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Money Blog: Billionaire Premier League Owner 'Thinking Of Leaving Uk' After Budget

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webbo3 | 14:00 Wed 08th Jan 2025 | News
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The first of many I bet, Tax the rich..the rich "bye bye"

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Pound plunges as borrowing costs rise - with economists warning its a 'big red flag'

The value of the pound has slid to a nine-month low after government borrowing reached its highest level in 27 years. 

The currency dropped as much as 1.2% against the dollar to $1.233 - the lowest since April last year. 

That fall came as yields on government bonds, known as gilts, spiked higher, with 30-year gilt yields up 10 basis points (bps) on the day at 5.36%.

The 10-year yield was also up 12 basis points at 4.8% - the highest reading since the 2008 financial crisis.//

2008, who was in power in 2008?

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Here is what the £/USD looks like on a chart :(

Note a sample of UK shares in the right hand watchlist box are all red (negative), a daily event since this rudderless incompetent UKGov took office!

https://ibb.co/cTkPPDw

is it really a good idea to let billionaires push us around? 
 

criticism of the budget is one thing but this petulant threat made bycertain wealthy elements that they will remove their resources from our economy smacks of blackmail. let them go and live in monaco if it comes to it. call their bluff. i do not want my country to be one that is forced to kowtow before a small group of oligarchs. 

PEGASUS, your screenshot was from twenty-three hour ago.

What like are those figures now?

Here you go TheCorbyLoon,

https://ibb.co/DbFrKPc

Whst about the shares you highlighted?

Here you go, I had changed the list this morning but most are on the list

https://ibb.co/tqC0CpX

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Money Blog: Billionaire Premier League Owner 'Thinking Of Leaving Uk' After Budget

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