UK General Election 2024 (or 25)

[Archery1969]

The forthcoming real-terms reduction in government spending looks "set to be bigger than in the 2010s".

That’s dire for the less well off.

A black hole of £45 billion and the markets won’t allow the UK to borrow its way out of trouble without significant cuts to public spending. Well, they will but at seriously high interests rates making the situation worse.

Labour may well be in power for 2 parliaments but unlikely to fix the problems until near the end. And that’s assuming no more unplanned expenditure due to more Covid or any other disasters.

Global interest rates were rising anyway, world recession is looming, UK will be first in and last out.

Going to be allot of suffering and deaths along the way.

[Archery1969]

Energy support to end April 2023.

The funding is not £45 billion but £70 billion. Back austerity part 2.

[Archangel]

Hunt has just reversed practically the entire budget designed by Kwarteng and Truss a mere few weeks ago.

Planning spending cuts and warned of more pain ahead.

[WelshMage]

The UK is in dire trouble. I am 58 and lived through the seventies when things were really bad. This crisis could get even worse.
We are where we are due to consecutive governments, both red and blue, concentrating on short term policies to get re-elected. We have no reserve gas storage. the war in Ukraine is really damaging us, and interest rates are going to rise big time which is tragic for the youth who are going to find it almost impossible to own their own homes.
As long as Putin is allowed to continue, the West is gonna feel the economic pressure. Got to end this war somehow.

[greenmark]

Energy support to end April 2023.

The funding is not £45 billion but £70 billion. Back austerity part 2.

Not end, but a Treasury-led review to decide how to help those most in need from apr 23. Fair enough.
So far he hasn't made a mistake. Truss and Kwarteng had made numerous mistakes by this point.
The markets seem to approve too.

[Vaz0202]

U-turn on energy support scheme. Proposed at two years, modified to April 2023.

Edited: Tories argument originally was “we gone further than labour, they only wanted 6 months..”

[Archangel]

I think what we just witnessed today was a sort of Coup. The leader had been completely sidelined

Does Truss even see out the week ?

[Vaz0202]

1st November - that is the day

[Emmson]

Jeremy Hunt is not just making Liz Truss's breakfast, he is eating it too.

No Way

she can stay in office.

[Vaz0202]

Need a wave of resignations to start kicking in, reality will bite when she realises she can’t furnish the cabinet

[Archangel]

Truss now refusing to come to the Commons to answer urgent questions

Shes sending Penny Mourdant instead

Penny must be delighted she took up that job offer from Truss after the Tory leadership election

[Derek27]

It irritates me when politicians talk about difficult decisions. It wasn't difficult for Kwarteng to slash the top rate of tax. If anything he enjoyed announcing it and said he's going to go much further!

[Vaz0202]

Is there any part of this role that Truss is doing?
No accountability with this woman whatsoever.

Not sure why the deputy PM isn’t filling in

[Derek27]

I just saw Nicola Sturgeon's signer do the wanker's sign when she was talking about the Tory cabinet.

[Derek27]

Is there any part of this role that Truss is doing?
No accountability with this woman whatsoever.

Not sure why the deputy PM isn’t filling in

She's acting in the national interest and staying away.