The vexed question of whether the UK can afford Modern Monetary Theory doesn’t even make sense Modern Monetary Theory isn’t a potentially risky radical fiscal plan but simply a description of how the British state already spends

"Can the UK afford MMT?" is a category error.

MMT isn't a radical spending plan. It's a description of how the British state already works — and has since 1971.

The question isn't whether to adopt it. It's what to do once you understand it.

#UKEconomics

vincegomez.com/articles/art...

UK Total Debt: % of GDP, 1987 – 2025 | CEIC Data UK Total Debt accounted for 872.5 % of the country's GDP in 2024, compared with the ratio of 878.1 % in the previous quarter.

I thought consumer demand was relatively weak and savings rate going up?
E.g. total debt seems to be declining (click max): www.ceicdata.com/en/indicator...

#UKeconomics

Paper says UK economic data issues reflected defective methodology - News & insight - Cambridge Judge Business School Data that seriously distort Britain’s post-war economic history arose because the UK’s Office for National Statistics (ONS) made errors that should have been easily spotted and adopted a highly defective methodology, says a new working paper written by Bill Martin, Senior Research Associate at the Centre for Business Research (CBR) at Cambridge Judge Business School.

Data that seriously distort Britain’s post-war economic history arose because the UK’s Office for National Statistics (ONS) made errors, says new paper from Centre for Business Research (CBR) at Cambridge Judge Business School.
https://loom.ly/JkUSwJ4
#ONS #UKeconomics

@kim_harding
Thx for eye-opening article on #UKEconomics
"A major incentive for privatisation has gone, because the rule-book now properly values investments held by the state, not as liabilities, but as assets"

I hereby suggest the 23rd January as the UK's Stagflation Day as a day reserved for the mass media to opine whether we are approaching Stagflation.

Though each year it's revealed that it's only Stagnation, or the Post Brexit Blues.

#UKEconomics #Economics

‘I was a multimillionaire, I had a beautiful girlfriend, I was unhappy’: the ups and downs of a supertrader Gary Stevenson grew up poor, got rich in the City – then found himself wrestling with depression. Now he says he’s the only person on the left who really understands the British economy – and the peop...

Man who made millions in his 20s from very humble beginnings says that the UK is going to hell in a hand basket, in ways that the Left doesn't understand, and that he's changing all that on his YouTube channel.

#UKeconomics #UKfinances

Well I must admit that when I first read the title of this video from @richardjmurphy.bsky.social I thought that he was going a bit far in claiming that this government is worse than that of Truss. Having watched it, I'm not sure.

#RachelReeves #ukpolitics #ukeconomics

youtube.com/watch?v=rJBC...

The UK Investor | Victoria Lonsdale | Substack Joining the dots between economics, policy, and investing in the UK. Click to read The UK Investor, by Victoria Lonsdale, a Substack publication with hundreds of subscribers.

Hello Bluesky. I'm a former UK civil servant with 10+ years experience in finance and investment management. I'll be posting on UK economics, policy and investing. If you're interested in any of that, give me a follow!
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The cost of borrowing, slowed investment, and tighter cash flow will make 2025 a tough year for small UK businesses.

How will your small business adapt to this tougher climate?

#SmallBusiness #Economics #UK #UKEconomics #BankofEngland

👋 #Introduction

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Although I’ll mostly post photos of #DogWalks in #Yorkshire and #CamperVan trips. 🙂