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-   -   Liz Truss Resigns [Who'll be the next Prime Minister?] (https://www.cableforum.uk/board/showthread.php?t=33711301)

Damien 06-09-2022 19:47

Re: New Prime Minister: Liz Truss
 
I've not had a phone call from No 10 yet :erm:

papa smurf 06-09-2022 19:50

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Damien (Post 36133445)
I've not had a phone call from No 10 yet :erm:

Don't worry they'll get around to needing a party planner ;)

Damien 06-09-2022 19:56

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by papa smurf (Post 36133446)
Don't worry they'll get around to needing a party planner ;)

:drunk:

Maggy 06-09-2022 20:25

Re: New Prime Minister: Liz Truss
 
I've had fun looking at the dictionary definition of a truss.;)

Mick 06-09-2022 20:25

Re: New Prime Minister: Liz Truss
 
Penny Mordaunt appointed Leader of the House of Commons. Ben Wallace stays as Defence Secretary.

1andrew1 06-09-2022 20:26

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Maggy (Post 36133454)
I've had fun looking at the dictionary definition of a truss.;)

First female PM not to take her husband's surname.

Hugh 06-09-2022 20:29

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by 1andrew1 (Post 36133456)
First female PM not to take her husband's surname.

That’s a bit "woke"…

Paul 06-09-2022 20:39

Re: New Prime Minister: Liz Truss
 
Kwasi Kwarteng has been named chancellor - I dont even know how to pronounce that :erm:

GrimUpNorth 06-09-2022 20:42

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Paul (Post 36133461)
Kwasi Kwarteng has been named chancellor - I dont even know how to pronounce that :erm:

Just drink 15 pints then ask someone to draw the curtain in the toilet, and you'll of nailed it!

Mick 06-09-2022 20:44

Re: New Prime Minister: Liz Truss
 
BREAKING: President Zelenskyy of Ukraine becomes first Foreign leader to speak to Liz Truss as Prime Minister, inviting her to his country.

Damien 06-09-2022 20:48

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Paul (Post 36133461)
Kwasi Kwarteng has been named chancellor - I dont even know how to pronounce that :erm:

chaan-suh-luh

1andrew1 06-09-2022 21:00

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Hugh (Post 36133457)
That’s a bit "woke"…

Perhaps she was woke when she married. ;)

---------- Post added at 21:00 ---------- Previous post was at 20:50 ----------

Quote:

Originally Posted by papa smurf (Post 36133446)
Don't worry they'll get around to needing a party planner ;)

No issues with No 10 holding parties as long as she doesn't appear on Tv and tell us not to.

Paul 06-09-2022 21:01

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Mick (Post 36133463)
BREAKING: President Zelenskyy of Ukraine becomes first Foreign leader to speak to Liz Truss as Prime Minister, inviting her to his country.

No doubt to ask for more weapons.
Were partly in this mess for supporting him.
I'm starting to wonder if its really worth it.

Quote:

Originally Posted by Damien (Post 36133465)
chaan-suh-luh

Ha Ha :)

1andrew1 06-09-2022 21:08

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Paul (Post 36133470)
No doubt to ask for more weapons.
Were partly in this mess for supporting him.
I'm starting to wonder if its really worth it.

Alternatively, go all out with support for Ukraine so that Russia gets defeated and we can start buying Russian gas again.

Say £5bn tops in weapons costs compared to the £90bn package announced today and the yet-to-be-announced costs for supporting businesses.

Damien 06-09-2022 21:09

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Paul (Post 36133470)
No doubt to ask for more weapons.
Were partly in this mess for supporting him.
I'm starting to wonder if its really worth it.

No real alternative other than letting Putin bully and invade Eastern Europe.

All we're really doing is bringing forward what would happen anyway and that's Europe reducing its dependence on Russian energy. If we didn't support Ukraine then Putin would be looking at Moldova and elsewhere and we would be in the same situation, with Russia threatening to withhold gas if we stand up to them.

Mick 06-09-2022 21:17

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Mick (Post 36133463)
BREAKING: President Zelenskyy of Ukraine becomes first Foreign leader to speak to Liz Truss as Prime Minister, inviting her to his country.

LATEST: New Prime Minister, Liz Truss has this evening accepted President Zelenskyy’s invitation to visit Ukraine.

Paul 06-09-2022 21:22

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by 1andrew1 (Post 36133471)
Alternatively, go all out with support for Ukraine so that Russia gets defeated and we can start buying Russian gas again.

Russia are not going to be defeated, not in the way you think anyway.

Quote:

Originally Posted by Damien (Post 36133472)
All we're really doing is bringing forward what would happen anyway and that's Europe reducing its dependence on Russian energy.

Then perhaps we (they) should have reduced reliance first (the UK isnt really reliant on it).

Mick 06-09-2022 21:29

Re: New Prime Minister: Liz Truss
 
Rt Hon Jacob Rees-Mogg MP as Secretary of State for Business, Energy and Industrial Strategy - No.10

---------- Post added at 21:29 ---------- Previous post was at 21:23 ----------

Quote:

Originally Posted by Paul (Post 36133474)
Russia are not going to be defeated, not in the way you think anyway.

Then perhaps we (they) should have reduced reliance first.

Former President Trump, Warned and ridiculed Germany for relying too heavily on Russian gas in 2018, he was laughed at and berated by German politicians, but he had an absolute point that being of where we are now.

Chris 06-09-2022 21:45

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Mick (Post 36133475)
Rt Hon Jacob Rees-Mogg MP as Secretary of State for Business, Energy and Industrial Strategy - No.10

---------- Post added at 21:29 ---------- Previous post was at 21:23 ----------



Former President Trump, Warned and ridiculed Germany for relying too heavily on Russian gas in 2018, he was laughed at and berated by German politicians, but he had an absolute point that being of where we are now.

