Looks like another humiliation for Truss on Corporation Tax ... ... and the defence will be that Boris wasn't really that bad after all
What a surreal time we find ourselves in... looking forward to Church on Sunday. Will be saying my daily prayers shortly. God bless you all.
Looks like more u-turns after speeches yday. CX heading back from Washington immediately as Truss tries to salvage anytning. Embarrassment. Just call a general election.
Twelve years of free reign to engineer a total disaster. I wonder whether it's the opposition failing to block their policies to blame, or the media reporting on them, the Stock Exchange, the Bank of England ... ... or will they accept any responsibility whatsoever. Brexit was supposed to give the country a massive boost but there doesn't seem to be any benefits at all. The boat people are still flooding in but the useful EEC foreign workers have gone. No wonder the NHS is in crisis, people are on strike and crops are left unpicked. Exactly as predicted by those who were concerned about leaving Europe and having a government out of any control. Ironically the EEC is suffering from our absence as much as we are. The USA don't seem to be the allies they once were and we look increasing like a little island drifting along alone and hit by one wave after another.
They don't have to - their excuses have been handed to them. We'll have two years of 'well our plan would have worked' now.
That’s the media and now the markets you’ve blamed for this **** show. It’s so close and I can’t wait for you to utter the words ‘anti-growth coalition’.
To a certain extent they always have. The international currency and bond markets are so big they even swamp the USA and China, Yes global markets with inflation, shortages and war etc are very spooked atm. What Truss and KK did, was as one commentator remarked, everyones was under the porch sheltering from the storm, the UK stepped out into the open and got hit by lightening. Or as i see it they tries to do a King Canute and found that as with him, nature is bigger. It would be best for the UK if Truss and KK stepped down and let Mordant and Sunak take over...
Markets react to ****e decisions from government. Get a better government and the markets will react positive.
Bollocks. Not more unelected people from the same party that's really screwed everything up. Let the people decide now.
Nope. What they've done is not allowed the plan to fail, which hands an excuse to the tories. When the crash comes, and it's coming globally, they'll be saying they had a different plan.
I don't mind Mordaunt. While she's obviously not a regular person - very few MPs are - she seems to be a lot closer than what we currently have. Sunak I'm not sure about. We'd just be trundling on, slowly hiking taxes for no overall gain. People who've been rich all their lives have no idea about what it's like anywhere else.
As the tories currently have a big majority and are very low in the polls, I would venture to suggest there is a snowball chance in hell of a GE soon.
The Americans are causing the market to crash. Their federal reserve is pushing up rates faster than any other central bank. Obviously, investors are rushing to the American market. They can't possibly sustain this. Japan have announced this morning that the Yen has crashed to a 32 year low against the dollar. Germany has announced that they're heading into recession. You're lucky to get petrol in France and their healthcare has come crashing down. Germany always done better than us when we were in the EU with them. Not anymore they don't. Oh, and look over there.
I agree with you about the characterisation of Sunak. In his plus column his previous employment with Goldman Sacs means he is ideal to smooze the markets. Once the crisis is over dump him ie horses for courses.
Only after the market verdict. If the markets had thought it was great, nothing would have been said.