Says it all really. China produces great products like electeic cars and exports them around the world. . We produce choclate cakes and over priced homes.
A guy making overpriced chocolates by hand. This is the reason that this country is fucked when people think that this is what a business looks like. China makes iPhones, USA designs iPhones, Germany makes steel and cars, we make fancy chocolates.
Makes my blood boil . As if the rise in taxes for business was the only option . Perhaps a wealth tax on the super rich who got rich in the pandemic while everyone else suffered.....oh no, we can't possibly do that.
The rich just move their money.. how dont people understand this yet?... We need lower business costs and taxes get them creating jobs so people can be employed and contribute to the economy.. More tax will only hit the average tax payer when those jobs disappear
The UK was the fastest growing economy in the G7 in the first six months of 2024. It has a zero tariff, zero quota free trade agreement with the EU. The problem is not Brexit, it’s this government’s budget.
Is it really that simple? Corp tax has been lower than comparable countries but investment remains resolutely low. Meanwhile Corporate Socialism is rife.
@@piotrwojdelko1150you're the wrong way round, farmers aren't rich unless they're cannabis farmers!! Tax the billionaires who do nothing but rake in ill gotten gains from corrupt contracts awarded by corrupt governments
We’ve witnessed a series of utterly inept populist govts staffed by dishonest low grade chancers. It will take years to reverse the catastrophic BrexitClown legacy
@satch7123 the slump is broken down into manufacturing and construction, for example, while legal (service) is not in a decline. This indicates import issues of items used for manufacturing. Increased trading restrictions put blocks in place from closest states, and further abroad means more trading route disruption due to the wars etc. Increased costs for energy has compounded this too. It doesn't surprise me that media outlets don't discuss the factors associated, and only report the issue.
Labour we are going for growth...did they say positive growth...I think not. Increased taxes on business, companies which will result in increased inflation, will NOT result in growth. BIG public pay increases do not result in growth either...a lot of the Labour party think it does and are on record saying that, it shows they have no understanding of economics.
Nope, kebab stores and barber shops are just not innovative enough and don't make enough money to keep an economy going 😂👍 (Besides from the shady stuff happening in the backrooms and behind the building, but that's not taxed)
@ 12k a year salary plus dividends based on profit. So profit will be cut in half hence income will be halved. We will fire a few dozen people and will be putting up costs of sales. Given all businesses will be doing the same competitiveness unaffected.
Of course our manufacturing is lower, look at all the businesses that no longer export to Europe due to Brexit making it more expensive for them. Yet the media never point that out. I have seen several small businesses put posts on facebook this week alone saying they will no longer sell to the EU and Northern Ireland.
its in downhill since 1950 (after losing colonies). Earlier they looted the money, dump their products on these colonies....any way i am too content to see their downfall
Labour is just focusing on make NHS and unions great again ..just giving money blindly won’t help. the hard work of tracking each penny where it goes needs to be done. Is it just filling the pockets of nhs managers or in innovations
It’s ironic that people who voted to end their own industry are trundling around Westminster in tractors whining about their lot in life. Trump’s about to turn the thumbscrews and lil’ ol’ Blighty’s all on it’s lonesome. How dumb can one nation be?
says: going for growth acts: increases taxation on business/employment/farmers, maintains the fiscal drag of freezing income tax bands they've shot themselves & the economy in the foot for the short-term, we'll find out how the long-term unfolds...
@ not sure whether this was in the government powers, but they should’ve announced earlier. Everyone got very touchy in October, that likely had an impact.
The issue is our government is only in power for the money and that’s it. They won’t bother to manufacture and compete with China and America, like the EU is meant to because they can ‘simply purchase it’ from China and America. What happened pursueing things because they are hard, that’s what a challenge is, America has followed that motto and they are 1st in everything.
Only one member of the cabinet has ever run a business and that was an events management company. Hardly surprising that they haven’t got a clue about business.
So they go to the place which has the lowest disposable income in the UK to visit a luxury goods retailer which produces/sells food stuffs which have been hit by a 352% increase in raw materials since the start of 2024. Great way to take the pulse of the UK economy. I'd call that some what lopsided reporting. Perhaps Sky doesn't like Labour
According to the IMF, Britain's external debt to GDP is 101%. 60% is already considered bad according to macroeconomic indicators - Great Britain, as well as many other European countries, have long crossed this red line. This means that it is difficult to borrow money in international financial markets with low interest rates. For example, countries such as Poland, which has a 49% foreign debt, or Latvia, which has 43%, feel quite stable at the moment - that's why these countries borrow money to pour into their infrastructure facilities, which contributes to the fact that at least unemployment does not increase, especially in the regions. It would be interesting to find information about the level of private sector debt in Great Britain, which would show the real size of the problem, because if the state cannot increase spending, then there is always hope for private investors in the economy, but if the private sector is also in a bad state, then is really bad!
