Hopefully this means they will cut interest rates again
Glass-Amphibian-3943 on
Wow it’s almost like decades of Neo liberalism has destroyed this country and making our country hyper capitalist instead of a mixed planned and market economy is terrible and has literally killed people here
Salty-Bid1597 on
> Wage growth in the private sector has slowed to its lowest rate in five years, while public sector wage growth remains elevated
Pretty much all you need to know about why the UK economy is behaving as it is.
Buttermyparsnips on
Hasn’t employment fallen every month since labour got in
PleaseSpotMeBro on
I don’t know how sustainable this will be. It’s not like bills reduce in cost along with employed people falling.
geniusgravity on
Starmer’s outriders: “Here’s how its the fault of the Tory party.”
Specific_Mirror_4808 on
This isn’t uniquely a UK problem. The global economy is faltering due to the biggest economy acting incredibly erratically. Add in the uncertainty that AI/automation has caused and it’s a wonder that any companies are investing in ambitious growth plans.
Realisticopia on
Ah so this is why productivity has increased. Almost had me!
siknote78 on
Human greed will always be the biggest problem regardless of system.
tylerthe-theatre on
There really are no signs it’s going to get better, horrible job market and AI hasnt truly hit in a meaningful way yet
Nodistractzens on
Somehow, we lost the path, it’s like we dissolved the status quo yet not the ego.
brianandersonfet on
This isn’t remotely surprising. If you tax something you get less of it. You increase taxes on employment, you will get less employment.
Also regardless of some of the social good Labour do when they’re in power they do tend to oversea a period where employment drops overall.
bigdaddyinc on
Oh no wait a min, I was told economy was “getting better” and is “turning the corner”??
zante2033 on
So much conflicted reporting at the moment. Some sources say there’s a huge spike in production but fail to state whether theat equates to more employment. Others say the downward trajectory continues (and how could it not in light of Brexit)?
We’re a backwater country with no ideas or ambition, entirely focused on self-sabotage. If we’re not distancing ourselves from the EU, then we’re trying to make deals with a corrupt dictator overseas.
We need to enforce regulatory frameworks to avoid corruption and exploitation but we don’t have the excess GDP to do so. Farage has set us back decades and perhaps cost us thousands of lives as far as NHS funding is concerned.
What’s the end game? Is THIS the end game?
Who thought it would end any differently?
We need to stop platforming his ilk and make them face real consequences.
14 Comments
Hopefully this means they will cut interest rates again
Wow it’s almost like decades of Neo liberalism has destroyed this country and making our country hyper capitalist instead of a mixed planned and market economy is terrible and has literally killed people here
> Wage growth in the private sector has slowed to its lowest rate in five years, while public sector wage growth remains elevated
Pretty much all you need to know about why the UK economy is behaving as it is.
Hasn’t employment fallen every month since labour got in
I don’t know how sustainable this will be. It’s not like bills reduce in cost along with employed people falling.
Starmer’s outriders: “Here’s how its the fault of the Tory party.”
This isn’t uniquely a UK problem. The global economy is faltering due to the biggest economy acting incredibly erratically. Add in the uncertainty that AI/automation has caused and it’s a wonder that any companies are investing in ambitious growth plans.
Ah so this is why productivity has increased. Almost had me!
Human greed will always be the biggest problem regardless of system.
There really are no signs it’s going to get better, horrible job market and AI hasnt truly hit in a meaningful way yet
Somehow, we lost the path, it’s like we dissolved the status quo yet not the ego.
This isn’t remotely surprising. If you tax something you get less of it. You increase taxes on employment, you will get less employment.
Also regardless of some of the social good Labour do when they’re in power they do tend to oversea a period where employment drops overall.
Oh no wait a min, I was told economy was “getting better” and is “turning the corner”??
So much conflicted reporting at the moment. Some sources say there’s a huge spike in production but fail to state whether theat equates to more employment. Others say the downward trajectory continues (and how could it not in light of Brexit)?
We’re a backwater country with no ideas or ambition, entirely focused on self-sabotage. If we’re not distancing ourselves from the EU, then we’re trying to make deals with a corrupt dictator overseas.
We need to enforce regulatory frameworks to avoid corruption and exploitation but we don’t have the excess GDP to do so. Farage has set us back decades and perhaps cost us thousands of lives as far as NHS funding is concerned.
What’s the end game? Is THIS the end game?
Who thought it would end any differently?
We need to stop platforming his ilk and make them face real consequences.