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#uk economy
tweetingukpolitics · 1 year
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ghostnamedmem · 3 days
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What the fuck is wrong with the world that 10% of full time workers are in poverty that is horrendous how is the PM gonna say that work is the most important thing and we should all be working at least 35hrs, ideally 70+hrs a week in his words and then not even pay enough to live and then put more restrictions on benefits and make them even harder to recieve and make the requirements harsher what the ever living fuck is wrong with him i hope he has to find out what its like to be at the very least lower middle class he wouldnt last a day
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taxusbaccata6 · 1 year
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'Minimum wage is destroying jobs and must be cut', Liz Truss's economy group claims
They propose freezing the national minimum wage at its current level before going on to reduce the minimum amount a worker can be paid.
As of April, those aged 23 and over earn a minimum of £10.42 per hour.
Those aged 21-22 must be paid a minimum of £10.18, while 18 to 20-year-olds receive £7.49 and under 18s and apprentices are eligible for a £5.28 hourly rate.
Commission co-chairman Shanker Singham said the group was “concerned about how high” the UK’s minimum wage is compared with other countries in the Organisation for Economic Co-operation and Development (OECD), which includes members such as the US, France and Japan.
Singham said: “There is nothing wrong with the minimum wage. What matters in terms of competition is where it is set.
“What we are intending to do in the UK is move it to 66% of median wage, which is far higher than any other OECD country by next year and will be a significant drag on the economy.
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sadiewayne · 2 months
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if y’all want an idea of how bad the uk economy is rn
when i moved to liverpool in early september 2023, the car park at the end of my road cost £5 for 24 hours
now (late february 2024) it is £8
that’s a 60% increase in about 6 months
no wonder we are in a recession
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very-uncorrect · 2 months
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Apparently our economy is in an official recession now
Can't get much worse than it already has been tbh
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officialbabygirl · 7 months
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whos out here selling portions of chips for four quid like chips should be £2 three quid max what r u doing
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I'm laughing so hard rn
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workersolidarity · 4 months
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🇬🇧 🚨UK ECONOMY SHRINKS BY 0.3 PCT FOR THE MONTH OF OCTOBER
The economy of the United Kingdom shrank by 0.3% month-on-month for the month of October, 2023.
Contractions were recorded across all three main sectors of the economy.
Services fell by 0.2%, being the main contributor to the fall in the U.K.'s Gross Domestic Product (GDP). Production output fell by 0.8%, and Construction fell by 0.5%, according to the U.K.'s Office for National Statistics (ONS).
"Services were the biggest driver of the fall with drops in IT (information technology), legal firms and film production -- which fell back after a couple of strong months," Darren Morgan, director of economic statistics at the ONS, is quoted as saying.
"These were also compounded by widespread falls in manufacturing and construction, which fell partly due to the poor weather," Morgan added.
For the three months leading up to October, the U.K.'s economy showed no growth.
Increases in services, led by engineering, film production and education, which recovered from the impact of summer strikes, were offset by falls in both manufacturing and housebuilding, Morgan said.
Via@XinhuaNewsAgency
#source
@WorkerSolidarityNews
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th3d0nutl0rd · 1 month
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do you have any inspirational words for the middle class. 💋
Yes if you are middle class please give me money I am poor and I would like a new shirt that is not from shein. Anddddd post
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tweetingukpolitics · 3 months
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The party of financial responsibility really do want this economy to collapse like a house of cards.
I don't want a single Tory to utter the words 'magic money tree' ever again.
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Okay so our fuckwit prime minister and her fuckwit chancellor have produced a budget SO FUCKWITTED that literally everyone who trades in sterling has taken one look at it and gone "dump that currency before it's so worthless you can't even melt it for scrap metal."
Cool. Cool cool cool.
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My struggles with the label vegan :
I don't eat meat, I don't purchase any animal products brand new in supermarkets and I avoid cosmetic products tested on animals. However I will butcher my own roadkill occasionally, and I will buy secondhand leather and vintage furs, I also buy ethically sourced animal bones/taxidermy/pelts/feathers etc from people I personally know or from people they trust.
I own horses, I ride my horses, I spend most of my time working to pay for my horses. I have spent 2 years building trust with my rescue racehorse who was abused severely once he came off the track, I have done everything at his pace and I listen to him when he says no, he used to be terrified of saddles and bridles due to the previous abuse. With painstakingly slow desensitisation training he can now wear a light saddle and bitless bridle without any signs of fear. He wouldn't let me stroke him when I first got him but now he seeks out affection and is confident/has positive reactions when I ride him (mostly bareback). Including tack I don't weigh more than 15% of his bodyweight, and i don't use spurs or whips (i would be dead if i tried to hold a whip on him). I ride him out on hacks as a form of enrichment and to boost his confidence when dealing with new things, I will school him in both flatwork and jumps on occasion to keep him occupied and to help build up more of his muscles and keep him in shape. Yes, I could lunge him or handwalk him to do the same thing but I can't run as fast as he can, working him on a lungeline will cause him to focus more on one side (the inside) than the other and not use all of his body correctly, and it's near impossible to assess a horses canter when you're the one leading them in a straight line and there's very rarely anyone to help me. Does this mean I'm 'exploiting an animal for my own benefit' ?
It is possible to farm animals with high welfare standards, it is possible to have meat/dairy/fur/wool farms that treat their animals with the kindness they deserve. Sometimes it's not the farmers abusing the animals, sometimes it's the actual slaughterhouses and abattoirs that are cruel and cause unnecessary suffering. I am not against farming/farmers, I am against the industrialisation of agriculture, I'm just not in a position to be able to support the farms I want to because they are more expensive and harder to trace.
I will forever put animal welfare above animal rights. You can't have animal rights that are beneficial for all animals without having a strong foundation of animal welfare legislation that is specialised to each species. (I am aware of the five freedoms but there's too many loopholes in them for me)
I own rescue snakes, geckos and frogs. They need to eat other animals to have a healthy life, so I have a section of my freezer dedicated to frozen rats/mice/quails and I have boxes of live cockroaches/crickets/mealworms.
I would rather kill an animal than force them to go through painful surgeries and treatments that reduce their quality of life.
I don't support most honey brands, because of the impact domestic bees have on wild populations (spreading diseases, purposefully putting hives in ecologically fragile locations such as lowland heathland etc)
Deforestation isn't inherently bad, it depends on the location and the type of forest. Huge man-made monoculture forests should be removed, and yes it will look like a post-apocalypse for a while but you soon see a variety of native plants sprouting (especially in areas where it used to have a dense canopy)
I will never call farmers evil and I will never advocate for the abolishment of all animal farms in the uk. I will advocate for more transparency in slaughterhouses, for easier tracing for the consumer so we know exactly where the animal products came from (not just a red tractor certified farm), for putting the animals welfare first, for paying farmers fairly, for more economic help for farmers to encourage sustainable and ecologically friendly methods (cover crops, woodland pastures, hedges>fences)
It is not beneficial to encourage human-wildlife interactions but understanding human impacts on wildlife is essential. Having foxes and badgers come to your back door isn't cute, it's an accident waiting to happen. Releasing 'rescued' invasive species ,like grey squirrels and mink, doesn't make you a wildlife warrior, it means you're uneducated and don't understand basic ecosystems.
(There's alot more but I needed this off my chest rn, so will be making a part 2)
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taxusbaccata6 · 1 year
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scottydd · 2 years
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UK mortgage rates
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