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Alex Wickham: Essential @PhilAldrick analysis...

Essential @PhilAldrick analysis The Bank of England and by extension Andy Burnham have a Trump problem as the Iran war blocks interest rate cuts It means homeowners have to live with higher interest costs and jobs will be lost, bad news for the “cost of living government”. Read between the lines and the BoE’s message today is that it’s all Trump’s fault Should the war persist “it’s likely that we will have to tighten policy to counter inflationary pressures in the UK economy,” Andrew Bailey said today Without the war we’d have had one or two more rate cuts already, @KallumPickering reckons. Domestically things are better than expected but Brits aren’t feeling it thanks to Iran Bailey indicated the bank doesn’t want to raise rates but will if it has to. The market sees at least one hike this year. It all comes down to Trump

David Icke: They are walking you back...

They are walking you back into the Cult political lair and cesspit from where Trump emerged. Vance is the creation and protégé of Cult operative Peter Thiel at Palantir. Yep, keep the people believing that politics changes anything as the Cult agenda unfolds whatever the 'party' and they'll go on being misdirected into cul-de-sacs while the AI-digital control system is built all around them. Pathetic beyond words. Remember how both these ‘influencers’ told you to vote for Trump to unleash the ‘golden age’?

Alex Wickham: Andy Burnham’s social care speech signals...

Andy Burnham’s social care speech signals that a major new policy will come in autumn 2027 at the earliest, indicating tax rises will likely be needed to pay for it He says Louise Casey will expedite her review so it’s completed a year from now. The review will consider how to pay for a new social care policy. Casey is launching a national conversation about it From the fiscal perspective this suggests no new policy until at least autumn 2027 and therefore that Burnham and John Healey will not need to find new money for it at this year’s budget Asked about tax rises, he says he thinks it’s possible to do “much more” within existing budgets but that “difficult decisions” will be required. That suggests he accepts tax rises are likely needed to pay for the policy. He recommits to Labour’s manifesto pledges There were no real details today about what sorts of options Burnham and Casey are looking at, but a cast iron commitment to fix social care He says “it is a major dereliction of public duty” that successive governments have not fixed social care, calling it “shameful.” Says “social care in England is as unfair as American healthcare” He says people may be feeling deja vu, criticising 22 social care reviews in the last three decades, but vows “this time we are going to do it” Burnham says he’ll look at how to improve working standards for care workers, and hold talks with other parties to try to build a consensus (although the Tories and Reform say they won’t support new tax rises)

Alex Wickham: Exclusive by @ChaplainChloe...

Exclusive by @ChaplainChloe Labour MPs warn Andy Burnham he’ll lose their support if he makes “punitive” welfare cuts. It’s the first warning to the new PM from the party’s left After Burnham’s comments about cutting the welfare bill on Monday, one MP says he has to be careful not to repeat Keir Starmer’s mistake of focusing on savings rather than fairness. Without proper engagement with MPs he risks having cuts blocked by the party, they say Another Labour MP, Kim Johnson, says she’s concerned the appointment of John Healey as chancellor “signals a return to a ‘warfare, not welfare’ approach” “If the new leadership believes it can revive the failed politics of welfare cuts instead of asking the wealthiest to pay their fair share, it will be repeating not only Keir Starmer’s mistakes but fourteen years of Tory austerity,” Johnson said. “If the first instinct of a new leadership is to target disabled people and low-income families rather than challenge the wealth and inequality at the top of society, then nothing has been learned” John McDonnell says welfare reform “must be based upon a strategy of providing positive support to people rather than punitive sanction”
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