To be fair, Trump was one of a very large number of politicians who warned Germany of its folly, going back over 30-odd years. Eastern European leaders, especially from the Baltic states, were especially vocal. If Trump joined the chorus in 2018 he was actually pretty late to the party.

1andrew1 06-09-2022 21:55

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Chris (Post 36133477)
To be fair, Trump was one of a very large number of politicians who warned Germany of its folly, going back over 30-odd years. Eastern European leaders, especially from the Baltic states, were especially vocal. If Trump joined the chorus in 2018 he was actually pretty late to the party.

2018 was four years after the invasion and annexation of Ukrainian territory which should have given us all a heads-up on the need for greater energy sovereignty.

Mick 06-09-2022 22:03

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Chris (Post 36133477)
To be fair, Trump was one of a very large number of politicians who warned Germany of its folly, going back over 30-odd years. Eastern European leaders, especially from the Baltic states, were especially vocal. If Trump joined the chorus in 2018 he was actually pretty late to the party.

Well, he did only become president in 2017. Before that, they were hardly going to listen to a real estate businessman.

Damien 06-09-2022 22:12

Re: New Prime Minister: Liz Truss
 
One of Germany's problems was the brain-dead idea to close nuclear power plants for no real reason other than the general political mood of the time. Everyone went crazy after Fukushima even though that was an old plant, hit by an earthquake and a tsunami which still isn't predicted to have had that many fatalities (a lot more people will die from being able to heat their homes this winter).

One of our problems is successive governments refusing to build them because they take 10 years to come online.

Mick 06-09-2022 22:21

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Damien (Post 36133480)
One of Germany's problems was the brain-dead idea to close nuclear power plants for no real reason other than the general political mood of the time. Everyone went crazy after Fukushima even though that was an old plant, hit by an earthquake and a tsunami which still isn't predicted to have had that many fatalities (a lot more people will die from being able to heat their homes this winter).

One of our problems is successive governments refusing to build them because they take 10 years to come online.

So we can blame Nick Clegg for scuppering plans for Nuclear power back in 2010, as part of a Coalition agreement with the Tories. Got it. ;)

Damien 06-09-2022 22:33

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Mick (Post 36133482)
So we can blame Nick Clegg for scuppering plans for Nuclear power back in 2010, as part of a Coalition agreement with the Tories. Got it. ;)

Well yes, Clegg explicitly stated we shouldn't have them because they wouldn't come online until 21/22! Although the coalition agreement only stopped them from using public money to help build them.

Labour wanted them but never pushed it though because they were lukewarm on it, pretty much for the same reason that they didn't want to pick up the bill.

But the Tories too have done little on nuclear power and have been in power for 12 years with the coalition or 7 years without them.

I think we should do it ourselves and own the plants at this point. Hinkley Point is estimated to be about £25 billion. We could have built four of them for the price of this cap freeze until January. Underinvestment costs us in the long run as does depending on a private company who'll delay every step of the way hoping to get us to foot a lot of the bill for their shiny new plant.

1andrew1 06-09-2022 23:06

Re: New Prime Minister: Liz Truss
 
This may trigger some but Tony Blair very amusingly calls out the Conservatives' views on nuclear power in this historical clip. I think it neatly sums up the views of many on both sides.
https://www.youtube.com/watch?v=ktIPiKwmnEI

Mr K 07-09-2022 07:29

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Mick (Post 36133475)
Rt Hon Jacob Rees-Mogg MP as Secretary of State for Business, Energy and Industrial Strategy - No.10

Super, a climate change denier in charge of Energy. Maybe he'll have us all going round on Penny Farthings, to trade with each other in highly prized candles...

As for Industrial Srategy, it will no doubtless be to provoke as many strikes as he can....

BenMcr 07-09-2022 09:23

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Mick (Post 36133475)
Rt Hon Jacob Rees-Mogg MP as Secretary of State for Business, Energy and Industrial Strategy - No.10

Quote:

Originally Posted by Mr K (Post 36133489)
Super, a climate change denier in charge of Energy. Maybe he'll have us all going round on Penny Farthings, to trade with each other in highly prized candles...

As for Industrial Srategy, it will no doubtless be to provoke as many strikes as he can....

We've now got a separate Minister for Climate - https://www.gov.uk/government/minist...er-for-climate

spiderplant 07-09-2022 10:06

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by 1andrew1 (Post 36133456)
First female PM not to take her husband's surname.

which is O'Leary ;)

Damien 07-09-2022 10:14

Re: New Prime Minister: Liz Truss
 
It's very common now for women who've got established public careers under their original names to keep it now for obvious reasons. I think I prefer that any way to the other increasingly common trend to have double-barrelled surnames as I think that'll get messy when their kids go onto to marry other people with such surnames (Smith-Evans-Taylor-Jones anyone?)

Pierre 07-09-2022 10:39

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Damien (Post 36133514)
It's very common now for women who've got established public careers under their original names to keep it now for obvious reasons. I think I prefer that any way to the other increasingly common trend to have double-barrelled surnames as I think that'll get messy when their kids go onto to marry other people with such surnames (Smith-Evans-Taylor-Jones anyone?)

Mrs Pierres family were all girls, and her sister only had daughters. We have two boys but we don't go in for double barrel names so our boys middle names are Mrs Pierres surname.

1andrew1 07-09-2022 10:55

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Damien (Post 36133514)
It's very common now for women who've got established public careers under their original names to keep it now for obvious reasons. I think I prefer that any way to the other increasingly common trend to have double-barrelled surnames as I think that'll get messy when their kids go onto to marry other people with such surnames (Smith-Evans-Taylor-Jones anyone?)

Don't countries who do this just drop the second surname after the hyphenation so it would be Smith-Taylor in the above example if the parents were Smith-Evans and Taylor-Jones?

