0.1% of 60 million population is 60 thousand. The economy is growing slower than the rate of population growth from immigration. That is not economic improvement. We are getting poorer.
60 million? is that what they tell people it is, I'd guesstimate closer to 90 if not more, we will never know given they can't keep track of who is entering the country. We have the land mass of a small state of the USA and a third of their population living in it. This is all intentional to collapse the entire infrastructure by the Blairite Red and Blairite Blue parties that have the whole game sewn up.
@@inconvenientfacts6452 Uber eats riders in london and pretty much every immigrant in coffee shops, tesco etc (the ones that can be bothered to work) are all on some sort of social benefit. They don’t get paid enough to pay 30-40k a year rent. So they get subsidised health, living and other costs courtesy of actual productive tax payers. They are all net negatives. It just looks good on the governments reports to the world bank and other institutions. “Oh look we have all this spending and gdp lines going up!” It’s not sustainable in the long term. Probably by design.
if they showed GDP per capita figures(which is the real GDP measure) it would be even more alarming...but they dont want to people see how bad this country's economy is doing.
@@Bungle-UK too many people who are not contributing to wealth generation, a bloated and inefficient public sector doesn’t help and with the anticipated growth in that sector will drive it down further.
@@kronos7110I’m 17 I couldn’t vote and tm me and a lot of my friends do not want it and we will be voting for reform uk 2029 and we’re gonna hopefully take are country back from these twats conservative labour its all the same there all woke and about letting illegal immagration get out of hand
This isn’t stagflation that’s when the consumers don’t purchase any goods or services and just save money, what happened in Japan. So the government cut interest rates trying to make people spend money
@@realhustl_it’s happening in China too, where wages are too low to buy the good China produces for the export market. @trebarwith438 only used the word because it sounded fun..
The only thing uk is growing is immigrants….. what do we manufacture that other countries want/need ? Neither Labour or Conservatives seem to have any ideas on how to restore manufacturing preferring to import everything.
@kronos But yet the media had defended them more in a couple of months than they did with the tories for all that time. That speaks volumes since the mainstream media is completely and totally corrupt.
@@garyb455 growth will remain stagnant until we stop handicapping ourselves by making it a logistical nightmare to trade with the biggest trading bloc in the world and our closest neighbours.
@@kronos7110 There is certainly debt but what gets me is labour knew whilst in opposition what the figures are . They have full entitlement to see the books so that they can ‘ cost ‘ their plans . The lie is it’s not 22 Billion . they are trying to deceive the public . I am not saying the Tories were perfect far from it . However ., They know far more about business and economics than this terrible government do . Not one of the front bench has been in business . Whilst telling us how to run ours ! What a joke .
@@DCDC-ox5cntbf, so many were here because they knew they were getting the sweetest of deals while living in a decent country. Now they’ve extracted so much wealth that the country’s falling apart and it’s time to tax their fancy new savings - god forbid! - to at least stop the decline. So now they’re emigrating to Dubai.
It's an embarrassment and such a shame our great country with so much potential is being let down like this all because of greedy politicians who want more and more money and more and more taxes. Where's it all going? The people aren't getting it and neither is our country.
@alanpage3973 they were not in power when they passed the biggest tax hike since 1993 literally last month? 🤣 our growth forecasts have been downgraded by the OBR as a direct result of this budget compared to the forecasts prior to the budget, don't be so dense, this is public information
Wait until quarter one next year and onwards it will be even lower . Labour historically ruin economies , this one will be no different . Inflation will increase . Unemployment is already increasing. Well done Labour voters . Real change eh ?
People are skint taxes are at all time highs the Bank of England interest rate is at 4.75% whilst the ECB (an economy which is arguably hostile towards ours) is at 3.25% what do our legislators expect!
Who knew that 2TK taking ever increasing amounts of the private sectors money and spending it on the pointless and unproductive public sector would result in economic decline.
Lol I moved to Malaysia and the same period is a 5.3% growth - I understand it’s not all the same but if we’re guna play these percentage games the UK is a shambles
Stop saying the economy is growing it's not we are in a economic depression. Everyone can see it around us, everything so expensive and no one has cash.
