figures.

We are currently paying £100 billion a year in interest on its debt. That is the equivalent of 15p on income tax for a year.

The state pension is becoming unaffordable. In ten years the state pension will exceed all the monies from National Insurance (job’s tax).

Broken Britain!

The USA will follow as the US dollar’s demise continues.

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Dear Divest,

Or you guys could up taxes and have a factory build out as Labour wants.

What do they say? “Why up taxes? Then the country would come first”.

Oh by the way after all your austerity etc…you still need to raise taxes. If you could be allowed to screw up the Gilt market again.

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What austerity?

From the article:

According to Lynn, the UK borrowed a staggering £151.9 billion over the past 12 months – £20 billion more than the previous year and significantly above the Office for Budget Responsibility’s forecasts.

We are heading for 1976 again:

The Liz Truss sort of austerity if the conservatives came back to power.

Are they a new political party :slight_smile:

They will be when I learn to spell.

LOL

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