
Government acknowledges ‘severe’ economic impact of Brexit
Reeves said Brexit is partly to blame for the estimated £50bn blackhole in the economy that she is likely going to have to address at her autumn budget.

Reeves said Brexit is partly to blame for the estimated £50bn blackhole in the economy that she is likely going to have to address at her autumn budget.

Successive governments clobber households and small businesses by hiking interest rates to manage inflation, but don’t inconvenience corporations.

Governments appease corporations and the super-rich by following the old policies which benefit a few.

It backfired…

‘The state needs to be hands-on, and not leave it all to the pirates of City of London’

There is no means-testing for corporate welfare payments.

‘They would create a two-tier benefits system where people would not be eligible for support because they became sick or disabled at a later date.’

Nine years on, it seems as though those who had rubbished ‘experts’ for warning about the dire impact of Brexit on the economy, could do with some quiet reflection.

Levelling up is indeed vital, but it should not result in the levelling down of London

“His party has been in parliament for less than a year and yet already they have racked up £80bn of unfunded commitments. They are simply not serious.”