Prime Minister Papers the Economy as “Stabilised” – And the Real Story is Quite Different
“Business…running out of money” – The Irony of the Moment
During a BBC‑style Q&A at the British Chambers of Commerce conference, Sir Keir Starmer proudly declared that he had “stabilised the economy.” Called out loud by real‑world stats, the claim falls like a stone in a glass wall: one in six firms are literally running on empty.
What the Figures Really Say
- In the last 12 months, 17 % of businesses have spent all their cash reserves.
- Bank of England chief Andrew Bailey warned that job cuts and salary freezes are the new norm.
- Economic scholars suggest that inflation is creeping back up while growth remains sluggish.
Business Leaders Talk Back
Charlie Mullins, founder of Pimlico Plumbers, did not mince words. “Keir has the brass neck to stand up front and claim he’s a friend when the government is literally battling businesses,” he said. He’s not afraid to tell the Prime Minister that “the only thing standing between us and the rubble of our finances is the honey‑dripped, tax‑heavy policy cake they’re baking.”
Trade Deals or Postcards? The Great Debate
While Starmer is busy bragging about deals with the United States and India, Karl Mason from the UK Spirits Alliance slammed the claims. “Their trade talks are a nonsense narrative when you’ve got a punishing tax burden at home,” he said. The point is clear: without a domestic tax overhaul, the words “export growth” are just aspirational fluff.
Who’s Really Chasing the Bull—Starmer’s Party or the Businesses?
Economist Julian Jessop of the Institute of Economic Affairs added a cheery sigh. “Under Labour you’re still stuck with high energy prices, hefty payroll costs, and a looming Employment Rights Bill. The only thing going swimmingly? Almost nothing.” Jessop’s tongue‑in‑cheek remark paints a fairly accurate picture of the situation.
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