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earthbeingx<p>After 15 years of <a href="https://mastodon.world/tags/stagnation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>stagnation</span></a>, parts of <a href="https://mastodon.world/tags/UK" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UK</span></a> are now poorer than the poorest parts of Slovenia and Lithuania (report by <a href="https://mastodon.world/tags/NIESR" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NIESR</span></a> see extracts &amp; link below).</p><p>The <a href="https://mastodon.world/tags/ConservativeParty" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ConservativeParty</span></a> / <a href="https://mastodon.world/tags/Tory" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tory</span></a> came into <a href="https://mastodon.world/tags/government" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>government</span></a> (<a href="https://mastodon.world/tags/TheresaMay" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TheresaMay</span></a> <a href="https://mastodon.world/tags/BorisJohnson" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BorisJohnson</span></a> <a href="https://mastodon.world/tags/LizTruss" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>LizTruss</span></a> <a href="https://mastodon.world/tags/RishiSunak" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RishiSunak</span></a>) and messed up!</p><p>But <a href="https://mastodon.world/tags/Labour" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Labour</span></a> (<a href="https://mastodon.world/tags/KeirStarmer" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>KeirStarmer</span></a>) hasn't been doing a good job either. It now has 4 years to prove itself. Time flies.</p><p>Link: <a href="https://niesr.ac.uk/publications/uk-living-standards-review-2025" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">niesr.ac.uk/publications/uk-li</span><span class="invisible">ving-standards-review-2025</span></a>.</p><p><a href="https://mastodon.world/tags/UKPolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UKPolitics</span></a> <a href="https://mastodon.world/tags/UKeconomics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UKeconomics</span></a> <a href="https://mastodon.world/tags/standardofliving" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>standardofliving</span></a> <a href="https://mastodon.world/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://mastodon.world/tags/politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politics</span></a> <a href="https://mastodon.world/tags/lifecrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lifecrisis</span></a> <a href="https://mastodon.world/tags/life" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>life</span></a></p>
MediaFaro Analysis<p>UK drops down list of affluent nations after decade of stagnation.</p><p>The UK has tumbled down the league of affluent nations after almost a decade of welfare cuts and stagnant incomes, according to a report that found the poorest districts in Britain now rank below the lowest-income areas of France, Malta and Slovenia.</p><p>The National Institute of Economic and Social Research said the UK’s reputation for high living standards was under threat.</p><p><a href="https://mediafaro.org/article/20250312-uk-drops-down-list-of-affluent-nations-after-decade-of-stagnation?mf_channel=mastodon&amp;action=forward" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">mediafaro.org/article/20250312</span><span class="invisible">-uk-drops-down-list-of-affluent-nations-after-decade-of-stagnation?mf_channel=mastodon&amp;action=forward</span></a></p><p><a href="https://mastodon.mediafaro.org/tags/UK" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UK</span></a> <a href="https://mastodon.mediafaro.org/tags/Affluence" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Affluence</span></a> <a href="https://mastodon.mediafaro.org/tags/Economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economy</span></a> <a href="https://mastodon.mediafaro.org/tags/NIESR" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NIESR</span></a></p>
ExTraders Global<p>📉 The NIESR Monthly GDP Tracker for August shows a slowdown, coming in at 0.3% compared to the previous 0.5%. Economic growth is cooling off. <a href="https://mastodon.social/tags/UKEconomy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UKEconomy</span></a> <a href="https://mastodon.social/tags/GDP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GDP</span></a> <a href="https://mastodon.social/tags/NIESR" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NIESR</span></a> <a href="https://mastodon.social/tags/EconomicData" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EconomicData</span></a></p>
ExTraders Global<p>The NIESR Monthly GDP Tracker for July shows the UK economy grew by 0.5%, slightly below the previous 0.6%. <a href="https://mastodon.social/tags/UK" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UK</span></a> <a href="https://mastodon.social/tags/GDP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GDP</span></a> <a href="https://mastodon.social/tags/Economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economy</span></a> <a href="https://mastodon.social/tags/NIESR" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NIESR</span></a></p>
ExTraders Global<p><a href="https://mastodon.social/tags/UK" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UK</span></a>'s <a href="https://mastodon.social/tags/NIESR" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NIESR</span></a> Monthly <a href="https://mastodon.social/tags/GDP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GDP</span></a> Tracker indicates actual growth of 0.7%, surpassing previous growth of 0.4%. <a href="https://mastodon.social/tags/GBP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GBP</span></a></p>
