@notayesmansecon.bsky.social
via
@jessicaelgot
Biggest alarm on day 2 of the Budget coming in two key areas -
- SEND, which will see DfE potentially facing a £20bn timebomb in two years
- Hospitality - where lots of hospitality businesses panicking about new rates.
@jessicaelgot
Biggest alarm on day 2 of the Budget coming in two key areas -
- SEND, which will see DfE potentially facing a £20bn timebomb in two years
- Hospitality - where lots of hospitality businesses panicking about new rates.
Remember there is usually something hidden in a UK Budget that emerges in the next 24 hours.
November 27, 2025 at 1:36 PM
via
@jessicaelgot
Biggest alarm on day 2 of the Budget coming in two key areas -
- SEND, which will see DfE potentially facing a £20bn timebomb in two years
- Hospitality - where lots of hospitality businesses panicking about new rates.
@jessicaelgot
Biggest alarm on day 2 of the Budget coming in two key areas -
- SEND, which will see DfE potentially facing a £20bn timebomb in two years
- Hospitality - where lots of hospitality businesses panicking about new rates.
The UK Budget involves spending today and taxing tomorrow
Yesterday's Budget presented by Chancellor Rachel Reeves covered a lot of ground. But let us start our look at the economics with one fundamental issue. That is why today, I am restoring stability to our public finances… Public sector net…
Yesterday's Budget presented by Chancellor Rachel Reeves covered a lot of ground. But let us start our look at the economics with one fundamental issue. That is why today, I am restoring stability to our public finances… Public sector net…
The UK Budget involves spending today and taxing tomorrow
Yesterday's Budget presented by Chancellor Rachel Reeves covered a lot of ground. But let us start our look at the economics with one fundamental issue. That is why today, I am restoring stability to our public finances… Public sector net borrowing will be £105.6bn in 2025-26, £88.5bn in 2026-27, £72.2bn in 2027-28, £71.9bn in 2028-29 and £70.6bn in 2029-2930......To restore stability to our public finances.
notayesmanseconomics.wordpress.com
November 27, 2025 at 11:17 AM
The UK Budget involves spending today and taxing tomorrow
Yesterday's Budget presented by Chancellor Rachel Reeves covered a lot of ground. But let us start our look at the economics with one fundamental issue. That is why today, I am restoring stability to our public finances… Public sector net…
Yesterday's Budget presented by Chancellor Rachel Reeves covered a lot of ground. But let us start our look at the economics with one fundamental issue. That is why today, I am restoring stability to our public finances… Public sector net…
The UK ten-year yield is back rising this morning at 4.45%.
November 27, 2025 at 8:53 AM
The UK ten-year yield is back rising this morning at 4.45%.
It looks like the cuts to the UK schools budget are one. A particular cheek after the rhetoric from Chancellor Rachel Reeves. Have people spotted any others? #Budget
Remember there is usually something hidden in a UK Budget that emerges in the next 24 hours.
November 27, 2025 at 8:47 AM
It looks like the cuts to the UK schools budget are one. A particular cheek after the rhetoric from Chancellor Rachel Reeves. Have people spotted any others? #Budget
UK Wind Power has rallied to 18.9GW this morning. With 0.2GW of Solar we are burning 8.3GW of Gas as well as importing 2.8GW. Hydro is 0.5GW. Nuclear is 4.1GW and the awful Biomass 3.2GW. The price of wholesale electricity over the past 24 hours was £80 per MWh. #renewables
November 27, 2025 at 8:41 AM
UK Wind Power has rallied to 18.9GW this morning. With 0.2GW of Solar we are burning 8.3GW of Gas as well as importing 2.8GW. Hydro is 0.5GW. Nuclear is 4.1GW and the awful Biomass 3.2GW. The price of wholesale electricity over the past 24 hours was £80 per MWh. #renewables
Good Morning All
November 27, 2025 at 8:32 AM
Good Morning All
Okay let's update post UK Budget
UK ten-year yield 4.43%
UK Pound £ US $1.3230
FTSE 100 9690
UK ten-year yield 4.43%
UK Pound £ US $1.3230
FTSE 100 9690
Let us set some market markets ahead of the UK Budget.
UK ten-year yield 4.47%
UK Pound £ US $1.3188
FTSE 100 9640
UK ten-year yield 4.47%
UK Pound £ US $1.3188
FTSE 100 9640
November 26, 2025 at 4:38 PM
Okay let's update post UK Budget
UK ten-year yield 4.43%
UK Pound £ US $1.3230
FTSE 100 9690
UK ten-year yield 4.43%
UK Pound £ US $1.3230
FTSE 100 9690
Remember there is usually something hidden in a UK Budget that emerges in the next 24 hours.
