
newwicket
9.9K posts



I would suggest this diagnosis from Rayner is for an economy some parts of the Labour Party believe exists - not the reality of one where the tax take is already at an 80 year high, concentration of tax on high earners & on assets is already high by international standards. The minimum wage has moved way higher than the international benchmark, and growth is clearly impaired by the frictions of the high cost of energy, building & capital. I would predict that if the Rayner statement became a detailed policy platform you would see the Gilt vs Other Sovereign spread widen, not narrow.







THE EUROPEAN CONVENTION ON HUMAN RIGHTS IS A SAFETY NET THAT PROTECTS US ALL - NO MATTER WHO IS IN POWER WE MUST DEFEND IT! Planned reforms to how it works could lead to a slow erosion of our rights. Is that what we want? WE MUST ACT NOW: Watch this film. Email your MP and call on them to oppose changes that will water down OUR PROTECTIONS @libertyhq



















