Has anyone heard from Rachel Reeves? You know the one – brown bob, bright jackets, economist; no, scrub that: retail banker, sometimes goes by the name of Rachel Thieves, lives at No.11 Downing Street – yes, that Rachel Reeves, because she’s gone missing from the airwaves.
She didn’t appear in the media on Wednesday to explain why we’ve just seen the sharpest jump in inflation in two years, and she ducked doing any interviews on the biggest story of the week – the destruction of the UK’s farming sector because of the new inheritance rules she introduced in the Budget.
Blimey, the public might jump to the conclusion she’s staying out of the way after her debacle of a Budget. More likely Reeves, above, has been removed from the airwaves by No.10 as the embarrassment mounts over the Budget and her fairy-tale CV.
Labour appears to be claiming the big increase in inflation is down to soaring energy costs. Yet at the election Ed Miliband said energy bills would come down by £300 if Labour won. Another election promise broken, it would seem.
The reality is, Labour’s first Budget in 14 years was an inflation-busting, trade-union-buckling one. The OBR warned it would be inflationary and so did Rishi Sunak. There were massive pay rises for public sector workers and train drivers, massive tax rises and borrowing to fund pet projects like GB Energy, foreign aid and Net Zero.
And here we are, not even a month later, and inflation has spiked, the Bank of England is spooked, rising mortgage rates are set to cost homeowners on average £500 more a year, and the latest monthly public sector borrowing figures show it’s now at the highest level outside of the pandemic.
After all the hard work of the Sunak government to get inflation down after the cost of lockdowns and the start of the war in Ukraine, Labour is pushing it right back up and with it mortgages and the cost of living.
Businesses warned that if you push up employers’ National Insurance contributions by £25billion it will inevitably push up prices, be inflationary, deflate wages and lead to reduced employment.
Vladimir Lenin said “the way to crush the bourgeoisie (middle classes) is to grind them between the millstones of taxation and inflation”.
That is exactly what this Government is doing and Reeves has eased the way by delivering a destabilising socialist Budget.
Given the pig’s ear she has made of the Budget and the price we are all paying, she may want to spruce up her CV, as she might need it sooner than she thinks.
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Is it a coincidence that John Prescott died a day after the awful Jaguar advert came out? Perhaps for “Two Jags” himself – like the rest of us – it was too much to bear. What is it with wokey-brokey adverts and the redesign and destruction of previously successful brands? The Dylan Mulvaney campaign ended up costing Bud Light $400million in sales and this latest Jaguar car campaign looks like it will wreak the same havoc on its car sales. Described as “bold, vivid and exuberant”, it’s actually crass, naff and destructive. The new Jaguar logo is lame and the ad is mindlessly missing a car. The final text on the adverts says “copy nothing”. I’d say that is perfect advice to future car advertisers. They should copy nothing from this advert – unless they want to destroy a world famous brand and business. Jaguar is making Gerald Ratner look like a brand reputation genius.
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Not content with destroying the UK’s food security by ruining family farming, it now seems Labour is intent on destroying our national security too by scrapping six defence projects in order to save £500million. And they are doing this just as our enemies start scaling up their capabilities! Utter lunacy.
