While we all hold our breath to see if the required 54 letters of no confidence have reached Graham Brady over Patygate to help us really celebrate the jubilee weekend, there are some serious economic figures many will miss:
- Our inflation is currently highest in the G7.
- Our exports are down by 11% while all other countries are significantly up following Covid.
- UK exporters are tearing their hair out over their declining revenues post Brexit.
- Then we've got the NI protocol - currently NI is showing the highest growth so they do not want UK gov triggering a trade war by challenging the currently agreed deal.
- So current activity is great for UK tax coffers - not.
There will be even less tax income to fight the cost of living crisis.
When will we see what is staring us in the face?
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