Both the Conservatives and the Liberal Democrats are now calling for Rachel Reeves to cancel her trip to China as the pound falls and government borrowing costs rise www.bbc.co.uk/news/article... - ThreadSky

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hzeffman.bsky.social • 56 days ago

Both the Conservatives and the Liberal Democrats are now calling for Rachel Reeves to cancel her trip to China as the pound falls and government borrowing costs rise

https://www.bbc.co.uk/news/articles/c1404j3xmxdo

Comments

labourian.bsky.social•56 days ago

Pathetic. Crisis: what crisis? I hear you say. We were elected to enact change and to repair public services and we will do just that. Money markets have their own reasons; but democratic they are not.

pennyflynn.bsky.social•56 days ago

This happened after Brexit? Why didn’t they call for the Tories to do something then?

alexmassie.bsky.social•56 days ago

Of course! Everyone knows that staying at home is a surefire way of bringing down gilt yields.

outeast.bsky.social•56 days ago

Would that help, or are they just willy-waving?

hzeffman.bsky.social•56 days ago

Mel Stride: “The Chancellor should now cancel her travel and focus on this country instead.”

Ed Davey: "Instead of jetting off to China, the Chancellor should urgently come before the House of Commons to cancel her counterproductive jobs tax"

slappingkarma.bsky.social•56 days ago

There is a human rights angle that I believe should get some attention. Let's not immediately bow to China. Generally the Chancellor's attendance is to add gravitas to a trade delegation. That can probably still go ahead without her.

sjj.bsky.social•56 days ago

Performative outrage. "The Chancellor should do the things we say she should do because it makes us look smart and the ones that are really running the country."

Whilst really they are delighted the economy is still tanking from years of mismanagement.

stopthetories.bsky.social•56 days ago

Bit rich from the Tories and the Liberal Democrat’s who subjected this country to austerity, cutting budgets to the bone while borrowing billions and not rebuilding the country, just dishing it out onto their mates.

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