If, as is widely expected, Truss U-turns on the budget, does she become part of the 'anti-growth coalition'? If you want to aid growth Lizzie, rejoin the Single Market.
What are their views on Brexit and immigration? Blue Labour, like Frank Field. Fair enough there is a certain demographic which they represent. Presumably Truss also has to roll back the mini budget, sacking Kwarteng but keeping the policies, even though they are her policies, the stuff she got elected by the Tory faithful for, the stuff she wrote about ten years ago, won’t help anything, will it?
De Piero was Remain. Embury was Leave. We should learn what Truss plans in 30 minutes when she's making an announcement. For me, it's won't do just to sack Kwartang. She's as implicated in the debacle as he is. Of course, if the Tory grandees do dump Truss and Co, they may save a lot of Tory MP's jobs come the GE, but they'll have an angry membership to placate.
The self-destruction of the Tory party is delicious to see, but any enjoyment has to be tempered by the fact that it's also ruining the country. Truss is obviously on the way out but surely the Tories can't be allowed to get away with just appointing another new PM and carrying on as if nothing really happened. A GE must be held now.
Piero changed her mind, has been pro Brexit since before her employment By GB News. Looks like the all powerful gods of the market factored this u turn in well before it was announced. A general election at this time will just make everything more unstable. Regardless of personal opinions about Truss, her fiscal policies and the mini budget, recent events have shown that elected governments do not have the power to set their own tax policies if the markets don’t like what is proposed.
£ down on the day and cost of government borrowing up post ‘announcement’. So it hasn’t worked, in the short term at least. Lot of speculation that they will take another smashing on Monday. Presumably Hunt will be allowed to say ‘we are dropping the 1p cut in income tax and putting the cap back on on bankers’ bonuses’ as well. Only thing left after that is reinstating the rise in NI. The Stamp Duty stuff probably has to stay because everything else has depressed the housing market, dumping that cut will hurt it even more. The have to get to the point where the main cost is supporting the cap on energy prices and they can show how they will pay for it, either in taxes or spending cuts. What a ****ing mess.
What an absolute ****ing shambles. This lot have made themselves totally unelectable. Nobody wants to see their country in such a mess through pure incompetence, regardless of what party they support.
Why would a GE make things more unstable? Three PMs in a few months is instability. We need a government with a mandate from the country. Truss doesn't have one and nor will her replacement.