Great Britian will only get poorer, the reason they were so rich before was a large part because of Easy to access to resources from the Empire , which also assisted their banking
So this theory about economics that says we 'must' have growth at all times or we'd stagnate ? EVEN if that was correct (which it isn't) wasn't the immigration supposed to help solve everything ? (It didn't, not even remotely close). There should be a Mythbusters but for politics.
Excuse my rant, like I spent my whole life learning to be part of this country and they just bring more people in from other places and it lumps us in with them as a bias and then we get called immigrates with them?
applause for the Labour Party , creating an inexistent black hole to have an apology to raise taxes and destroyed the confidence in the market , Labour Party work as professionals to destroy the country , and I forget to mention the silver bullet our precious refugees in warm hotel and pensioners passing necessity and cold without winter fuel allowance
Why DO we have such a backlog of refugees in hotels? Is it because the tory party deliberately let them grow in number without processing them? So they would have someone to point at and blame for the lack of services, homes etc that their 14 years of lack of funding created?
The highly educated economist (chancellor of the exchequer) Racheal reeves and the business & trade secretary (Johnathon never had a real job Reynolds) have made fantastic decisions to grow the economy 🤡
UK citizens need to realise that having India as a colony of the UK is profitable for the UK politically (hard power) and economically. Realising this is the first step in solving the problem.
So labour are looking long term -the way things are going , there will be no small businesses and massive unemployment- only the largest companies will survive ie Amazon.
Can SKY find a business that is happy with the NI employer increases? Angela (Parrot) and Rachel (Complaints) claim many business support their approach.
@@Jimmy-Wong1 We left the EU, we can't then complain because we no longer have the smooth trading we had when we were members. It's like leaving your golf club membership and expecting to still use the course.
@@SilentWalker-if4ncit wasn’t botched, Farage had zero plans on how exactly to make his plans a reality when he wasn’t in power. So he disappeared immediately
Uk become day by day more and more tax. Till 80% tax riding .uk has no money 4 debt pay 9trilion + debt .saw lawn instal mnt is 110bilion is only expence in debt paymnt..resrve is only 188bilion or only. Uk. Become debt cupt only in 2 year. Becaouse off 15trilion debt become 2027 last uk cant. Servaiev in main reson 80% taxes must been on apply on ampoly or 👍
Says it all really. China produces great products like electeic cars and exports them around the world. . We produce choclate cakes and over priced homes.
Dont forget, lies, propaganda & fraud! (Big money, to be made!!!)
The cakes are overpriced too...would love some cupcakes but not paying £5+ for them. I can literally make my own for less then 50p.
Over priced homes made from breeze blocks, bits of wood and cheap plasterboard.
Chocolate cakes are overpriced...
Electric cars that frequently blow up in China.
A guy making overpriced chocolates by hand. This is the reason that this country is fucked when people think that this is what a business looks like. China makes iPhones, USA designs iPhones, Germany makes steel and cars, we make fancy chocolates.
Ah the overpriced chocolate collapsed Britain lol
I think it's a bit more nuanced than that, on a side note the Swiss have done alright out of chocolate😂
If the man has a passion for chocolate let him be
So explain the aluminium factories issues then? They obviously think the Labour budget has made things worse for them
Ahh.....but your fancy chocolate is absolutely wonderful. Over here in America, it's just sugary garbage.
Makes my blood boil . As if the rise in taxes for business was the only option . Perhaps a wealth tax on the super rich who got rich in the pandemic while everyone else suffered.....oh no, we can't possibly do that.
Britain is being taxed to death. The only period we haven't been stagnant since the war was under Thatcher.
This growth figure was for October, before the budget was announced.
Wealth taxes are very difficult to implement. Unless its a surprise one off tax.
The rich just move their money.. how dont people understand this yet?...
We need lower business costs and taxes get them creating jobs so people can be employed and contribute to the economy..
More tax will only hit the average tax payer when those jobs disappear
@@MocheStudios-y3p stop sticking up 4 wrong uns in suits
Put up business taxes and the economy crashes, who would have thought that ?
They must have known the business tax cost would be passed on to customers.
They just don't care about Britain or it's people.
