urban.spaceman Posted 2 October 2022 Share Posted 2 October 2022 1 hour ago, Fazzer 7 said: Hardly, I don’t pay income tax 😂 It is a tad embarrassing though, for Truss. It is more of a delay than a u turn, according to the telegraph. I don't care I just want to see her crying on the steps of Downing Street 1 Link to comment Share on other sites More sharing options...
filthyfox Posted 2 October 2022 Share Posted 2 October 2022 1 minute ago, urban.spaceman said: Here we go... Bye bye pound.... again Link to comment Share on other sites More sharing options...
Sly Posted 3 October 2022 Share Posted 3 October 2022 The party members voted her in. I’d be inclined to think, the wider public would have gone with Sunak, given that he comes across as having at least an ounce of common sense in regards to financial control. Also…. Chancellor expected to back down on 45p tax rate https://www.bbc.co.uk/news/uk-63114279 Link to comment Share on other sites More sharing options...
Innovindil Posted 3 October 2022 Share Posted 3 October 2022 24 minutes ago, Sly said: The party members voted her in. I’d be inclined to think, the wider public would have gone with Sunak, given that he comes across as having at least an ounce of common sense in regards to financial control. Also…. Chancellor expected to back down on 45p tax rate https://www.bbc.co.uk/news/uk-63114279 Wow. The fact that they reckon this wouldn't pass a commons vote when tories have the biggest majority in ages says volumes on just how shit an idea this was. Link to comment Share on other sites More sharing options...
st albans fox Posted 3 October 2022 Share Posted 3 October 2022 7 hours ago, filthyfox said: Bye bye pound.... again I would think that the usual knock the pound would get with political uncertainty would be more than outweighed by the expectation of a different administration with an ounce of fiscal understanding as opposed to nowt! Link to comment Share on other sites More sharing options...
st albans fox Posted 3 October 2022 Share Posted 3 October 2022 Just now, Innovindil said: Wow. The fact that they reckon this wouldn't pass a commons vote when tories have the biggest majority in ages says volumes on just how shit an idea this was. the telegraph reported that they were simply going to delay voting on this 5p cut until late November. Now it seems they are going to pull it completely. I suggest waiting to see exactly what is announced before commenting further. 1 Link to comment Share on other sites More sharing options...
StanSP Posted 3 October 2022 Share Posted 3 October 2022 9 hours ago, st albans fox said: She only said this morning that she isn’t for turning She's becoming renowned for it in her political career. Link to comment Share on other sites More sharing options...
StanSP Posted 3 October 2022 Share Posted 3 October 2022 1 Link to comment Share on other sites More sharing options...
StanSP Posted 3 October 2022 Share Posted 3 October 2022 What I want to know is what did they think the tax rate cute would be like? Did they initially think it's some grand idea? Could they not have foreseen the response? Link to comment Share on other sites More sharing options...
st albans fox Posted 3 October 2022 Share Posted 3 October 2022 (edited) I don’t believe that the telegraph were misinformed yesterday evening either they were flying a kite to see if MP’s would support it based on cuts (which they clearly weren’t) or there is an even bigger lack of common sense in nos 10/11 than we thought. they will surely bring this back at some point though The damage to the admin is done though - and the markets will hardly be impressed - it wasn’t something that was very expensive. It’s the fact that they are prepared to borrow to do it - it shows what they are! Edited 3 October 2022 by st albans fox 1 Link to comment Share on other sites More sharing options...
Popular Post Unabomber Posted 3 October 2022 Popular Post Share Posted 3 October 2022 I’m just glad they get it. I was starting to think they were clueless and didn’t get it. All good now. 6 Link to comment Share on other sites More sharing options...
