Brits face sharpest fall in living standards on record

Guno צְבִי

Guno צְבִי

We fight, We win, Am Yisrael Chai
Alongside confirmation that the country has entered a recession and GDP will contract by 1.4% in 2023, the Office for Budget Responsibility (OBR) on Thursday estimated that real household disposable income — a measure of living standards — is projected to fall by 4.3% in 2022-23.


The cumulative decline of 7.1% between 2021-22 and 2023-24 would reduce RHDI to its lowest point since 2013-14, erasing eight years of growth.


LONDON — As the U.K. government announces a £55 billion ($65.5 billion) program of tax hikes and spending cuts, the country faces its sharpest fall in living standards since records began.

Alongside its confirmation that the country has entered a recession and GDP will contract by 1.4% in 2023, the independent Office for Budget Responsibility (OBR) on Thursday estimated that real household disposable income — a measure of living standards — is projected to fall by 4.3% in 2022-23.

This would be the largest single-year decline since the Office for National Statistics (ONS) began recording in 1956-57, and will be followed by the second-largest fall of 2.8% the following year.

https://www.cnbc.com/2022/11/18/bri...n-record-as-government-tightens-its-belt.html
 
guno said:
Alongside confirmation that the country has entered a recession and GDP will contract by 1.4% in 2023, the Office for Budget Responsibility (OBR) on Thursday estimated that real household disposable income — a measure of living standards — is projected to fall by 4.3% in 2022-23.


The cumulative decline of 7.1% between 2021-22 and 2023-24 would reduce RHDI to its lowest point since 2013-14, erasing eight years of growth.


LONDON — As the U.K. government announces a £55 billion ($65.5 billion) program of tax hikes and spending cuts, the country faces its sharpest fall in living standards since records began.

Alongside its confirmation that the country has entered a recession and GDP will contract by 1.4% in 2023, the independent Office for Budget Responsibility (OBR) on Thursday estimated that real household disposable income — a measure of living standards — is projected to fall by 4.3% in 2022-23.

This would be the largest single-year decline since the Office for National Statistics (ONS) began recording in 1956-57, and will be followed by the second-largest fall of 2.8% the following year.

https://www.cnbc.com/2022/11/18/bri...n-record-as-government-tightens-its-belt.html
Click to expand...

If this doesn't prove nationalism and isolationism, AKA "Brexit" hurts economies, nothing will. "America First' didn't work, either. Just ask all fat donnies endorsed candidates!
 
It was reported that Russia was involved with the Brexit march



This is exactly what Putin wanted to see happen to the UK
 
https://en.m.wikipedia.org/wiki/Russian_interference_in_the_2016_Brexit_referendum


Russian interference in the 2016 Brexit referendum is a debated subject and remains unproven, though multiple sources argue evidence exists demonstrating that the Russian government attempted to influence British public opinion in favor of leaving the European Union.[1] Investigations into this subject have been undertaken by the UK Electoral Commission, the UK Parliament's Culture Select Committee and Intelligence and Security Committee, and the United States Senate.[2][3] "The Russia Report" published by the Intelligence and Security Committee of Parliament in July 2020 did not specifically address the Brexit campaign, but it concluded that Russian interference in UK politics is commonplace.[4][5] It also found substantial evidence that there had been interference in the 2014 Scottish independence referendum.[6][5]
 
Russia report
Edit
On 17 October 2019, the Intelligence and Security Committee of Parliament delivered to the Government "The Russia report" into allegations of Russian interference in British politics, including alleged Russian interference in the referendum.[72][40] The government (led by Prime Minister Boris Johnson), which formally has authority to control the timing of its release to the public, refused to do so before the 2019 United Kingdom general election in December.[73] A number of legal actions tried to force the government to publish it.[74] In November, the Bureau of Investigative Journalism started a crowdfunding exercise to raise funds for legal action to force the British government to release the report.[75] In July 2020 the report was released by the ISC led by chairman Julian Lewis MP [5]

The report said the government “had not seen or sought evidence of successful interference in UK democratic processes,” and an official UK government response said: “We have seen no evidence of successful interference in the EU referendum.”[5]

The report also stated that the government had made minimal effort to investigate potential Russian interference into the Brexit referendum other than consulting open-source commentary.[5] The report discussed more broadly Russian interference in British politics, including an extensive "laundromat" of Russian investment into the United Kingdom often connected to the Russian state and the Putin-linked elite.[76][77] It discussed the likely effect on politics and that many members of the House of Lords have business interests in Russia.[77] The report stated that no government ministry took significant interest or specific responsibility in investigation, and that the British intelligence community believed election integrity was not a major focus.[77] It stated the presence of Russian intelligence in the UK is significant and poses a risk to Russian expatriates who criticise Putin.[76]

