Liz Truss Resigns [Who'll be the next Prime Minister?] - Page 75

1andrew1 · 16-10-2022, 23:57

Quote:

Originally Posted by Mad Max

The Tories must be regretting getting rid of Boris.

Not so much regretting getting rid of Johnson, more in appointing Truss instead of Sunak.

**Damien** · 17-10-2022, 07:15

More emergency u-turns today: https://www.bbc.co.uk/news/business-63281005

Comes before markets open so they must be concerned still

jfman · 17-10-2022, 07:17

What odds does she make it until the markets close (in Europe) on Friday?

**Damien** · 17-10-2022, 08:21

Looks like it's worked for now: https://twitter.com/EdConwaySky/stat...06435344314369

jfman · 17-10-2022, 08:48

Considering her very few then supporters claimed the markets were reacting to other factors than the mini budget it’d have been funny (if she had any left) them clamouring to give her credit for a marginal improvement in a dire situation.

**Damien** · 17-10-2022, 11:14

1% tax cut gone, dividend tax cut gone, energy price cap will stop in April.

1andrew1 · 17-10-2022, 11:43

Energy support scheme being cut back to save £bns - price guarantee for households to only remain universal until April 2023. After that it will face some sort of means test. Ironically, Truss was only criticising Starmer in PMQs on Wednesday for advocating a six-month energy support scheme.

I think this may be the least popular measure announced today though, depending on how underlying energy prices work out.

jfman · 17-10-2022, 12:03

Quote:

Originally Posted by 1andrew1

Energy support scheme being cut back to save £bns - price guarantee for households to only remain universal until April 2023. After that it will face some sort of means test. Ironically, Truss was only criticising Starmer in PMQs on Wednesday for advocating a six-month energy support scheme.

I think this may be the least popular measure announced today though, depending on how underlying energy prices work out.

That could prove disastrous. By means testing it the same families likely to not be covered will be those getting hammered by rising mortgage rates.

Dave42 · 17-10-2022, 12:10

Quote:

Originally Posted by Damien

1% tax cut gone, dividend tax cut gone, energy price cap will stop in April.

we really need a general election now

**Mick** · 17-10-2022, 12:22

Quote:

Originally Posted by Damien

1% tax cut gone, dividend tax cut gone, energy price cap will stop in April.

NICs, stamp duty cut & the abolition of the bankers' bonus cap has survived the Hunt apocalypse.

Got to protect the 1% haven’t we.

Jaymoss · 17-10-2022, 12:24

I try my hardest not to swear but by golly I fecking swore this morning

mrmistoffelees · 17-10-2022, 12:25

Quote:

Originally Posted by Mick

NICs, stamp duty cut & the abolition of the bankers' bonus cap has survived the Hunt apocalypse.

Got to protect the 1% haven’t we.

Was the reason that these weren't reversed due to their nearness to completion as legislation? think i saw something on the news.

I fail to see how Truss's position is even slightly tenable after this morning?

Dave42 · 17-10-2022, 12:36

Quote:

Originally Posted by Mick

NICs, stamp duty cut & the abolition of the bankers' bonus cap has survived the Hunt apocalypse.

Got to protect the 1% haven’t we.

it really shocking Mick but the far right have control of the tories right now the moderates really need to take back control of them hopefully that is happing now

mrmistoffelees · 17-10-2022, 12:39

Quote:

Originally Posted by Dave42

we really need a general election now

Lots of Tories already thinking they have no chance of winning the next GE

my political immaturity would suggest, call a GE now, let whoever deal with he mess and probably fail then come back in five years to try and get another go

Jaymoss · 17-10-2022, 12:43

It is like they are writing a black comedy where nearly everyone gets fecked