OLD BOY 07-09-2022 14:12

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Mr K (Post 36133489)
Super, a climate change denier in charge of Energy. Maybe he'll have us all going round on Penny Farthings, to trade with each other in highly prized candles...

As for Industrial Srategy, it will no doubtless be to provoke as many strikes as he can....

I simply point out that it was the obsession with green energy which has resulted in us being in the position we are in now.

Had we gone for a gentle transition, closing down fossil fuel resources only as green fuels were able to replace them, we wouldn’t be in the mess we’re in now.

We are still committed to net zero by 2050, but most of these green extremists want it all now. We should stop listening to them.

Dave42 07-09-2022 14:27

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by OLD BOY (Post 36133579)
An I simply point out that it was the obsession with green energy which has resulted in us being in the position we are in now.

Had we gone for a gentle transition, closing down fossil fuel resources only as green fuels were able to replace them, we wouldn’t be in the mess we’re in now.

We are still committed to net zero by 2050, but most of these green extremists want it all now. We should stop listening to them.

the thing is OB we cant just carry on as normal and do nothing cant just sit back and make the planet uninhabitable

OLD BOY 07-09-2022 14:34

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Dave42 (Post 36133584)
the thing is OB we cant just carry on as normal and do nothing cant just sit back and make the planet uninhabitable

If you re-read my post, I accept that we need to reach net zero by 2050. But we need to do it sensibly.

Sephiroth 07-09-2022 14:56

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by spiderplant (Post 36133512)
which is O'Leary ;)

Did Mick know that?!

Dave42 07-09-2022 14:57

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by OLD BOY (Post 36133586)
If you re-read my post, I accept that we need to reach net zero by 2050. But we need to do it sensibly.

agree but we got to make sure we dont leave it to late

Mad Max 07-09-2022 14:58

Re: New Prime Minister: Liz Truss
 
It won't matter a jot what we do on this small island about climate change, especially when you have huge nations like China and India still using fossil fuels and will probably continue to do so for many years to come.

papa smurf 07-09-2022 15:08

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Mad Max (Post 36133595)
It won't matter a jot what we do on this small island about climate change, especially when you have huge nations like China and India still using fossil fuels and will probably continue to do so for many years to come.

I'll be fossil fuelling the arse out of my stove this winter.

jfman 07-09-2022 15:30

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by OLD BOY (Post 36133579)
I simply point out that it was the obsession with green energy which has resulted in us being in the position we are in now.

Had we gone for a gentle transition, closing down fossil fuel resources only as green fuels were able to replace them, we wouldn’t be in the mess we’re in now.

We are still committed to net zero by 2050, but most of these green extremists want it all now. We should stop listening to them.

Yet we are making tons of green energy at a fraction of the cost we are paying for it.

It’s not the green agenda that’s failed. It’s the fake free market. Happy to trouser taxpayers cash with tens of billions in profit completely unlinked to the cost of production.

OLD BOY 07-09-2022 16:40

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by jfman (Post 36133598)
Yet we are making tons of green energy at a fraction of the cost we are paying for it.

It’s not the green agenda that’s failed. It’s the fake free market. Happy to trouser taxpayers cash with tens of billions in profit completely unlinked to the cost of production.

Yes, they call it pump priming in the business. We had to incentivise the move to green fuel first, and yes, happily the cost of production has fallen.

The green protagonists want every thing done yesterday. They have the right dream but they lack the know-how on the means to achieve the aim without major disruption to the well being of the population.

---------- Post added at 16:40 ---------- Previous post was at 16:37 ----------

Quote:

Originally Posted by Mad Max (Post 36133595)
It won't matter a jot what we do on this small island about climate change, especially when you have huge nations like China and India still using fossil fuels and will probably continue to do so for many years to come.

And that’s why the protests on climate and energy are wasted in this country. They should be protesting to the large users of fossil fuels about their lack of progress. But they won’t do that, will they?They would rather protest in the UK, which has already committed to net zero by 2050. Pretty pointless, really.

jfman 07-09-2022 17:04

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by OLD BOY (Post 36133602)
Yes, they call it pump priming in the business. We had to incentivise the move to green fuel first, and yes, happily the cost of production has fallen.

The green protagonists want every thing done yesterday. They have the right dream but they lack the know-how on the means to achieve the aim without major disruption to the well being of the population.

And that’s why the protests on climate and energy are wasted in this country. They should be protesting to the large users of fossil fuels about their lack of progress. But they won’t do that, will they?They would rather protest in the UK, which has already committed to net zero by 2050. Pretty pointless, really.

The means :rofl:

Like £170 billion thrown onto the national debt what would that buy you if it wasn’t being siphoned off into shareholder dividends?

£2.5 trillion of debt on the Conservatives watch. Which begs the question what are they conserving? Fat cat bonuses?

OLD BOY 07-09-2022 17:11

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by jfman (Post 36133607)
The means :rofl:

Like £170 billion thrown onto the national debt what would that buy you if it wasn’t being siphoned off into shareholder dividends?

Do you actually understand how business works, jfman?

You’d screw the economy completely if you were in charge. Investors would upsticks for a start, then where would we be?

In the wotsit, that’s where we’d be. Mind you, I expect you would be rolling in it, so pleased with yourself that no rich people were left in the country, but wondering why public services and pension schemes had totally collapsed. It wouldn’t have been your fault, of course. Somebody will have made you do it… :rolleyes:

jfman 07-09-2022 17:15

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by OLD BOY (Post 36133608)
Do you actually understand how business works, jfman?

You’d screw the economy completely if you were in charge. Investors would upsticks for a start, then where would we be?

In the wotsit, that’s where we’d be. Mind you, I expect you would be rolling in it, so pleased with yourself that no rich people were left in the country, but wondering why public services and pension schemes had totally collapsed. It wouldn’t have been your fault, of course. Somebody will have made you do it… :rolleyes:

:rofl: we call that playing the man not the ball, OB.

