#rachel reeves budget
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Rachel Reeves: The Vanguard of UK's Economic Diplomacy with China
Rachel Reeves, the UK Finance Minister, is set to embark on a significant diplomatic mission to China in January 2024. This visit is poised to revive regular economic talks between the two nations and strengthen bilateral relations. With the Bank of England Governor joining her on this key visit, the trip is expected to have far-reaching implications for the UK’s economic strategy and…
#chancellor#economic growth#economics#economy#finance#gdnpfpmoney#gdnpfpnewspolitics#gdp#guardian#keir starmer#labour economy#money#national insurance#office for national statistics#ons#rachel reeves#rachel reeves budget#rachel reeves gdp#rachel reeves reacts#recession#tax increase#uk economy#uk economy shrinks#uk gdp#uk gdp falls#uk gdp srinks#uk recession
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Rachel Reeves is wrong to say there was no alternative to her tax-raising budget | Rachel Reeves
Rachel Reeves seems to show an extraordinary lack of imagination with her tax on jobs, raising employers’ national insurance (NI) contributions (‘We had no alternative’: Reeves defends her budget to the CBI, 25 November). Several sources have proposed far more worker-friendly and small-business-friendly ways of plugging the Treasury’s alleged £22bn hole. For example, the Institute for Fiscal…
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When you see these in Guardian politics feed updates, you know that it's going to be a busy day.
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Tories back Perry to have another go as £82,000 per year Mayor
Remember, remember, the fifth of November… There might be an election going on elsewhere today, but in Croydon the selection results are already in, and local Conservatives are standing full-square behind part-time Perry in his bid to remain as Mayor. As WALTER CRONXITE, our political editor reports, the way things are going, he might just win With 18 months to go until the next Town Hall…
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#Budget#Conservative#Council Tax#Croydon#Croydon Council#Green Party#Keir Starmer#Labour#Liberal Democrats#London#London Assembly#London Borough of Croydon#Mayor Jason Perry#Rachel Reeves#Tory#Two-child benefit cap#Winter Fuel Payment
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The real black hole.
I��m feeling a bit shell shocked today. The idiots went and did it. The neoliberal iteration of the Labour party actually kept the Tories’ plans for ‘welfare reforms’ and for reform, read ‘cuts’. The gist of it is that those with mental health issues are going to be exposed to more harm than ever under this government and, let’s face, people are going to die because of them. For months we have…
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#austerity#austerity 2.0#budget 2024#kid starver#kier starmer#liz kendal#Rachel Reeves#welfare reform
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PM did not rule out an NI increase for employers
#employers’ NI#Keir Starmer#Labour budget 2024#National Insurance#October 30 budget#Rachel Reeves#tax increase#UK economy
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#chancellor of the exchequer rachel reeves#united kingdom#asylum seekers#rwanda#offshore asylum processing#uk budget#tories
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I feel like the turkey that voted for Christmas...
“Local woman convinced stone has some blood in it yet – will also consider extra beating for dead horse.”
Alternatively:
“Man kicks self in balls to ensure balls stop hurting.”
#labour government#uk news#uk political news#uk#broken britain#brexit broke britain#rachel reeves#uk welfare state#poverty gap#uk labour party#uk budget 2024#uk national debt#british government
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this a view of someone who's ignored european developments since 2007, opting for a rosy, outdated view of european politics, i.e. the exact type of american committing the exact type of mistake i'm warning about.
to address this point by point: not only has inflation been a global issue, but the US has consistently enjoyed the lowest inflation of any developed economy. american CPI has remained below the british, polish, and eurozone average numbers. european economies have to deal with fallout from the russian invasion of ukraine that the us can ignore: notably, in energy prices, as the US became self-sufficient in energy (and never imported any from russia to begin with, something squeezing the german economy). america is also not hosting millions of ukrainian refugees.
