@AnnPettifor argues that its time to democratise monetary policy & not leave it to unaccountable technocrats, who the Govt. has subcontracted decisions to....

Its time to take back that power & move away from both the misleading household metaphor (used in bad faith by those who wish to enforce austerity).

In other words its time to challenge the 'logic' of orthodox fiscal economics before we are further impoverished.

#austerity #economics #AutumnBudget

https://annpettifor.substack.com/p/central-banks-and-government-budgets

Central Banks and Government Budgets - As If Democracy Matters

In Britain Tax austerity threatens to follow monetary and fiscal austerity

System Change
UK gilt yields climbed as markets grew cautious ahead of the Autumn Budget, despite October CPI meeting expectations and rate cut odds rising to the high-80% range.
#YonhapInfomax #UKGiltYields #CPI #AutumnBudget #RateCut #KeirStarmer #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=91613
UK Gilt Yields Rise Despite CPI Relief as Caution Mounts Ahead of Next Week's Budget

UK gilt yields climbed as markets grew cautious ahead of the Autumn Budget, despite October CPI meeting expectations and rate cut odds rising to the high-80% range.

Yonhap Infomax

On Thursday 20th November 2014, for the first time in 170 years, UK parliament has debated the creation of money. Few people know that 97% of our money supply is created not by the government (or the central bank), but by commercial banks in the form of loans.

As the results of our recent poll show, most MPs lack a sufficient understanding of money creation. A worrying number of our MPs do not understand where money comes from.

#AutumnBudget, #UK, #positivemoney.

Look @RachelReeves i think it's clear that we have tested the current system to breaking point as @stevebaker stipulated as one of the points before possible implementation of the Money Creation & Society Debate 2014 in the @ukparliament

#AutumnBudget., #PositiveMoney.

"Tell you what Rachel Reeves won't raise: fuel duty on circus vehicles."

Marina Hyde applies her finest gallows humour to the state of UK Labour: the strategic vacuity and tactical incompetence of the Starmer team, and the dizzying pre-budget disintegration of Reeves's autumn budget.

As far as UK Labour is concerned, gallows humour is all we are left with.

https://www.theguardian.com/commentisfree/2025/nov/14/keir-starmer-labour-briefing-tax-rise

#UKpol #Starmer #Reeves #Labour #AutumnBudget #MarinaHyde

Who could be behind the phantom briefing and the tax rise that wasn’t? Inspector Starmer is on the case

Chaos and ineptitude dog our poor PM. Perhaps the explanation lies (very) close to home, says Guardian columnist Marina Hyde

The Guardian

The Cycle to Work scheme may be up for reform at the Autumn Budget.

The chancellor would do well to take a measured approach here, because C2W is now 25% of all retail sales. A blunt force strike could easily do more harm than good.

https://www.cyclingelectric.com/news/cycle-to-work-budget

#ebikes #cycling #cycletowork #transport #electricbikes #policy #budget #autumnbudget

The UK unemployment rate rose to 5.0% in July–September, surpassing forecasts and reaching its highest level since early 2021, signaling a cooling labor market ahead of the Autumn Budget.
#YonhapInfomax #UKUnemployment #ONS #WageGrowth #LaborMarket #AutumnBudget #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=90328
UK Unemployment Rate Rises to 5.0% in July–September, Highest Since February 2021

The UK unemployment rate rose to 5.0% in July–September, surpassing forecasts and reaching its highest level since early 2021, signaling a cooling labor market ahead of the Autumn Budget.

Yonhap Infomax

The latest kite from the Treasury is the message that Rachel Reeves will lift eat two child benefit cap in the Autumn Budget... however, like all such kites this is likely being flown to test opinion.

But in this case, once such a possibility has been raised, if Reeves doesn't deliver, it will be a massive (secondary) own goal from the Chancellor.

So in this case once the kite has been flown it may well sat aloft!

#benefits #AutumnBudget

h/t FT