Who can save the nation?

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Actually a number of Tory wanted shut of Cummins.

Of course there was, but the majority recognised he was probably the only person who could make him get out of bed, comb his hair,, get dressed, tuck his shirt in and get Brexit done.
 
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The BofE may achieve something via base rate increases. It might increase the value of the GBP. However it seems the FED are likely to increase theirs even more. If so they can't be too concerned about messing up property prices.

Truss - somewhat dependent on how the hundreds of licences go. We are desperate so likely to be plenty of profits for some in them. Cut corporation tax. The previous one achieved nothing, I think it's currently 19% which is lower than the EU (~22%). The UK took £60b from that just before covid. Compared with ~£200b in income tax and ~£130b in VAT.
 
Of course there was, but the majority recognised he was probably the only person who could make him get out of bed, comb his hair,, get dressed, tuck his shirt in and get Brexit done.

And Johnson failed.
 
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Of course there was, but the majority recognised he was probably the only person who could make him get out of bed, comb his hair,, get dressed, tuck his shirt in and get Brexit done.
If only he could have got Boris to follow through.... dePfeffel still looks like he's been dragged through a hedge backwards, he slouches, he didn't actually finish Brexit either and now says the deal he cut is all wrong so he wants to renogotiate! The Americans have a word for folk like him - Jackass!
 
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Biden will be talking to Truss soon. It seems he has Irish ancestry. According to the news there had already been an oportunity to talk but he avoided it. The USA has rather clear views about the good Friday Agreement and were involved in setting it up.
 
Biden will be talking to Truss soon. It seems he has Irish ancestry. According to the news there had already been an oportunity to talk but he avoided it. The USA has rather clear views about the good Friday Agreement and were involved in setting it up.

She met with Michael Martin yesterday, was due to meet with Biden as well but it was cancelled in favour of a full bi lateral meeting on Wednesday.
 
I look at history.

last 12 years of Tory power = stagnant growth
so we know Truss will deliver stagnant growth.


Economists are saying tax cuts won’t deliver growth.
bigger bank bonuses won’t deliver growth

Growth means inward investment, but lower tax is not going to work: Brexit means UK has a smaller marketplace and UK has a skills shortage.
Truss will do exactly as she's told, won't she?

It will be very interesting to see the actual detail of her 'tax cuts'. Who will be the beneficiaries, how will the cuts be offset etc.?

Growth (I assume you mean increase in GDP, whichever approach you use to measure it) doesn't depend on inward investment as the private sector makes investment decisions based on whether it thinks it can make any money out of those decisions or not.

Ideally you would only want to have as many exports to 'pay for' your imports. Why would you want to exchange your resources for the digital tokens of another country?
 
The BofE may achieve something via base rate increases. It might increase the value of the GBP. However it seems the FED are likely to increase theirs even more. If so they can't be too concerned about messing up property prices.

Truss - somewhat dependent on how the hundreds of licences go. We are desperate so likely to be plenty of profits for some in them. Cut corporation tax. The previous one achieved nothing, I think it's currently 19% which is lower than the EU (~22%). The UK took £60b from that just before covid. Compared with ~£200b in income tax and ~£130b in VAT.
There is zero satisfactory evidence the rate hikes do what BoE thinks they do.

The idea that the UK needs to raise revenue before it can spend is just nonsensical, it's way past time that idea was buried at sea.
 
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Do you sometimes feel the need to say something, then you realise that you've actually got nothing to say? :rolleyes:
 
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