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The Official Liz Truss no longer PM but still a Clusterfuck thread


Clown Job

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1 hour ago, Billy Jean King said:

So Truss says she categorically will not be cutting public services to try to fund some of her mental mini budget. Starmer surely had to then press her on exactly how they were planning to service the borrowing as there doesn't appear to be any other options open to her with windfall taxation seemingly off the table too.

Going to be extremely difficult to justify any real time benefit cuts after that statement today. Any rise short of inflation should be enough for a semi competent opposition to bury her.

I don't have a quote of what she said, but I was a bit uneasy when she talked about the support for energy bills being public expenditure. That being the case, "public expenditure" levels might well be maintained, but the energy cap costs included in that total would need to be met from other unprotected budgets.  The axe is going to fall somewhere and I don't think it's going to be pretty. 

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8 minutes ago, Clown Job said:
 

Hands up who believes that any Conservative MP would ever vote themselves and their party out of office for the greater good of the country.

Not you, DPB. We already know your answer.

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https://www.theguardian.com/politics/2022/oct/12/liz-truss-pmqs-labour-glee

"No words were needed. Their faces said it all. Penny Mordaunt looked like someone who had just been told her house was about to be repossessed. You reap what you sow. James Cleverly kept his eyes closed for the most part. Wishing he was anywhere but here and hoping he would wake up somewhere else when he opened them. Thérèse Coffey just remained in her usual stupor. She has yet to work out just what she has done to become deputy prime minister. Her and me both.

That was just the cabinet. If anything, the Tory backbenchers – those who had made the effort to turn up – were in an even more pitiful state. Most appeared to be suffering from acute post-traumatic stress disorder. Clutching their heads. Staring vacantly ahead. Talking to themselves."

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12 hours ago, Florentine_Pogen said:

https://www.theguardian.com/politics/2022/oct/12/liz-truss-pmqs-labour-glee

"No words were needed. Their faces said it all. Penny Mordaunt looked like someone who had just been told her house was about to be repossessed.

Have a heart.  Penny Mordaunt is mourning the death of her granny's cousin Angela Lansbury.

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41 minutes ago, Fullerene said:

Have a heart.  Penny Mordaunt is mourning the death of her granny's cousin Angela Lansbury.

I’ve seen an entry from yesterday from Penny’s diary.   “Liz Truss is Muder” she wrote…

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13 hours ago, carpetmonster said:

Even Chuck isn’t pretending to be arsed 

 

https://www.theguardian.com/uk-news/2022/oct/13/king-charles-greets-liz-truss-dear-oh-dear-uk-prime-minister-weekly-audience

"The Scottish National party MP John Nicholson tweeted: “King Charles speaks for us all. ‘You’re back again. Dear, oh dear. Well, anyway ….’ At least he won’t have to endure her for long.”

Edited by Florentine_Pogen
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32 minutes ago, scottsdad said:

Daily Mail Online doing it's bit for the Truss Cause by putting various articles under the banner "Bank of England Chaos".

Yep, the bank is the REAL problem here folks.

Liz Truss may raise corporation tax in further budget U-turn.

Liz Truss is on the cusp of putting up corporation tax as part of a Downing Street plan to back down from the huge package of unfunded tax cuts in her mini-budget, sources claim.

The prime minister has been under intense pressure from jittery Conservative MPs to stage a major economic U-turn to calm the markets in the face of a financial storm.

However, the move would represent a massive climbdown as her promise to cancel Rishi Sunak’s plans to put up corporation tax from 19% to 25% was a central pledge of her leadership campaign.

One government source told the Guardian that No 10 officials were reviewing the mini-budget in order to shore up Truss’s premiership after Kwasi Kwarteng’s disastrous economic growth plan last month.

Another source suggested that the option of raising corporation tax was “on the table” as the prime minister tries to balance the books – although this may be by just one or two per cent.

They indicated that no decision would be announced until the chancellor had returned from Washington, where he is at a meeting of the International Monetary Fund, on Friday. However, there was speculation on Whitehall that the scale of the U-turn could make it impossible for Kwarteng to continue in post.

 

 
Edited by Florentine_Pogen
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