November 26, 2025 at 3:06 PM
Remember there is usually something hidden in a UK Budget that emerges in the next 24 hours.
Remember there is usually something hidden in a UK Budget that emerges in the next 24 hours.
November 26, 2025 at 3:05 PM
Remember there is usually something hidden in a UK Budget that emerges in the next 24 hours.
UK inflation will rise in September 2026 as 5 pence is added to fuel duty. Yet Chancellor Rachel Reeves claims to be cutting the cost of living. This is ever more incoherent. #Budget
November 26, 2025 at 1:40 PM
UK inflation will rise in September 2026 as 5 pence is added to fuel duty. Yet Chancellor Rachel Reeves claims to be cutting the cost of living. This is ever more incoherent. #Budget
UK Chancellor Rachel Reeves is now openly lying about the UK National Debt. She claims she has cut it, The official figures are.
UK debt when she became Chancellor £2.74 trillion
UK debt in October £2.9 trillion or £160 billion higher. #Budget
UK debt when she became Chancellor £2.74 trillion
UK debt in October £2.9 trillion or £160 billion higher. #Budget
November 26, 2025 at 1:07 PM
UK Chancellor Rachel Reeves is now openly lying about the UK National Debt. She claims she has cut it, The official figures are.
UK debt when she became Chancellor £2.74 trillion
UK debt in October £2.9 trillion or £160 billion higher. #Budget
UK debt when she became Chancellor £2.74 trillion
UK debt in October £2.9 trillion or £160 billion higher. #Budget
Simply extraordinary that UK Chancellor Rachel Reeves who has borrowed so much tries to blame others for the cost of UK debt interest.
"Borrowing in the financial year to October 2025 was £116.8 billion; this was £9.0 billion (or 8.4%) more than in 2024" #Budget
"Borrowing in the financial year to October 2025 was £116.8 billion; this was £9.0 billion (or 8.4%) more than in 2024" #Budget
November 26, 2025 at 12:59 PM
Simply extraordinary that UK Chancellor Rachel Reeves who has borrowed so much tries to blame others for the cost of UK debt interest.
"Borrowing in the financial year to October 2025 was £116.8 billion; this was £9.0 billion (or 8.4%) more than in 2024" #Budget
"Borrowing in the financial year to October 2025 was £116.8 billion; this was £9.0 billion (or 8.4%) more than in 2024" #Budget
What a 🤡show from the OBR about the UK Budget.
UK ten-year yield rises to 4.54% in response.
UK ten-year yield rises to 4.54% in response.
November 26, 2025 at 12:23 PM
What a 🤡show from the OBR about the UK Budget.
UK ten-year yield rises to 4.54% in response.
UK ten-year yield rises to 4.54% in response.
Let us set some market markets ahead of the UK Budget.
UK ten-year yield 4.47%
UK Pound £ US $1.3188
FTSE 100 9640
UK ten-year yield 4.47%
UK Pound £ US $1.3188
FTSE 100 9640
November 26, 2025 at 12:00 PM
Let us set some market markets ahead of the UK Budget.
UK ten-year yield 4.47%
UK Pound £ US $1.3188
FTSE 100 9640
UK ten-year yield 4.47%
UK Pound £ US $1.3188
FTSE 100 9640
How many central banks will cut interest-rates this December?
This morning has brought news that links straight into something I was thinking yesterday. As I wrote the piece on the struggles of the German economy the thought that the ECB would cut interest-rates again from the present 2% was on my…
This morning has brought news that links straight into something I was thinking yesterday. As I wrote the piece on the struggles of the German economy the thought that the ECB would cut interest-rates again from the present 2% was on my…
How many central banks will cut interest-rates this December?
This morning has brought news that links straight into something I was thinking yesterday. As I wrote the piece on the struggles of the German economy the thought that the ECB would cut interest-rates again from the present 2% was on my mind. I had long thought they could go to 1.5% anyway, Then this morning on the other side of the world there was this.
notayesmanseconomics.wordpress.com
November 26, 2025 at 11:13 AM
How many central banks will cut interest-rates this December?
This morning has brought news that links straight into something I was thinking yesterday. As I wrote the piece on the struggles of the German economy the thought that the ECB would cut interest-rates again from the present 2% was on my…
This morning has brought news that links straight into something I was thinking yesterday. As I wrote the piece on the struggles of the German economy the thought that the ECB would cut interest-rates again from the present 2% was on my…
The Reserve Bank of New Zealand has responded this morning to the All Blacks defeat against England.
November 26, 2025 at 9:02 AM
The Reserve Bank of New Zealand has responded this morning to the All Blacks defeat against England.
