Government hand break turn

Thatcher said this lady not for turning it appears the poundland version is.

 

Both cnuts.

 

Oldest trick in negotiations is put summat in that ya can take out to make it look like ya listening....these two put the Con in Conservative..

 

One radio commentator just said it must be a rare instance of a Chancellor having to put a rabbit back in the hat!.

 

His hedge fund mates won't be too pleased' all that champagne waisted on him. Just how stupid does he think we are? They were backed into a corner they couldn't get out of' brought on by sheer greed and complete contempt shown to the electorate' the only thing they listened to was the opinion poles.

 

Not sure this was that calculated think your giving them far too much credit having said that I think people spend too much looking down when they should be looking up.

 

That money is in the bank he will have tip them the wink about this announcement already bent as a door nail this lot.

 

All this fuss over £2bn. It's almost like it's a total distraction from the real issues.

 

They’ll have cashed out.

Everyone will remember the embarrassing U turn, but no one will remember that the money lost from the economy is gone, the measure by the BoE is spent money we’ll be paying off for decades, with nothing to show for it.

 

If you think it’s about £2bn you’re not looking.

 

Kwarteng and Philp being absolutely roasted on media this morning. And deservedly so!!

 

What's it about? It's not about funding State schools and healthcare is it? The principle that the country needs to balance the books between public spending and taxation revenues was abandoned in March 2020, it's long gone.

 

Of the highest order.

 

Great u-turn while burying news about cuts to public services and the employment of Rees-Mogg's mate (and now Peer) as Trade Minister.

 

Kamikwasi was put under a bus and reversed over by Thick Lizzy yesterday in interviews saying it was all his decision. They were looking at a massive Tory rebellion in the Commons vote so had to do something. Tory press are now peddling the ‘ it’s the sign of a strong leader to admit a mistake ‘ excuse

 

Saw Kay Burley tear Philp a new one this morning,made my week already.

 

Aye! Didn't hear it, but I gather Nick Robinson was doing the same to Kamikwasi at the same time!

 

They'll be delighted. Tanked the currency so they could buy and then reversed it so they can sell.

 

The market reaction was the to lack of a plan behind it. Its like the old towns used for Westerns with an authentic looking front and absolutely nothing behind the facade.

Covid spending was already baked in - not just with the UK but all other major economies - and the markets didn't suddenly decide to spook after 30 months coincidentally at the same time the Chancellor spoke. The lack of OBR Assessment and refusal to announce any other details until November were the problem.