The economic data is from October - so it can’t really be a result of the budget that was announced October 31
@@ravenmad9225 the beasts will get theres one day
If only there is a giant customer base that is literally next door to the UK. One that has alot of benefits moving workers and goods with ease.....
They are also in the dumps
How does eu labour sending money back too eastern Europe stimilate the uk economy?
The UK has the fastest growing economy in the G7 before labour got into power!
The EU is in the crap.
The UK was the fastest growing economy in the G7 in the first six months of 2024. It has a zero tariff,
zero quota free trade agreement with the EU. The problem is not Brexit, it’s this government’s budget.
@@aleph8888yet the whole of industry is saying otherwise
Government tax business to bankruptcy and wonder why economy is shrinking.
Is it really that simple? Corp tax has been lower than comparable countries but investment remains resolutely low.
Meanwhile Corporate Socialism is rife.
great success for brexit!!!
Shocking, shocking, swift action, difficult decisions, getting on with the job, black hole, someone else’s fault!
tax rich farmers
Piotr. Use your head for once, try to think 1 or 2 steps ahead
@@piotrwojdelko1150you're the wrong way round, farmers aren't rich unless they're cannabis farmers!! Tax the billionaires who do nothing but rake in ill gotten gains from corrupt contracts awarded by corrupt governments
We’ve witnessed a series of utterly inept populist govts staffed by dishonest low grade chancers. It will take years to reverse the catastrophic BrexitClown legacy
Brexit voters mainly.
Why does nobody discuss the impact of Brexit on issues like this? It's the elephant in the room
How?
@satch7123 the slump is broken down into manufacturing and construction, for example, while legal (service) is not in a decline. This indicates import issues of items used for manufacturing. Increased trading restrictions put blocks in place from closest states, and further abroad means more trading route disruption due to the wars etc. Increased costs for energy has compounded this too. It doesn't surprise me that media outlets don't discuss the factors associated, and only report the issue.
Touch grass dude
@@Shmimbleton thanks for your input
The EU economic status is worse than our own… so it’s not brexit, it’s the socialist experiment Europe has undertaken that is massively backfiring.
Things are getting Worse to terrible 😔
Its what the public wanted though
@@stequalityOnly 30% voted Labour
@KINGDon-l8c still alot of people show us nothing but contempt
Labour we are going for growth...did they say positive growth...I think not. Increased taxes on business, companies which will result in increased inflation, will NOT result in growth. BIG public pay increases do not result in growth either...a lot of the Labour party think it does and are on record saying that, it shows they have no understanding of economics.
I think the Uk is doing terrifically on the world stage they are exporting great human resources and skilled workers 😅
So the idea that mass immigration would help the economy has been proven false
Nope. U lost EU market, so your own production slows down
Nope, kebab stores and barber shops are just not innovative enough and don't make enough money to keep an economy going 😂👍 (Besides from the shady stuff happening in the backrooms and behind the building, but that's not taxed)
Someone has to do the work. Your people are too lazy
@@ama9401 voters get there karma a bit there
Funny how leicester has the lowest disposable income, but the highest amount of something 🤔
Oooh is it red cheese? 😂
Immigrants. That answer 40 +years of politicians claiming immigrants bring prosperity.
Our business was doing great until Labour came in. Now we are laying staff off.
How much does your CEO get paid?
@ 12k a year salary plus dividends based on profit. So profit will be cut in half hence income will be halved.
We will fire a few dozen people and will be putting up costs of sales. Given all businesses will be doing the same competitiveness unaffected.
Well, having millions, who are perfectly fit to work, playing the mental health card and claiming benefits certainly isn't helping the UK economy.
Artisan chocolates.
We are down to essentials then.
Of course our manufacturing is lower, look at all the businesses that no longer export to Europe due to Brexit making it more expensive for them. Yet the media never point that out. I have seen several small businesses put posts on facebook this week alone saying they will no longer sell to the EU and Northern Ireland.
Labour will not stop coming after your money.
Mind Begs the Question:
▪︎If Western Govts always have funds for Wars
▪︎If same Govts always short of funds for People
▪︎Western Govts - Good or Evil?
its in downhill since 1950 (after losing colonies). Earlier they looted the money, dump their products on these colonies....any way i am too content to see their downfall
UK is the leading nation of moaners.
It's in our DNA. Next to the FRnch .
Yep voted to make things worse then complain things are worse
It’s the weather tbh, grumpy as fook
100%
Who'd of thought that adding £10,000s of extra NI on small business and £Millions would stop them from investing and hiring and slow down the economy?
