Westminster Politics

Also from the FT. They're going to town on them.

The chancellor also stated that “our plan is to expand the supply side of the economy through tax incentives and reform.” Are the measures outlined in the speech likely to achieve any such transformation? The answer is “no”. Kwarteng proposes, for example, an acceleration in approval of infrastructure projects. Over a long period that should speed growth a little. But it is inconceivable that the unapproved projects of today will be transforming the economy within just a few years.

The chancellor has also reversed tax increases but as Ian Mulheirn of the Tony Blair Institute notes: “It’s hard to see how returning the tax system broadly to where it was in 2021 is now going to stimulate long-term growth.”

If the supply side promises are a fantasy, the fiscal and economic risks are not. The permanent tax cuts amount to close to 2 per cent of gross domestic product. According to Paul Johnson of the Institute for Fiscal Studies, the chancellor announced “the biggest package of tax cuts in 50 years without even a semblance of an effort to make the public finance numbers add up”. To this must be added an emergency energy package set to cost £60bn in just half a year.

Who could seriously regard this huge fiscal loosening as responsible? The Bank of England will be forced to tighten sharply. The government might then pour blame upon it for the results of its own decisions.
 
Absolutely. These parasitic spiv ghouls will stay until the bitter end, we need to drag them out kicking and screaming to answer for their at best negligent incompetence or at worst what is nothing short of treasonous theft from and damage to the nation.

I'm still patiently waiting for the public Covid inquiry. Feel like I'm going to be disappointed
 
Richard Fuller, a Treasury minister, raised eyebrows by arguing that the chancellor’s tax cuts would encourage young people in their 20s earning around £26,000 a year not to go down a “plodding path” in their career but to go into business.

He told LBC said it was about “risk and motivation” and those in their mid 20s should think about being more successful and keeping more of their money, as well as “taking that risk and not doing the plodding normal thing”.

Asked what plodding looks like, he said it was about not “being idle with your cash” and looking for a good return. He said the growth plan was about helping people think about “doing something with your life”.

Fuller said: “Back when I was 25, ironically, it was about the time we had a Conservative government that was looking to cut taxes. What I felt then is that this meant an opportunity for me.

“This meant if it took a risk with the way I wanted to run my career, I didn’t go down the plodding path of just step by step.

That I would have a government that was on my side. It encouraged me to look at things like venture capital and look at ways to grow a business... If you’re 25 and see an opportunity, the government will get out of the way and do what it can to enable you to take up an opportunity.”

---

Don't be a plodder. Don't be idle with your cash. Don't train to be a teacher or a doctor or a social worker or enter a profession. Go into business instead. All businesses succeed and give you a good return.

Richard Fuller knows about taking risks.

Richard Fuller lost his Bedford seat in 2017 to Labour and then was parachuted into a safe Tory seat at the 2019 election. Don't be a plodder. Be like Richard the risk taker.
Wait, the top section of that post is actually something someone said out of their mouth & others heard them?
 
'The government might then pour blame upon it for the results of its own decisions.'

Indeed. They'll claim the modern Bank of England is a Gordon Brown creation and everything is Labour's fault.

Then take it back under government control, removing any independence
 
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Minor point but I'm not sure where the perception the FT is pro Tory comes from. It's pretty much dead centrist, which of course the Tories are not.

Edit - Maybe slightly right. Culture coverage is banging though.
I read most of my stuff from the FT but their bias and leaning is clearly Tory and they've endorsed every Tory up until Johnson. Not sure if they backed even him in 2019. They're very much part of the neoliberal mainstream but they give voice to less aligned voices as well.

Like a typical right wing voter in the UK, they make all the right observations and identify the problems but always prescribe the same medicine. At best they do what a typical Tory does and NOT endorse the Tories.

Just look at who's their political editor - a guy that seemingly joined from Oxbridge (not checked that) as a 'digital editor' and in the span of a few years and a couple of holidays, he was in charge.

Edit: Apparently, Sebastien Payne is not Oxbridgre but a Durham alumni
 
I read most of my stuff from the FT but their bias and leaning is clearly Tory and they've endorsed every Tory up until Johnson. Not sure if they backed even him in 2019. They're very much part of the neoliberal mainstream but they give voice to less aligned voices as well.

Like a typical right wing voter in the UK, they make all the right observations and identify the problems but always prescribe the same medicine. At best they do what a typical Tory does and NOT endorse the Tories.

Just look at who's their political editor - a guy that seemingly joined from Oxbridge (not checked that) as a 'digital editor' and in the span of a few years and a couple of holidays, he was in charge.

Edit: Apparently, Sebastien Payne is not Oxbridgre but a Durham alumni
The FT has been pretty scathing of the government for multiple successive Tory PMs and is easily the least biased paper we have for politics.
The editor is from Beirut and educated overseas, not your classic PPE at Oxford graduate.

