
48 Crash
22.6K posts

48 Crash
@48_Crash
have done stuff. now doing more stuff.



Mother of all U-turns.






Stonehenge Spring Equinox Celebrations 🙏



Why is a civil service department of the British Government celebrating the end of a 700-year-old system of governance? Nobody hates Britain as much as the bureaucratic managerial class. When we win, every single civil servant who supports this must go.




Reeves is now borrowing money to pay the interest on our debts. We’re fucked








So the UK's 10-year gilt yield - the cost of government borrowing - is now up at 2008 levels. An 18-year high The difference is that, back then, UK national debt was 48pc of GDP, and now it's the best part of 100pc. So the debt service costs are much MUCH heavier. Of the £14.3bn the UK government borrowed in February alone, no less than £13bn of that was spent on interest on existing debts - a situation which is not only unsustainable, but very close to provoking a disastrous financial collapse. Yet still, our national discourse is all about more spending, more borrowing, more "state intervention". When is the Labour party – and much of the listless, unthinking rump of the UK's political and media class – going to start acknowledging reality? WHEN ....?


This is the biggest reform to our Parliament in a generation. 🇬🇧 This morning, the 700-year-old system of hereditary membership in the House of Lords was abolished. Membership is now earned through public service and merit, not granted by an inheritance. ✅



Sluggish economy spooks small housebuilders bit.ly/3PNDKvH

Check out the ten-year gilt yield this morning - after the UK's likely next Prime Minister tried to lecture international investors about the intricacies of fiscal policy and the UK's national accounts. A subject about which she clearly knows absolutely nothing. Nice one @AngelaRayner !!! Markets now demanding 4.9% per annum to lend money to the British government. In Morocco, it's 3.4%. And get this. In February 2026, the UK government a massive £14.3 billion - according to figures released this morning. No less than £13 billion of that money borrowed last month went on interest payments on existing debt. Think about that for one second - it's utterly insane. The UK's national accounts are now akin to a Ponzi scheme. And yet still, lunatic MPs and potential Prime Ministers call for ever more borrowing and spending - "because it's the right thing to do" Labour's chronic economic illiteracy and internal party-political posturing is driving the UK economy off a cliff ... ⬇️⬇️⬇️⬇️
















