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U.K. General Election/Government, 4 Jul 2024 - ?

"Pat McFadden repeats commitment to welfare reform

"Pat McFadden has pledged to “reform the welfare system” under Andy Burnham after it was confirmed he would stay in post as Work and Pensions Secretary.

"Mr McFadden said the Government’s mission “must be to support people into work and spread opportunity”.

"His private complaint that “every meeting I have is ‘who can we tax in order to pay benefits to others’” was made public in the Mandelson files last month."

....

We certainly have deeper pockets than any of them, including the UK. And God knows what will happen when Labour's new benefits champion, Andy Burnham, ends up confronting the banks.

.....


No sooner did I finish typing that than the Telegraph announced this:



John Healey has been made Chancellor as Andy Burnham unveils his Cabinet.

In a surprise move, the former defence secretary will succeed Rachel Reeves in No 11, where he is expected to be tasked with filling a £15bn hole in the military budget.

Mr Healey quit his former post last month over Sir Keir Starmer’s failure to commit to spending 3 per cent of Britain’s GDP on the military by 2035.

The appointment will send shockwaves through Westminster after Shabana Mahmood, who has retained her role as Home Secretary, was widely regarded as the front-runner to succeed Ms Reeves.

Ed Miliband, the former net zero secretary, had also been tipped for the role but was appointed Foreign Secretary by Mr Burnham.

Many Labour MPs and unions became concerned appointing Mr Miliband would spook the bond markets.

Louise Haigh, who was forced to quit as transport secretary after details of her historical fraud conviction emerged, has been brought back into the Cabinet as First Secretary of State.

The position effectively makes her Mr Burnham’s right-hand woman and she will be responsible for enforcing his will across Whitehall.

....

All of this positive.

This is a Blue Labour cabinet.

Strong on defence
Strong on immigration and crime
Strong on conventional energy and the North Sea
Weak on woke.

Starmer captured Labour by appealing, as most do, to the left.
He captured government by not being the defeated government.
He tried to govern from the centre but lacked both stones and political skills.
Perhaps Burnham has better skills.

...

Another Carney Government?

A left wing party in power confronted with the choice between keeping their principles and losing power or losing power and keeping their principles. Labour balances parliamentary politicians against activist unions. The activists grab headlines. The politicians want their pensions and those come with being re-elected. They move with the democratic wind.

...


Mod edit to move into existing UK gov't thread
 
Last edited by a moderator:
Andy Burnham is the new UK Prime Minister.

Andy Burnham officially becomes British prime minister​

Andy Burnham became the fifth British prime minister in four years and the seventh in a decade as he formally accepted an invitation Monday from King Charles to form a government.

The meeting quickly followed on the heels of Keir Starmer offering his resignation.

Burnham secured nominations from 379 of the 403 Labour lawmakers in the House of Commons to officially became leader of the Labour Party last week.
 
Bur
And how long will he last? Longer than a head of cabbage?
Burnham is a Labour PM.

Labour voters will want certain left wing policies implemented.

Burnham will run into the same problem Starmer did.

The UK is effectively broke.

So all his, I'm going to do this, I'm going to do that, the bond markets will say ohhhhh no you wont.

All this to say, I give him two budgets.
 
The continuing economic decline seems inevitable regardless who's in power but an anti-business, tax and spend Labour government might have a tougher time of it than most ...

Brexit has been an economic failure​


Ten years ago, the UK voted to leave the EU. Since then, an extensive body of research has studied the impact of Brexit on the national economy. Researchers have analysed how the June 2016 vote, the January 2020 departure from the EU and the January 2021 implementation of the Trade and Cooperation Agreement (TCA) have affected prices, wages, employment, domestic and foreign investment, output, productivity, trade and financial markets, among many other outcomes.

The overall findings are emphatic: Brexit has made the UK poorer than it would have been had the UK remained in the EU. The best available estimates imply that by the end of 2019 Brexit had reduced UK GDP by 2 per cent to 3 per cent. Quantifying the impacts from 2020 onwards is harder because of the Covid-19 pandemic and energy price shocks following Russia’s invasion of Ukraine. But recent analysis suggests that the costs have risen over time and that Brexit may have reduced UK GDP per head by as much as 8 per cent by the start of 2025. An 8 per cent decline would represent a loss of £3,300 per person in 2024.The overall findings are emphatic: Brexit has made the UK poorer than it would have been had the UK remained in the EU.

 
The continuing economic decline seems inevitable regardless who's in power but an anti-business, tax and spend Labour government might have a tougher time of it than most ...

Brexit has been an economic failure​


Ten years ago, the UK voted to leave the EU. Since then, an extensive body of research has studied the impact of Brexit on the national economy. Researchers have analysed how the June 2016 vote, the January 2020 departure from the EU and the January 2021 implementation of the Trade and Cooperation Agreement (TCA) have affected prices, wages, employment, domestic and foreign investment, output, productivity, trade and financial markets, among many other outcomes.

The overall findings are emphatic: Brexit has made the UK poorer than it would have been had the UK remained in the EU. The best available estimates imply that by the end of 2019 Brexit had reduced UK GDP by 2 per cent to 3 per cent. Quantifying the impacts from 2020 onwards is harder because of the Covid-19 pandemic and energy price shocks following Russia’s invasion of Ukraine. But recent analysis suggests that the costs have risen over time and that Brexit may have reduced UK GDP per head by as much as 8 per cent by the start of 2025. An 8 per cent decline would represent a loss of £3,300 per person in 2024.The overall findings are emphatic: Brexit has made the UK poorer than it would have been had the UK remained in the EU.

They needed a trade deal to replace that of the EU. They thought America would give them one, but Obama wasn't about to do that, and he didn't have time.

Trump is famously anti trade.

Biden was preoccupied with Covid.

And Trump 2 is even more famously anti trade.

The best they could do is CPP, which, to be fair, is a tidy little trade deal, but its everyone elses secondary trade deal, its the UKs MAIN trade deal, and that's a big problem.
 
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