Nice to see your party letting you down that much even you can’t defend them.

Paul 07-09-2022 17:45

Re: New Prime Minister: Liz Truss
 
Last warning, jfman and Old Boy.

If you dont stop sniping at each other in topics I'll remove both of you from said topics.

TheDaddy 07-09-2022 18:00

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by OLD BOY (Post 36133608)
Do you actually understand how business works, jfman?

You’d screw the economy completely if you were in charge. Investors would upsticks for a start, then where would we be?

You don't clearly, Bernie Loony himself said a windfall tax wouldn't affect investment in the North Sea but why let that stand in the way of your fanaticism

Pierre 07-09-2022 18:14

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by OLD BOY (Post 36133608)
Do you actually understand how business works, jfman?

You’d screw the economy completely if you were in charge. Investors would upsticks for a start, then where would we be?

In the wotsit, that’s where we’d be. Mind you, I expect you would be rolling in it, so pleased with yourself that no rich people were left in the country, but wondering why public services and pension schemes had totally collapsed. It wouldn’t have been your fault, of course. Somebody will have made you do it… :rolleyes:

jfman and I rarely see eye to eye, but wacking on £130+ billion to our national debt at the moment when the cost of borrowing is going up is lunacy.

Taxing the operators more, and charging on the actual cost of generation are a couple of things that could help short term.

Long term, scrapping net zero for something a bit more sensible.

Building more nuclear, fracking, tidal - take control of our national energy policy.

pip08456 07-09-2022 18:18

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by TheDaddy (Post 36133614)
You don't clearly, Bernie Loony himself said a windfall tax wouldn't affect investment in the North Sea but why let that stand in the way of your fanaticism

So the North Sea is the only place to invest in energy self sufficientcy?

Don't you think SMR's would be a good investment?

https://www.rolls-royce.com/innovati...ction-overview

jfman 07-09-2022 18:18

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Pierre
jfman and I rarely see eye to eye, but wacking on £130+ billion to our national debt at the moment when the cost of borrowing is going up is lunacy.

Taxing the operators more, and charging on the actual cost of generation are a couple of things that could help short term.

Long term, scrapping net zero for something a bit more sensible.

Building more nuclear, fracking, tidal - take control of our national energy policy.

What he said.

We all agree there’s some things better left to the market. It’s clear for energy that either way there’s a role for the state. The question after that is to benefit who exactly.

It’s difficult to rationalise that should be global energy companies already making supernormal profits in the absence of genuine competition.

By not taking control of these resources - or a sizeable proportion of our demand for them at a minimum - we leave ourselves exposed to being price gouged at every emerging geopolitical crisis. That hits our citizens and businesses equally, generating inflationary pressures and increasing instability.

1andrew1 07-09-2022 18:25

Re: New Prime Minister: Liz Truss
 
It looks like the market agrees with jfman on this one. The Pound has dropped to its lowest level against the Dollar since 1985!
https://www.msn.com/en-gb/money/othe...omMaestro=true

Paul 07-09-2022 18:27

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by 1andrew1 (Post 36133625)
It looks like the market agrees with jfman on this one. The Pound has dropped to its lowest level against the Dollar since

The dollar has been doing exceptionally well anyway.

Quote:

It comes after the dollar continued its recent strong spell, which saw it hit a 24-year-high against the Japanese Yen earlier in the session.
Quote:

The dollar has also closed in on a 20-year-high against the euro.

1andrew1 07-09-2022 18:29

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by jfman (Post 36133622)
What he said.

We all agree there’s some things better left to the market. It’s clear for energy that either way there’s a role for the state. The question after that is to benefit who exactly.

It’s difficult to rationalise that should be global energy companies already making supernormal profits in the absence of genuine competition.

By not taking control of these resources - or a sizeable proportion of our demand for them at a minimum - we leave ourselves exposed to being price gouged at every emerging geopolitical crisis. That hits our citizens and businesses equally, generating inflationary pressures and increasing instability.

French taxpayers who now own 100% of EDF UK must be pretty happy with Truss's decision. Macron can't believe his luck!

TheDaddy 07-09-2022 18:34

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by pip08456 (Post 36133621)
So the North Sea is the only place to invest in energy self sufficientcy?

Don't you think SMR's would be a good investment?

https://www.rolls-royce.com/innovati...ction-overview

Or you could ask the appropriate person your question, you know, the one who said investment in the North Sea would be reviewed in the light of a windfall tax and then basically said sod it we're making so much it won't make a difference

Chris 07-09-2022 18:38

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by jfman (Post 36133622)
What he said.

We all agree there’s some things better left to the market. It’s clear for energy that either way there’s a role for the state. The question after that is to benefit who exactly.

It’s difficult to rationalise that should be global energy companies already making supernormal profits in the absence of genuine competition.

By not taking control of these resources - or a sizeable proportion of our demand for them at a minimum - we leave ourselves exposed to being price gouged at every emerging geopolitical crisis. That hits our citizens and businesses equally, generating inflationary pressures and increasing instability.

When you look at where this country used to be in terms of nuclear power the state we now find ourselves is shocking. We had the first civil nuclear power programme in the world and designed and built our own reactors. Now apparently we’re unable to do anything without the blessing of EDF including, it should be noted, its trade union which has a seat on the board and understandably has demanded to know, from time to time, why this level of investment is being spent in the UK rather than in France.

Paul 07-09-2022 18:40

Re: New Prime Minister: Liz Truss
 
Not sure all this is relevant to the topic.

Please discuss energy investment in the energy topic.

Sephiroth 07-09-2022 18:41

Re: New Prime Minister: Liz Truss
 
I'll put in a different angle on all this.

The poxy press have gratuitously noted that the top 4 cabinet members are not white. Why would they do that? What purpose does it serve other than to signal some sort of woke virtue?