ExTraders Global<p>However, the pace of rate cuts is expected to be more gradual than market expectations due to persistent core inflation, elevated wage growth, and ongoing geopolitical uncertainties. <a href="https://mastodon.social/tags/UKeconomy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UKeconomy</span></a> <a href="https://mastodon.social/tags/NIESR" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NIESR</span></a> <a href="https://mastodon.social/tags/EconomicOutlook" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EconomicOutlook</span></a> <a href="https://mastodon.social/tags/Inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Inflation</span></a> <a href="https://mastodon.social/tags/InterestRates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>InterestRates</span></a> <a href="https://mastodon.social/tags/GeopoliticalTensions" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GeopoliticalTensions</span></a> <a href="https://mastodon.social/tags/BankofEngland" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BankofEngland</span></a></p>
ExTraders Global<p>Inflation in the UK is anticipated to dip below the Bank of England's (BoE) target of 2% in April, settling at 1.5%, primarily driven by the decline in energy prices. Consequently, the BoE may initiate interest rate cuts starting in May in response to the downward trend in inflation. <a href="https://mastodon.social/tags/UKeconomy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UKeconomy</span></a> <a href="https://mastodon.social/tags/NIESR" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NIESR</span></a> <a href="https://mastodon.social/tags/EconomicOutlook" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EconomicOutlook</span></a> <a href="https://mastodon.social/tags/Inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Inflation</span></a> <a href="https://mastodon.social/tags/InterestRates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>InterestRates</span></a> <a href="https://mastodon.social/tags/GeopoliticalTensions" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GeopoliticalTensions</span></a> <a href="https://mastodon.social/tags/BankofEngland" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BankofEngland</span></a></p>
ExTraders Global<p>However, escalating transportation costs and oil prices due to geopolitical tensions in the Middle East pose significant downside risks to growth and potential upside risks to inflation. <a href="https://mastodon.social/tags/UKeconomy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UKeconomy</span></a> <a href="https://mastodon.social/tags/NIESR" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NIESR</span></a> <a href="https://mastodon.social/tags/EconomicOutlook" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EconomicOutlook</span></a> <a href="https://mastodon.social/tags/Inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Inflation</span></a> <a href="https://mastodon.social/tags/InterestRates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>InterestRates</span></a> <a href="https://mastodon.social/tags/GeopoliticalTensions" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GeopoliticalTensions</span></a> <a href="https://mastodon.social/tags/BankofEngland" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BankofEngland</span></a></p>
ExTraders Global<p>According to a recent study by the National Institute of Economic and Social Research (NIESR), Britain's economy is estimated to have entered a recession in the latter half of last year. Despite a meager growth of only 0.3% in the previous year, the outlook for economic growth remains bleak in the medium term. Projections suggest a modest expansion of 0.9% for the current year. <a href="https://mastodon.social/tags/UKeconomy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UKeconomy</span></a> <a href="https://mastodon.social/tags/NIESR" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NIESR</span></a> <a href="https://mastodon.social/tags/EconomicOutlook" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EconomicOutlook</span></a> <a href="https://mastodon.social/tags/Inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Inflation</span></a> <a href="https://mastodon.social/tags/InterestRates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>InterestRates</span></a> <a href="https://mastodon.social/tags/GeopoliticalTensions" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GeopoliticalTensions</span></a> <a href="https://mastodon.social/tags/BankofEngland" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BankofEngland</span></a></p>
pennine<p><a href="https://mastodonapp.uk/tags/NIESR" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NIESR</span></a>'s gloomy forecast 4 UK economy blames <a href="https://mastodonapp.uk/tags/Covid" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Covid</span></a>, <a href="https://mastodonapp.uk/tags/UkraineWar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UkraineWar</span></a> &amp; mainly the greatest self inflicted injury in history <a href="https://mastodonapp.uk/tags/Brexit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Brexit</span></a>. Poor growth &amp; low productivity cannot be tackled by deluded brexiteers. General election now! <a href="https://tinyurl.com/mr2npwwv" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://</span><span class="">tinyurl.com/mr2npwwv</span><span class="invisible"></span></a> <a href="https://mastodonapp.uk/tags/RejoinEU" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RejoinEU</span></a> <a href="https://mastodonapp.uk/tags/StandWithUkraine" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>StandWithUkraine</span></a> <a href="https://mastodonapp.uk/tags/ToryCriminalsUnfitToGovern" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ToryCriminalsUnfitToGovern</span></a></p>