Ouch! That’s not good news at all.Your economy is in free fall.Starmer has no solid plans to fix it anytime soon.The US sees the UK as an investment risk, same for the World Monetary Fund.I feel for the hardworking people of Britain, I hope it turns the corner
Recession next year then, sure they will blame trump by then. Will be fun to see the BoE upping interest rates too. So glad we have this competent government now...
Russia is recording 4% Gdp growth, healthy current account at +2.5%, $620 billion forex reserves and total govt debt has fallen to under 15% Gdp at $295 billions. Seem the UK sanctions helped them.
@@stopthetories No, the reason inflation rate is around 8% is because the Russian economy is absolutely awash with cash and the economy is growing fast. Rouble rate to the USD is somewhat irrelevant btw as Russia does not import purchase from the collective West to anywhere near the same degree it did pre-2022.
@richardmarsden5610 overheated economy with huge inflation and a war economy. There is nothing to boast about. Next year, Russia is projected to grow only 1.5%. The Russian economy is smoke and mirrors.
Since Brexit, the UK has traded higher-skilled migrants (builders, nurses) for lower-skilled migrants, on top of the additional loss of trade, loss of billions of £ of investment, and drop of the pound by 20% since the referendum. The problem is that Labour isn't brave enough to get us out of the situation.
No matter the Economy all we need to do is the just diversify our incomes! I always try to create multiple streams of Income and it’s been my life saver! Now I’m looking into investing in the digital market because ever since Donald trump was elected. We’ve seen massive changes! I just wish I could get some expert guidance as I’m not so experienced.
Before Brexit France had an economy slightly bigger than UK now post-Brexit it is the UK with a larger nominal Gdp than France. UK $3.3 Trillion versus France $3.03 Trillion. UK also has lower unemployment rate than it's EU neighbour.
Exchange rates are a wonderful thing. Since 2016 the real GDP of France has grown faster than Britain and the real GDP per capita of France has grown a lot faster. Britain is worse off GDP per head than in 2019. Stop coping, Brexit failed. From 2010-2016 Britain was growing at a significantly faster rate than France.
Alright. I think I worked it out. The reason why rhe UK has no economic growth is because we're spending too much money on imports. The UK loses billions of pounds every year because we have a trade deficit. If we want the UK economy to grow then we need to fix the trade deficit and make the country less reliant on imports.
15 years of Tory failures and crisis... Vs 4 months of barely left of centre labour policy. The comments: This is typical labour disaster! We're doomed!
It's not really Tory failures to be honest. It's more to do with an aging population. The UK and Europe are matured economies with very low growth potential. And this will only continue to get worse.
Legacy of the Farage Riots. Tourists were probably scared away and didn't bring their money to spend in Clacton and Skegness 😂 Meanwhile other businesses were burnt down or badly damaged
Who knew that with the highest tax burden in last 80 years, record illegal migration and unprecedented costs to ‘do things’ economic activity would be sluggish. Nobody could have foreseen this;)
Wow, who would have expected it?!😅 Biggest tax hike in recent history and what loss of growth? We were on course with tories for good gdp growth but we will be in recession next year with labour communists
![F.HERO Ft. JSPKK x ลำไย ไหทองคำ x M-PEE - ไม่สนิทบิดหมด (Thai Riders Anthem) [Official MV]](http://i.ytimg.com/vi/kPJZ0UihBfk/mqdefault.jpg)
0.1% of 60 million population is 60 thousand. The economy is growing slower than the rate of population growth from immigration.
That is not economic improvement. We are getting poorer.
Yeah, but think of all the new doctors we’ve got!
@@hughesy606lmao they’re not doctors coming in 😂
We're in recession... pure and simple...!!!!!
@@thatseahorse4908All doctors moonlight as Uber eats drivers cmon everyone knows that
60 million? is that what they tell people it is, I'd guesstimate closer to 90 if not more, we will never know given they can't keep track of who is entering the country.
We have the land mass of a small state of the USA and a third of their population living in it.
