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

[1andrew1]

Originally Posted by Mick

I was really disappointed Ben Wallace, didn’t enter race.

Too sharp a cookie to do that.

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Originally Posted by ianch99

Remind you of anything? Same idiots, same story ..

Once the technique of dismissing opposng views as fear-mongering is shown to work, it's too good a tool for politicians to avoid using, particularly those offering cake-and-eat-it policies.

[jfman]

https://www.theguardian.com/uk-news/...eekly-audience

The King capturing the mood of the nation.

[denphone]

Originally Posted by Mick

I was really disappointed Ben Wallace, didn’t enter race.

l think the reason he did not enter is because he wanted to put his family first.

BREAKING: Sky News understands that there are current discussions in 10 Downing Street to scrap parts of the Mini Budget. - Sky News.



You cannot make this shit up. Tories are FUBAR! (And that’s coming from one!)

I now declare myself politically homeless.

[joglynne]

Originally Posted by Mick

BREAKING: Sky News understands that there are current discussions in 10 Downing Street to scrap parts of the Mini Budget. - Sky News.

You cannot make this shit up. Tories are FUBAR! (And that’s coming from one!)

I now declare myself politically homeless.

I suspect that there are enough of us in the same position that we could form our own party and get an overall majority in the next general election. <<sigh>>

[peanut]

The BBC says 'Downing Street insists no more U-turns on mini-budget'. Followed by 'Pound jumps on rumours of mini-budget U-turn'. You can't make it up.

[denphone]

Originally Posted by peanut

The BBC says 'Downing Street insists no more U-turns on mini-budget'. Followed by 'Pound jumps on rumours of mini-budget U-turn'. You can't make it up.

Nicholas Watt from Newsnight has just said this from the mouth of a Tory MP and that is get braced for the mother of all U-Turns.

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Originally Posted by Mick

BREAKING: Sky News understands that there are current discussions in 10 Downing Street to scrap parts of the Mini Budget. - Sky News.



You cannot make this shit up. Tories are FUBAR! (And that’s coming from one!)

I now declare myself politically homeless.

After googling about FUBAR l fully understand what it means now.

[Julian]

Originally Posted by denphone

Nicholas Watt from Newsnight has just said this from the mouth of a Tory MP and that is get braced for the mother of all U-Turns.

Maybe they will cancel the help with energy bills to pay for tax cuts.

Originally Posted by peanut

The BBC says 'Downing Street insists no more U-turns on mini-budget'. Followed by 'Pound jumps on rumours of mini-budget U-turn'. You can't make it up.

Ah so it is true then

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Anyway she'll try to pin it on Kwasi Kwarteng, he's probably gone

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BTW This must have leaked somewhere as the markets started recovering about 30 mins before Sky reported it...

Originally Posted by Damien

Ah so it is true then

---------- Post added at 13:17 ---------- Previous post was at 13:16 ----------

Anyway she'll try to pin it on Kwasi Kwarteng, he's probably gone

---------- Post added at 13:54 ---------- Previous post was at 13:17 ----------

BTW This must have leaked somewhere as the markets started recovering about 30 mins before Sky reported it...

I don’t think it should stop at Kwasi.

[denphone]

Only my opinion but l would say Liz Truss is a culpable as Kwasi Kwarteng.

[mrmistoffelees]

https://news.sky.com/story/chancello...-plan-12719504

I’ll take 11am tomorrow morning…..

[jfman]

Originally Posted by denphone

Only my opinion but l would say Liz Truss is a culpable as Kwasi Kwarteng.

I think she's about as capable

[1andrew1]

Truss's team are learning that you can't fight the laws of economics...and we're all paying heavily for their catch-up tuition classes!

I suspect Truss could be tempted to borrow Gove's knife-sharpener on Friday assuming the IMF release Kwarteng.

Unless she's too busy putting up Corporation Tax!

Liz Truss may raise corporation tax in further budget U-turn

Liz Truss is on the brink of putting up corporation tax as part of a Downing Street plan to back down from the huge package of unfunded tax cuts in her mini-budget, sources claim.

The move would represent a massive climbdown as her promise to cancel Rishi Sunak’s plans to put up corporation tax from 19% to 25% was a central pledge of her leadership campaign.

One government source told the Guardian that No 10 officials – rather than their Treasury counterparts – were reviewing the mini-budget in order to shore up Truss’s premiership after the disastrous economic growth plan last month.

Another source suggested that the option of raising corporation tax was “on the table” in the prime minister’s efforts to balance the books – although this could be by just one or two percentage points.

They indicated that no decision would be announced until the chancellor had returned from Washington – where he was at a meeting of the International Monetary Fund – on Friday. However, there was speculation in Whitehall that the scale of the U-turn could make it impossible for Kwarteng to continue in post.

https://www.theguardian.com/politics...-budget-u-turn

[Mr K]

Originally Posted by Mick

I now declare myself politically homeless.

The Green Party Mick? I'm sure there's a tree hugger inside you somewhere. Trees are our friends, and would run the Country better