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

[1andrew1]

Originally Posted by Paul

I suspect most will judge on little more than what directly affects them - i.e. the cost of living.

I agree that's probably the key factor but I think Seph's right to add the NHS to the list.

[1andrew1]

Michelle Donelan is "re-examining the business case" for selling Channel 4. Looks like the new government is acting a bit more sensibly now that Dorries and her Twitter account have gone.
Per FT journalist: https://twitter.com/janinegibson/sta...17302723727362

[OLD BOY]

Originally Posted by 1andrew1

Michelle Donelan is "re-examining the business case" for selling Channel 4. Looks like the new government is acting a bit more sensibly now that Dorries and her Twitter account have gone.
Per FT journalist: https://twitter.com/janinegibson/sta...17302723727362

https://www.politicshome.com/news/ar...ne-safety-bill

[EXTRACT]

New Culture Secretary Michelle Donelan has said ministers plan to “re-examine the business case” for selling Channel 4, a proposal that had caused severe backlash within industry when suggested by Nadine Dorries.

Dorries, who headed the Department for Culture, Media and Sport in Boris Johnson's government until recently, claimed that public ownership was holding back the channel from competing with the likes of Netflix and Amazon and was planning legislation for its privatisation.

The proposal sparked outrage among a number of Tory grandees and media figures.

But now her successor Donelan said she is “making sure that we still agree” with the decision to take the broadcaster out of public ownership.

"We do need to reexamine the business case, and that's certainly what I'm doing,” she told BBC Radio 4's Today Programme on Tuesday.

Donelan described herself as “the type of politician that bases their decisions on evidence, that bases their decisions on listening," after questions were raised over whether the controversial Channel 4 plans would still go ahead under new Prime Minister Liz Truss.

“I will take that approach when it comes to Channel 4 and every aspect of my brief,” she added.

The MP for Chippenham also said she is a “sceptic” when it comes to the BBC licence fee, which has also been a point of contention among senior ministers.

[1andrew1]

Originally Posted by OLD BOY

https://www.politicshome.com/news/ar...ne-safety-bill

[EXTRACT]

New Culture Secretary Michelle Donelan has said ministers plan to “re-examine the business case” for selling Channel 4, a proposal that had caused severe backlash within industry when suggested by Nadine Dorries.

Dorries, who headed the Department for Culture, Media and Sport in Boris Johnson's government until recently, claimed that public ownership was holding back the channel from competing with the likes of Netflix and Amazon and was planning legislation for its privatisation.

The proposal sparked outrage among a number of Tory grandees and media figures.

But now her successor Donelan said she is “making sure that we still agree” with the decision to take the broadcaster out of public ownership.

"We do need to reexamine the business case, and that's certainly what I'm doing,” she told BBC Radio 4's Today Programme on Tuesday.

Donelan described herself as “the type of politician that bases their decisions on evidence, that bases their decisions on listening," after questions were raised over whether the controversial Channel 4 plans would still go ahead under new Prime Minister Liz Truss.

“I will take that approach when it comes to Channel 4 and every aspect of my brief,” she added.

The MP for Chippenham also said she is a “sceptic” when it comes to the BBC licence fee, which has also been a point of contention among senior ministers.

Obviously if there was a clear case to flog it they would not have to look at it again. A waste of tax-payers money for what will end up being a policy u-turn.

[jfman]

Oh dear. A commitment to evidence based decision making has to be bad news for those in favour of privatisation of C4 and the end of the BBC licence fee. Since both are the dying remnants of an ideology from the 80s that we are spending hundreds of billions to prop up I can’t see anyone committing further to it in any meaningful sense.

[1andrew1]

From the FT

Channel 4’s planned privatisation has been thrown into doubt after the new UK culture secretary said she was revisiting “the business case” for selling the publicly owned broadcaster, while at the same time backing an overhaul of BBC funding.

Speaking in her first major interview since she was appointed last month, Michelle Donelan told the BBC on Tuesday that she was “re-examining” the rationale for the proposed sale of the commercially funded broadcaster “to make sure we still agree with the decision”.

While Donelan left open the possibility that she would press on with Boris Johnson’s contentious privatisation plans, the marked change of tone will raise Channel 4’s hopes of finding an alternative solution to a sale, from which the government hoped to raise at least £1bn.

Channel 4 will see her review as potentially reopening debate about alternative reforms to its business model that stop short of a private sale.

Chief executive Alex Mahon had proposed partnering with private investors to increase the broadcaster’s investment in programming while remaining in public hands. Donelan’s predecessor Nadine Dorries flatly rejected the plan as unworkable.

12ft.io/proxy?q=https://www.ft.com/content/551253ca-3577-4212-934e-8193d61a63c9

[jfman]

Originally Posted by 1andrew1

Obviously if there was a clear case to flog it they would not have to look at it again. A waste of tax-payers money for what will end up being a policy u-turn.

What’s quite funny is the implication that Nads was acting out of ideological dogma. Colour me surprised.

Looks like the removal of the cap on banker bonuses will happen: https://www.bbc.co.uk/news/uk-politics-62968072

[Mr K]

Originally Posted by Damien

Looks like the removal of the cap on banker bonuses will happen: https://www.bbc.co.uk/news/uk-politics-62968072

And Lizzie has admitted her tax cuts will benefit the rich most.

She's doing Labour's job for them nicely.

[1andrew1]

Originally Posted by Mr K

And Lizzie has admitted her tax cuts will benefit the rich most.

She's doing Labour's job for them nicely.

She's got a big majority so she can take unpopular decisions without fear of them being thrown out by the House.

But if they're too out of tune with the electorate, she risks staying in power for only as long as her two recent predecessors.

She'll likely stay in power until the next election.

[ianch99]

There are mutterings that Truss will unleash "Charter Cities" on us. If true, be very afraid - this taken from her chief economic advisor's former employer :

https://www.taxpayersalliance.com/ch...1e_acnz6xzb7l0

Take Hull. Given its prime location facing Europe, we've long believed it has huge potential, and yet it has failed dismally to exploit it. Suppose it became our own version of a Charter City - minimum wage and working hours regulations abolished, social benefits for working age citizens abolished (maybe a 5 year phased withdrawal), central government economic and planning and regulations abolished, no more central government development assistance but a 10% flat rate income tax, 10% Corporation Tax rate, and no capital gains tax.

Public spending as a percentage of GDP would obviously fall sharply, and those that depend on public spending would certainly feel the squeeze (although welfare recipients could be given the option of staying on benefit if they relocated outside the City). But against that, Hull would attract entrepreneurs and private investment on an unprecedented scale - and with its easy European access, much of the inflow would come from overseas. There would soon be jobs for all.

[jfman]

Originally Posted by ianch99

There are mutterings that Truss will unleash "Charter Cities" on us. If true, be very afraid - this taken from her chief economic advisor's former employer :

https://www.taxpayersalliance.com/ch...1e_acnz6xzb7l0

A wet dream for finance that can trickle in and back offshore but a living nightmare for anyone who actually had to live in Hull.

[1andrew1]

Originally Posted by Paul

She'll likely stay in power until the next election.

Agreed - hadn't realised Johnson had been in power for so long as he had. She'll actually be less - probably 2 years and about 3 months.

Originally Posted by jfman

A wet dream for finance that can trickle in and back offshore but a living nightmare for anyone who actually had to live in Hull.

TBF living in Hull is already a living nightmare.