This is all intentional to collapse the entire infrastructure by the Blairite Red and Blairite Blue parties that have the whole game sewn up.
What does this mean? We’re getting another million uber eats drivers?
And eventually people won’t have enough money to fund an Uber Eats…
Well at least they pay tax into the system rather than being unemployed and moaning about low paid workers
@@inconvenientfacts6452 Uber eats riders in london and pretty much every immigrant in coffee shops, tesco etc (the ones that can be bothered to work) are all on some sort of social benefit. They don’t get paid enough to pay 30-40k a year rent. So they get subsidised health, living and other costs courtesy of actual productive tax payers. They are all net negatives. It just looks good on the governments reports to the world bank and other institutions. “Oh look we have all this spending and gdp lines going up!” It’s not sustainable in the long term. Probably by design.
Yes also million work as car cleaner.
@@swaldron5558 And those ones definitely don’t pay tax but still receive plenty of government subsidies.
Who are they trying to fool ? Economy is in free fall.
if they showed GDP per capita figures(which is the real GDP measure) it would be even more alarming...but they dont want to people see how bad this country's economy is doing.
Real GDP per head is estimated to have fallen by 0.1% in Quarter 3 2024, and is flat, compared with the same quarter a year ago.
It’s purchasing power parity 😊
We are down in the mid twenties for GDP per capita, the true measure of an economy.
Exactly. Population growth inevitable grows the overall pie, but everyone’s bit of the pie gets smaller.
@@Bungle-UK too many people who are not contributing to wealth generation, a bloated and inefficient public sector doesn’t help and with the anticipated growth in that sector will drive it down further.
And strangely they have money to send to Ukraine 🇺🇦 😂😂😂
UK voters support it, try harder, orc.
Voters want it, kry about it, Putler.
Ukraine is finished!
Time to worry about the uk pensioners 👍🏻
@@kronos7110I’m 17 I couldn’t vote and tm me and a lot of my friends do not want it and we will be voting for reform uk 2029 and we’re gonna hopefully take are country back from these twats conservative labour its all the same there all woke and about letting illegal immagration get out of hand
@@kevinquilliam1532
LMAO, Orcssia copium.
I love that this is breaking news.
OH MY GOD! NO WAY!
Sky are rubbing their hands coates ridge Phillips Rigby are salivating.
Welcome to Stagflation
This isn’t stagflation that’s when the consumers don’t purchase any goods or services and just save money, what happened in Japan. So the government cut interest rates trying to make people spend money
@@realhustl_it’s happening in China too, where wages are too low to buy the good China produces for the export market.
@trebarwith438 only used the word because it sounded fun..
All the while trump is going to be cutting taxes and economy is booming . Ffs
Yeah, permenant tax cuts to rich, thoughts and prayers to voters.
@@kronos7110how else will people become rich with Marxism?
Trump isn't even in office yet?
The American economy has been booming under the dems. Maybe Trump will come in and print another $9 trillion during a boom like he did last time….
Can I borrow that crystal ball? I wanna foresee some lottery numbers.
The only thing uk is growing is immigrants….. what do we manufacture that other countries want/need ? Neither Labour or Conservatives seem to have any ideas on how to restore manufacturing preferring to import everything.
Its tragic watching people blame one political party or the other and being too stupid to realize both sides are screwing us.
Labor has not been in power for 15 years:/
Oh look another “both are the same bro” person
@@BisonAffinity because they are...
@kronos
But yet the media had defended them more in a couple of months than they did with the tories for all that time. That speaks volumes since the mainstream media is completely and totally corrupt.
I blame Labour. 40 billion pounds rise in taxes after lying to us saying that taxes wouldn't rise? Ah, OK.
This will be the last growth for years until we get rid of Labour
So it has nothing to do with reform/Tory failures for the past 15 years?
@kronos7110
Shhhh just blame it on Labour and everything will be okay
Until we rejoin the EU.....so it will be decades of economic annihilation
Brexit has destroyed the UK
It was doing awfully under the Conservatives.
@@garyb455 growth will remain stagnant until we stop handicapping ourselves by making it a logistical nightmare to trade with the biggest trading bloc in the world and our closest neighbours.