UK Wind Power has fallen to 9.1GW this morning. With 0.6GW of Solar we are burning 23.9GW of Gas as well as exporting 1.8GW. Hydro is 0.5GW. Nuclear is 4.1GW and the awful Biomass 3.1GW. The price of wholesale electricity over the past 24 hours was £97 per MWh. #renewables
November 26, 2025 at 8:47 AM
UK Wind Power has fallen to 9.1GW this morning. With 0.6GW of Solar we are burning 23.9GW of Gas as well as exporting 1.8GW. Hydro is 0.5GW. Nuclear is 4.1GW and the awful Biomass 3.1GW. The price of wholesale electricity over the past 24 hours was £97 per MWh. #renewables
Welcome to UK Budget Day.
November 26, 2025 at 8:44 AM
Welcome to UK Budget Day.
Good Morning All
November 26, 2025 at 8:40 AM
Good Morning All
Germany remains trapped in an economic depression
This morning has brought a rather cold dose of reality for the German economy. The narrative had switched to it recovering from struggles that had seen it become the economic version of the sick man of Europe. But as you can see below that was not…
This morning has brought a rather cold dose of reality for the German economy. The narrative had switched to it recovering from struggles that had seen it become the economic version of the sick man of Europe. But as you can see below that was not…
Germany remains trapped in an economic depression
This morning has brought a rather cold dose of reality for the German economy. The narrative had switched to it recovering from struggles that had seen it become the economic version of the sick man of Europe. But as you can see below that was not the case in the autumn. WIESBADEN – Gross domestic product (GDP) stagnated – adjusted for price, seasonal and calendar effects – in the third quarter of 2025 (0.0%) compared to the second quarter of 2025.
notayesmanseconomics.wordpress.com
November 25, 2025 at 11:11 AM
Germany remains trapped in an economic depression
This morning has brought a rather cold dose of reality for the German economy. The narrative had switched to it recovering from struggles that had seen it become the economic version of the sick man of Europe. But as you can see below that was not…
This morning has brought a rather cold dose of reality for the German economy. The narrative had switched to it recovering from struggles that had seen it become the economic version of the sick man of Europe. But as you can see below that was not…
The annual GDP figures for Germany disappointed as well.
"+0.3% compared to the same quarter of the previous year (
price adjusted); +0.3% compared to the same quarter of the previous year (price and calendar adjusted)"
"+0.3% compared to the same quarter of the previous year (
price adjusted); +0.3% compared to the same quarter of the previous year (price and calendar adjusted)"
More disappointing news for the economy of Germany this morning.
"WIESBADEN – Gross domestic product (GDP) stagnated – adjusted for price, seasonal and calendar effects – in the third quarter of 2025 (0.0%) compared to the second quarter of 2025."
"WIESBADEN – Gross domestic product (GDP) stagnated – adjusted for price, seasonal and calendar effects – in the third quarter of 2025 (0.0%) compared to the second quarter of 2025."
November 25, 2025 at 9:03 AM
The annual GDP figures for Germany disappointed as well.
"+0.3% compared to the same quarter of the previous year (
price adjusted); +0.3% compared to the same quarter of the previous year (price and calendar adjusted)"
"+0.3% compared to the same quarter of the previous year (
price adjusted); +0.3% compared to the same quarter of the previous year (price and calendar adjusted)"
Bring me someone who realises that the UK retail price of electricity is very different to the wholesale price once all the renewables subsidies have been added.
So when we are using 60% fossil fuel the cost is 50% higher then using 6.8% fossil fuel!
bsky.app/profile/nota...
bsky.app/profile/nota...
November 25, 2025 at 8:54 AM
Bring me someone who realises that the UK retail price of electricity is very different to the wholesale price once all the renewables subsidies have been added.
More disappointing news for the economy of Germany this morning.
"WIESBADEN – Gross domestic product (GDP) stagnated – adjusted for price, seasonal and calendar effects – in the third quarter of 2025 (0.0%) compared to the second quarter of 2025."
"WIESBADEN – Gross domestic product (GDP) stagnated – adjusted for price, seasonal and calendar effects – in the third quarter of 2025 (0.0%) compared to the second quarter of 2025."
November 25, 2025 at 8:52 AM
More disappointing news for the economy of Germany this morning.
"WIESBADEN – Gross domestic product (GDP) stagnated – adjusted for price, seasonal and calendar effects – in the third quarter of 2025 (0.0%) compared to the second quarter of 2025."
"WIESBADEN – Gross domestic product (GDP) stagnated – adjusted for price, seasonal and calendar effects – in the third quarter of 2025 (0.0%) compared to the second quarter of 2025."