It causes the contrary question to be asked: what's wrong with white people? What's so wonderful about non-whites having these positions?

Had the poxy press not made their observation, nobody would have turned a hair at the colour of the skin of cabinet members.


Damien 07-09-2022 18:43

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Sephiroth (Post 36133632)
The poxy press have gratuitously noted that the top 4 cabinet members are not white. Why would they do that? What purpose does it serve other than to signal some sort of woke virtue?

It causes the contrary question to be asked: what's wrong with white people? What's so wonderful about non-whites having these positions?

They've mentioned it but it's hardly the lead story.

And it's significant because it's the first time that none of the big offices of state has been held by a white man. There wasn't a meeting one year in the 70s, 80s or 90s where everyone collectively decided to end racism and misogyny and that was it. It's a process and this is more evidence of that progress. Showing that your race or gender need not be a hindrance to occupying the most senior positions in this country is something worth noting.

Chris 07-09-2022 18:44

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Sephiroth (Post 36133632)
I'll put in a different angle on all this.

The poxy press have gratuitously noted that the top 4 cabinet members are not white. Why would they do that? What purpose does it serve other than to signal some sort of woke virtue?

It causes the contrary question to be asked: what's wrong with white people? What's so wonderful about non-whites having these positions?

Had the poxy press not made their observation, nobody would have turned a hair at the colour of the skin of cabinet members.


Social mobility has been a particular problem amongst people from ethnic minorities in the UK. Their presence in the cabinet signals that things are - slowly - changing. It is unlikely to alter the deliberations of cabinet very much because none of these people has come straight from a ghetto to government so they don’t bring that perspective. But their highly visible presence may perhaps permit some people from those places to dream and to aim for it themselves.

Without the “poxy press” making these observations, I am quite sure plenty of people from BAME backgrounds are making them for themselves.

TheDaddy 07-09-2022 18:46

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Sephiroth (Post 36133632)
I'll put in a different angle on all this.

The poxy press have gratuitously noted that the top 4 cabinet members are not white. Why would they do that? What purpose does it serve other than to signal some sort of woke virtue?

It causes the contrary question to be asked: what's wrong with white people? What's so wonderful about non-whites having these positions?

Had the poxy press not made their observation, nobody would have turned a hair at the colour of the skin of cabinet members.


Wonder what people of these ethnicities say about this, wonder if they feel represented, wonder if they think these people understand their hopes, troubles and hardships, more likely I suspect they'll say the only thing they have in common with them is an abundance of menalin

1andrew1 07-09-2022 18:47

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Chris (Post 36133631)
When you look at where this country used to be in terms of nuclear power the state we now find ourselves is shocking. We had the first civil nuclear power programme in the world and designed and built our own reactors. Now apparently we’re unable to do anything without the blessing of EDF including, it should be noted, its trade union which has a seat on the board and understandably has demanded to know, from time to time, why this level of investment is being spent in the UK rather than in France.

In the UK, our expertise in nuclear power reduced when the power companies were privatised and the company running nuclear power stations, British Energy, was acquired by EDF.

Sephiroth 07-09-2022 18:48

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Chris (Post 36133639)
Social mobility has been a particular problem amongst people from ethnic minorities in the UK. Their presence in the cabinet signals that things are - slowly - changing. It is unlikely to alter the deliberations of cabinet very much because none of these people has come straight from a ghetto to government so they don’t bring that perspective. But their highly visible presence may perhaps permit some people from those places to dream and to aim for it themselves.

Without the “poxy press” making these observations, I am quite sure plenty of people from BAME backgrounds are making them for themselves.

And that's how it should be.

Chris 07-09-2022 18:52

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Sephiroth (Post 36133644)
And that's how it should be.

Pretty sure it isn’t. The Press exists to document and critique our national life. Nothing should be off limits.

Paul 07-09-2022 18:54

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Sephiroth (Post 36133632)
It causes the contrary question to be asked: what's wrong with white people? What's so wonderful about non-whites having these positions?

Well that depends on why they were appointed.
If they were appointed to deliberately be "non white", thats a problem.
If they were appointed because they are the best person for the job, and happen to be non white, then I dont see an issue.

Some sites making a point about it does however seem like typical woke signalling.
I had not noticed, or given it a second thought until the BBC made a point of mentioning it.

1andrew1 07-09-2022 20:19

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Paul (Post 36133647)
Well that depends on why they were appointed.
If they were appointed to deliberately be "non white", thats a problem.
If they were appointed because they are the best person for the job, and happen to be non white, then I dont see an issue.

Some sites making a point about it does however seem like typical woke signalling.
I had not noticed, or given it a second thought until the BBC made a point of mentioning it.

That they got the chance to be appointed to cabinet is probably due in part to David Cameron's positive discrimination initiative. How Truss then decided who to appoint as her ministers is probably being saved for her autobiography.
Quote:

Taking credit for the current diversity on offer, Mr Cameron said that after he was elected leader of the Conservative party in 2005 he resolved to change the overwhelming majority of white candidates in the political party.

After putting a freeze on selection of Conservative candidates, Mr Cameron said he drew up a “priority list” where half would be female and a large proportion from ethnic minorities.

Mr Cameron said that his push for “positive discrimination” was “hard to swallow” for those on the right of the party and it faced “forceful” opposition.

Nevertheless, he said that his “pitch” was for “positive action” to “accelerate meritocracy” and that over the years, an increasing number of women and people from ethnic minorities entered a space that had been traditionally unwelcoming.

The former leader said that by 2010, the Conservative party had almost four times the number of female MPs and that in 2015 there were six times as many MPs from ethnic minorities.

Sephiroth 07-09-2022 20:57

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Paul (Post 36133647)
Well that depends on why they were appointed.
If they were appointed to deliberately be "non white", thats a problem.
If they were appointed because they are the best person for the job, and happen to be non white, then I dont see an issue.

