🔴 BRITAIN ON THE BRINK | Lord Moynihan Warns of Near-Certain Recession & Wealth Exodus | UK Politics News
📺 Watch GB Today Live with Susanna Reid as we unpack a shocking forecast that could shape the UK’s future.
A senior Conservative peer, Lord Moynihan, has issued a chilling economic alert — warning that Britain is heading for an “almost certain recession” by the end of the year. In this hard-hitting episode of GB Today Live, Susanna Reid breaks down his stark claims and the dramatic consequences they may carry.
According to Lord Moynihan, a wealth exodus is already underway. His accountant, who once represented 400 wealthy UK families, has revealed that 75 affluent households have already left Britain in the past 12 months — citing punishing tax rates, rising regulation, and a growing lack of incentive to remain.
But this isn’t just about billionaires. Young professionals are reportedly fleeing too, trading London for Dubai, Sydney, and New York — draining the UK of talent and investment.
🚨 Key topics covered in this video:
Lord Moynihan’s recession warning: What’s driving the decline?
Why the wealthy and ambitious are leaving Britain
Is government spending spiraling out of control?
Analysis of Chancellor Rachel Reeves’ £500M Better Futures Fund
Controversy over Labour’s push for Britons to invest in the stock market
Reaction from Shadow Chancellor Sir Mel Stride
The battle over Britain’s economic future: Reform or ruin?
Lord Moynihan paints a picture of a Britain stuck in a “cycle of high tax and low reward,” claiming that as the government grows, the private economy shrinks — risking mass business closures, falling productivity, and collapsing revenues.
Meanwhile, Chancellor Rachel Reeves argues the Government is investing for growth and justice, introducing new policies to support vulnerable children and unlock private capital. But critics ask: Is it too little, too late? Or simply the wrong approach altogether?
💬 Join the conversation:
Do you believe Lord Moynihan’s warning is justified? Is Britain overtaxed and overregulated — or on the path to inclusive growth?
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Good evening and welcome to GBT Live. I’m Susanna Reid. Tonight we bring you a stark economic warning that’s shaking the political and financial establishment to its core. A conservative peer, Lord Moyhan, has declared that Britain is on the brink with an almost certain recession looming by the end of this year. He’s sounding the alarm not just on slowing growth, but on a mass exodus of wealth, talent, and enterprise. a trend he believes is accelerating dangerously. According to Lord Moyhen, 75 wealthy families have left Britain in the past 12 months alone. That’s nearly one household every 5 days. And this isn’t anecdotal. The data comes from his accountant who once managed the finances of 400 high- netw worth households. Now, a growing number have packed up and gone, and they’re not looking back. Dubai, Australia, the United States. These are just some of the destinations attracting Britain’s ambitious professionals and its billionaires. And Lord Moyan’s warning isn’t just about the rich. It’s about the lifeblood of Britain’s economy. Entrepreneurs, young professionals, job creators. Here’s what he had to say. The left-wing warriors say, “Who cares? But the money won’t be there to pay your benefits anymore.” Strong words. And it’s not just rhetoric. Lord Moyan says we’re in a spiral. high taxes, heavy regulation, and bloated government spending. He claims the size of the state is ballooning and dangerously so. With government expenditure approaching half of the UK’s entire economic output, that he says is a looming catastrophe. As taxes rise and regulation tightens, Lord Moyan warns that more people will simply give up. They’ll shut down their business, stop working, or they’ll just leave. He says the warning clear. The consequence grave. He predicts negative growth, falling revenues, and a shrinking workforce. But how is the government responding? Well, Chancellor Rachel Reeves is taking a different path. She’s launched the 500 million pound better futures fund, the large the largest of its kind in the world, aimed at helping 200,000 vulnerable children. She’s also pushing for a national investment drive, encouraging Britons to move savings into stock markets with potential annual returns of up to 9%. But critics argue it’s a gamble, one that may not sit well with risk averse savers, especially older Britain who prefer the stability of ISAs and fixed rate savings accounts, offering four to 5% with zero capital risk. Meanwhile, the opposition isn’t holding back. Conservative shadow chancellor Sir Mel Stride has accused Labor of worsening the situation. Labour’s jobs tax has pushed up unemployment and prices, he says, trapping more children in workless, struggling homes. He’s called the current economic approach one of taxing work, choking growth, and driving families into hardship. Business closures up, consumer spending down, immigration of high earners, rising tax receipts falling despite higher rates. The message from Lord Moyan is this. Unless Britain changes course by cutting taxes, shrinking the state, and easing regulation, we could be staring down a recession of our own making. And it won’t just affect the rich, it could hit everyone. So, what’s next for Britain? Will the government double down on public spending and progressive reforms? Or will the warnings of Lord Moyan and the movement of wealth out of the UK force a change in direction? What’s clear is this. The storm clouds are gathering. The choices made in the coming months could define Britain’s economic future for years to come. We’ll continue to track the numbers, the policies, and the politics right here on GBTOday Live. I’m Susanna Reid. Thank you for joining us. Stay informed, stay engaged, and good
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