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.

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.

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.

In power for two weeks and already letters of no confidence have been submitted. I guess they hope to go for another relaunch.

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.

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.

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 ?"

I think she did an interview with Radio Norfolk. Was she hoping to be interviewed by Alan Partridge?

Somebody in Truss’s advisory team is getting sacked for this ‘local radio’ strategy

What they don’t seem to have factored in is that local radio presenters don’t need to worry about being sanctioned by the PMs press team.
They understand that they’ll get one chance to hold the PMs feet to the fire and they’ve almost all grasped the opportunity with both hands

The thing is, I knew it was coming. Boris Johnson got caught out on look North for the same reason, sheer unjustified arrogance.

Those "small time" local radio presenters certainly took their chance.
Each one was better briefed on their own subject than the PM, who frankly, looked a long way out of her depth.
It also has to be said that the fall out from the "mini budget" has been unprecedented and the utter nonsense that is now coming out, as to why they didn't ask the OBR to provide a report, is just bloody cringeworthy. Some drivel about it not being completed or that it was work in progress, wow.

The result is that interest rates are now going through the roof (relatively speaking) and that, in terms of having effect on consumer spending power, increased mortgage payments will dwarf the energy crisis.

It must be the worst "honeymoon period" in political history, it's like Truss and Kwarteng have both been unfaithful on the first night and that they are trying to find a way to break the news to their relatives. Oh dear.

This shambolic lot are u-turning faster than the disciplinary panel at the sight of a St Helens player.