The liebour will keep saying their nonsense blackhole theory.
stop sulking ....😫
Yep - 14 years blah blah rhetoric .
@@Carlotta-x3c
They are not exactly wrong.
@@kronos7110
There is certainly debt but what gets me is labour knew whilst in opposition what the figures are . They have full entitlement to see the books so that they can ‘ cost ‘ their plans . The lie is it’s not 22 Billion . they are trying to deceive the public . I am not saying the Tories were perfect far from it . However ., They know far more about business and economics than this terrible government do . Not one of the front bench has been in business . Whilst telling us how to run ours ! What a joke .
Exactly a black hole they created . This government is a disgrace .4 months and they have done more damage than 14 years of the tories ffs .pathetic
And this is with them cooking the numbers. I wonder how much it actually contracted by.
But rich people still managed to get much richer.
Who'd have believed it 🤷♂
We need more... bold policies on the top 1%.
But YT will make the comment disappear...
No, rich people escaping the UK, the number of millionaires escaping the country is top 2 after China 😂
@@DCDC-ox5cntbf, so many were here because they knew they were getting the sweetest of deals while living in a decent country. Now they’ve extracted so much wealth that the country’s falling apart and it’s time to tax their fancy new savings - god forbid! - to at least stop the decline. So now they’re emigrating to Dubai.
It's an embarrassment and such a shame our great country with so much potential is being let down like this all because of greedy politicians who want more and more money and more and more taxes. Where's it all going? The people aren't getting it and neither is our country.
Are we surprised when labour has announced the biggest tax increases since 1993. So much for the "budget for growth"
Almost like the problems created by 15 years of mismanagment and corruption under Tory/reform can't be fixed in couple of months.... wait.
Nothing to do with labour they were not in power for them months
@alanpage3973 they were not in power when they passed the biggest tax hike since 1993 literally last month? 🤣 our growth forecasts have been downgraded by the OBR as a direct result of this budget compared to the forecasts prior to the budget, don't be so dense, this is public information
@@alanpage3973 Strictly they were for most of it, but I agree it’s far too early for them to have had much impact.
Wait until quarter one next year and onwards it will be even lower . Labour historically ruin economies , this one will be no different . Inflation will increase . Unemployment is already increasing. Well done Labour voters . Real change eh ?
LMAO, "historically".
What a statement after 15 years of Tory/reform failures.
People are skint taxes are at all time highs the Bank of England interest rate is at 4.75% whilst the ECB (an economy which is arguably hostile towards ours) is at 3.25% what do our legislators expect!
Comcast filth
Who knew that 2TK taking ever increasing amounts of the private sectors money and spending it on the pointless and unproductive public sector would result in economic decline.
ahh yes because that's exactly what has been causing this for the last 14 years 😂
Imagine this is the best news UK ever had in ages... 0.1%..
Pathetic
Lol I moved to Malaysia and the same period is a 5.3% growth - I understand it’s not all the same but if we’re guna play these percentage games the UK is a shambles
Never look back mate. Live your life the way it was supposed to play out. Outside of Western influence. We're on a sinking ship.
Stagnation is here and has been here, and will continue to be here because we don't produce anything anymore. The future of the UK is looking bleak.
Thanks for everything, Mrs Thatcher!
Stop saying the economy is growing it's not we are in a economic depression. Everyone can see it around us, everything so expensive and no one has cash.
It’s not good, but nowhere near a depression.
Pathetic growth and we should all be deeply worried
Whilst politicians pockets grow by thousands for fuckin up the country 😂😂😂 clowns
Oh wow! That's amazing! All thanks to "comrade" Labour! Yaaay!🙄
Ouch! That’s not good news at all.Your economy is in free fall.Starmer has no solid plans to fix it anytime soon.The US sees the UK as an investment risk, same for the World Monetary Fund.I feel for the hardworking people of Britain, I hope it turns the corner
Even not a 1%. Basically there is no economic growth.
Give it a few months, and we will be looking back on that as brilliant .Because it's only going to go one way, and it ain't up.
