Tellas government gambling "British National Games"

The British government announced a series of economic stimulus measures including large -scale tax cuts on the 23rd, hoping to boost the British economy that is about to fall into a decline. The Institute of Finance of the British Think Tank believes that this will be the largest tax reduction since 1972. However, the investment market did not feel emotional to this, but instead worried that the British government's debt was high, it would trigger more turbulence in the society. The Labor Party of the British Opposition said that this was a "desperate gambling." A number of British people interviewed by a reporter from the Global Times said that the economic recession of the UK has begun. Under high inflation, their lives have become more embarrassed, and their lives are even more difficult than the 2008 financial crisis.

On the 22nd of local time, the Bank of England announced its interest rate hikes 50 basis points, which was the seventh time the Bank of England announced its interest rate hike this year. The picture shows the British Central Bank building. (Agence France -Presse)

"British disease"

The British Finance Minister Kwatten announced on the 23rd that the tax cuts launched this time involved personal income tax and property tax. The British government estimates that tax cuts will reduce fiscal revenue, and it is estimated that from 2026 to 2027 fiscal annual fiscal will receive less than 45 billion pounds. The British "Financial Times" quoted Kwateng's words that the purpose of introducing the tax cuts was to promote the economic growth rate of Britain to 2.5%, otherwise it would be difficult for the government to pay for public services. A few days ago, the Bank of England announced the interest rate hike 50 basis points to adjust the benchmark interest rate to 2.25%to cope with rising inflation expectations.

Paul Johnson, director of the Institute of Finance of the British Think Tank, said that in order to achieve these measures, Britain may borrow £ 120 billion in 3 years. Paul Johnson described this plan was a "big gambling", and money was put into an economy where inflation is still high. Only the British economic growth "can really keep up" is "controllable". "Japan Times" also said that this is the "historic gambling" of the British economy for the British economy.

The concerns of the investment market are almost overwhelming. Bloomberg said that the exchange rate of the British pound fell to $ 1.0894 on the 23rd, and it fell below the $ 1.09 mark for the first time since 1985.

At least five crises such as Brexit, Russia and Ukraine's conflict, the death of the Queen of Britain, high inflation, and soaring energy prices have led to the economic downturn in the UK. Ding Chun, a professor at the Institute of World Economic Research, Fudan University, said in an interview with the Global Times reporter on the 25th that the death of the Queen of Britain, superimposed by the British economic downturn, and cracked down on British confidence to a certain extent. However, the root cause of British economic downturn is mainly related to the long "Brexit". Due to the long period of Brexit, the United Kingdom and the European Union are still running -in and connecting. In addition, the overall world economy is facing the impact of stagnation, and the British involved in Russia and Ukraine's conflict has caused problems such as shortage of labor in the British market and serious energy crisis. difficult. Ding Chun believes that the highest inflation record in 40 years and the exchange rate of the pound fell to the 37th year. The economic dilemma faced by Britain at this time was very similar to the situation when Mrs. Sachel came to power. Essence

For the British government's launch of "prescriptions" such as large -scale tax cuts, Ding Chun believes that if the "prescription" is not easy to achieve the purpose of treating diseases and saving people, it is necessary to see if supporting measures are prepared. "Tax reduction means that the national income is reduced. In this case, how to solve the bills of the people and fill the economic holes also require more economic measures," Ding Chun believes that whether ordinary people can cook the British government to block economic holes in the British government. It is more important. During this period, strikes and other activities will break out in the UK.

Many British people's lights have gone out early

The British Think Tank Resolution Foundation issued a report earlier that Britain is facing the most serious crisis of living standards in the past 100 years.

In Hesteins, the coastal city of the southeast of England, the seafood restaurants sold along the coastline of the urban area are now almost all disappeared. Before the outbreak, even if the local consumption economic growth was weak, you can still see the affordable seafood selling for 25 pounds of £ 25. The local people who have changed to the £ 8 -pounded £ 8 of a £ 8 -£ 8 -£ 8 -£ 8 -£ 8 -£ 8 -£ 8 -£ 8 -£ local person Philip told the Global Times reporter that it is helpless. , To remove costs and freight, which was originally 25 pounds of £ 25. He said that the surrounding peers have been closed since the second half of last year. The downturn in this round of British economy has lasted for nearly two years and has not seen a transfer.

Entering autumn, as long as you pay attention to it, you will find that the lights of many people in the UK will go out early. In order to save electricity and gas, many British people also squeezed into the free local library and strived to work in a corner. During the epidemic government, the Johnson government has repeatedly called on office workers to return to the urban company to work, but now more and more office workers have taken the initiative to return to the company to work, and they prefer to go late to late. One of the purpose is to reduce household energy expenditures.

Naxim, who was engaged in a hairdresser in London, originally planned to buy his own barber gallery as early as possible after the epidemic was over, and he prepared a down payment budget of 30,000 pounds. But now, he has given up this dream. He told a reporter from the Global Times that on the one hand, high inflation caused to double the cost of investment, and on the other hand, there are fewer and fewer people who are willing to spend £ 15 for £ 15. "There are already 5 rated museums in the town, and the business is very bleak," Nasim sighed. He still has to strive for haircuts for 30 customers every day in order to ensure expenses such as rent, one family to eat and use cars. Expert: trade with China, Britain will be more pragmatic

In an interview with the British "Daily Telegraph" interview with the outside world's questioning and criticism, he denied that he had bet on the British economy. He said that he could not comment on the fluctuations in the financial market, but he believed that the most favorable approach to the economy was to create an environment for people to invest in the UK.

Thomas, who is engaged in the import and export business of medical equipment in the largest city of Manchester in northwestern England, told the Global Times reporter that business cooperation with Chinese companies has become no longer beneficial in recent years. On the one hand, the supply chain is not smooth, leading to a high operating cost; on the other hand, multiple investors are not optimistic about British -China relations, especially the Tellas government has even more worried about the style of the Huagong style.

At present, China is the third largest foreign trading country and the largest importer in Britain. The development of trade between China and Britain has long maintained a good trend for a long time. Ding Chun believes that Britain's diplomatic tradition is very pragmatic. This can be seen from the UK's stress to the AIIB that the United Kingdom that year, and Britain will now have a good relationship with China. On behalf of the British government, the British Deputy Prime Minister Kofi thanked Wang Qishan for his special trip to participate in the funeral of the Queen, and said that the work of the new British government is undergoing the development. Essence ▲

Ji Shuangcheng, a special reporter in the United Kingdom, Ji Shuangcheng, reporter Yang Shasha

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