The UK is and probably always will be obsessed with throwing as much money as possible at pensioners. Whilst pensioners also oppose any and all investment and tend to be the biggest NIMBY’s!
Only thing that could have been added to this segment is perhaps quantifying that £23.9Bil in the context of total Government spending. No taxes need to be raised, there’s sufficient money available it’s just a matter of political choices on what the Government prioritises.
People will immediately jump on welfare or the NHS but honestly we need to sort out the debt situation as we spent over £110Bil servicing that last year, a figure 50% larger than that of entire the Defence budget.
Some of the reasons for the Economic decline:
The handover of Hong Kong (HK is the World's third financial center)
The 2008 Financial Crisis, the Housing bubble, interruption of cheap energy imports from Russia
Lockdowns costs, financing the Ukraine conflict, Energy volatility due to the Gulf conflict, AI...
We need to build a fleet of Small Nuclear Reactors (SMR's). SMR's are constructed in a factory line, so they can be built fast and cheap. 70-80 Would be enough to power all of the UK and have a surpluss in energy generation, and it would be VERY cheap for homeowners and businesses. That surplus could be used to attract AI data centres to the UK; AI companies are already SCREAMING for more power, which is the main bottleneck for them. We could place the data centres in areas that were formerly home to closed British industry, and we could revitalise British former industrial towns.
Why does the chart for the 'Brexit effect' refer only to goods? The UK is a service economy and service exports have increased by more than enough to offset lower goods exports. It's a bit naughty.
The ex military leader is now chancellor! It’s literally the same ppl over and over again simply shuffling around, are ppl actually satisfied with this? We have the same ppl who live politics and jump between jobs that they have no expertise in
How about not setting money on fire with excess quangos/consultants, subsidies and welfare to the uninvited. I bet they could easily hit the ta e get without helping themselves to ordinary working peoples pockets yet again.
The UK defence sector is dominated by the big players on their contractual merry-go-round with governments. Let smaller players innovate and lead and get rid of these dinosaurs.
We had just been hit by the World Banking Crisis in 2009 after 12 years of steady non inflationary growth under Labour.
The Tories took over in 2010 & George Osborne ignored the advice of the vast majority of economists & imposed austerity instead of following Keynesian policies to grow the economy.
The economy stagnated exactly as Osborne was warned it would & basically we have virtually no growth since.
M
MattOnTheRoad20 Jul 2026
Harbourview, it's wild but probably not anytime soon. Until we have something with that same raw stopping power, big guns are here to stay.
If there was an easy answer to the uk’s problems we wouldn’t need to keep changing prime ministers
H
harbourview20 Jul 2026
That pivot from Napoleon’s era straight to modern Ukraine is wild. It’s crazy how some designs just stay top-tier for centuries without needing a total reboot. Do you think we'll ever see a piece of tech actually replace the heavy artillery, or is this the ultimate high score?
C
Cal from Daily JunctionHost20 Jul 2026
Spot on, Cal. I'm curious to see if the next leader leans into more tech-driven governance to actually modernize how things run.
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People will immediately jump on welfare or the NHS but honestly we need to sort out the debt situation as we spent over £110Bil servicing that last year, a figure 50% larger than that of entire the Defence budget.
The handover of Hong Kong (HK is the World's third financial center)
The 2008 Financial Crisis, the Housing bubble, interruption of cheap energy imports from Russia
Lockdowns costs, financing the Ukraine conflict, Energy volatility due to the Gulf conflict, AI...
We had just been hit by the World Banking Crisis in 2009 after 12 years of steady non inflationary growth under Labour.
The Tories took over in 2010 & George Osborne ignored the advice of the vast majority of economists & imposed austerity instead of following Keynesian policies to grow the economy.
The economy stagnated exactly as Osborne was warned it would & basically we have virtually no growth since.