Evening lovelies 😁. Sorry for the lack of engagement. Life is chaotic atm.
God awful news for the hospitality industry. 90K job losses is shocking. It will take years, if not decades, to recover from this Labour stint. It's unforgivable that we have a Chancellor who hit businesses with tax rises when many were still very fragile post covid. She should know this ffs. Growth FIRST, then and only then, look at taxes.
Yields on 30 year bonds have now reached 5.62% which is a 27 year high. Not quite up to the high of 5.66% we saw in April but its only heading one way ⬆️. Reeves's piss poor decisions are coming home to roost.
Farage has caused a stir today hasn't he! Will Labour dance to his tune? Interesting to see how far Labour will go on immigration to stay in power. 950 people crossed the channel over the bank hol weekend.