Well done proud Labour votes! Now shamelessly pat your back
Recession next year then, sure they will blame trump by then. Will be fun to see the BoE upping interest rates too. So glad we have this competent government now...
So labour have stopped growth
Well done labour
How the hell is it labours fault when they only got into power in July
@@James-b7p2k
Just a Tory/reform bot lies.
@@James-b7p2k Because the markets can see that Labour is complete faeces, and that our economy is going to tank.
The ignorance of the right is going to destroy this country
@@James-b7p2kmainly as the financial markets response to a Labour victory, the next quarter will be worse due to the budget.
Russia is recording 4% Gdp growth, healthy current account at +2.5%, $620 billion forex reserves and total govt debt has fallen to under 15% Gdp at $295 billions. Seem the UK sanctions helped them.
Ruble at 100 to 1 US dollar and inflation out of control 😂😂😂
@@stopthetories No, the reason inflation rate is around 8% is because the Russian economy is absolutely awash with cash and the economy is growing fast. Rouble rate to the USD is somewhat irrelevant btw as Russia does not import purchase from the collective West to anywhere near the same degree it did pre-2022.
@richardmarsden5610 overheated economy with huge inflation and a war economy. There is nothing to boast about. Next year, Russia is projected to grow only 1.5%. The Russian economy is smoke and mirrors.
Since Brexit, the UK has traded higher-skilled migrants (builders, nurses) for lower-skilled migrants, on top of the additional loss of trade, loss of billions of £ of investment, and drop of the pound by 20% since the referendum. The problem is that Labour isn't brave enough to get us out of the situation.
When the big market correction comes, lets hope the big pot doesn't turn into a small pot for public pensions.
Haha so funny its not growing at all
This is rubbish
No matter the Economy all we need to do is the just diversify our incomes! I always try to create multiple streams of Income and it’s been my life saver! Now I’m looking into investing in the digital market because ever since Donald trump was elected. We’ve seen massive changes! I just wish I could get some expert guidance as I’m not so experienced.
Again, more reason to be utterly despondent about being a citizen of the UK
Stagnant bog.
0.1%😂😂😂
Yippee-dee-doo! 🎉
Before Brexit France had an economy slightly bigger than UK now post-Brexit it is the UK with a larger nominal Gdp than France. UK $3.3 Trillion versus France $3.03 Trillion. UK also has lower unemployment rate than it's EU neighbour.
Exchange rates are a wonderful thing. Since 2016 the real GDP of France has grown faster than Britain and the real GDP per capita of France has grown a lot faster. Britain is worse off GDP per head than in 2019. Stop coping, Brexit failed. From 2010-2016 Britain was growing at a significantly faster rate than France.
Growth didn't 'detract' in September. How he should have said it: 'the economy contracted by 0.1% in September compared to August '.
But rich people still managed to get more richer… WORKERS get poorer and poorer WOW
OML 0.1%?!?!? THATS OUTRAGEOUS
Think how poor it would be if it wasn't Starmer's priority 😂
0.1% is growth. 😅
Shambles. Boring presenters trying to make excuses for it.
Shocking 😅. Wait until all the tax increases, public sector pay increases feed in! Inflation and a recession.
It was more important to Labour to make political points by saying that the Cons left us in a mess, than it was to give people confidence in the UK.
Error of + 0.2% margin. Import third world cultures, get third world economy.
Racist gibberish. Do better
Alright. I think I worked it out.
The reason why rhe UK has no economic growth is because we're spending too much money on imports. The UK loses billions of pounds every year because we have a trade deficit. If we want the UK economy to grow then we need to fix the trade deficit and make the country less reliant on imports.
Growth has been dead or almost Zero since the start of the century. We need a new Economic model.
No thanks to digital tyranny
Just goes to show what slavery done for this country…..
Is this some sort of a joke?😑
15 years of Tory failures and crisis...
Vs
4 months of barely left of centre labour policy.
The comments: This is typical labour disaster! We're doomed!
It's not really Tory failures to be honest.
It's more to do with an aging population. The UK and Europe are matured economies with very low growth potential. And this will only continue to get worse.
