How was England’s great economy ruined?

 Wed 6:55 pm +00:00, 27 Aug 2025  1

posted by Tapestry

Are we losing the economic war against Russia?  Have the sanctions supposedly against Russia hit London harder than Moscow?

Britain’s energy costs are higher than Germany’s.  The result is deindustrialisation.

Now Trump Tariffs are hitting the UK.

The welfare bill is rising with real wages stagnant or falling.

Young people can’t afford to buy homes or start families.

They are leaving the workforce and getting into the benefits system.

The government needs £50 billion – and is threatening to tax enterprises and wealthier people.

Taxes are as high as they can go.  The level of debt both public and private are high and rising.

Is an IMF bailout coming as they did in 1976?

Will they blame Brexit and seek to reverse it?  That’s the narrative in the media.

That’s a red herring, as it’s the Russian situation and the foolish support for Ukraine that has driven up debt.

John Redwood points out that Bank of England operations have lost hundreds of billions in buying and selling gilts at unnecessarily crazy losses.

The Alexes don’t mention that.  National Rail loses more than £30 billion a year, as does the Government’s own enterprise investment.

If the IMF bailout comes, it will destroy Labour.  This feeds into a Farage victory at the next election.

And that means the Yookay’s first Moslem Prime Minister (as Farage resigns from illhealth after six months in post).

Better fly that Engand flag, and stop using the Yookay Union flag, the flag of our corrupted federal government.