Some sites making a point about it does however seem like typical woke signalling.
I had not noticed, or given it a second thought until the BBC made a point of mentioning it.

It's not about the appointments themselves. They're fine.

It's the gratuitous observation to which I object. It's unnecessary.

Mr K 07-09-2022 21:07

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Sephiroth (Post 36133649)
It's not about the appointments themselves. They're fine..

A health minister that is 20 stone, loves her cigars and is anti-abortion? Cracking appointment.

What's happened to the Minister for Brexit Opportunities post? Seems to have been quietly forgotten about... Impossible task I guess.

Damien 07-09-2022 21:57

Re: New Prime Minister: Liz Truss
 
I hate gimmicky Ministerial jobs anyway. I am not opposed to the creation of them but it should be a real job with a Ministry. They keep shuffling them around and bolting things onto different departments. It's a mess.

The one they should do it to is the Home Office which is far too big.

Hugh 07-09-2022 23:05

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Sephiroth (Post 36133649)
It's not about the appointments themselves. They're fine.

It's the gratuitous observation to which I object. It's unnecessary.

In the last hundred years

Home Secretary - there have been 41 office holders, 3 of which were from an ethnic minority (all in the last 4 years)

Chancellor of the Exchequer - there have been 37 office holders, 1 of which was from an ethnic minority (the current Officeholder)

Foreign Secretary - there have been 44 office holders, 4 of which were from an ethnic minority (all in the last 3 years).

Perhaps it’s a pertinent, rather than gratuitous, observation because of the 122 Officeholders, only 8 of them have been from ethnic minorities, and all of those in the last 4 years, and never before have all 3 Offices been held by ethnic minorities.

It’s a change, and the media reports change…

btw, interesting (imho) statistic - 7% of the U.K. population are privately educated, yet 74% of the new Cabinet are privately educated.

BenMcr 08-09-2022 08:53

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Mr K (Post 36133650)
What's happened to the Minister for Brexit Opportunities post? Seems to have been quietly forgotten about... Impossible task I guess.

Apparently Rees-Mogg still has that as part of his new job. But that other departments are now also supposed to look out for them.

papa smurf 08-09-2022 08:57

Re: New Prime Minister: Liz Truss
 
Former BBC journalist and rector of Edinburgh University is slammed for racism after dubbing Liz Truss's diverse Secretaries of State as 'the coconut cabinet'

https://www.dailymail.co.uk/news/art...ed-racism.html

his post should be renamed rectum of Edinburgh University :(

Pierre 08-09-2022 09:33

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Mr K (Post 36133650)
A health minister that is 20 stone, loves her cigars and is anti-abortion? Cracking appointment.

Nobody was making this observation when overweight, cigar smoking and whiskey drinking Ken Clarke was Health Minister.

Is it because it's a woman that it bothers you?

---------- Post added at 09:33 ---------- Previous post was at 09:28 ----------

Quote:

Originally Posted by Hugh (Post 36133652)
Chancellor of the Exchequer - there have been 37 office holders, 1 of which was from an ethnic minority (the current Officeholder)
.

3 - Sunak, Kwarteng and Zahawi

1andrew1 08-09-2022 09:36

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Pierre (Post 36133660)
Nobody was making this observation when overweight, cigar smoking and whiskey drinking Ken Clarke was Health Minister.

Is it because it's a woman that it bothers you?

I don't think forums were around then or I'm sure the point would have been made on them if other media did not pick up on them. Would have expected to see something in the tabloids at the very least.

denphone 08-09-2022 10:21

Re: New Prime Minister: Liz Truss
 
Latest opinion polling since Liz Truss became prime minister.

Quote:

The first YouGov/Times voting intention poll of Liz Truss's tenure shows the Conservatives on 29% of the vote (+1 from our previous survey on 31 August-1 September) to Labour's 44% (+1). This is Labour's highest score since August 2017.
https://yougov.co.uk/topics/politics...7-sep-2022-aug

Hugh 08-09-2022 10:22

Re: New Prime Minister: Liz Truss
 
1 Attachment(s)
Quote:

Originally Posted by Pierre (Post 36133660)
Nobody was making this observation when overweight, cigar smoking and whiskey drinking Ken Clarke was Health Minister.

Is it because it's a woman that it bothers you?

---------- Post added at 09:33 ---------- Previous post was at 09:28 ----------



3 - Sunak, Kwarteng and Zahawi

Thank you for the correction - appreciated…

(tbf, 2 of those were in the last 2 months;) )

This Ken Clarke?

https://www.cableforum.uk/board/atta...2&d=1662628838

And I believe there was a comment in Yes, Minister/Prime Minister about an overweight smoking Health Secretary.

Damien 08-09-2022 10:43

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Hugh (Post 36133669)
And I believe there was a comment in Yes, Minister/Prime Minister about an overweight smoking Health Secretary.

It's at the end of the episode that he comes Health Secretary having tried to stop a smoking tax during the episode, the premise of the joke is that he is really unhealthy but becomes Minister for Health anyway.

GrimUpNorth 08-09-2022 11:01

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Pierre (Post 36133660)
Nobody was making this observation when overweight, cigar smoking and whiskey drinking Ken Clarke was Health Minister.

Is it because it's a woman that it bothers you?

---------- Post added at 09:33 ---------- Previous post was at 09:28 ----------



3 - Sunak, Kwarteng and Zahawi

4 - Javid?

jfman 08-09-2022 11:24

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by papa smurf (Post 36133657)
Former BBC journalist and rector of Edinburgh University is slammed for racism after dubbing Liz Truss's diverse Secretaries of State as 'the coconut cabinet'

https://www.dailymail.co.uk/news/art...ed-racism.html

his post should be renamed rectum of Edinburgh University :(

Jeez

BenMcr 08-09-2022 11:33

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by papa smurf (Post 36133657)
Former BBC journalist and rector of Edinburgh University is slammed for racism after dubbing Liz Truss's diverse Secretaries of State as 'the coconut cabinet'

https://www.dailymail.co.uk/news/art...ed-racism.html

his post should be renamed rectum of Edinburgh University :(

Quote:

Originally Posted by jfman (Post 36133675)
Jeez

The posts are unacceptable and I'm glad his current employers are taking action. Although typical of the Mail to get the BBC association in, even though he's not been employed by them for over 13 years as far as I can see.

