UK will not enter a recession this year, Finance Minister Jeremy Hunt says in budget speech

31 comments
  1. I love his optimism. Also the optimism when they think we will hit 2.9% inflation rate by the end of this year. However, I don’t quite believe it.

  2. I mean technically an ongoing depression brought about by ongoing austerity policies is not the act of entering a recession

  3. Cant be a recession if they are dragging the disabled and over 50s outta retirement etc
    More slaves for the machine

  4. Well that sure is a weight off of my mind. Imagine having been so stupid as to base my fears and trepidations on reality rather than the word of my betters. What a tool I have been.

  5. “We’re setting it up perfectly for when Labour get in so we can keep the narrative that Labour crash the economy”

  6. What does it even matter if wages are below inflation by a massive amount and quality of life is just generally worse?

    Maybe we can ‘um actually we’re not technically in a recession’ ourselves into better living standards

  7. Will the economy do well though? Avoiding a recession is one thing, flourishing is another though. With living standards still below 2008 levels and wages failing to keep up with inflation, hanging our hopes on growth of less than 0.5% is hardly encouraging.

  8. I don’t think I’ve ever heard the word “technically” said so many times in one day… Like gee we get it might look good on your paper form H*nt but it is in no way a good indicator that our economy is healthy or even alive at this point!

  9. Hes says this when concurrently a major global bank teeters on the edge, 2 large US banks have just collapsed and the whole banking sector globally is having a massive dump.

    I’m getting a strong smell of aged milk about your comment, Jeremy.

  10. Coming from the same government that’s in denial about remarks made about how good Brexit would be or that apparently needs to spend a week tearing into a football commentators opinion on government policy rather than the policy it self,
    Or one that can’t seem to hold onto any integrity, allowing for massive disinformation to spew unchallenged.

    Mr Hunt I’ll believe it whe I see it

  11. _”Chancellor Jeremy Hunt said the economy would shrink this year but avoid recession.”_

    What the fuck is a recession then you nimwit.

  12. Well now I feel better about struggling to pay energy bills, food shopping, increased mortgage rates, council tax and the value of my income plumeting. HAZAR THE PEASANTS WAIL!!!

  13. It’s really weird how the UK economy tends to go to the brink of a technical recession, but somehow the data manages to show its been avoided (even if it’s edited later to do so).

  14. Oh we will, as soon as millions can barely afford their electric bill from next month and anything else other than basic bills and food

Leave a Reply