Labour is just focusing on make NHS and unions great again ..just giving money blindly won’t help. the hard work of tracking each penny where it goes needs to be done. Is it just filling the pockets of nhs managers or in innovations
It’s ironic that people who voted to end their own industry are trundling around Westminster in tractors whining about their lot in life.
Trump’s about to turn the thumbscrews and lil’ ol’ Blighty’s all on it’s lonesome. How dumb can one nation be?
says: going for growth
acts: increases taxation on business/employment/farmers, maintains the fiscal drag of freezing income tax bands
they've shot themselves & the economy in the foot for the short-term, we'll find out how the long-term unfolds...
Economic data is from October, before the budget was announced.
@@Rob-lw8to fair point. could just be effect of "wait and see" ahead of budget rather than the budget itself.
@ not sure whether this was in the government powers, but they should’ve announced earlier. Everyone got very touchy in October, that likely had an impact.
'Unexpectedly' shrinking...QUICK, someone PAY OFF...the bureau of statistics / Gov numbers + the regulators!!!
yeah in a week they will release statement that economy is doing better than previously thought lol
The incompetence of the UK government is the biggest threat to the UKs future.
The issue is our government is only in power for the money and that’s it. They won’t bother to manufacture and compete with China and America, like the EU is meant to because they can ‘simply purchase it’ from China and America. What happened pursueing things because they are hard, that’s what a challenge is, America has followed that motto and they are 1st in everything.
Only one member of the cabinet has ever run a business and that was an events management company. Hardly surprising that they haven’t got a clue about business.
What about cutting down on govt bureaucracy ?
So months of talking the economy down has resulted in people not buying or investing. There’s a surprise.
So they go to the place which has the lowest disposable income in the UK to visit a luxury goods retailer which produces/sells food stuffs which have been hit by a 352% increase in raw materials since the start of 2024. Great way to take the pulse of the UK economy. I'd call that some what lopsided reporting. Perhaps Sky doesn't like Labour
All by design, to benefit the corporate world. People need to think outside the box
I thought Immigration was going to make the country Rich and improve living standards
That's after a million immigrants every year . Sorry it's more like Delhi than London
They didn't reduce rates fast enough or enough as usual to late,yes starmer is to blame,to late again should be 4.25% buy now?
The U.S. shouldn’t have to subsidize for the UK starmer need to fix this mess !
Starmer’s Britain.
that's Boris' britain, it's the logical and expected outcomes of Brexit, savor it.
@@rocketman1058😂😂😂😂 so the labour government is brexit ?
do Sky hire new white reporters anymore? if not, why not?
And still no one talks about the Brexit afecting all this
Yeah Brexit has destroyed the German and French economy as well 🤦🤦🤦
Labour party has never been able to run a country 😂
According to the IMF, Britain's external debt to GDP is 101%. 60% is already considered bad according to macroeconomic indicators - Great Britain, as well as many other European countries, have long crossed this red line. This means that it is difficult to borrow money in international financial markets with low interest rates. For example, countries such as Poland, which has a 49% foreign debt, or Latvia, which has 43%, feel quite stable at the moment - that's why these countries borrow money to pour into their infrastructure facilities, which contributes to the fact that at least unemployment does not increase, especially in the regions. It would be interesting to find information about the level of private sector debt in Great Britain, which would show the real size of the problem, because if the state cannot increase spending, then there is always hope for private investors in the economy, but if the private sector is also in a bad state, then is really bad!
Debt in actual cash is more worrying. As some countries can sustain 200% debt to gdp for years and it wouldn’t match lvls held by others
These talking heads speak out after 5 months of labour in power where were they over the last 14 years?
I thought Labour said our economy is stronger than it’s been in 70 years?
Great Britian will only get poorer, the reason they were so rich before was a large part because of Easy to access to resources from the Empire , which also assisted their banking
Should never have of left the EU
Wrong, brexit was the best thing the Uk did.
So this theory about economics that says we 'must' have growth at all times or we'd stagnate ? EVEN if that was correct (which it isn't) wasn't the immigration supposed to help solve everything ? (It didn't, not even remotely close). There should be a Mythbusters but for politics.
Excuse my rant, like I spent my whole life learning to be part of this country and they just bring more people in from other places and it lumps us in with them as a bias and then we get called immigrates with them?
