| Truss U turn imminent apparently 12:54 - Oct 13 with 4257 views | nrb1985 |
Gilts and Sterling rallying strongly
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| Truss U turn imminent apparently on 13:01 - Oct 13 with 2893 views | StokieBlue |
But how can that be?
We were told only yesterday that the issues with sterling and bonds was due to global factors and not the mini budget.
Surely they weren't lying.......
SB |  | | |
| Truss U turn imminent apparently on 13:07 - Oct 13 with 2867 views | nrb1985 |
| Truss U turn imminent apparently on 13:01 - Oct 13 by StokieBlue |
But how can that be?
We were told only yesterday that the issues with sterling and bonds was due to global factors and not the mini budget.
Surely they weren't lying.......
SB |
Perhaps using some crayons and moving around some salt and pepper pots somebody has been able to explain to them how markets work and now they both agree it's not a very good idea? | | | |
| Truss U turn imminent apparently on 13:13 - Oct 13 with 2826 views | chicoazul |
Yep. My chum at Canary Wharf says the same thing |  |
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| Truss U turn imminent apparently on 13:19 - Oct 13 with 2766 views | NthQldITFC |
| Truss U turn imminent apparently on 13:01 - Oct 13 by StokieBlue |
But how can that be?
We were told only yesterday that the issues with sterling and bonds was due to global factors and not the mini budget.
Surely they weren't lying.......
SB |
I'm beginning to think that they are not entirely honest. |  |
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| Truss U turn imminent apparently on 13:21 - Oct 13 with 2737 views | vilanovablue |
If this does happen I'd love to see how they spin this! |  | | |
| Truss U turn imminent apparently on 13:21 - Oct 13 with 2739 views | DanTheMan |
Well this is going to be interesting. |  |
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| Truss U turn imminent apparently on 13:23 - Oct 13 with 2710 views | bungaytractor |
Done so many u turns shes doing donuts in downing street lol | | | |
| Truss U turn imminent apparently on 13:26 - Oct 13 with 2678 views | NthQldITFC |
| Truss U turn imminent apparently on 13:21 - Oct 13 by DanTheMan |
Well this is going to be interesting. |
Rees-Mogg says that's all down to...
https://www.bbc.co.uk/news/entertainment-arts-63241308
(there's no meaning in that, it's just the only piece of good (or non-bad) news that I could find to attribute it to.) | |
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| Truss U turn imminent apparently on 13:29 - Oct 13 with 2649 views | Swansea_Blue |
| Truss U turn imminent apparently on 13:01 - Oct 13 by StokieBlue |
But how can that be?
We were told only yesterday that the issues with sterling and bonds was due to global factors and not the mini budget.
Surely they weren't lying.......
SB |
Quite.
For the love of Paul Mariner, can we please vote these idiot frauds out next time and put some adults in charge. They’re treating all of us with contempt. I’m almost at the point where I don’t care what the policies are, I’d just be happy with a government that isn’t stupid, corrupt and sociopathic. |  |
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| Truss U turn imminent apparently on 13:32 - Oct 13 with 2612 views | GlasgowBlue |
Can't see how Truss survives until the end of the month after this. |  |
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| Truss U turn imminent apparently on 13:34 - Oct 13 with 2587 views | giant_stow |
| Truss U turn imminent apparently on 13:32 - Oct 13 by GlasgowBlue |
Can't see how Truss survives until the end of the month after this. |
There's no justice in them just picking another leader - I know they technically can, but this is bullsh1t. If they had any decency at all, they'd call a GE.
Edit: just came across this:
[Post edited 13 Oct 2022 13:51]
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| Truss U turn imminent apparently on 13:49 - Oct 13 with 2479 views | Guthrum |
| Truss U turn imminent apparently on 13:32 - Oct 13 by GlasgowBlue |
Can't see how Truss survives until the end of the month after this. |
Unless the 1922 Committee changes the rules, they can't theoretically have another vote of no confidence in the party leader until a year has passed.
Can't imagine how Truss would be forced to step down herself without a serious wave of resignations (from the ministers she appointed only a few weeks ago), or a threat of mass MP defections to other parties/going independent.
Either of which would cause a crisis in the constituency parties which, after all, were the ones who opted for Truss. |  |
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| Truss U turn imminent apparently on 13:52 - Oct 13 with 2431 views | giant_stow |
| Truss U turn imminent apparently on 13:49 - Oct 13 by Guthrum |
Unless the 1922 Committee changes the rules, they can't theoretically have another vote of no confidence in the party leader until a year has passed.
Can't imagine how Truss would be forced to step down herself without a serious wave of resignations (from the ministers she appointed only a few weeks ago), or a threat of mass MP defections to other parties/going independent.
