UK in Trouble Joe Blogs

[TexasTowelie]

The UK has just announced its latest Budget — but instead of fixing Britain’s economic problems, the numbers reveal an economy sliding deeper into trouble. In today’s video I break down the major tax changes in the Budget, explain how they will impact workers, homeowners, landlords and businesses, and expose what wasn’t included in the Budget that the Government doesn’t want to talk about.

We’ll look at the new stealth tax rises, higher taxes on savings and investments, the freeze on income-tax thresholds, the squeeze on pension benefits, and why the UK tax burden is heading for the highest level since World War Two. But just as important is what the Budget left out: no support for mortgage holders, no plan for growth, no productivity strategy, no help for the housing market, and no major investment in public services.

With inflation still sticky, interest rates expected to stay high, growth flatlining and government debt near record levels, the UK is now facing the real risk of a prolonged period of stagnation — or even stagflation.

Is Britain heading toward a deeper economic crisis? Let’s take a closer look.

Chapters:
0:00 Intro
1:54 GDP
3:20 DEBT
5:24 UNEMPLOYMENT
5:45 INFLATION
6:51 INTEREST RATES
8:17 BUDGET
12:20 SUMMARY & CONCLUSION