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When is a budget not a budget Sun Sep 25, 2022 9:42 am  
When is a budget not a budget
Sun Sep 25, 2022 9:42 am  

User avatarDurham Giant wrote:
Durham Giant Member for 16 years
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When it does not want to provide evidence or scrutiny to see what the figures actually mean

Only the top 1% of earners will be. Better off but the country is now saddled with huge debt at high interest rates even worse than if Corbyn had won !

Good analysis here .
https://ifs.org.uk/articles/mini-budget-response


But just a couple of headline figures for those who. Don’t want to look at the wider and more long term impacts.

Petrol and diesel are now 6 pence dearer per litre than. They would have been as the budget led to further devaluation of the pound vs the dollar $

All imports are now dearer things like food and petrol etc . Things that will increase inflation and the. Cost of living crisis.


Odey asset management employs Kwarteng.
Odey bankrolls Brexit.
Brexit destabilises UK.
Kwarteng becomes Chancellor.
Odey bets against GBP.
Kwarteng destabilises GBP.
Odey reaps enormous rewards. With profits surging 145% overnight after Fridays mini budget
Do you see how it works yet? And this is just one example, of many.
When it does not want to provide evidence or scrutiny to see what the figures actually mean

Only the top 1% of earners will be. Better off but the country is now saddled with huge debt at high interest rates even worse than if Corbyn had won !

Good analysis here .
https://ifs.org.uk/articles/mini-budget-response


But just a couple of headline figures for those who. Don’t want to look at the wider and more long term impacts.

Petrol and diesel are now 6 pence dearer per litre than. They would have been as the budget led to further devaluation of the pound vs the dollar $

All imports are now dearer things like food and petrol etc . Things that will increase inflation and the. Cost of living crisis.


Odey asset management employs Kwarteng.
Odey bankrolls Brexit.
Brexit destabilises UK.
Kwarteng becomes Chancellor.
Odey bets against GBP.
Kwarteng destabilises GBP.
Odey reaps enormous rewards. With profits surging 145% overnight after Fridays mini budget
Do you see how it works yet? And this is just one example, of many.
Huddersfield Giants 2013 over achievers

Huddersfield Giants 2014 under achievers ??????????
Re: When is a budget not a budget Mon Sep 26, 2022 9:06 am  
Re: When is a budget not a budget
Mon Sep 26, 2022 9:06 am  

User avatarCraig_David wrote:
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Durham Giant wrote:
When it does not want to provide evidence or scrutiny to see what the figures actually mean

Only the top 1% of earners will be. Better off but the country is now saddled with huge debt at high interest rates even worse than if Corbyn had won !

Good analysis here .
https://ifs.org.uk/articles/mini-budget-response


But just a couple of headline figures for those who. Don’t want to look at the wider and more long term impacts.

Petrol and diesel are now 6 pence dearer per litre than. They would have been as the budget led to further devaluation of the pound vs the dollar $

All imports are now dearer things like food and petrol etc . Things that will increase inflation and the. Cost of living crisis.


Odey asset management employs Kwarteng.
Odey bankrolls Brexit.
Brexit destabilises UK.
Kwarteng becomes Chancellor.
Odey bets against GBP.
Kwarteng destabilises GBP.
Odey reaps enormous rewards. With profits surging 145% overnight after Fridays mini budget
Do you see how it works yet? And this is just one example, of many.


They all as bad and if liebour was in the country would be bankrupt
Durham Giant wrote:
When it does not want to provide evidence or scrutiny to see what the figures actually mean

Only the top 1% of earners will be. Better off but the country is now saddled with huge debt at high interest rates even worse than if Corbyn had won !

Good analysis here .
https://ifs.org.uk/articles/mini-budget-response


But just a couple of headline figures for those who. Don’t want to look at the wider and more long term impacts.

Petrol and diesel are now 6 pence dearer per litre than. They would have been as the budget led to further devaluation of the pound vs the dollar $

All imports are now dearer things like food and petrol etc . Things that will increase inflation and the. Cost of living crisis.


Odey asset management employs Kwarteng.
Odey bankrolls Brexit.
Brexit destabilises UK.
Kwarteng becomes Chancellor.
Odey bets against GBP.
Kwarteng destabilises GBP.
Odey reaps enormous rewards. With profits surging 145% overnight after Fridays mini budget
Do you see how it works yet? And this is just one example, of many.


They all as bad and if liebour was in the country would be bankrupt
Met this girl on Monday, took her for a drink on Tuesday, we were making love on Wednesday, on Thursday, Friday and Saturday. Fax on Sunday.

