Liz Truss’s time is up

[SpookyFrank]

The broad concensus amongst my almost entirely uniformed social circle is that it's akin to having a troop of Crack-fuelled monkeys move in next door - wanking on the fence, shiting in the street, screaming at planes flying overhead.

Bit like life in a garrison town then.

 

[Lurdan]

FT report half an hour ago that Hunt :

is expected to issue a statement on new tax and spending measures at 11am before making a Commons statement this afternoon.

Hunt agreed the emergency statement with Liz Truss, prime minister, on Sunday, after concluding the government could not afford another battering by the markets this week.

Jeremy Hunt to bring forward tax and spend measures in bid to calm markets - Financial Times (archived)

Treasury press release here:
Chancellor statement on the Medium-Term Fiscal Plan - GOV.UK

 

[cupid_stunt]

Apparently he's making the public statement this morning now, because it's Monday and the commons doesn't start sitting until this afternoon, and it's considered urgent to get it out there ASAP in an attempt to settle the markets.

A statement to the commons is now expected around 3.30pm, which will probably be entertaining.

 

[ruffneck23]

Apparently he's making the public statement this morning now, because it's Monday and the commons doesn't start sitting until this afternoon, and it's considered urgent to get it out there ASAP in an attempt to settle the markets.

A statement to the commons is now expected around 3.30pm, which will probably be entertaining.

 

[Pickman's model]

FT report half an hour ago that Hunt :





Jeremy Hunt to bring forward tax and spend measures in bid to calm markets - Financial Times (archived)

Treasury press release here:
Chancellor statement on the Medium-Term Fiscal Plan - GOV.UK

Monday morning cunt makes statement

Monday afternoon truss ejected for crowning sin, disrespect to her mps?

 

[ruffneck23]

 

[bimble]

Stepping back a bit, anything that goes by the name of 'a medium term fiscal plan' really should be extremely boring and not headline news or urgently rushed through before breakfast & weeks early. But that would be in a normal non-desperate non-basketcase country obvs.

 

[kabbes]

So far, so calm in the markets today. I guess they’re waiting to see what this 11am announcement brings

 

[Supine]

So far, so calm in the markets today. I guess they’re waiting to see what this 11am announcement brings

It’s only been open 25 minutes. They’re probably still making coffee

 

[bimble]

So far, so calm in the markets today. I guess they’re waiting to see what this 11am announcement brings

What is it that they want to see? Taxes up but also specific cuts announced ?

 

[Pickman's model]

What is it that they want to see?

Cuts to services

 

[bimble]

Cuts to services

Ye but if he said, we are cutting schools roads healthcare by half, they’d all run away really fast from any investments that depend on uk being a functioning country. So idk.

 

[Pickman's model]

Ye but if he said, we are cutting schools roads healthcare by half, they’d all run away really fast from any investments that depend on uk being a functioning country.

I don't think so. Because cuts in healthcare mean opportunities for private healthcare, for example.

 

[SpookyFrank]

What is it that they want to see? Taxes up but also specific cuts announced ?

They don't 'want' anything, it's all run by algorithms these days. And those algorithms are deciding public policy.

 

[magneze]

Nothing says calm like an emergency statement announcement with a big red background.

 

[Plumdaff]

I don't think so. Because cuts in healthcare mean opportunities for private healthcare, for example.

To a point. Even private healthcare providers have to get to work, need a minimally (in the case of healthcare, maximally) educated workforce etc.

 

[kabbes]

It’s only been open 25 minutes. They’re probably still making coffee

The first 25 minutes are normally when the biggest jumps occur

 

[bimble]

60 billion is the number that they are saying he is supposed to be announcing he's gonna reduce the country's debt by somehow, and then the heating cost cap that truss announced last month is supposed to be costing 150 billion of extra borrowing, so idk, any appeal she may have had being totally shot already maybe they will change it so that not everybody gets that same price cap? Like if the richest people didnt get the same deal as the people who actually need it, thats it.

 

[magneze]

Windfall tax perhaps.

 

[bimble]

They don't 'want' anything, it's all run by algorithms these days. And those algorithms are deciding public policy.

idk i think its all a lot less rational and more emotional than that. If he did the announcement in a pink glittery suit for instance we'd be fucked, no matter what he actually says, because it's mostly all about feelings.

 

[ruffneck23]

Windfall tax perhaps.

Nah, remember this is Jeremy Hunt we are talking about.

 

[Pickman's model]

To a point. Even private healthcare providers have to get to work, need a minimally (in the case of healthcare, maximally) educated workforce etc.

yeh. there's a great supply of staff departing the nhs. and no one's said that shitty roads are actually preventing people getting to work yet

 

[Pickman's model]

idk i think its all a lot less rational and more emotional than that. If he did the announcement in a pink glittery suit for instance we'd be fucked, no matter what he actually says, because it's mostly all about feelings.

it's mostly about kwasi kwarteng's chums turning a profit

 

[Lurdan]

Telegraph editorial (published last night)

Mail Online top story this morning

To lose one Tory supporting newspaper may be regarded as a misfortune; to lose two looks like carelessness

 

[bimble]

Last month they were like this. Took the photo because even then it looked like a mad front page.

 

[Knotted]

Sky News have said Ben Wallace via Senior Defence sources has said that MPs now need to stop the plotting against Truss

So it appears he does not want the top job

He didn't stand before so I wouldn't imagine he'd want it now. Does anybody really want the top job? You get to be PM for two years managing disasters and mitigating the harm done to the party with little authority and probably take a personal reputational battering in the melee. That's not what they came into politics for.

I think Tories have come up with their solution - Truss + Hunt and minimise their losses. Truss ain't going anywhere IMO.

 

[MickiQ]

Despite the ominshambles, permanent crisis in the party and the rest, if the tories end up with some combination of sunak/cunt or that defence bloke, I'd put Labour's chances of winning next time as little more 55-60% . Kieth is just... nothing, and Labour hasn't really got a narrative or connection with voters. I do think the tories are done for, because their only way forward is another leadership process, which itself should be fatal. But ultimately, sunak/cunt/that other bloke will still be fighting a timid empty suit.

The problem for Labour is all this extra support they now suddenly have, little to none of it is due to any actions on their part but rather that the Tories are making themselves so massively unpopular. It can disappear as soon as it appeared.
And you're right abotu Starmer the man is a complete empty suit. He may turn out to be a great PM for all we know but the man has the charisma of the underwear I stuck in the laundry basket last night.

 

[Petcha]

Apparently he's making the public statement this morning now, because it's Monday and the commons doesn't start sitting until this afternoon, and it's considered urgent to get it out there ASAP in an attempt to settle the markets.

A statement to the commons is now expected around 3.30pm, which will probably be entertaining.

Will Truss be sitting behind him on the front bench when he gets up? With that trademark smirk of hers?

If so, that's gonna be gold. I shall be tuning in.

 

[cupid_stunt]

Will Truss be sitting behind him on the front bench when he gets up? With that trademark smirk of hers?

If so, that's gonna be gold. I shall be tuning in.

I'll be surprised if she puts in an appearance TBH.

 

[Petcha]

What a truly truly bonkers situation where Jeremy fucking Hunt is leading us out of economic doom. I mean. Like the world couldn't get any more nuts.