Mick 08-09-2022 12:13

Re: New Prime Minister: Liz Truss
 
BREAKING: Prime Minister Liz Truss announces in House of Commons, a yearly £2,500 price guarantee on energy bills for two years. Also government, removes ban on fracking in the UK.

Julian 08-09-2022 12:26

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by BenMcr (Post 36133676)
The posts are unacceptable and I'm glad his current employers are taking action. Although typical of the Mail to get the BBC association in, even though he's not been employed by them for over 13 years as far as I can see.

TBF Ben this is common practice all over.

Constant references to the past if it can create an effect is carried out by all the media. ;)

TheDaddy 08-09-2022 12:30

Re: New Prime Minister: Liz Truss
 
Something going on in the house, notes being passed round, people leaving, The Queen is under observation :(

Mick 08-09-2022 12:38

Re: New Prime Minister: Liz Truss
 
BREAKING: Something big is happening in the Commons - Keir Starmer is on his feet but has just been passed a note via his deputy Angela Rayner. SNP bench also made aware. A lot of very glum faces - Kate McCann, Talk TV

---------- Post added at 12:38 ---------- Previous post was at 12:32 ----------

Quote:

Originally Posted by Mick (Post 36133687)
BREAKING: Something big is happening in the Commons - Keir Starmer is on his feet but has just been passed a note via his deputy Angela Rayner. SNP bench also made aware. A lot of very glum faces - Kate McCann, Talk TV

BREAKING: Buckingham Palace spokesman: “Following further evaluation this morning, The Queen’s doctors are concerned for Her Majesty’s health and have recommended she remain under medical supervision. The Queen remains comfortable and at Balmoral.”

Being in the Health care sector, this is an indication to me that the Queen is on end of life care.

Dude111 10-09-2022 20:46

Quote:

Originally Posted by Mick
New PM, new thread…… ;)

Who would really want that posistion anyway??

With how bad things are now..... God bless Mrs. Truss if she indeed does take the Job!!

pip08456 10-09-2022 21:22

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Dude111 (Post 36133944)
Who would really want that posistion anyway??

With how bad things are now..... God bless Mrs. Truss if she indeed does take the Job!!

She took it 3 days ago.

joglynne 11-09-2022 11:09

Re: New Prime Minister: Liz Truss
 
Quote:

Prime Minister Liz Truss is to join King Charles in touring Scotland, Wales and Northern Ireland in the coming days after the Queen’s death, Downing Street has confirmed.

The incoming Prime Minister, who was in office for just four days before the death of the Queen, will join the new King as he leads “services of reflection” for his late mother around the United Kingdom.
https://inews.co.uk/news/liz-truss-a...-death-1848433

jfman 11-09-2022 18:57

Re: New Prime Minister: Liz Truss
 
https://www.theguardian.com/uk-news/...our-says-no-10

She's not accompanying the King after all, they're just going to the same places, at the same time.

Paul 11-09-2022 20:40

Re: New Prime Minister: Liz Truss
 
Correct.

Quote:

"The king is leading national mourning across the UK and the prime minister will join and attend the services", a No 10 source said. "The PM is not 'accompanying' the king and it is not a 'tour'. She is merely attending the services."
Whats you point exactly ?

jfman 11-09-2022 21:04

Re: New Prime Minister: Liz Truss
 
Merely noting that Number 10 corrected some of the previous reporting on the matter - specifically the use of the word accompany which was in the link in the post immediately before mine.

1andrew1 15-09-2022 18:43

Re: New Prime Minister: Liz Truss
 
The cull of Johnson's allies continues. The unelected Goldsmith is sacked as Environment Minister.
https://www.msn.com/en-gb/news/uknew...83b2e6116277c5

Hugh 16-09-2022 10:48

Re: New Prime Minister: Liz Truss
 
2 Attachment(s)
Kwasi Kwarteng, the new Chancellor, has mooted lifting the cap on Bankers’ bonuses (which has been in place since 2014) - YouGov did a survey on it…

https://www.bbc.co.uk/news/business-62906854

Quote:

The Treasury is considering removing a cap on bankers' bonuses as part of a post-Brexit shake-up of City rules.

Sources said no final decisions had been made, but confirmed chancellor Kwasi Kwarteng considered it a way of making London a more attractive place for global banks to do business.

City bosses have long complained about the EU-wide bonus rules which cap bonuses at twice an employee's salary.

They say they lead to higher base pay that pushes up banks' fixed costs.

Those costs cannot be adjusted in line with the firm's financial performance, they add, making the UK less attractive than the US or Asia.

People close to Mr Kwarteng confirmed reports in the Financial Times that the new chancellor is considering the move.
https://yougov.co.uk/topics/economy/.../09/15/e8157/2

https://www.cableforum.uk/board/atta...9&d=1663321218

https://www.cableforum.uk/board/atta...0&d=1663321218

For context, here is a recent article on Investment Bankers’ salaries.

https://www.efinancialcareers.co.uk/...s-banks-london

Quote:

Following the new increases, the average junior VP, aged approximately 28 is on a total package of £395k. Within just two years, this rises to £439k (senior VPs are now on salaries of £171k and bonuses of £268k, says Dartmouth.)

This is a big rise on the £300k or so, that recruitment firm Arkesden said senior VPs in London were earning last year. It reflects on the need for solid mid-ranking bankers to manage the armies of new juniors hired in 2021. It also reflects the surge in deals, and the fact that VPs as well as juniors found themselves working often crazy hours during the pandemic.