when discussing european instutions—and "europe" in general—one has to be more specific. do you mean the overarching institutions of the EU, criticized for a democratic deficit that many have pinpointed as one source for euro-skepticism and the rise of the far right? the EU Council, widely ignored and headed by charles michel, an incompetent, blatant nepobaby appointment whom everyone grinds their teeth over? the EU parliament, recently filled with a fresh batch of far-right hooligans, which functions more or less as a rubber stamp for the commission? the EU commission itself, headed by VdL, the latest in a string of failed local politician commissioners (who remembers the alcoholic swindler juncker?) masquerading as technocrats? the ECB, which smothers the monetary (and through the maastricht criteria, the fiscal) policy of eurozone members, thereby fueling resentment, far-right movements, and economic disparity? and all of this held hostage by the veto of one orban or fico, —or the german supreme court, when it decides it's had enough with public investment. those institutions, which remain so opaque that even educated americans—and europeans—aren't entirely aware of their function?
or do we mean the institutions of individual countries, ranging from undemocratic autocracies like hungary to the fief of the jupiter king, who called elections in june, lost them, refused to nominate a prime minister from the winning coalition, didn't name any for over a month, and then appointed a rightwing politician from a party that scored dead last, sidestepping his own centrist party? the UK, where sir keir is handing out five years in jail time to climate protesters, raising tuition fees, relying on private investment companies, and through rachel reeves' plan to fix the alleged budget hole left by hunt before further investment, again enacting austerity? this is all front-page headline news from the last half year.
european countries indeed have cheaper healthcare costs, better pensions, and other public goods that the united states does not. when considering "quality of life," remember, however, that most european countries have unemployment rates considered astronomic in america, especially for under-35s:
to focus again and again on european social democracy is to ignore that it has been steadily eroded since the end of the cold war and especially since the great recession by neoliberal political forces that crush the left and open the door for the far right. in the most blatant example, beside's macron's legislative politricks, the IMF-ECB-EC troika cut off euro cash liquidity flow to greece when syriza was trying to undo austerity under varoufakis. the greek collapse consigned a generation to economic failure, killed seniors, and curtailed possibilities for the youth. this erosion happened even in the nordic model, long imagined by americans as nothing short of a utopia:
In part due to the scrapping of wealth and inheritance taxes and a lower corporate tax than both the U.S. and European averages, Sweden has one of the most unequal distributions of wealth in the world today: on a level with Bahrain and Oman, and worse than the United States. Perhaps most dispiriting for Sanders, Sweden also now hosts the highest proportion of billionaires per capita in the world. Many of the country’s trademark social services are now provided by private firms. Its private schools even benefit from the same level of state subsidy as public schools—a voucher system far more radical than anything in the United States and that Democratic politicians would be crucified for advocating. Both here and there, right-leaning commentators in 2020 decried Sanders’s portrait as little more than what Johan Norberg, Swedish author of The Capitalist Manifesto, has called a 1970s “pipedream.” On this, Swedish observers on the left gloomily agree: despite official rhetoric, the “Nordic welfare model” is now more nostalgic myth than reality. (x)
to problematize further, there's an unadressed first world perspective: who's getting the good quality of life, why are the main economies of the EU so wealthy, and how does the EU continue to enrich itself? there are certainly many living outdoors today, drowning in the mediterranean, or dying of exposure in białowieża. fortress europe is a crime against humanity—and it doesn't beat back the far right. it weakens civic and human rights, undermines legal oversight, and criminalizes humanitarian engagement, allowing an authoritarian creep.
you shouldn't understand the political and the historical as a snapshot in time, but as a moving train. this is the state of europe today. all of the above is necessarily a simplification and an abbreviation, but there's a trajectory you can begin to trace out: given all of the above, where do you think europe is headed?
#sorry that the US and Poland are the same shade of pink in the CPI chart i couldn't change it#please stop idealizing europe's political trajectory. it's 2024. you've got to stop.#i'm not trying to insult or condescend the person who left this but to shed light on what are extremely obvious issues mystified#by a decades-old mirage of europe still trapping hordes of well-meaning americans who ought to know better#if tugoslavija were here...
