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Bank of England Governor Andrew Bailey signals willingness to tolerate inflation above 2% target temporarily to support fragile UK economy, while warning of second-round price effects and monitoring Middle East situation's impact on inflation and labor market conditions amid ongoing economic uncertainty.
#YonhapInfomax #BankOfEngland #AndrewBailey #InflationTarget #UKEconomy #MonetaryPolicy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=123069

BOE Governor Says Inflation Above 2% Target Acceptable to Support UK Economy

Yonhap Infomax

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Lazarou Monkey Terror 🚀💙🌈2d ago

I remember when Farage's Brexit was going to revitalise Grimsby's fishing industry.....

#UKPol #UKPolitics #Grimsby #NEETs #Brexit #UKEconomy

Lazarou Monkey Terror 🚀💙🌈2d ago

"there's opportunities for British NEETs now that migration is down"

yeah, we tried hiring British people to pick fruit already though, didn't we?

#NEETs #UKPol #UKPolitics #LateStageCapitalism #UKEconomy #Brexit #Immigration #UKYouthUnemployment #MilburnReview

Lazarou Monkey Terror 🚀💙🌈2d ago

lol, I'm a middle aged Millennial and I barely have any of these things. The only property I'll own will come after my parents die.
A Pension? I think I've probably paid about two years into a company pension, ever....

The Economy hasn't changed since the turn of this century, don't start pretending you're concerned about it now lads, people didn't buy it in the 00s and they aren't buying it now

Ivory tower fuckwits 😡

#UKPol #UKpolitics #NEETS #UKEconomy #LateStageCapitalism #MilburnReview

Lazarou Monkey Terror 🚀💙🌈2d ago

Immigration is down, yet Youth Unemployment continues to rise, not that the racists actually cared about the employment or the Economy, it was just an excuse to hate on people who are superficially different from them.

Anyway, tell us how this wonderful AI bollocks Tony Blair has been pushing on us is going to solve this problem?

https://www.theguardian.com/business/2026/may/28/uk-risks-125bn-hit-youth-unemployment-landmark-report-alan-milburn-neets

#UKEconomy #UKPol #UKPolitics #YouthUnemployment #NEETS

UK risks £125bn hit a year from youth unemployment, landmark report says

Alan Milburn warns of ‘lost generation’ after number of young people not in work or education rises to more than 1m

The Guardian

Akerix EN 4d ago

Diverse Issues Capture UK Attention Amidst Global and Local Developments

Today in the United Kingdom, a multitude of issues are shaping the national discourse. From international tensions impacting the economy to local incidents affecting communities, the news landscape is varied and dynamic.

## Economic Impacts of International Tensions
The global political climate is exerting significant pressure on the U…

#Akerix #UK #InternationalTensions #UKEconomy
https://akerix.com/pulse/gb/2026-05-26

Global Feed 6d ago

UK bond yields just saw their steepest weekly fall since 2024, while retail sales slipped as drivers curb fuel use.

- Lower yields hint at easing borrowing costs, but also signal market uncertainty.
- The dip in retail spend aligns with tighter household budgets and reduced mileage.

Investors are watching whether this slowdown spreads beyond energy‑linked sectors.

#UKEconomy #BondYields #RetailSales #EnergyTransition #FediverseNews

🔗 https://news.google.com/rss/articles/CBMiugFBVV95cUxNUlFRd0FYVDVVNzk5ZHJMMl9ZcmNDWlBEWE5SVm1mejlfaEJ6SUpCczdLR3RuYVJKOGFSV3Zzc05OeWp5NXBvLW5uZS1STk53OERueXJQYkY1VXdWRDc0OVdGVDRBTl9WdnpNR09HWDJsT0VBbFFISUtqZUtyMjVjbkdJSTZIN1RmZEhpTER5THB5UVJLMm1IdHJodzRGUlAwOVpacDdjdEd6dWhleFlKWmRPQnI4bzdVUEE?oc=5

Before you continue

Daily Times - Latest Pakistan News, World, Business, Sports, Lifestyle [Unofficial]May 22

Iran war drives sharpest petrol demand fall in years

https://fed.brid.gy/r/https://dailytimes.com.pk/1497194/iran-war-drives-sharpest-petrol-demand-fall-in-years/

KillBait UK 🇬🇧May 22

UK Government Borrowing Surpasses Forecasts in April Amid Rising Costs

📰 Original title: Government borrowing higher than expected in April

🤖 IA: It's not clickbait ✅
👥 Users: It's not clickbait ✅

View full AI summary: https://en.killbait.com/uk-government-borrowing-surpasses-forecasts-in-april-amid-rising-costs.html?utm_source=mastodon_world&utm_medium=social&utm_campaign=killbait_uk.mastodon_world

#economy #ukeconomy #governmentborrowing #publicfinances

UK Government Borrowing Surpasses Forecasts in April Amid Rising Costs

In April, the UK government's borrowing reached £24.3 billion, significantly exceeding both the figure from the same period last year and the £20.9 billion projected by the Office for Budget Responsibility (OBR). Despite higher tax revenues, increased spending on benefits and other public services drove the borrowing surge. Benefit expenditure rose by £2.7 billion, mainly due to inflation-linked increases and the earnings-related rise in the state pension. Debt interest payments also hit a record £10.3 billion for April, up £0.9 billion from last year. Economists note that the higher borrowing reflects substantial government spending and could influence fiscal policy decisions in the coming months. Separate data from the Office for National Statistics (ONS) indicated a 1.3% drop in retail sales volumes in April, largely due to falling motor fuel sales. The combination of rising energy prices, slower economic growth, and elevated public borrowing presents a challenging fiscal environment. In response, the government has announced measures to ease the cost of living, including reduced VAT on family day out tickets, free bus travel for under-16s in August, and import tax cuts on certain foods, funded partly by changes to taxes on UK-based oil and gas firms. Analysts warn that borrowing may remain high throughout the year, potentially requiring adjustments in fiscal policy at the autumn Budget.

KillBait

NewsletterTF May 22

LABOUR'S BREXIT SHIFT: FROM SILENCE TO SCRUTINY

Labour Party now links UK's slow economy to Brexit. Learn how this changes their plan and what it means for voters.

#LabourBrexit, #UKeconomy, #BrexitImpact, #RachelReeves, #UKpolitics

https://newsletter.tf/labour-brexit-uk-economy-impact/