candy49 in #uk • 2 days agoThe Bank of England has now reversed £300 billion of Quantitative Easing... but it still hasn't got back to March 2020 levels, that will need another £200 billion of asset purchases to be reversed. Here is the chart: [source](candy49 in #uk • 9 days agoUK gilt yields soar - for the first time this century the UK is paying more to borrow than the USNormally British and American bond yields track each other. For good reason, as they are both service dominated economies with big housing and financial sectors. But yields are…candy49 in #uk • 11 days agoUK trade surplus with New Zealand jumps after trade dealThe Brexit transition ended on 31st December 2020, after which Britain was free to sign trade deals around the world. The trade deal with New Zealand was signed in October 2021…candy49 in #uk • 13 days agoWhy are Holiday Inn hotels housing migrants, but Premier Inn hotels arn't?It comes down to business models. Holiday Inn are part of Intercontinental Hotel Group (IHG hotels and Resorts). They're a British multinational listed on both the London…candy49 in #uk • 16 days agoThe UK's trade deficit with China widened to £39 billionThis was down to a sharp decrease in exports of goods to China. (Services exports were up, but not enough to offset the decline in goods). Here is the table: [source](candy49 in #uk • 20 days agoThe Pound's share of Global Foreign Exchange Reserves is at the highest since 2000The Pound is now the third most held foreign currency (5.1%), after the dollar (57.74%) and euro (20.06%) according to the IMF. Here is the table: [source](candy49 in #uk • 25 days agoThe UK now has a trade surplus with Japan thanks to servicesThe first post Brexit trade deal the UK made was with Japan. It was signed on 23rd October 2020 and came into effect in 2021. It eliminated many of the tariffs that had applied…candy49 in #uk • last monthHow Britain got a better trade deal from Trump than the EUThe Brits got their timing right. They cut their deal at the moment Trump was at his most vulnerable. Here's the timeline: April 2nd: Trump announces his Liberation Day…candy49 in #uk • last monthUK trade with Australia has jumped since the trade deal came into force in 2023The Australia-UK Free Trade Agreement, which was signed on 17th December 2021, came into force on 31st May 2023. The deal eliminated 99% of tariffs on both sides. 2024 was the…candy49 in #uk • 3 months agoLabour is heading into an employment crisisThe media has been focused on the UK unemployment rate rising to 4.6% from 4% at the general election in July 2024. But that is based on a survey and distorted by the…candy49 in #uk • 5 months agoHow will the council elections play out?In about six weeks, the UK goes to the polls for the May council elections. It'll be the first electoral feedback on Keir Starmer's Labour govt since they won power in the…candy49 in #uk • 7 months agoWill Keir Starmer survive as Prime Minister?When the general election campaign began in mid May 2024, Labour were polling at 46%. But when the votes were counted on 4th July, Labour got just 33.7% of the vote - the lowest…candy49 in #hive • last yearUpdate on Hive-Engine Withdrawals problemSo - it is coming up to four days since I tried to make a withdrawal from Hive-Engine to Hive. I still haven't received my coins, and now the Hive-Engine withdrawal page shows…candy49 in #hive • last yearWithdrawals from Hive Engine not workingSo, about 14 hours ago I sold some layer 2 coins for Hive, and initiated a withdrawal to Hive so I could transfer it to savings - and it never arrived. It's only a tiny tiny…candy49 in #politics • last yearHow did Kamala Harris secure support so fast?Ever since the disastrous debate at the end of June, President Biden was coming under huge pressure to drop out of November's presidential election. But the stubborn old man was…candy49 in #uk • last yearA connundrum from the General ElectionPart of the reason Labour won 411 seats in the general election despite getting only 33.7% of the vote, is that the right-wing vote was split, with many 2019 Tory voters…candy49 in #france • last yearWhat do the French elections mean?One of the most puzzling elections in the Western world are the elections for the National Assembly in France. They were called three years before they needed to be held and have…candy49 in #uk • last yearDo people remember the Council Elections on 2nd May?When the results came in, Professor Rawlings caused huge controversy with his projected national vote : Labour 35% Tories 26% LibDems 16% Others (Independents, Greens, Reformcandy49 in #uk • last yearHere is how voters have reacted to the debates and manifestosWe've now had the manifestos of all the parties standing in the election. We've also had one head-to-head debate between Rishi Sunak and Keir Starmer on ITV, an interview session…candy49 in #uk • last yearYouGov's MRP poll for Birmingham looks wrongMRP stands for Multilevel Regression and Post-Stratification. What they do is first do a standard poll with a large sample - at least 10,000 people rather than 2,000. They ask…