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By Rodney Atkinson Freenations
December 24, 2024
Britain’s new Labour Government has managed in six short months to reduce an economy growing at the fastest rate in the G7 group of leading economies to falls of -0.1% in both September and October with no growth in the large services sector as fearful consumers reduced spending and business paused investment. With manufacturing and construction declining at a pace of 0.6% and 0.4% respectively in October, annual inflation has risen to 2.6% and the 10 year government bond interest rate has risen from 3.8% to 4.6% – a massive vote of no confidence in Government debt management.
The largesse distributed by Prime Minister Starmer and Chancellor Rachel Reeves to doctors, train drivers and the nationalised sickness service (NHS – £25 billion extra) led to a budget in which the State raised taxes by a staggering £40 billion, increased the minimum wage, increased already crippling business rates and increased employers’ national insurance payments for each worker.
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£40bn of tax rises - but local councils left waiting for an answer
CROYDON IN CRISIS: Labour’s first Budget in 14 years made no mention of councils with ‘toxic debt’ or any reframing of the central government’s settlement with local authorities. Political editor WALTER CRONXITE assesses what has been described as ‘a mixed bag’ Boxed in: £40bn of tax rises in Rachel Reeves’ Budget Sad to say, but it looks like Rachel Reeves doesn’t read Inside Croydon. Despite…
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#Andrew Fisher#Barwell#Budget 2024#Chancellor#Chancellor of the Exchequer#Conservative#Croydon#Croydon Council#Gavin Barwell#Labour#Liberal Democrats#London#London Assembly#London Borough of Croydon#Rachel Reeves#Tory#Transport for London
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All my pessimistic sonic 3 theories before it launches so I can be dodgeballed:
1. They will get black doom into it. He will be either heavily referenced or overtly mentioned. They will really. Really. Really. Want to milk that cow.
2. They will not give shadow a single gun in this movie (because they’re cowards).
3. Keanu Reeves will not once sound like a teenage boy.
4. Shadow moves in with Rachel and Jojo at the end. Half of tumblr will try to explain how adopted cousins “isn’t incest”.
5. They’ll tease silver at the end, his voice actor will be his original because they do not have the budget (pls god let him have the snap cube voice I’m begging it’d be so funny/kill all tension)
6. There will not be a single female mobian in these films. When the series eventually ends the last film will be the one to finally tease Amy.
Please Paramount prove me wrong. I’m just going into this with expectations low in hopes it’ll be better.
#sonic movie 3#sonic the hedgehog#after this I shall be blocking the tag until I can go see it next week#you see if I post it it won’t happen right?!?
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Four years on from the pandemic and long Covid’s inequalities have only worsened - Published Nov 27, 2024
By Mohamed Ali
Fatigue, cognitive difficulties, and breathlessness are still a daily reality for many. It is particularly acute in poorer communities
From as early as 2020, it was clear that the Covid pandemic was not the great equaliser it was initially portrayed to be.
Instead, it exposed and exacerbated entrenched inequalities, with those in poorer communities, frontline workers, and individuals with existing health conditions bearing the brunt of the crisis.
Four years later, as we grapple with the ongoing shadow of long Covid, those same groups continue to suffer disproportionately.
The lingering effects of the pandemic Long Covid, known as post-Covid-19 syndrome, is a condition where people continue to experience symptoms weeks or months after recovering from the initial infection.
While many recover fully from Covid-19, others find themselves facing a wide range of ongoing health problems that can affect their daily life. These symptoms can include extreme fatigue, difficulty thinking clearly or “brain fog”, shortness of breath, chest pain, and muscle or joint aches.
What makes Long Covid particularly challenging is that it doesn’t just affect those who were severely ill; even people with mild or asymptomatic infections can develop it.