Zear0 Posted 3 October 2022 Share Posted 3 October 2022 Cost of mortgages to plummet back down and everything back to normal after this change of heart. Right? Link to comment Share on other sites More sharing options...
filthyfox Posted 3 October 2022 Share Posted 3 October 2022 8 minutes ago, Zear0 said: Cost of mortgages to plummet back down and everything back to normal after this change of heart. Right? Fat chance! Thats like waiting for gas and electric to go back down! Link to comment Share on other sites More sharing options...
st albans fox Posted 3 October 2022 Share Posted 3 October 2022 26 minutes ago, Zear0 said: Cost of mortgages to plummet back down and everything back to normal after this change of heart. Right? Nope you’ll find that it’s way harder climbing a hill than falling down it sterling dropped to 1-03 at its lowest it settled at 1-07/1-09 last week Dollar has weakened somewhat and Sterling had gained in line with other currencies to be trading around 1-11/1-12 the bonds and gilts market is what we need to see recover as rates for U.K. debt will drop as a result. confidence in the govt is shattered though - hence the need for them to embrace the OBR every step they now take Link to comment Share on other sites More sharing options...
Nalis Posted 3 October 2022 Share Posted 3 October 2022 Link to comment Share on other sites More sharing options...
Foxdiamond Posted 3 October 2022 Share Posted 3 October 2022 Wow. Pleased the 45p tax cut has been cancelled. Only yesterday Truss was saying she will make the hard choices required. Now ditched under pressure. Is this another example of her shifting principles. Liberal then a right wing Tory, remain then pro brexit. If she was a football fan she would change teams according who was top of the league. Link to comment Share on other sites More sharing options...
weller54 Posted 3 October 2022 Share Posted 3 October 2022 Link to comment Share on other sites More sharing options...
Zear0 Posted 3 October 2022 Share Posted 3 October 2022 The wannabe Iron Lady turns on first policy. 2 Link to comment Share on other sites More sharing options...
Captain... Posted 3 October 2022 Share Posted 3 October 2022 This is up there with one of the biggest political own goals ever. Really setting the stall out as being a bunch of the worst type of Tories, destroy any remaining support amongst the Red Wall and swing voters and still have to then back track on the policy because your own party wouldn't vote for it. Shambles, the only downside is all the focus is on the top rate of tax policy and not the rest of the shit show of a mini budget. 2 Link to comment Share on other sites More sharing options...
Mickyblueeyes Posted 3 October 2022 Share Posted 3 October 2022 Imposter syndrome is real. Working through it in a new job is a real struggle some times. You got to work at it, you deserve that promotion on merit. This advice applies to everyone except Kwasi Kwarteng. Kwasi Kwarteng can **** off. 1 Link to comment Share on other sites More sharing options...
Fazzer 7 Posted 3 October 2022 Share Posted 3 October 2022 Stock markets across Europe are once again down steeply. This rout on the markets isn’t just a UK thing. It’s global, and it’s hurting real bad. Link to comment Share on other sites More sharing options...
StanSP Posted 3 October 2022 Share Posted 3 October 2022 1 minute ago, Fazzer 7 said: Stock markets across Europe are once again down steeply. This rout on the markets isn’t just a UK thing. It’s global, and it’s hurting real bad. Bloody Keir Starmer! 2 Link to comment Share on other sites More sharing options...
weller54 Posted 3 October 2022 Share Posted 3 October 2022 6 minutes ago, Fazzer 7 said: Stock markets across Europe are once again down steeply. This rout on the markets isn’t just a UK thing. It’s global, and it’s hurting real bad. Bloody Wellens! 1 Link to comment Share on other sites More sharing options...
hackneyfox Posted 3 October 2022 Share Posted 3 October 2022 6 minutes ago, Fazzer 7 said: Stock markets across Europe are once again down steeply. This rout on the markets isn’t just a UK thing. It’s global, and it’s hurting real bad. Bloody remainers working in the City of London. Link to comment Share on other sites More sharing options...
skinnydipper Posted 3 October 2022 Share Posted 3 October 2022 Dumb and Dumber 1 1 Link to comment Share on other sites More sharing options...
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