Granny Danger Posted October 13, 2022 Share Posted October 13, 2022 45 minutes ago, Florentine_Pogen said: 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. Raising corporation tax after promising to cut it would be delicious. Absolutely succulent. 0 Quote Link to comment Share on other sites More sharing options...
Detournement Posted October 13, 2022 Share Posted October 13, 2022 All the public negativity coming from the Tory camp suggests a General Election before the end of the winter is the plan. 0 Quote Link to comment Share on other sites More sharing options...
DeeTillEhDeh Posted October 13, 2022 Share Posted October 13, 2022 All the public negativity coming from the Tory camp suggests a General Election before the end of the winter is the plan. Where they'd get royally humped. 0 Quote Link to comment Share on other sites More sharing options...
BFTD Posted October 13, 2022 Share Posted October 13, 2022 1 hour 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. You can always rely on the Heil to somehow twist anything to protect their friends. If Lancashire falls into the sea due to fracking, it'll be, "MILLIONS DEAD AS VENGEFUL SEA CONSUMES "GAMBLING CAPITAL OF NORTH"'. 2 Quote Link to comment Share on other sites More sharing options...
Clown Job Posted October 13, 2022 Author Share Posted October 13, 2022 1 Quote Link to comment Share on other sites More sharing options...
Theroadlesstravelled Posted October 13, 2022 Share Posted October 13, 2022 They all voted for her. They love pretending they know what they are voting for. 1 Quote Link to comment Share on other sites More sharing options...
scottsdad Posted October 13, 2022 Share Posted October 13, 2022 13 minutes ago, Clown Job said: I think the current* rules mean that she cannot be challenged for 12 months. *the fuckers might change this rule 0 Quote Link to comment Share on other sites More sharing options...
GiGi Posted October 13, 2022 Share Posted October 13, 2022 5 minutes ago, Theroadlesstravelled said: They all voted for her. They love pretending they know what they are voting for. The MPs largely didn't, though. It's their thick-as-shit wealthy boomer base that landed them with her. 0 Quote Link to comment Share on other sites More sharing options...
williemillersmoustache Posted October 13, 2022 Share Posted October 13, 2022 Not exactly fucking subtle are they? 0 Quote Link to comment Share on other sites More sharing options...
Benjamin_Nevis Posted October 13, 2022 Share Posted October 13, 2022 This is fantastic. that fucking witch is going to be hounded out in double quick time having been utterly humiliated in her short, disastrous tenure as PM. I hope it haunts her until the day she croaks. The Tory c**t. 10 Quote Link to comment Share on other sites More sharing options...
BFTD Posted October 13, 2022 Share Posted October 13, 2022 4 minutes ago, Day of the Lords said: This is fantastic. that fucking witch is going to be hounded out in double quick time having been utterly humiliated in her short, disastrous tenure as PM. I hope it haunts her until the day she croaks. The Tory c**t. To be replaced by a dull, bland, Majoresque candidate to see them safely over the line with a reduced majority in 2024. Aye, sounds grand. Actually, I don't believe that. No matter how the MPs in the marginal seats might feel, there's no way the important people within that party want to be holding the hand grenade when it goes off. They're really, really struggling for credible scapegoats at this point; furriners, benefit cheats, and "the opposition" will only get you so far after fourteen years being able to gradually impose whatever you fancy. 0 Quote Link to comment Share on other sites More sharing options...
btb Posted October 13, 2022 Share Posted October 13, 2022 (edited) 2 hours ago, Day of the Lords said: This is fantastic. that fucking witch is going to be hounded out in double quick time having been utterly humiliated in her short, disastrous tenure as PM. I hope it haunts her until the day she croaks. The Tory c**t. But who will replace her & KK? I saw Sunak/Mordaunt being touted as PM/Chancellor earlier today but would they currently want it - a tanking at the GE would make it hard for them to continue, more likely IMO would be either Gove or Hunt being brought in to carry the can for an expected defeat in exchange for generous helpings from the trough afterwards. On troughing it, I note BJ has skipped the three month waiting period before sticking your nose in but as the rule appears to be merely advisory no punishment is likely. Edited October 13, 2022 by btb 0 Quote Link to comment Share on other sites More sharing options...
Clown Job Posted October 13, 2022 Author Share Posted October 13, 2022 It’s pretty impressive how Brexit has binned 4 PMs in 6 years 0 Quote Link to comment Share on other sites More sharing options...
Clown Job Posted October 13, 2022 Author Share Posted October 13, 2022 2 minutes ago, btb said: But who will replace her & KK? Does the PM & COE have to be MPs? 0 Quote Link to comment Share on other sites More sharing options...
carpetmonster Posted October 13, 2022 Share Posted October 13, 2022 41 minutes ago, Clown Job said: Does the PM & COE have to be MPs? General consensus is yes. Alec Douglas Hume was in the Lords when he became PM but then relinquished his seat and won a hastily convened by-election to take his seat in the Commons three weeks later. I'd imagine they'd just pay the member for Upperclasstwit-On-Sea to piss off and parachute whoever into the same scenario. 0 Quote Link to comment Share on other sites More sharing options...
Mark Connolly Posted October 13, 2022 Share Posted October 13, 2022 53 minutes ago, Clown Job said: Does the PM & COE have to be MPs? Are you thinking of a Baroness Davidson/Baroness Mone dream team? 0 Quote Link to comment Share on other sites More sharing options...
Theroadlesstravelled Posted October 13, 2022 Share Posted October 13, 2022 1 hour ago, Clown Job said: It’s pretty impressive how Brexit has binned 4 PMs in 6 years And each one worst than the last. Next up is Sauron then Suella Braverman. 5 Quote Link to comment Share on other sites More sharing options...
Clown Job Posted October 13, 2022 Author Share Posted October 13, 2022 0 Quote Link to comment Share on other sites More sharing options...
welshbairn Posted October 13, 2022 Share Posted October 13, 2022 Prince Andrew territory....ooft! 0 Quote Link to comment Share on other sites More sharing options...
Granny Danger Posted October 13, 2022 Share Posted October 13, 2022 15 minutes ago, Clown Job said: 0 Quote Link to comment Share on other sites More sharing options...
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