Why Are The B B C And The B O E So Quiet.....

[ToraToraTora]

https://www.bbc.co.uk/news/articles/c62zpregm2mo

The bond prices have reach above what they would have done the Truss budget had been implement yet the silence is deafening. Truss was hounded out of no 10 and it was reversed without being implemented. Reeves from HR is killing the economy and no one seems bothered.

[youngmafbog]

I am bothered.

But Never here Kier couldnt give a monkeys.  Vile evil man with a vile evil Party.

#labourscum.

[davebro3]

Folks are just resigned to it I think. Shrug your shoulders & keep *** on.

[jackthehat]

If we assume that it's not simply incompetence at work here, what is the end-game, I wonder?

[bednobs]

any chance we could agree on the epithet for rachel reeves?

rachel from accounts/complaints/HR?

Which one would express people's venom the best?

[ToraToraTora]

anything but economics nobs!

[Togo]

//what is the end-game, I wonder?//

When we are utterly bankrupt and in desperare trouble the only viable answer will be to join with the eeyoo to give a chance of getting out of the mess. That is the goal and always was. Of course we will be condemned to nothing more than a vassal state and will be the approved place for all the immigrants to locate particularly, the muslim ones as there are so many of them here anyway. May as well keep mainland europe free of them will be the mantra. Be afraid be very afraid. 

[youngmafbog]

//Which one would express people's venom the best?//

Nothing to do with venom, she lied on her Linkin CV.

Your beloved labour person is Rachael from Complaints - a fact.

[youngmafbog]

It's interesting the Liberal left are more interesting in deflectinf about Robber Reeves than anwering the question about their bleloved labour.

Togo, if that does happen then non Muslims will be moved out I suspect or be able to move as the freedom of movement would be back.  Not sure the EU countries, many of whom are struggling are going to be too keen on that either. 50 odd million Brits invading thei countries.

[bednobs]

i dunno where you get all your assumptions from.  I am not, and have never been a labour voter.  They are not cherished to me, they are not beloved.  I am not "deflecting" as you put it.  Somebody asked gullivr yesterday why he insisted in calling elon musk Elton, and was it because he was thick.  That's how i feel about all the stupid names people make up for anyone they dont like.  i have seen her referred to as rachel theives, robber reeves, rachel from accounts, from complaints and from HR.  It doesnt add anything to an arguement and just "deflects" from whatever point people are trying to make

[Khandro]

She said she learnt real economics at her mother's kitchen table watching her ballancing the family finances.

So there you have it; - kitchen table economics and a forged CV.

 

[THECORBYLOON]

From Sky News,

“perhaps the biggest question of all is whether, what with long-term bond yields higher now (over 5.2%) than the highs they hit in October 2022, after the infamous mini-budget (4.8%), does that mean the economy is in even more of a crisis than it was under Liz Truss?

The second test is to ask a question: is the UK an outlier? Are investors looking at this country and treating it differently to other countries?

And here, the answer is again somewhat reassuring for Ms Reeves. While it's certainly true that UK government bond yields are up sharply in recent weeks, precisely the same thing is true of US government bond yields. Even German yields are up in recent weeks - albeit not as high as the US or UK.

In other words, the movements in bond yields don't appear to be UK-specific.”