Liz Truss Resigns [Who'll be the next Prime Minister?] - Page 42

jfman · 03-10-2022, 08:36

I almost spat out the gruel I’m having for breakfast.

peanut · 03-10-2022, 08:42

310637539_10160873282367873_2442052101296314074_n.jpg

denphone · 03-10-2022, 08:51

Quote:

Originally Posted by jfman

I almost spat out the gruel I’m having for breakfast.

l thought croissants would have been more your taste.

---------- Post added at 07:51 ---------- Previous post was at 07:50 ----------

Quote:

Originally Posted by Damien

The Lady is for Turning (no one else will make that joke today): https://twitter.com/BethRigby/status...09298734505984

One thing is for certain and that she is no Margaret Thatcher.

papa smurf · 03-10-2022, 09:01

Pounds up on the markets

1andrew1 · 03-10-2022, 09:03

Anyone apart from me anticipating a post along the lines of "You lot weren't happy when Truss proposed removing the 45% tax band. Now she's no longer proposing it you are still unhappy. No pleasing some people."

Mr K · 03-10-2022, 09:03

Quote:

Originally Posted by OLD BOY

Actually , it is the lack of detail about how it will be paid for that is the issue. That’s why Liz has delayed the reduction in tax until late November, when the whole package will be set out.

It’s a storm in a tea cup.

It's heck of a big tea cup and storm this morning OB. Have a laugh at the Torygraph readers comments, all
very entertaining.

So is she a weak u-turner or incompetent? You tell us, because it"s one or the other.

1andrew1 · 03-10-2022, 09:18

Quote:

Originally Posted by Mr K

It's heck of a big tea cup and storm this morning OB. Have a laugh at the Torygraph readers comments, all
very entertaining.

So is she a weak u-turner or incompetent? You tell us, because it"s one or the other.

Sorry Mr K, I beg to differ.

She is undoubtedly both!

GrimUpNorth · 03-10-2022, 09:22

So it took just over a week. How many £billions a day did their incompetence cost us?

peanut · 03-10-2022, 09:28

Quote:

Originally Posted by GrimUpNorth

So it took just over a week. How many £billions a day did their incompetence cost us?

It wasn't incompetence, this U-turn happened because it was a distraction.

mrmistoffelees · 03-10-2022, 09:34

Quote:

Originally Posted by GrimUpNorth

So it took just over a week. How many £billions a day did their incompetence cost us?

How many millions/billions did some make from this ?

papa smurf · 03-10-2022, 09:37

I can't understand why the small change the 45% tax attracts has has upset the lefty wingnut media and tory traitors so much, and 40% tax didn't upset labour when Gordon Brown was chancellor.

denphone · 03-10-2022, 09:41

Quote:

Originally Posted by papa smurf

I can't understand why the small change the 45% tax attracts has has upset the lefty wingnut media and tory traitors so much, and 40% tax didn't upset labour when Gordon Brown was chancellor.

Is that the rumoured growing 50 plus Tory MPs who were going to have their whip withdrawn from them for not kowtowing to the party line.

mrmistoffelees · 03-10-2022, 09:46

Quote:

Originally Posted by papa smurf

I can't understand why the small change the 45% tax attracts has has upset the lefty wingnut media and tory traitors so much, and 40% tax didn't upset labour when Gordon Brown was chancellor.

The actions by the 'supposed lefty wingnut media' and 'tory traitors' might just go some way to help minimise any potential losses to your state pension, i'd stop your whining and start thinking of the potential benefits if i were you.

You would be one of the first to complain should you lose out.

**Chris** · 03-10-2022, 09:51

Quote:

Originally Posted by papa smurf

I can't understand why the small change the 45% tax attracts has has upset the lefty wingnut media and tory traitors so much, and 40% tax didn't upset labour when Gordon Brown was chancellor.

Because it was unfunded and therefore suggests Truss & Kwarteng either don’t know what theyre doing or have a cavalier attitude to risk. And the pound’s slump against the dollar wasn’t caused by lefty wingnuts or disloyal Tories, it was caused by the markets, which are nervous of economically illiterate governments.

jfman · 03-10-2022, 09:51

Quote:

Originally Posted by mrmistoffelees

How many millions/billions did some make from this ?

That’s the most pertinent question. A policy that wasn’t a manifesto commitment, or a campaign promise, announced that moved the market that much without consultation with Cabinet or MPs, completely uncosted with no OBR analysis. And not announced at a budget either.

Don’t presume incompetence when the stench of corruption isn’t far from this Conservative party.