As an aside, I only found out Dimbleby was in the Bullingdon club in his Telegraph interview yesterday.
 
This budget will damage the country for years to come. It’s like the Tories know they won’t be elected in the next election and trying to steal as much money out of the system for themselves before it happens.

Why have they given the already rich a 5% tax cut? Why have banker bonuses been uncapped? Why are they trying to prop up the housing market again with a stamp duty deduction? These policies are absolutely crazy. I knew Truss was going to be disaster. She’s not been in the office a few weeks and shown how clueless she is. I wish the people of this country would riot at this stage.

Anyone earning below £50k a year is getting shafted with spiralling costs and all our government does is help the very rich as priority. It’s a complete con.
 
How long before a vote of no confidence is tabled then? What gets me is how distant all this shite is from the manifesto they were elected on. They've gone completely off-piste and people are rightly pissed off.

There should be more consequences for not meeting manifesto promises. This has always been an issue with me. How can you be elected on promises that you can then reverse when you’re in power?
 
The Tories are so clueless about policies and reactive that I wouldn't be surprised if they see the market reaction and roll back a couple of the policies on Monday.
I fear Truss is not only deluded in her economic beliefs and a puppet of the ERG, she is also very stubborn. A contrast to Johnson.
 


Say what you want about the likes of James O’Brien, but he (as an example) has been battling against these malignant lobby groups for years.

The likes of the Institute for Economic Affairs that are essentially shell PACs for Conservative interests and should be branded what they really are, rather than being given continued air-time on the likes of the BBC.
 
well you have been called hopeless before today, that's true.

True, I give up hope on Labour years ago, it cares more about being part of the international socialist brethren than it does about taking charge in the UK. It lost Scotland, then the red wall voters, now up against a hard faced 'me first' Government who is going to milk the country, it can do nothing, except keep on moaning about how the Tories stole its ideas on a windfall tax on energy... I am sure that' all those who are about to suffer devastating changes in their lives over the next few years, will salute them...!!

Oh, wait... just heard about Angela Rayner's call for an overhaul of procurement, no details yet, but it is sounding more hopeful... go get them Angela, but don't just 'kick their shins', but tell us how Labour will reform the process, will ensure those who mess up, (including civil servants) get the boot, how Labour will do it better and what benefits that will have for their people... a 'silver lining'...maybe?
 
Feels like the last gasp attempt to siphon more money to vested interests before they are turfed out into the political wilderness for a decade.
  • Massive energy company profits - who do they all take money from / used to work for / will go to work for?
  • Make sure anyone earning over £150k per annum gets a tax break to the tune of £10k-£20k per annum
  • Uncapping banker's bonuses for their mates and former colleagues in the city.
It's obvious, transparent, and disgusting. They know a monster recession is coming which they hope they can hide by bumping GDP and letting the city perform well, hiding the massive reduction in national living standards by pointing at some arbitrary numbers that show "the country is booming" while services, and standards all dip and people die.

That's not hyperbole, people will continue to die in record numbers in this country due to these soulless corrupt ghouls. I truly hope they all catch horrible illnesses and have to suffer the indignity of those in A&E hallways. feck them all.

Example, I got a text from my GP two days ago telling me there was a message at reception, spent 90 minutes, yes 90 mins, waiting to get through. I get through and they tell me the message is to book an appointment with reception. Ask the receptionist if I can book an appointment - "erm, no appointments until 17th October...."

Luckily I am only waiting for guidance on some meds, so I go into the surgery the next day and queue for forty mins to just ask them to prescribe the meds anyway without advice. An old woman behind me collapses in the queue. The woman says she will ask my doctor to call me. The doctor texts me verbatim "I've sent the meds to your usual pharmacy...." on a number I can't reply to. The kicker - I've never been prescribed meds by this surgery so have no clue which pharmacy of the five in my town has them.

The system is broken and they are all laughing at you. Laughing. Kwasi Kwarteng got coked up and went to the Queen's funeral so he can give epic bants in whatsapp groups and all laugh at our expense. You have 20-something MP's under investigation for SA. There is cocaine on every surface in Westminster. They partied while we were locked down. They gave their mates billions of your money for PPE that our nurses couldn't use.

At what point do we drag them out of office by their hair and put them on show trials?

I am so angry.
If I could give you a second like for this post I would
 
If I could give you a second like for this post I would
The anger hasn't subsided, it's even worse.

Especially given Kwasi's previous employer, Crispin Odey's fund is doing *VERY* well betting against the UK currently while his ex-colleague is tanking the economy.

At some point, enough will be enough.
 
