775 — Make Labour Tax the Rich: Resist Cuts! | And much more

The government is spending five point four percent more GDP total output than it gets in revenues, a bigger shortfall than any other rich country other than the USA, which benefits from being able to borrow more easily from the rest of the world.

The British government has to offer five point four percent interest to shift its IOUs bonds more than any other rich country.

Consumer price inflation is at three point one percent.

Output growth over twenty twenty-six is likely to be only nought point eight percent.

Unemployment is at four point nine percent.

The prospects are for worse with the global knock-on effects of the Iran-Yemen war and of Trump's tariff buffoonery.

A full-blown wild world crisis may come within the next year from the, uh, bursting of any one of the, of a number of global economic, economy bubbles.

The Financial Times of third of October cites insiders as predicting a steady as she goes budget, i.e. with now only a, a few social cuts in benefits for disabled, uh, young people and minor tax rises.

We don't know.

Maybe the government is anxious not to reverse the favorable poll trends, Labour up to twenty-six percent or so, Reform around twenty-three percent, Greens around ten percent, or even to drain the shallow Burnham optimism among the Labour leaders and trade union leaders.

Maybe, however, even a, um, modestly horrible budget will still burst those political bubbles.

Meanwhile, NHS England's waiting lists are up again to seven point three million.

The NHS maintenance backlog is at fifteen point nine billion pounds.

Despite increases in the overall NHS budget, many NHS trusts are still cutting jobs, as in the East London Foundation Trust, where the Unite union is balloting for strikes to resist.

School budgets are being squeezed again, only, uh, a tad more mildly than predicted.

University cuts continue.

The latest figures for appeal tribunal backlogs over SINS, Provision Asylum Migration, are the highest ever.

There were just two hundred and forty council house building starts in the whole country in quarter one of twenty twenty-six, and the first tranche of the government's Social and Affordable Housing Program grants will make little difference there.

Huge cuts.

Despite overall rises in central funding for local authorities, London councils face huge cuts in the next year in the name of fair funding.

Hammersmith and Fulham Council, one of a few, um, allowed to raise council tax to compensate, reckons that would need a hundred and fifty percent rise.

These swapping cuts were, these sweeping cuts were due to come in twenty twenty-six to seven.

Lobbying by London Labour councils, anxious for the May twenty twenty-six council elections postpones them, but only for a while.

From the latest figures, real wages are on average rising marginally, nought point nine percent a year, but that means they are failing for many.

The real value of universal credits and equivalents has been on a downwards trend for decades.

The government is spending five point four percent more GDP total output than it gets in revenues, a bigger shortfall than any other rich country other than the USA, which benefits from being able to borrow more easily from the rest of the world.

The British government has to offer five point four percent interest to shift its IOUs bonds more than any other rich country.

Consumer price inflation is at three point one percent.

Output growth over twenty twenty-six is likely to be only nought point eight percent.

Unemployment is at four point nine percent.

The prospects are for worse with the global knock-on effects of the Iran-Yemen war and of Trump's tariff buffoonery.

A full-blown wild world crisis may come within the next year from the, uh, bursting of any one of the, of a number of global economic, economy bubbles.

The Financial Times of third of October cites insiders as predicting a steady as she goes budget, i.e. with now only a, a few social cuts in benefits for disabled, uh, young people and minor tax rises.

We don't know.

Maybe the government is anxious not to reverse the favorable poll trends, Labour up to twenty-six percent or so, Reform around twenty-three percent, Greens around ten percent, or even to drain the shallow Burnham optimism among the Labour leaders and trade union leaders.

Maybe, however, even a, um, modestly horrible budget will still burst those political bubbles.

Meanwhile, NHS England's waiting lists are up again to seven point three million.

The NHS maintenance backlog is at fifteen point nine billion pounds.

Despite increases in the overall NHS budget, many NHS trusts are still cutting jobs, as in the East London Foundation Trust, where the Unite union is balloting for strikes to resist.

School budgets are being squeezed again, only, uh, a tad more mildly than predicted.

University cuts continue.

The latest figures for appeal tribunal backlogs over SINS, Provision Asylum Migration, are the highest ever.

There were just two hundred and forty council house building starts in the whole country in quarter one of twenty twenty-six, and the first tranche of the government's Social and Affordable Housing Program grants will make little difference there.

Huge cuts.

Despite overall rises in central funding for local authorities, London councils face huge cuts in the next year in the name of fair funding.

Hammersmith and Fulham Council, one of a few, um, allowed to raise council tax to compensate, reckons that would need a hundred and fifty percent rise.

These swapping cuts were, these sweeping cuts were due to come in twenty twenty-six to seven.

Lobbying by London Labour councils, anxious for the May twenty twenty-six council elections postpones them, but only for a while.

From the latest figures, real wages are on average rising marginally, nought point nine percent a year, but that means they are failing for many.

The real value of universal credits and equivalents has been on a downwards trend for decades.