Either of which would cause a crisis in the constituency parties which, after all, were the ones who opted for Truss. |
Or she just loses a confidence vote, innit? Maybe not impossible. | |
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| Truss U turn imminent apparently on 13:55 - Oct 13 with 2401 views | SlippinJimmyJuan |
| Truss U turn imminent apparently on 13:21 - Oct 13 by DanTheMan |
Well this is going to be interesting. |
What absolutely farcical times we live in. | |
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| Truss U turn imminent apparently on 13:57 - Oct 13 with 2363 views | StokieBlue |
| Truss U turn imminent apparently on 13:32 - Oct 13 by GlasgowBlue |
Can't see how Truss survives until the end of the month after this. |
But what happens then GB?
Not sure the country is going to stomach another Tory PM voted for by a small membership.
The membership have been shown to have absolutely no judgement and no understanding of the effect of policies.
SB | | | |
| Truss U turn imminent apparently on 14:02 - Oct 13 with 2329 views | homer_123 |
| Truss U turn imminent apparently on 13:01 - Oct 13 by StokieBlue |
But how can that be?
We were told only yesterday that the issues with sterling and bonds was due to global factors and not the mini budget.
Surely they weren't lying.......
SB |
Fed Reserve's fault innit |  |
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| Truss U turn imminent apparently on 14:02 - Oct 13 with 2326 views | homer_123 |
| Truss U turn imminent apparently on 13:21 - Oct 13 by vilanovablue |
If this does happen I'd love to see how they spin this! |
Spin...isn't that how you do a U turn? | |
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| Truss U turn imminent apparently on 14:03 - Oct 13 with 2321 views | homer_123 |
| Truss U turn imminent apparently on 13:57 - Oct 13 by StokieBlue |
But what happens then GB?
Not sure the country is going to stomach another Tory PM voted for by a small membership.
The membership have been shown to have absolutely no judgement and no understanding of the effect of policies.
SB |
#bringbackboris | |
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| Truss U turn imminent apparently on 14:14 - Oct 13 with 2261 views | BlueBadger |
| Truss U turn imminent apparently on 13:57 - Oct 13 by StokieBlue |
But what happens then GB?
Not sure the country is going to stomach another Tory PM voted for by a small membership.
The membership have been shown to have absolutely no judgement and no understanding of the effect of policies.
SB |
Oh they UNDERSTAND the effect of the policies, they just don't care. |  |
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| Truss U turn imminent apparently on 14:49 - Oct 13 with 2123 views | Sarge |
I really hope the first time buyer stamp duty allowance survives as that has saved me an awful lot of money. Due to complete before the end of the year but would probably be imminent if the seller and solicitors weren’t so fcking slow. | | | |
| Truss U turn imminent apparently on 15:00 - Oct 13 with 2060 views | bluelagos |
Kin hell.
Pop out for 2 hours and the govt is now rumoured to be u-turning on it's tax policies, the city has priced in those rumours and Trussenomics are thus consigned to the bin where they belong.
So the question is surely now does Truss dump her discredited Chancellor or do they try and pretend it was "just a matter of timing" or "poor communication" and maintain that the policies were right and remain the ambition? |  |
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| Truss U turn imminent apparently on 15:06 - Oct 13 with 2026 views | HARRY10 |
Keeping corporation tax at 19% (no rise to 25%) will help to boost growth, claims Truss
Why does growth need to be boosted
Because it has sluggish for a decade
A decade in which corporation tax has been cut 6 separate times (see above sentence) | | | |
| Truss U turn imminent apparently on 15:17 - Oct 13 with 1972 views | FoghornGleghorn |
| Truss U turn imminent apparently on 15:00 - Oct 13 by bluelagos |
Kin hell.
Pop out for 2 hours and the govt is now rumoured to be u-turning on it's tax policies, the city has priced in those rumours and Trussenomics are thus consigned to the bin where they belong.
So the question is surely now does Truss dump her discredited Chancellor or do they try and pretend it was "just a matter of timing" or "poor communication" and maintain that the policies were right and remain the ambition? |
VLADIMIR DID IT | | | |
| Truss U turn imminent apparently on 15:18 - Oct 13 with 1961 views | Keno |
when you say "imminent" do you mean like TWTD def info? |  |
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| Truss U turn imminent apparently on 15:22 - Oct 13 with 1945 views | nrb1985 |
| Truss U turn imminent apparently on 15:06 - Oct 13 by HARRY10 |
Keeping corporation tax at 19% (no rise to 25%) will help to boost growth, claims Truss
Why does growth need to be boosted
Because it has sluggish for a decade
A decade in which corporation tax has been cut 6 separate times (see above sentence) |
Looking at the US inflation print today, that will be pouring petrol on an already raging fire.
The very last thing the economy needs now is to be boosted. | | | |
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