Feels like the last gasp attempt to siphon more money to vested interests before they are turfed out into the political wilderness for a decade.
  • Massive energy company profits - who do they all take money from / used to work for / will go to work for?
  • Make sure anyone earning over £150k per annum gets a tax break to the tune of £10k-£20k per annum
  • Uncapping banker's bonuses for their mates and former colleagues in the city.
It's obvious, transparent, and disgusting. They know a monster recession is coming which they hope they can hide by bumping GDP and letting the city perform well, hiding the massive reduction in national living standards by pointing at some arbitrary numbers that show "the country is booming" while services, and standards all dip and people die.

That's not hyperbole, people will continue to die in record numbers in this country due to these soulless corrupt ghouls. I truly hope they all catch horrible illnesses and have to suffer the indignity of those in A&E hallways. feck them all.

Example, I got a text from my GP two days ago telling me there was a message at reception, spent 90 minutes, yes 90 mins, waiting to get through. I get through and they tell me the message is to book an appointment with reception. Ask the receptionist if I can book an appointment - "erm, no appointments until 17th October...."

Luckily I am only waiting for guidance on some meds, so I go into the surgery the next day and queue for forty mins to just ask them to prescribe the meds anyway without advice. An old woman behind me collapses in the queue. The woman says she will ask my doctor to call me. The doctor texts me verbatim "I've sent the meds to your usual pharmacy...." on a number I can't reply to. The kicker - I've never been prescribed meds by this surgery so have no clue which pharmacy of the five in my town has them.

The system is broken and they are all laughing at you. Laughing. Kwasi Kwarteng got coked up and went to the Queen's funeral so he can give epic bants in whatsapp groups and all laugh at our expense. You have 20-something MP's under investigation for SA. There is cocaine on every surface in Westminster. They partied while we were locked down. They gave their mates billions of your money for PPE that our nurses couldn't use.

At what point do we drag them out of office by their hair and put them on show trials?

I am so angry.
Really well said.
 
Feels like the last gasp attempt to siphon more money to vested interests before they are turfed out into the political wilderness for a decade.
  • Massive energy company profits - who do they all take money from / used to work for / will go to work for?
  • Make sure anyone earning over £150k per annum gets a tax break to the tune of £10k-£20k per annum
  • Uncapping banker's bonuses for their mates and former colleagues in the city.
It's obvious, transparent, and disgusting. They know a monster recession is coming which they hope they can hide by bumping GDP and letting the city perform well, hiding the massive reduction in national living standards by pointing at some arbitrary numbers that show "the country is booming" while services, and standards all dip and people die.

That's not hyperbole, people will continue to die in record numbers in this country due to these soulless corrupt ghouls. I truly hope they all catch horrible illnesses and have to suffer the indignity of those in A&E hallways. feck them all.

Example, I got a text from my GP two days ago telling me there was a message at reception, spent 90 minutes, yes 90 mins, waiting to get through. I get through and they tell me the message is to book an appointment with reception. Ask the receptionist if I can book an appointment - "erm, no appointments until 17th October...."

Luckily I am only waiting for guidance on some meds, so I go into the surgery the next day and queue for forty mins to just ask them to prescribe the meds anyway without advice. An old woman behind me collapses in the queue. The woman says she will ask my doctor to call me. The doctor texts me verbatim "I've sent the meds to your usual pharmacy...." on a number I can't reply to. The kicker - I've never been prescribed meds by this surgery so have no clue which pharmacy of the five in my town has them.

The system is broken and they are all laughing at you. Laughing. Kwasi Kwarteng got coked up and went to the Queen's funeral so he can give epic bants in whatsapp groups and all laugh at our expense. You have 20-something MP's under investigation for SA. There is cocaine on every surface in Westminster. They partied while we were locked down. They gave their mates billions of your money for PPE that our nurses couldn't use.

At what point do we drag them out of office by their hair and put them on show trials?

I am so angry.

I've been shouting at the bold point in particular since Brexit. Corrupt politicians should be put on trial and given strict sentencing. How can these wankers survive multiple scandals with just a simple eye roll and a wagging of the finger when they're giving billions of pounds directly to their pals. They're criminals stealing from the public.
 
She does not have a mandate, which could actually be her excuse to call an early election. It would be a huge gamble but it would pre-empt any brewing revolt among her own MPs and give her a chance to ask for 'backing from the nation' before the full shitshow emerges. She'll have to be bloody quick in that case, and I doubt she's got the brains to think it all through, but someone might. Kwateng is a wanker but he's not an idiot.

Have you not seen the footage of him at the Queen's funeral all doped up?
 
Feels like the last gasp attempt to siphon more money to vested interests before they are turfed out into the political wilderness for a decade.
  • Massive energy company profits - who do they all take money from / used to work for / will go to work for?
  • Make sure anyone earning over £150k per annum gets a tax break to the tune of £10k-£20k per annum
  • Uncapping banker's bonuses for their mates and former colleagues in the city.
It's obvious, transparent, and disgusting. They know a monster recession is coming which they hope they can hide by bumping GDP and letting the city perform well, hiding the massive reduction in national living standards by pointing at some arbitrary numbers that show "the country is booming" while services, and standards all dip and people die.

