The Chronicles of Rishi

They're going to have to find a way to ease trade with the EU soon. There are no big prospective trade deals coming down the line and it's been 3 years since we were officially out.

[Dave42]

Originally Posted by Sephiroth

That decline can only be down to. Government mismanagement. Truss tipped us over, although it wasn’t going well with Boris either because of his pre-occupation with his survival.

still in denial i see

[denphone]

Originally Posted by Damien

They're going to have to find a way to ease trade with the EU soon. There are no big prospective trade deals coming down the line and it's been 3 years since we were officially out.

A Bloomberg article reckons Brexit Is Costing the UK £100 Billion a Year in Lost Output.

https://www.bloomberg.com/news/artic...nt=bloomberguk

[1andrew1]

Originally Posted by Damien

They're going to have to find a way to ease trade with the EU soon. There are no big prospective trade deals coming down the line and it's been 3 years since we were officially out.

The current government is too under the thumb of the ERG so I can't see Sunak stepping up.

Electoral wipeout can be a powerful motivator and at the moment closer trade ties with the EU seems like a fast way to achieve some growth. You just make sure you don't touch EU legislation - other than adopting similar standards which we already do anyway - and free movement.

The ERG can whine all they like but they'll have to ask themselves what's their alternative since their promised trade deals never materialised and their 'cut taxes to achieve growth' mantra backfired under Truss that the argument won't wash anytime soon.

[1andrew1]

Originally Posted by Sephiroth

That decline can only be down to. Government mismanagement. Truss tipped us over, although it wasn’t going well with Boris either because of his pre-occupation with his survival.

The mismanagement was Johnson's desire for a quick deal at any cost and the subsequent stifling of common sense alignments under pressure from the ERG.

---------- Post added at 11:23 ---------- Previous post was at 11:21 ----------

Originally Posted by Damien

Electoral wipeout can be a powerful motivator and at the moment closer trade ties with the EU seems like a fast way to achieve some growth.

Sunak knows that but convincing the Party to back him is a different matter.

---------- Post added at 11:30 ---------- Previous post was at 11:23 ----------

Originally Posted by Damien

The ERG can whine all they like but they'll have to ask themselves what's their alternative since their promised trade deals never materialised and their 'cut taxes to achieve growth' mantra backfired under Truss that the argument won't wash anytime soon.

Their alternative is more deregulation.

The danger they face is that if they don't accept closer alignment to the EU, the country will get poorer and support for re-joining the EU will grow.

I still think they'll stick to their guns.

[BenMcr]

Originally Posted by Damien

and their 'cut taxes to achieve growth' mantra backfired under Truss that the argument won't wash anytime soon.

Want a bet

https://mailonline.pressreader.com/a...81496460424465

WHY WE HAVE TO CUT TAXES AND GO FOR GROWTH
UK faces worst slowdown among top nations
Daily Mail 31 Jan 2023 By John-Paul Ford Rojas Senior Business Reporter
A GRIM economic forecast will today put ministers under more pressure to cut taxes.

[1andrew1]

Originally Posted by BenMcr

Want a bet

https://mailonline.pressreader.com/a...81496460424465

That's basically Long Johnson rearing its ugly head.

Some in the Conservative Party have another view

“The only way that the Brexit put forward by Boris Johnson was going to work was if there was a complete deregulation of the UK and we moved to a sort of Liz Truss utopia of a Singapore state and that was just never going to happen,” Hands, a former donor to the Conservative party, told BBC Radio 4’s Today programme.

“The British population was never going to accept a state in which the NHS would be demolished, where free education would be severely limited, where regulation with regard to employment would be thrown apart. It was just complete and total absolute lies.”

https://www.theguardian.com/business...-uk-eu-economy

[Sephiroth]

I got this nonsense from Sunak today.

Three years ago today - we got Brexit done.

In the three years since leaving the EU, we’ve made huge strides in harnessing the freedoms unlocked by Brexit to tackle generational challenges.

We've forged a path as an independent nation with confidence by:

1. Taking back control of our borders — ending freedom of movement and replacing it with a points-based immigration system.

2. Introducing a Retained EU Law Bill — ending the special status of EU law, and ensuring that all remaining retained EU Law is either repealed or assimilated into UK domestic law by the end of this year.

3. Striking new trade deals — with over 70 countries around the world.

4. Making tax laws fairer — removing VAT on essential items like tampons and simplifying EU alcohol duty rates.

In my first 100 days as Prime Minister, we've carried on making the most of Brexit opportunities by cutting red tape for businesses, levelling up through our freeports, and designing our own, fairer farming system to protect the British countryside.

He'll be filling a car that he doesn't own up with petrol next and then wondering how to pay for it.

[1andrew1]

Originally Posted by Sephiroth

I got this nonsense from Sunak today.

He'll be filling a car that he doesn't own up with petrol next and then wondering how to pay for it.

I don't think the "Taking back control of our borders" will land well with Party members given the increased immigration via small vessels and the post-Brexit related inability to repatriate them to the EU country they came from.
(But the government did end freedom of movement from/to the EU and did introduce a points-based immigration system.)

Guess whose back: https://news.sky.com/story/low-tax-t...group-12801586

A WhatsApp group once used to support Liz Truss' leadership campaign has begun to see several MPs joining once again, sources have told Sky News.

The former prime minister is said to be on manoeuvres with fellow like-minded MPs ahead of the Budget to lobby the government for tax cuts.

Amazing! How on earth she thinks anyone in the country wants to hear from her on how to manage the economy. Sunak must be losing his mind.

[Mr K]

Originally Posted by Damien

Guess whose back: https://news.sky.com/story/low-tax-t...group-12801586



Amazing! How on earth she thinks anyone in the country wants to hear from her on how to manage the economy. Sunak must be losing his mind.

People want decent public services, a decent health service, and inflation/energy/grocery prices not to be crippling them. Tax cut calls are mostly coming from the super rich .
Still the wrong priority Dizzy Lizzy and her swivel eyed loons...

Originally Posted by Damien

Guess whose back: https://news.sky.com/story/low-tax-t...group-12801586



Amazing! How on earth she thinks anyone in the country wants to hear from her on how to manage the economy. Sunak must be losing his mind.

Ah, the well-known woke liberal left-wing money markets and Hedge Funds…

https://12ft.io/proxy?q=https://www....3-de531e266d68

(Don’t click on the "accept cookies" button in the article)

[denphone]

The only person that brought Liz Truss down was her herself.

Would it not be nice if politicians nowadays owned the conseqences of their decisions rather then taking the cowardly immoral way out and blaming others.

[1andrew1]

This is embarrassing. She has been poorly advised and needs to keep a low profile to stop reminding us of the day she damaged the economy.