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Re: New Prime Minister: Liz Truss
Quote:
Originally Posted by Hugh
https://www.independent.co.uk/news/u...-b2195185.html
Quote:
Kwasi Kwarteng blames ‘pressure’ of Queen’s death for botched mini-budget
Chancellor also sparks fresh confusion over next financial statement, saying: ‘It’s going to be 23 November’ – despite Treasury briefing it has been brought forward
Kwasi Kwarteng has blamed the “pressure” of the Queen’s death for mistakes in the mini-budget which has plunged the Tory party in crisis.
“We had a nation in mourning and then, literally, four days after the funeral we had the mini-budget,” the chancellor said.
“It was a high speed, high pressure environment and we could, as David Cameron used to say, have prepared the pitch a bit better.”
Mr Kwarteng also sparked fresh confusion over his next financial statement, saying: “It’s going to be 23 November,” – despite the Treasury briefing it has been brought forward to October.
And he said the scrapping of the 45p tax rate for top earners has merely been “postponed”, before correcting himself to say: “We have decided not to proceed with it.”
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Just thinking about this statement about "high speed, high pressure environment"…
HM died on the 8th, it was announced on the 15th that the mini-budget was going to happen on the 21st and 22nd - any "high pressure environment" was purely self-inflicted…
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Last edited by Hugh; 04-10-2022 at 15:41.
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