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Old 29-09-2022, 10:52   #457
jonbxx
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Re: New Prime Minister: Liz Truss

Quote:
Originally Posted by jonbxx View Post
Interestingly, we all call this a mini budget, the press call this a mini budget but officially, this is a ‘fiscal event’ and not a budget. This means there’s no vote I am afraid. To lose a vote on the budget is pretty much a vote of no confidence as this would say the House of Commons does not agree on how the government is running the economy so they might be glad that there’s no vote!
Well it turns out I was wrong and there might well need to be a vote as changes to taxation are involved. Interestingly, the vote deadline is very close to when the additional information will come from the Chancellor.

Here’s a Twitter thread on this - https://twitter.com/aliceolilly/stat...5v76W0qggmrc5Q
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