Grim reaper is deffo looming now. streetings dumped them now.
Oh and todays masterpiece:
Rachel Reeves now resembles the financial equivalent of a woman attempting to pilot a burning caravan through a flooded quarry while insisting everything is “fully costed.”
Britain’s business community meanwhile sits tied to the roof rack wondering whether the next tax rise will arrive before or after the axle falls off.
Government borrowing costs are now at levels not seen since the late 1990s. The pound is sliding around like a drunk wedding guest. Asset managers are openly warning investors to avoid British debt.
Morgan Stanley has effectively looked at the UK economy and diagnosed it with “persistent vegetative state.” Yet Reeves still delivers speeches with the rigid confidence of somebody trying to assemble IKEA furniture upside down while refusing to read the instructions.
The truly impressive part is how Labour has managed to recreate the atmosphere of 1976 without the inconvenience of disco music or visible industrial capacity.
Back then James Callaghan went crawling to the IMF because Britain had run out of road, money and credibility simultaneously. In 2026 Labour has modernised the process.
We now bankrupt the country digitally while MPs post diversity graphics on LinkedIn and insist declining living standards are “the transition.”
The business community has become an endangered species under Reeves. Shopkeepers, contractors, consultants, manufacturers and self-employed professionals are treated less like wealth creators and more like criminal suspects who somehow escaped sentencing.
Every morning another business owner wakes up to discover:
higher corporation tax,
higher employment costs,
higher borrowing costs,
higher compliance costs,
higher energy costs,
and lower confidence.
At this point the average SME owner checks HMRC correspondence the way medieval villagers checked the horizon for Viking ships.
And what is Reeves’s answer to a flatlining economy? More taxation, naturally. Because nothing stimulates investment quite like threatening the remaining productive people with financial euthanasia.
Meanwhile Labour MPs are openly sharpening knives over Starmer’s leadership while bond markets watch in horror like nervous wedding guests spotting the groom’s ex climbing through a church window.
If Starmer survives, markets see weakness and spending concessions to the Labour left.
If Rayner arrives, investors start hiding under desks. If Burnham arrives, gilt traders may simply burst into tears on live television.
There is no reassuring option. The entire front bench now resembles the management team of a collapsing regional theatre company trying to perform Les Misérables during a gas leak.
Britain is drifting carelessly into national insolvency managed by people whose only growth sector appears to be public sector consultancy and sensitivity training.
Callaghan’s ghost must be looking down at Westminster thinking:
“Bloody hell… even we weren't that dishonest.