The report describes the United Kingdom as one of Russia's "top targets" and said it is "seen as central to the Western anti-Russian lobby".[78]

In September 2020, the Electoral Commission raised concerns about Russia-linked donations to the Tories that occurred prior to the Brexit referendum.[79][80] In October 2021, the Pandora Papers revealed more information about the potentially Kremlin-linked donations and multiple others.[81]
 
guno said:
Alongside confirmation that the country has entered a recession and GDP will contract by 1.4% in 2023, the Office for Budget Responsibility (OBR) on Thursday estimated that real household disposable income — a measure of living standards — is projected to fall by 4.3% in 2022-23.


The cumulative decline of 7.1% between 2021-22 and 2023-24 would reduce RHDI to its lowest point since 2013-14, erasing eight years of growth.


LONDON — As the U.K. government announces a £55 billion ($65.5 billion) program of tax hikes and spending cuts, the country faces its sharpest fall in living standards since records began.

Alongside its confirmation that the country has entered a recession and GDP will contract by 1.4% in 2023, the independent Office for Budget Responsibility (OBR) on Thursday estimated that real household disposable income — a measure of living standards — is projected to fall by 4.3% in 2022-23.

This would be the largest single-year decline since the Office for National Statistics (ONS) began recording in 1956-57, and will be followed by the second-largest fall of 2.8% the following year.

https://www.cnbc.com/2022/11/18/bri...n-record-as-government-tightens-its-belt.html
Click to expand...
Biden and the Democrats kept us from a similar fate.
 
guno said:
Alongside confirmation that the country has entered a recession and GDP will contract by 1.4% in 2023, the Office for Budget Responsibility (OBR) on Thursday estimated that real household disposable income — a measure of living standards — is projected to fall by 4.3% in 2022-23.


The cumulative decline of 7.1% between 2021-22 and 2023-24 would reduce RHDI to its lowest point since 2013-14, erasing eight years of growth.


LONDON — As the U.K. government announces a £55 billion ($65.5 billion) program of tax hikes and spending cuts, the country faces its sharpest fall in living standards since records began.

Alongside its confirmation that the country has entered a recession and GDP will contract by 1.4% in 2023, the independent Office for Budget Responsibility (OBR) on Thursday estimated that real household disposable income — a measure of living standards — is projected to fall by 4.3% in 2022-23.

This would be the largest single-year decline since the Office for National Statistics (ONS) began recording in 1956-57, and will be followed by the second-largest fall of 2.8% the following year.

https://www.cnbc.com/2022/11/18/bri...n-record-as-government-tightens-its-belt.html
Click to expand...

The economic depression affects a lot of nations, including the UK. It started the same way. Liberals shutting down the economy over manufactured fears.
 
th
 
This man;

th

Jermy Corbyn

should have been the UK leader, but he was backstabbed by this man;

th

Keir Starmer

backed by the media and money of these men;

th

Boris Johnson and the British Board of Deputies

because he planned to end the selling of British armaments to fascist Israel.


Now the UK is fucked.

Israel-s-end2.jpg


AIPAC has fucked America too .
 
moon said:
This man;

th

Jermy Corbyn

should have been the UK leader, but he was backstabbed by this man;

th

Keir Starmer

backed by the media and money of these men;

th

Boris Johnson and the British Board of Deputies

because he planned to end the selling of British armaments to fascist Israel.


Now the UK is fucked.

Israel-s-end2.jpg


AIPAC has fucked America too .
Click to expand...

Fail
 
moon said:
You just don't like the light.
Click to expand...

You are never right

Yet you fight and fight


Perceiving some slight


You will go into that good night


Baring your imagined blight


With your eyes closed tight


While you disappear from sight
 
moon said:
This man;

th

Jermy Corbyn

should have been the UK leader, but he was backstabbed by this man;

th

Keir Starmer

backed by the media and money of these men;

th

Boris Johnson and the British Board of Deputies

because he planned to end the selling of British armaments to fascist Israel.


Now the UK is fucked.

Israel-s-end2.jpg


AIPAC has fucked America too .
Click to expand...

yep because then less .02 of the world population controls everything :palm:
 
evince said:
You are never right

Yet you fight and fight


Perceiving some slight


You will go into that good night


Baring your imagined blight


With your eyes closed tight


While you disappear from sight
Click to expand...

Repetitious rhyming is the hallmark of immature verse.
 
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