That's not hyperbole, people will continue to die in record numbers in this country due to these soulless corrupt ghouls. I truly hope they all catch horrible illnesses and have to suffer the indignity of those in A&E hallways. feck them all.

Example, I got a text from my GP two days ago telling me there was a message at reception, spent 90 minutes, yes 90 mins, waiting to get through. I get through and they tell me the message is to book an appointment with reception. Ask the receptionist if I can book an appointment - "erm, no appointments until 17th October...."

Luckily I am only waiting for guidance on some meds, so I go into the surgery the next day and queue for forty mins to just ask them to prescribe the meds anyway without advice. An old woman behind me collapses in the queue. The woman says she will ask my doctor to call me. The doctor texts me verbatim "I've sent the meds to your usual pharmacy...." on a number I can't reply to. The kicker - I've never been prescribed meds by this surgery so have no clue which pharmacy of the five in my town has them.

The system is broken and they are all laughing at you. Laughing. Kwasi Kwarteng got coked up and went to the Queen's funeral so he can give epic bants in whatsapp groups and all laugh at our expense. You have 20-something MP's under investigation for SA. There is cocaine on every surface in Westminster. They partied while we were locked down. They gave their mates billions of your money for PPE that our nurses couldn't use.

At what point do we drag them out of office by their hair and put them on show trials?

I am so angry.
Totally agree. It's so obvious even the Tory voters earning less than £150k per year must see it.

Tory plan to get debt from 60% of GDP in 2010 to over 100% of GDP in 2023 is on track. Then after they have siphoned of all the countries money by increasing national debt, with zero assets to show for it, the can leave Labour to be in charge while the country tanks for the next decade.

But hey, "at least it's not Corbyn", some imbeciles in this country.
 
Totally agree. It's so obvious even the Tory voters earning less than £150k per year must see it.

Tory plan to get debt from 60% of GDP in 2010 to over 100% of GDP in 2023 is on track. Then after they have siphoned of all the countries money by increasing national debt, with zero assets to show for it, the can leave Labour to be in charge while the country tanks for the next decade.

But hey, "at least it's not Corbyn", some imbeciles in this country.
It may be an obvious point to add, but people will need a coherent plan and vision from the opposition parties to get them to vote the Tories out. Two years out from an election and what's the alternative?
 
If this weren't my country, it would make for a fascinating social and economic experiment. Basically in two years time, we either have amazing growth, or the entire ultra low tax Tory school of thought is destroyed for a generation.
We've had the same experiment since 2010 mate, we all know it measurably does not work.
 
It may be an obvious point to add, but people will need a coherent plan and vision from the opposition parties to get them to vote the Tories out. Two years out from an election and what's the alternative?
There isn't one. I certainly couldn't bring myself to vote for Starmer. But I think Labour will win the next election by default and over the next decade be blamed for the economic misery caused by 12 years of Tory debt.
 
“This must change. Initiatives on diversity and inclusion should not take precedence over common-sense policing.”

They really are going to go for the mouth breathing anti-woke market at the next election aren't they?

They fecking will, you know they will. What's to blame for you being unable to pay your bills whilst the elite (which the Tories are a part of, ho hum) make even larger wads of cash? The gays and the muslims in that one Tesco Christmas advert.

Grandma died in a hospital corridor? Ariel is now a black girl. Former government ministers are pocketing huge consultancy fees from companies that directly benefitted from policies they implemented when it office? Schools are telling girls they can be boys.

It'll fecking work as well because people are fecking idiots.
 
They really are going to go for the mouth breathing anti-woke market at the next election aren't they?

They fecking will, you know they will. What's to blame for you being unable to pay your bills whilst the elite (which the Tories are a part of, ho hum) make even larger wads of cash? The gays and the muslims in that one Tesco Christmas advert.

Grandma died in a hospital corridor? Ariel is now a black girl. Former government ministers are pocketing huge consultancy fees from companies that directly benefitted from policies they implemented when it office? Schools are telling girls they can be boys.

It'll fecking work as well because people are fecking idiots.

It is up to Labour to do their job and ensure that the campaign doesn't focus on how the trans community and Black Lives Matter are ruining Britain. The danger of Labour being passive and thinking they can win the next election because Truss is useless is that the Tories will define the terms of the campaign.

What do we have instead? Rachel Reeves saying she is uncomfortable with pronouns. That makes sense. Let's have a Shadow Chancellor that doesn't use pronouns in speeches.
 


@Maticmaker you still not voting Labour cause they’re too interested in being in the ‘international socialist brethren’?
 
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