Some banks pay their VPs more than others, and New York remains far more lucrative than London. In January, we reported that some newly-promoted VPs in London were earning £420k in total compensation. At Goldman Sachs in New York, first second and third year VPs were reportedly on packages of $750k, $800-$900k, and $900k -$1m+ respectively this year.

Dartmouth Partners says Goldman also paid the highest bonuses to its junior investment bankers at analyst and associate level in London. Dartmouth puts Goldman's bonuses at £180k on average for associates and £350k for VPs.

Dartmouth says JPMorgan pays the highest salary to first year analysts, at £70k. However, our own research suggests £70k is the new norm in London and that some boutiques (Centerview) pay up to £95k.

jfman 16-09-2022 11:09

Re: New Prime Minister: Liz Truss
 
Trickle up economics is back.

Dave42 16-09-2022 11:10

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by jfman (Post 36134285)
Trickle up economics is back.

exactly tories only care for the rich as always

1andrew1 16-09-2022 11:30

Re: New Prime Minister: Liz Truss
 
Interesting article on wealth distribution from of all places, the FT. Can Truss afford to see the average household fall behind Slovenia in 2024?
Quote:

Starting at the top of the ladder, Britons enjoy very high living standards by virtually any benchmark. Last year the top-earning 3 per cent of UK households each took home about £84,000 after tax, equivalent to $125,000 after adjusting for price differences between countries. This puts Britain’s highest earners narrowly behind the wealthiest Germans and Norwegians and comfortably among the global elite.

While the top earners [in the UK] rank fifth, the average household ranks 12th and the poorest 5 per cent rank 15th. Far from simply losing touch with their western European peers, last year the lowest-earning bracket of British households had a standard of living that was 20 per cent weaker than their counterparts in Slovenia.

It’s a similar story in the middle. In 2007, the average UK household was 8 per cent worse off than its peers in north-western Europe, but the deficit has since ballooned to a record 20 per cent. On present trends, the average Slovenian household will be better off than its British counterpart by 2024, and the average Polish family will move ahead before the end of the decade. A country in desperate need of migrant labour may soon have to ask new arrivals to take a pay cut.

Our leaders are of course right to target economic growth, but to wave away concerns about the distribution of a decent standard of living — which is what income inequality essentially measures — is to be disinterested in the lives of millions. Until those gradients are made less steep, the UK and US will remain poor societies with pockets of rich people.
No paywall link: https://12ft.io/proxy?q=https://www....8-c951baa68945

jfman 16-09-2022 14:14

Re: New Prime Minister: Liz Truss
 
They'll be wanting those bonuses in dollars if the pound keeps tanking.

Pierre 16-09-2022 15:21

Re: New Prime Minister: Liz Truss
 
I just despair. After the real optimism I had in 2019 that the government had the majority and opportunity to do something.

The class of politician we now have (on all sides) is piss poor, you could grab someone off the street that would have a better understanding of the UK and what the people of the UK think.

What idiot would think that in the current climate uncapping banker's bonus would have good optics? Amateurs.

denphone 16-09-2022 15:26

Re: New Prime Minister: Liz Truss
 
l agree with Pierre as its a terrible look in the current climate.

1andrew1 16-09-2022 15:47

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Pierre (Post 36134314)
I just despair. After the real optimism I had in 2019 that the government had the majority and opportunity to do something.

The class of politician we now have (on all sides) is piss poor, you could grab someone off the street that would have a better understanding of the UK and what the people of the UK think.

What idiot would think that in the current climate uncapping banker's bonus would have good optics? Amateurs.

I don't think you can blame Sir Ed Davey or Sir Keir Starmer or even Boris Johnson for this move.

It's clearly a Liz Truss move which anyone with an ounce of sense would tell her not to do.

Paul 16-09-2022 16:05

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by 1andrew1 (Post 36134317)
It's clearly a Liz Truss move which anyone with an ounce of sense would tell her not to do.

How is it "clearly a Liz Truss move" ?

Its nothing more than a rumour/suggestion/gossip that the "new chancellor" is considering the move.

Its not official policy, nor has it been announced as such in any way at all.

As has been pointed out many times in the past, many things are "considered" by ministers, and thats as far as they ever get.

I would hope that Truss would clearly know that it would be as close as you can get to party [policy] suicide at the moment.

Pierre 16-09-2022 16:07

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by 1andrew1 (Post 36134317)
I don't think you can blame Sir Ed Davey or Sir Keir Starmer or even Boris Johnson for this move.

I'm not blaming them for anything, I just think that they're all terrible politicians

Quote:

It's clearly a Liz Truss move which anyone with an ounce of sense would tell her not to do.
Whether it's Truss, or Kwarteng or their SPADS, they're idiots. Several places removed from reality.

jfman 16-09-2022 16:11

Re: New Prime Minister: Liz Truss
 
Considering they replaced the top civil servant at the Treasury, it's fair to say it's politically driven and not from the ideas floating around Whitehall.

1andrew1 16-09-2022 16:12

Re: New Prime Minister: Liz Truss
 
Quote:

Originally Posted by Paul (Post 36134318)
How is it "clearly a Liz Truss move" ?

Its nothing more than a rumour/suggestion/gossip that the "new chancellor" is considering the move.

Its not official policy, nor has it been announced as such in any way at all.

As has been pointed out many times in the past, many things are "considered" by ministers, and thats as far as they ever get.

I would hope that Truss would clearly know that it would be as close as you can get to party [policy] suicide at the moment.

It's not gossip - Kwasi Kwarteng mentioned it to the City last week. He's seeking a Brexit benefit and believes he has found one that makes the City of London more attractive It's a high-risk strategy so makes sense to get it out of the way before an election.

Will be interesting to see what happens.


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