😂😂😂😂😂 oh, the joys let's all jump up and down.
it ain't much but it's honest work 😄😅
Government spending up and that's about it folks
Brexit Poverty, why not just ignore the racist peasants and rejoin the EU
Sky are rubbing their hands. Coates ridge Phillips Rigby will be salivating
The Starmer effect.
Labour have brought us doom and gloom.
Labour 😂 Predictable, but they think they're fixing the econony, and us plebs can't do much about it
Wow outstanding I’m sure we all feel better off 😂😂🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
It shrunk...
Rubbish all I’m hearing is people’s work drying up
Likeky to catch up as Christmas is approaching and then the minimum wage comes to play
And then people lose there jobs because the employer can't afford the wage rise and the employer national insurance increases.
@chrishart8548
There is a cushion there in place,as reduction of interest rate will definitely help business as well as other Borrowers
CREATIVE ACCOUNTING AT ITS BEST!
Legacy of the Farage Riots. Tourists were probably scared away and didn't bring their money to spend in Clacton and Skegness 😂
Meanwhile other businesses were burnt down or badly damaged
UK should go with 50 Billion UK pounds already allowed in UK currency.Let them Manage it in UK.
Time to blame America
Not Tory/Reform failures of 15 years.
Labour boom, guys 😂
Well done Labour - get the popcorn this is gonna be a fun ride
Thankyou Brexit, thankyou Ukraine, thanks Sunak and the conservatives
What does Ukriane have to do withthis, lol.
We need less export red tape! The govt needs to really look at closer ties with our European neighbours. The flow of Goods and Services needs a boost
Smell a vote on reversing Brexit on the horizon 😂
Maybe we could be as successful as Germany then
Fingers crossed, but EU won't accept.
@@chrishart8548
Germany will have support of EU. UK has the support of who exactly?
@kronos7110 EU is worried to death about trump and his mega Tariffs!
@@rogercude1459
No, EU is worried his close ties to Orcssia. Tarifs will be US sanctioning itself.
It’s not the size of the boat that matters, it’s the motion of the ocean. Right?
Most be one of those BREXIT benefist that reform and Tories promised.
AHH yes , all those years later, after a labour party come in and stop the progress that was being made blame Brexit 😂
@@readmore7180
What progress? Brexit has been the opposite of progress in every sense of that word.
Keir starmer: “Not bad….right?”
Wouldn’t be surprised if those figures are cooked and it actually shrank.
Waiting for the property market to crash
It won't do that anyway the banks will buy them and rent them.
We live in a type of cyberpunk world where the banks say borrow lots of money or we will push interest rates up and make your people suffer 😅
The unions must have had a spending spree with their pay rise
Who knew that with the highest tax burden in last 80 years, record illegal migration and unprecedented costs to ‘do things’ economic activity would be sluggish. Nobody could have foreseen this;)
RIP Kamala Harris. Born: October 20 1964 in Oakland California. Died: 06 November 2024 in Washington D.C. Cause of Death Donald John Trump.
Is this like America where everything is more expensive so that explains the growth ?
Reported GDP figures are after adjusting for inflation
Lol 😂😂😂 maybe the rich got richer..by I guarantee the poor is still poor
Welcome to growth….socialist style.
not suprise ! but why so many Landlord still asking for 10% increase of yearly rental?? please answer !
Wow, who would have expected it?!😅 Biggest tax hike in recent history and what loss of growth? We were on course with tories for good gdp growth but we will be in recession next year with labour communists
is it good or bad? I have no idea (
The Starmer effect? 🤦🏻♂️
Better than under the toffs
We need MILLIONS more immigrants a year for growth
Need to get them here faster . Need at least 2000 a day.
Another bot guessing your russian 🤔
@kehinde3803 racist
And at the same time they love implementing more Red tape
Wait till April 2025 when a load more expense hits business and households.
Councils have already been given the go ahead to rise council tax by 5%.
This is news lol i bet ur lying i bet its minus
Too many migrants work for Uber, food deliveries and car cleaners etc affects economy.
So your saying that the economy slowed down after Labour won the election?