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Bond comes out of retirement to warn Rachel Reeves

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A smartly dressed man ordered a martini for Rachel Reeves, asking it to be not stirred, but very shaken.


‘The name’s Bonds. Government Bonds.


‘Your polishies are a dishaster.  You’ve borrowed too much.  You’re shpending too much. I’m Government Bonds, and I’ve come out of retirement to warn you to turn back.  My interest levels in your activities are very high – the highest they’ve been since 1998. They’re heading towards 007 per cent.


‘Don’t try and laugh that off. That period since 1998 includes the Liz Truss and Kwasi Kwarteng debacle, Brexit, and the whole Boris Johnson evil supervillain thing.


People are shkared. They are saving all their money, and they're worried about a tax bombshell.  Government spending is up, living costs are up, taxes are up, the games up. Turn back now, or everything will blow up.


And why are you stroking a fluffy white cat?



Image credit: perchance.org

Labour puts taxes up to avoid tax rises

The Budget will embrace the "harsh light of fiscal reality" but "better days are ahead", Sir Keir Starmer has said in a speech ahead of Wednesday's announcement.


Speaking in Birmingham, the prime minister said his government would take "tough decisions", opting to impose austerity on the public in order "to prevent austerity and rebuild public services". He also announced £240m aimed at getting people back to work. This is expected to work by paying employers more to get people into work, before taking more tax off the employer for the work.


In its general election manifesto, Labour promised not to increase taxes on working people - as opposed to increase taxes from working people. However, the pledge has recently come under renewed scrutiny with the party's first Budget in 15 years expected to contain measures which could see taxes go up in order to keep to the pledge that taxes will not rise.




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