Bailey said last night:
“the Bank will not stand in the way of the market pushing up the effective cost of government borrowing as a response to uncertainty over its economic policy.”
OOH!
Wednesday, 12 October 2022
Bailey Throws The Government To The Wolves
Tuesday, 11 October 2022
Starmer Goes on Election Alert
BREAKING: Keir Starmer unveils major restructuring of Labour Party machine including new HQ to help get party on war-footing ahead of next general election and capitalise on Tory woes.
— Pippa Crerar (@PippaCrerar) October 11, 2022
He told staff this morning: “This is not time for complacency or caution”.
He may well be right, given that the Tory Party are doing the job of HMO so well!
Monday, 10 October 2022
Wednesday, 5 October 2022
Truss's Speech Better Than Expected
A much more confident speech than many were expecting. She has drawn clear political lines on EU, immigration, tax and defence and defined her opponents. Whatever we think of content, you can see clearly here why Liz Truss won over Conservative party members.
— Rory Stewart (@RoryStewartUK) October 5, 2022
Monday, 3 October 2022
The Nearly Chancellor
Having consigned his plan to cut the top rate of tax from 45% to 40% to the bin, Kwasi's career as Chancellor will most likely emulate the lifespan (in political terms) of the Mayfly.
Interesting rumour, probably being put about by his allies, is that he opposed the cut initially.
That rather makes things worse for him.
We get it, and we have listened. pic.twitter.com/lOfwHTUo76
— Kwasi Kwarteng (@KwasiKwarteng) October 3, 2022
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