Rachel Reeves is 'Depressed.'

KJM Today Comment

January 13, 2025.

Rachel Reeves 'very depressed' and 'cant see way out' of UK economy woes

Rachel Reeves is reportedly feeling "very depressed" and "can't see a way out" amid UK economic turmoil. Increases in the Government's borrowing costs have sparked concern that the Chancellor will be unable to meet her fiscal rules.

A source told The Times: "She's got choices to make and she knows they're all s***."

But shadow business secretary Andrew Griffith said:

"Rachel is apparently feeling depressed.

"Imagine how pensioners, farmers, businesses, families - and in fact everyone whose money or job she has taken away - feel.

"Bad socialist choices coming home to roost."

Ms Reeves has vowed to "take action" to meet her debt and spending targets which is reported to include deeper spending cuts and slashing the welfare bill.

The Chancellor has previously ruled out further tax rises after hiking taxes by £40 billion at the Budget in October. It comes after turbulence on the gilt markets, where yields reached their highest level since 2008 last week.

The chaos overshadowed Ms Reeves's trip to China as she faced criticism for going ahead with the visit. The Chancellor also came under fire for returning with just £600 million of investment.

Various sources are reporting that the Chancellor is feeling depressed, along with the somewhat barbed remark that she 'can't see a way out.' This is hardly a surprise.

Ms. Reeves has been shown to be remarkably inept at looking after the nation's finances and she must realise that she has made a complete pig's ear of things, hence the depression.

But Ms. Reeves must also realise that it is the people of this country who have far greater reason to feel down, and for the most part, because of the actions not only of herself but also the Prime Minister and the Cabinet as whole.

Not to mention so many current Labour MPs - those who cheered and jeered recently in the House of Commons, and do whenever they 'defeat' the Conservatives.

Is that all that matters to them? Is beating the wicked Tories the be all and end all of their lives and their time in Parliament?

If so, then we can suggest a simple and quick way out for both the Chancellor and the supposed majority in the House - resign.

Now.

Image - Getty

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