Research indicates that approximately 10 per cent of people infected with Covid-19 may experience Long Covid, with estimates suggesting that at least 65 million individuals worldwide are affected, and this continues to increase annually.
Scientists believe Long Covid is linked to the body’s prolonged response to the virus, which can impact multiple organs and systems. As researchers work to understand this complex condition, its effects on millions worldwide highlight the importance of recognising Long Covid as a serious and legitimate health issue.
Despite promises of reform, the Labour government’s plans to tackle long Covid have raised as many questions as answers.
Can their policies repair a healthcare system battered by years of underfunding, or will they fall short for those most in need?
As we examine the government’s response, the urgency of addressing this crisis becomes clear – but so too does the need for bolder action.
The unequal burden of long Covid By March 2023, 1.9 million people in the UK were living with long Covid, with over a million enduring symptoms for more than a year. Fatigue, cognitive difficulties, and shortness of breath have become the daily reality for many.
But this reality is even harsher for poorer communities, where long Covid has reinforced and deepened existing inequalities.
These are the same communities that bore the brunt of the initial waves of Covid-19.
Overcrowded housing, limited access to healthcare, and a reliance on public-facing jobs meant higher exposure and worse outcomes.
Now, with long Covid, these structural inequalities have been magnified further.
Many cannot afford to stop working despite debilitating symptoms, leaving them trapped in a cycle of poor health and economic instability.
Are the government’s plans enough? In 2024, the Labour government inherited a healthcare system under strain, with the added weight of long Covid exacerbating the crisis.
While it has pledged to tackle the systemic failures exposed during the pandemic, the effectiveness of its response remains uncertain.
The NHS received a £25.6 billion funding boost in Rachel Reeves’ first budget, but after adjusting for inflation and demographic pressures, real growth is just 1.7 per cent.
This modest increase must cover rising demands, workforce pay pressures, and the productivity challenges of a post-pandemic health service.
While the previous government allocated £314 million to long Covid services, including over 100 specialist clinics, there is no clarity on how Labour intends to sustain or expand these services.
In October 2024, Andrew Gwynne MP, the Parliamentary Under-Secretary for Health and Social Care, highlighted the government’s £58 million investment in UK research to better understand long Covid.
This funding aims to improve diagnosis, explore the disease’s mechanisms, and evaluate treatments.
However, these steps, while welcome, fail to fully address the scale of need, especially as existing clinics remain concentrated in urban centres, limiting access for rural and underserved populations.
The absence of earmarked funds for long Covid in the latest budget raises important questions about future priorities.
The government’s focus on immediate wins, such as surgical hubs and diagnostic scanners, may overshadow the need to address systemic issues like equitable access to long Covid services and sustainable funding for chronic illness care.
Labour’s rhetoric about addressing health inequalities is promising, but the lack of concrete details on how these plans will be implemented is troubling. It’s unclear how they intend to ensure that funding reaches the areas most in need or that the clinics will provide consistent, high-quality care.
Economic and workplace realities The proposed Employment Rights Bill, introduced by Labour, aims to strengthen workplace protections with reforms such as day one unfair dismissal rights, universal sick pay, and stricter regulations on zero-hours contracts.
While these measures represent progress, they fail to address the specific challenges faced by workers with long Covid.
For the 1.2 million affected, including 346,000 who are severely limited in their daily lives, symptoms such as fatigue and cognitive impairment make maintaining employment an ongoing struggle.
The bill still lacks provisions to hold employers accountable for providing reasonable accommodations for workers managing long-term health conditions, leaving a critical gap in support.
Without targeted measures, such as explicit protections for those with long Covid or enforcement mechanisms to ensure employers comply, these reforms risk being broad strokes that fail to reach the workers most in need. The success of the bill will ultimately depend on its implementation and whether it can truly deliver meaningful change for vulnerable workers.
The Labour government’s proposals to expand sick pay and enforce flexible working arrangements are steps in the right direction, but they feel half-hearted.
