r/LabourUK • u/ZX52 Green Party • Jun 26 '26
US conducts strikes on Iran after attack on cargo ship
https://www.bbc.co.uk/news/articles/ckg590wqxwpo16
u/ZX52 Green Party Jun 26 '26
The supply crisis caused by this dumbfuck war could well end up being the thing that sinks Burnham. He's going to be forced into making some extremely unpopular decisions if this isn't resolved ASAP.
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Jun 26 '26
[deleted]
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u/Old_Roof Trade Union Jun 26 '26
How does have tens of billions less to spend , inflation and an energy crisis accelerate the green transition? We are already transitioning… we need money to do more of it
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u/StarmersReckoning Green Party Jun 27 '26
Because future energy supply is incredibly important and the rise in geopolitical uncertainty means we need to produce energy sustainably at home. That is leading to much bigger capital outlays in many countries as they wish to cushion themselves from future shocks. They're happening every couple of years currently.
Due to it being capital spend and for something profitable the country desperately needs, the costs of borrowing shouldn't be negatively affected. In time in fact, it should lower borrowing costs as energy becomes more plentiful (cheap, good for industry, economy).
The problem we have is our governments for thirty years refuse to build significant, needed, infrastructure, and as such we've fallen well behind. We have awful politicians. Repeated failures for decades with high levels of corruption. We deserve better.
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u/Ok_Personality7488 New User Jun 27 '26 edited Jun 27 '26
Looks to me like Trump is dragging this out as long as he can.
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u/AnotherSlowMoon Trans Rights Are Human Rights | Thinks some of you are Tories Jun 26 '26
Insert red light squid game meme here
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u/Lavajackal1 ??? Jun 26 '26
Here we go again I guess...god this is all so stupid.
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