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![db_fink Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1181861567450796034.png) 🧠 David [@db_fink](/creator/twitter/db_fink) on x 23.7K followers
Created: 2025-07-17 09:18:17 UTC

‘David Belle, Founder and Trader at Fink Money, described the situation as "simply staggering." He said: "It is quite unbelievable that Reeves thought increasing the Employers' National Insurance contributions burden on businesses would be good.

"It's very likely the tax take is lower, as it's been proven to be with capital gains bringing in less after the increase. The Bank of England is now dealing with a seriously big conundrum. Do they cut rates and risk inflation shooting higher or do they wait and see further growth stagnation?

"This falls firmly at the feet of the Treasury and Chancellor. The UK is a complete basket case right now."




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**Related Topics**
[bank of](/topic/bank-of)
[capital gains](/topic/capital-gains)
[tax bracket](/topic/tax-bracket)
[insurance](/topic/insurance)
[money](/topic/money)
[trader](/topic/trader)

[Post Link](https://x.com/db_fink/status/1945775052277907589)