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Posted on 09/04/2025 7:15:39 AM PDT by MinorityRepublican
There's no doubt it's been a miserable week for the U.K. government, with Prime Minister Keir Starmer and his ministers coming under increasing pressure as investors question Britain's fiscal, economic and political future.
A global bond market mini-meltdown on Tuesday brought the yield on the U.K.'s 30-year gilt up to a level not seen since 1998, also hitting the British pound and adding to the Treasury's fiscal headache ahead of the Autumn Budget. And Starmer's deputy — and housing minister — is facing calls to quit this week after she admitted underpaying tax on a second home.
Deputy PM Angela Rayner defended herself, saying she acted on expert advice when buying her seaside apartment, but that's cold comfort as the U.K. government struggles to inspire confidence and trust in voters — with the government's approval ratings in the doldrums — and investors.
Click here to view interactive content While not alone in experiencing bond market volatility this week — with global yields rising among major economies as investors worry about the inflation trajectory, yawning budget deficits and growing debt piles — confidence in the U.K. has been dented by concerns over the country's particulars.
Doubts have mounted over Finance Minister Rachel Reeves' ability to balance the budget and bring down the national deficit, which hit 4.8% in 2024, as well as the country's debt pile of around 96% of the GDP, at the last reading in July.
(Excerpt) Read more at cnbc.com ...
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Another win for the globalists.
The frightening thing is this Labour government does not have to call an election until 2029.
Spoiler alert: That story has no happy ending.
As usual the “leaders” buy homes on the ocean while telling us “climate change” is going to cause the ocean to flood the shore....
This article is focused on Labour creating problems, which is true. But never forget that the lead-up to the crisis was under the “Conservative” government that set the stage for Labour to take the country over the cliff. Neither party has any credibility.
“As usual the “leaders” buy homes on the ocean while telling us “climate change” is going to cause the ocean to flood the shore.”
“Say, nice little beach house you have there; too bad ‘climate change’ will put it underwater in a couple of years, but because i’m such a good guy, i’ll buy it from you if the price is right.”
The British Ruling Elite has sold the place out to the Islamicist invasion.
Where can the good Brits go?
Not USA or Canada, USA imported the same dangerous element for years and so far has not repatriated any. Canada’s Ruling Elite is dangerous in its own right and continues to import Islamicists, too. The continent, other than Hungary and Poland, are in as bad or worse shape as UK.
We pray for the good British people who did not support the treason of their rulers.
The UK is done. Every ‘’talking head’’ and ‘’intellectual’’ over there says the same thing. Finished. Kaput. The sun has set on The British Empire.
It’s so bad they’re BEGGING Trump to ‘’save us Donald Trump!’’.
They don’t even have the decency to address the man properly.
Pathetic state of affairs in Britain.
Conservatives blew it when they jettisoned Enoch Powell. it was too late for even Thatcher to save it.
You Tube is full of these videos.
When they get here they're amazed at America's size, material bounty, freedoms and , of all things. Walmart.
The Brits just LOVE Walmart.
I travel to Spain a lot and I’ll take El Corte Inglés over Walmart, any day of the week.
ha!
Walmart!
well, walmart is an experience, to be sure
(we are a bit too far from a store, though we occasionally order from them online... wish that Sam Walton were still around running the place, though, his kiddies are not good at it and not on my political appreciation list)
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