Did you listen to the Business report on R4 this morning? fixed income expert from Frankfurt, said that yields have risen across the world and its tracking USA interest rates & there is little Reeves can do about.
EU lower because the ECB has lower interest rates.
But the point here is rates have risen from approx 4.5% in December, 4.84% now.
Yes not great at all but it is not the disaster the media/Tories are portraying.
Why should people on the left oppose all spending cuts? not all spending is good value for money eg weight loss drugs, apparently if given to most of the 3.5m obese people in the country, would bankrupt the NHS... is that good VFM ?
Is it great to pay perfectly fit people to sit at home on benefits, when they could be given training and support to find work?
Is it good VFM to give private operators of childrens homes 100s of 1000s each year per child???
A huge waste is housing benefit element of UC, billions passed into LLs hands, more council housing reduces this but who got rid of council houses?
I want any Govt to ensure money is spent wisely, the Tories spent £28 billion on HS2 but then cancelled it, all that money down the drain... in your opinion, good VFM ?