The stark reality is that workers in low-wage sectors, where long Covid is most prevalent, are the least likely to benefit from these reforms. Employers in these industries often resist flexibility, and without stronger enforcement mechanisms, many workers will remain unprotected.
For women, who are slightly more likely than men to experience long Covid, the challenges are even greater.
Women are overrepresented in caregiving roles and part-time work, and the combination of long Covid symptoms and limited workplace support leaves them vulnerable to economic hardship.
The government’s plans fail to adequately account for these gendered impacts, leaving a significant gap in their strategy.
The silent crisis in schools For children and young people, long Covid has disrupted, often leaving them unable to attend school consistently or keep up with their peers.
For students in lower-income families, where access to resources for remote learning is limited, these challenges are even more severe.
Recent research highlights the isolating and stressful impact of school absences for young people with long Covid, who are eager to return to their classrooms and connect with peers.
While the study, which involved a small sample of children, parents, and caregivers, provides valuable insights, it lacked the ability to capture experiences across diverse age groups, ethnicities, and social classes.
Labour has promised to provide additional funding to schools to train teachers in recognising and supporting students with long Covid. While this is a start, it does little to address the structural issues driving educational inequity.
Without targeted investment in schools in deprived areas, the long-term educational consequences for children with long Covid risk widening the attainment gap even further.
A healthcare system on its knees The NHS, already on its knees after years of austerity and the pandemic, has been further weakened by long Covid.
Healthcare workers, many of whom are suffering from long Covid themselves are stretched to breaking point. Staff shortages, burnout, and inadequate mental health support mean that even as the Labour government promises reform, the reality on the ground remains bleak.
Labour’s plans to rebuild the NHS, including addressing staffing shortfalls and improving working conditions, are essential. But the scale of the challenge is daunting. Without a radical shift in how healthcare is funded and managed, the NHS risks being unable to cope with the ongoing demands of long Covid, let alone future crises.
Amidst these shortcomings, advocacy groups like Long Covid SOS and Long Covid Support have filled the gaps left by government inaction. These organisations have not only provided resources and support for those affected but have also been critical in shaping public awareness and policy discussions around long Covid.
The Labour government has pledged to engage with these groups to ensure that lived experiences inform policy decisions. While this is encouraging, the onus remains on the government to turn these conversations into meaningful action. Advocacy groups can only do so much; systemic change requires leadership from the top.
Long Covid is not just a health crisis, it is a crisis of inequality. The Labour government’s promises, while well intentioned, risk falling into the same traps as their predecessors: underfunding, slow implementation, and failure to prioritise the most vulnerable. Words alone will not address the entrenched disparities that have further been exacerbated by the pandemic.
What is needed is bold, decisive action. Long Covid clinics must be expanded to reach rural and underserved areas. Funding for schools and workplaces must reflect the scale of the problem, and enforcement mechanisms must ensure that protections for workers are not merely optional. Above all, the government must deliver on its promise to put equity at the heart of its response.
For now, long Covid remains a stark reminder of how inequality shapes health outcomes in the UK. Addressing it is not just a matter of policy it is a moral imperative. Whether Labour can rise to this challenge remains to be seen, but time is running out for those who can least afford to wait.
#mask up#public health#wear a mask#pandemic#covid#wear a respirator#covid 19#still coviding#coronavirus#sars cov 2#long covid#covid conscious#covid19#covid is airborne
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Reeves' double Budget blow: Gilt yields hit post-election high as UK business confidence falls
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Home Office won’t be allowed to raid aid budget for asylum hotels
Rachel Reeves’ Budget will contain measures to ensure the Home Office can no longer routinely raid Britain’s aid budget to pay for hotels for Channel small boat asylum seekers, i has learnt.
#Rachel Reeves#Chancellor of the Exchequer#home office#asylum seekers#united kingdom#great britain#english channel#channel small boat asylum seekers#asylum hotels
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