Growth
(12-12-2025, 08:09 AM)Protheroe Wrote: The unexpected the contraction in the economy of 0.1% may be so small as to be a rounding error.

However it's clear that growth on any worthwhile scale is dead for now. Buried by Rachel Reeves.

Do I sense disappointment in your first sentence, Proth?
Reply
Time for Proth to start his campaign to rejoin the EU so we can unlock trade with the growing economies of Slovenia, Czechia, Denmark, Poland, Portugal and Spain.
Reply
Economy shrinking under Labour. Now there's a shock.
Reply
(12-12-2025, 11:02 AM)CIM Wrote: Economy shrinking under Labour. Now there's a shock.

The main contributor to that was the JLR hack
Reply
(12-12-2025, 11:26 AM)baggy1 Wrote:
(12-12-2025, 11:02 AM)CIM Wrote: Economy shrinking under Labour. Now there's a shock.

The main contributor to that was the JLR hack

Oh. So not the contraction in services of 0.3% then? You know, the dominant sector of our economy? Or the contraction in construction?

0.1% up or 0.1% down simply doesn't matter when you need more than 2% per annum to stand still. We were already amidst the doom loop before Reeves jacked up Business Rates by 15% and extracted even more disposable income from everywhere except Benefits Street.

It's like watching someone who's longed for a bright red Ferrari for 14 long years finally being given one by people who should know better before crashing it into a wall. And we've got several more years of this. God help us.
Reply
(12-12-2025, 11:26 AM)baggy1 Wrote:
(12-12-2025, 11:02 AM)CIM Wrote: Economy shrinking under Labour. Now there's a shock.

The main contributor to that was the JLR hack

Stop pointing out facts to CIM and pissing on his chips.
He has been waiting 18 months and saving that one up.


Though the point remains that Reeves needs to do more than cross her fingers, legs and toes. Which seems to have been her strategy for 18 months. Has she asked librarians for ideas yet?
Reply
Sorry Proth, didn't mean to upset by stating some facts. I wouldn't have been crowing if growth was 0.1 either. Your bright red ferrari already needed a new gearbox and steering rack which is why it ended up in the wall.

It's about time that some reality was faced here, as much as it isn't the solution being part of the EU was considerably better than what we have now. The obvious growth boost is sitting right over the English Channel.
Reply
(12-12-2025, 12:19 PM)baggy1 Wrote: Sorry Proth, didn't mean to upset by stating some facts. I wouldn't have been crowing if growth was 0.1 either. Your bright red ferrari already needed a new gearbox and steering rack which is why it ended up in the wall.

It's about time that some reality was faced here, as much as it isn't the solution being part of the EU was considerably better than what we have now. The obvious growth boost is sitting right over the English Channel.

Wrong type of Brexit
Failure of statecraft
True libertarianism hasn't been tried anywhere
Blah blah blah
Cult cult cult 

We fucking told you that you can't have your cake and eat it
Reply
(12-12-2025, 12:19 PM)baggy1 Wrote: Sorry Proth, didn't mean to upset by stating some facts. I wouldn't have been crowing if growth was 0.1 either. Your bright red ferrari already needed a new gearbox and steering rack which is why it ended up in the wall.

It's about time that some reality was faced here, as much as it isn't the solution being part of the EU was considerably better than what we have now. The obvious growth boost is sitting right over the English Channel.

But you're not stating facts. JLR was last months story, not this months. It's clear that if your dominant sector is in retreat then the future looks bleak.

It's also clear that Starmer & Reeves don't have the first clue how to kickstart growth. Every policy they have adopted is objectively anti-growth, there's no debate about that. The OBR stated last year that their ENTIRE plan for growth rests on massively expanding residential development. How's that going?

You can't hide behind the friction on trade in some goods to explain why services and construction are tanking. Real incomes have stood still for getting on for two decades, and are projected to right up to 2030.

By all means negotiate a better deal with Europe, now that Starmer has admitted that's possible after all. Hell, go the whole hog and call a referendum to rejoin - probably on terms as vague as those presented when we left. But if you believe that rejoining the EU (on what terms) when Germany & France are in exactly the same state as us (or worse) is the sole answer to our ills then I have some magic beans to sell you.
Reply
Inconvenient truth alert

https://www.independent.co.uk/news/uk/po...71536.html
Reply


Forum Jump:


Users browsing this thread: