Joke of the day.

16 comments
  1. Eh? We’re in fear of our pensions, in fear of our mortgages, in fear of our jobs, having to choose between heating & eating, inflation is eating what little savings we might have…

    …and this prick is puffing his chest out yelling “I saved the day!”

    JFC.

  2. That’s a wait and see victory he’s pronounced on consumer spending. Wait until they see poorer than average sales over the Christmas period, at the latest, for him to be proven wrong, the economically illiterate, dick. Unless they’re talking about energy bills as consumer spending.

  3. They took “decisive decision” in the vein of someone watching a man drown and deciding to run into a shop to buy a very expensive UHD video camera to film him with.

  4. I remember reading before the mortgage issue that anyone below 155k a year would be worse off when taking the energy hike and general inflation into account since that would eat up any benefit from the tax cut.

    How does that actually help with consumer spending?

  5. If you’re on the 40% higher rate you’ll be paying the max of the 20% tax -£7540 and the reduction to 19% will give you an extra £377 in your pocket. Don’t spend it all at once! 🙄

  6. > He said the government would announce reforms in “childcare, business regulations, financial services, agriculture and more” over the next six weeks.

    Oh please no

  7. If Kwasi wants to increase consumer spending then why didn’t he implement policies that slashes VAT and/or increase the personal tax allowance? Instead he gives tax breaks to rich people. If rich people actually spent their money instead of hoarding wealth like Smaug then we probably would have a much stronger economy.

  8. Yes Kwasi, you did…

    Because everyone is shit scared to spend anything because you’ve sent the markets into complete turmoil

  9. Mate, what?

    How are consumers going to be spending while paying 6% on their mortgages?

    You are fucking mad.

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