Tough times will hold sugar rush wont happen❤❤🎉🎉
applause for the Labour Party , creating an inexistent black hole to have an apology to raise taxes and destroyed the confidence in the market , Labour Party work as professionals to destroy the country , and I forget to mention the silver bullet our precious refugees in warm hotel and pensioners passing necessity and cold without winter fuel allowance
they are mocking about the intelligence of British
Why DO we have such a backlog of refugees in hotels? Is it because the tory party deliberately let them grow in number without processing them? So they would have someone to point at and blame for the lack of services, homes etc that their 14 years of lack of funding created?
Europe is finished,. Just announcement and acceptance is left.
UK irrelevant on the global stage like always 😔
why would anyone ivest in brexit britain
Blame labour
Can they blame it on the EU?😅
The highly educated economist (chancellor of the exchequer) Racheal reeves and the business & trade secretary (Johnathon never had a real job Reynolds) have made fantastic decisions to grow the economy 🤡
Anyone who is capable gets put down. This is no surprise, the country has gone feral.
Not just the economy shrunk my third leg is shrinking aswell🤷♂️
Don’t worry mate, it’s just a bit of shrinkage. It’ll come back in the summer when we don’t have to afford the heating bill. 😂
brexit's going really well I see
UK citizens need to realise that having India as a colony of the UK is profitable for the UK politically (hard power) and economically.
Realising this is the first step in solving the problem.
Maybe it is time colonize countries😂😂
So labour are looking long term -the way things are going , there will be no small businesses and massive unemployment- only the largest companies will survive ie Amazon.
when will UK citizens react???
Too busy watching football and drinking
Rachel from accounts still spinning the old wheel of blame
Manufacturers and investors are more concerned by this inept government than Brexit.
LABOUR OUTT
Tax on the super rich 🤑
that the economy would shrink where a given. after all brexit I'd there and will continue to be there.
the only solution is to raise taxes. They have to buy 3000 glasses, so I guess they do need the money.
Rejoin the largest trading bloc in the world ?!?!
NO THANKS....just vote out labour
We are already part of the commonwealth, so we do not need to join it!
Without colonisation we are doom
No surprice Uk economy is shrinking because UK sanction itself and UK dont have PM that smart and work harder for UK, since The iron lady
When starmer is out should he still get his current pm wage? Should any of them still get a pm wage when their done?
Well Truss does...
Israel has the right to defend itself
Oh no warmonger has more money for Ukraine but no money for your own country hahahaha
Can SKY find a business that is happy with the NI employer increases? Angela (Parrot) and Rachel (Complaints) claim many business support their approach.
Kip giving Ukraine billions dollars and Israel for free 😂😂
Useless information this channel has been saying this crap for years
Kick out the immigrants.
The country would be empty
no thankyou turkish im sweet enough
Poor chocolate guy voted Labour. Tough lesson
Good old labour hey 😅what else can they screw up I wonder 🤔
😢
Brexit!!!
What are all the illegal immigrants costing us?
nothing compared to the money being wasted by the government finding ukraine and ishell
Billions to UKr! Keep going 🙏🙏🙏
The UK economy is so dead haha
LABOUR UK
Glory to Ukraine 🇺🇦 ❤ 😊
Keep wasting money in cocainesky lol
Nooooo wayyy really? That’s so shocking 🤡😂 Vote Reform people only that will make Britain great again 🇬🇧
tax the rich!
Like black rock kiers mate
it is all Chinese and EU's fault
Hello Jimmy-Wog1 : Another (ro-ro) bot generating argument !
@ then whose fault?
@@Jimmy-Wong1 We left the EU, we can't then complain because we no longer have the smooth trading we had when we were members. It's like leaving your golf club membership and expecting to still use the course.
Trump's fault
👍
Ahahahahaha
The PM said it was going to get worse before it would get better. The chancellor has made a good budget plan.
Troll post
@stequality
Why is it a troll post ? I voted Labour, this is my opinion.
Labour should give us a referendum on rejoining the EU,because people didn’t know what they were voting for before.
they did and it was botched
@@SilentWalker-if4ncit wasn’t botched, Farage had zero plans on how exactly to make his plans a reality when he wasn’t in power. So he disappeared immediately
Uk become day by day more and more tax. Till 80% tax riding .uk has no money 4 debt pay 9trilion + debt .saw lawn instal mnt is 110bilion is only expence in debt paymnt..resrve is only 188bilion or only. Uk. Become debt cupt only in 2 year. Becaouse off 15trilion debt become 2027 last uk cant. Servaiev in main reson 80% taxes must been on apply on ampoly or 👍
Supporting Ukraine still? :D
More DOGE
MAGA!