Thrum Thrum Thrum Hallers!
Re: When is a budget not a budget Mon Sep 26, 2022 9:36 am  
Re: When is a budget not a budget
Mon Sep 26, 2022 9:36 am  
The Ghost of '99 Member for 17 years
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On the one hand it wasn't hard to work out that, once the Tory party was captured by far right extremists they would do this.

On the other even the most pessimistic of us didn't realise they would destroy the UK's fiscal credibility in the space of an hour or so with billions of unfunded tax cuts for the rich and corporations.

The problem now will be that any new government coming in will have to tidy up the absolute disaster that this one will leave behind - a vast deficit, decimated public services and a destroyed export trade. If it wasn't so terrible for all our futures it would be funny.
"Brian McDermott, with a wry smile, nods when asked if he remembers a specific incident which made him realise he was a prick. 'I do', he murmurs."
Re: When is a budget not a budget Tue Sep 27, 2022 9:06 am  
Re: When is a budget not a budget
Tue Sep 27, 2022 9:06 am  

REVENUE wrote:
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Truss is resigned to a thumping at the next General election so has used this mini budget to reward her cronies with huge tax cuts and bonus's for the rich. Even many of her own MP's are opposed to her mini budget.
Re: When is a budget not a budget Tue Sep 27, 2022 1:11 pm  
Re: When is a budget not a budget
Tue Sep 27, 2022 1:11 pm  
Scarlet Pimpernell Member for 9 years
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In power for two weeks and already letters of no confidence have been submitted. I guess they hope to go for another relaunch.
Re: When is a budget not a budget Tue Sep 27, 2022 2:42 pm  
Re: When is a budget not a budget
Tue Sep 27, 2022 2:42 pm  

User avatarwrencat1873 wrote:
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Truss is doing a fantastic job !
The Mail and Express still believe in her and so do I (oops)

Seriously, has there EVER been a worse start to any PM's reign.

Btw, has anyone seen her this week, she seems to have disappeared and hasn't been seen for a few days.
Re: When is a budget not a budget Tue Sep 27, 2022 10:54 pm  
Re: When is a budget not a budget
Tue Sep 27, 2022 10:54 pm  

User avatarHopie wrote:
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They are poisoning the well, when they lose power no government will be able to fix what they have done in one term, and with the media and money still on their side they will only be out for the minimum period.
“You are playing a game of football this afternoon but more than that you are playing for England, and more even than that, you are playing for right versus wrong. You will win because you have to win. Don’t forget that message from home. England expects every one of you to do his duty.”
Re: When is a budget not a budget Wed Sep 28, 2022 5:51 pm  
Re: When is a budget not a budget
Wed Sep 28, 2022 5:51 pm  
Scarlet Pimpernell Member for 9 years
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All the evidence points to the fiscal statement Friday for the many problems we now face. The government don’t it’s nothing to do with them, it is due to remainers, and fear of a Labour government for example. The fact it started right after his speech was purely coincidental apparently.
What is their answer stop the removal of the 5% tax reduction for the highest earners, no they want to reduce public spending and look to freeze pay.
Re: When is a budget not a budget Thu Sep 29, 2022 10:14 am  
Re: When is a budget not a budget
Thu Sep 29, 2022 10:14 am  

User avatarwrencat1873 wrote:
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Scarlet Pimpernell wrote:
All the evidence points to the fiscal statement Friday for the many problems we now face. The government don’t it’s nothing to do with them, it is due to remainers, and fear of a Labour government for example. The fact it started right after his speech was purely coincidental apparently.
What is their answer stop the removal of the 5% tax reduction for the highest earners, no they want to reduce public spending and look to freeze pay.


It seems they are determined to press ahead with the tax reductions for the wealthiest 5% in the country, which, according to those well qualified financial folk, can only be done if public spending is massively reduced.
Austerity 2 coming soon to a town or city near you and certainly nothing close to an inflation matching pay rise for public sector workers.
We also have a position where, due to huge increases in interest rates (with more to come) many people with a mortgage will be paying much, much more, which will completely negate any help given with the "energy crisis" cap.
Much of this is as a direct result of the "mini budget" and our new leader has poured oil on the fire with a series of car crash interviews, with local radio stations, this morning.
There has been some absolute quality questioning from the local stations by broadcasters who were somewhat better prepared than our new PM.

The Radio Leeds presenter, after a brief introduction, asked, "where have you been ?"
Re: When is a budget not a budget Thu Sep 29, 2022 1:43 pm  
Re: When is a budget not a budget
Thu Sep 29, 2022 1:43 pm  
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I think she did an interview with Radio Norfolk. Was she hoping to be interviewed by Alan Partridge?
"Back home we got a taxidermy man. He gonna have a heart attack when he see what I brung him."
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