I work for the #NHS, manual labour collecting bins, removals, recycling etc. I work full time.
Even with the Government's proposed 6% pay-rise its not enough for a mortgage, the food price rises etc. I'm making ends meet by living with my parents (at 46). Not ideal!! I also changed my hours so I work double hours at weekends, bank holidays etc.
All of our team struggle financially, even those married to nurses etc.
#UKcostofliving #costoflivingcrisis #ukeconomy #workingclass #working
#working #workingclass #UKeconomy #Costoflivingcrisis #ukcostofliving #nhs
Why @FT do you think consumers borrow more because they are optimistic? The personal loan part is more likely a result of the cost of living crisis.
#CostOfLivingCrisis #UKEconomy
#Costoflivingcrisis #UKeconomy
Excellent article by Peter Foster and colleagues in the FT today, on the crisis facing UK universities #Universities #UKPolitics #UKEconomy https://www.ft.com/content/0aca64a4-5ddc-43f8-9bba-fc5d5aa9311d
#universities #ukpolitics #UKeconomy
Amazing exposé of the OBR by Richard Murphy. https://www.taxresearch.org.uk/Blog/2023/07/15/why-the-obrs-view-of-the-economy-is-so-wrong/
#BankofEngland #ONS #OfficeofBudgetResponsibility #OBR #Statistics #Treasury #UKeconomy #GovernmentDebt
#governmentdebt #UKeconomy #treasury #statistics #OBR #officeofbudgetresponsibility #ons #bankofengland
25-minute analysis:
How did #UKEconomy achieve highest inflation rate and lowest growth among G7 countries?
As well as surging interest rates costing many households 100s of pounds/month?
There's austerity & COVID-19, but in end: "It's #Brexit, Stupid"
#UKeconomy #brexit #brexitshambles
EA on Voice Of Islam Radio: The UK's Declining Economy
#UKeconomy #brexit #inflation #interestrates
25-minute analysis:
How did #UKEconomy achieve highest inflation rate and lowest growth among G7 countries?
As well as surging interest rates costing many households 100s of pounds per month?
There's austerity & COVID-19, but in end: "It's #Brexit, Stupid".
#UKeconomy #brexit #brexitshambles
EA on @VoiceOfIslamUK: The UK's Declining Economy
#UKeconomy #brexit #inflation #interestrates
This is just another Brexit dividend (never more appropriate the term)… https://mastodon.social/@axios/110618231152059647
#brexit #brexitdividend #UKeconomy
UK economy in growth ‘doom loop’ after decades of underinvestment | Economic growth (GDP) | The Guardian
https://www.theguardian.com/business/2023/jun/20/uk-economy-in-growth-doom-loop-after-decades-of-underinvestment
#UKEconomy
#DoomLoop
#UnderInvestment
#GDP
#InstituteForPublicPolicyResearch
#OECD
#G7
#IPPR
#UKeconomy #doomloop #UnderInvestment #GDP #InstituteForPublicPolicyResearch #oecd #g7 #ippr
Alert: Yet another potentially silly question.
If raising #ukinterestrates is supposed to be helping the economy, why does it have to make it worse for most people already suffering from #costofliving crisis? #ukeconomy
#UKeconomy #costofliving #ukinterestrates
Capping food prices will just lead to even more farmers squeezed out of their livelihoods and more shortages. If you want to address the issue rejoin the single market and increase benefits.
#CostOfLivingCrisis #UKGovernment #UKEconomy
#Costoflivingcrisis #ukgovernment #UKeconomy
The UK’s new semiconductor policy involves support of initially £200m. Put that against Biden’s $52B. If only we could be part of a big push within a huge market on our doorstep. Maybe we could call it a single market?
#UKEconomy #UKGovernment #industrialpolicy
#UKeconomy #ukgovernment #industrialpolicy
Will anything revive UK productivity? | Financial Times
A good long read about productivity challenges in the UK.
[probably under paywall]
Interestingly, “the most far-reaching change — the widespread adoption of hybrid working — does not seem to have helped or harmed productivity to a significant degree, measured as output per hour worked.”
https://www.ft.com/content/0bad26d0-92a3-4f70-8ae3-9dff6c77d8f1
Normal Island News
UK set to be worst performing economy in G20
This is the latest benefit of Brexit!
#NormalIslandNews #UKEconomy #UKGovernment #UKTories #brexitfailure #brexitchaos
#brexitchaos #brexitfailure #uktories #ukgovernment #UKeconomy #normalislandnews
So the true culprits of rising inflation are businesses? 🤔 i guess they don't have to buy their products from anywhere and import them? they just grow everything themselves out of thin air to sell to consumers? How did Andrew Bailey qualify for his top job? 🤔 🤔 🦄🦄 #UKeconomy
there's always cash to pay for whatever they want. This country is bleeding taxpayer money and racking up eyewatering debt. Yet there's only cash for the projects the govt wants to pay for. Not the projects the country needs. #ukpolitics #getthetoriesout #ukeconomy
#ukpolitics #GetTheToriesOut #UKeconomy
How Energy Privatisation is Bankrupting Britain
#UKenergy #ukeconomy #ukpolitics
#ukenergy #UKeconomy #ukpolitics
Is postponing infrastructure that is badly needed to increase productivity part of the UK’s growth plan?
#Growth #UKChancellor #UKEconomy #UKGovernment #HS2
#growth #ukchancellor #UKeconomy #ukgovernment #hs2
"Many British companies make their profits outside the UK or provide services so essential they know the government will step in to cover consumer bills"
Prof Brett Christophers on why the #UK has wage stagnation while profits are soaring.
#wages #UKeconomy #ukpolitics #economics #UK