Thread 16 Trussterfuck, big dog the aftermath

[DuncinToffee]

Welcome to the growing Anti Growth Coalition

Previous thread
www.mumsnet.com/talk/_chat/4642127-thread-15-big-dog-has-been-rehomed-but-we-still-need-a-poop-scooper

I think yesterday was pivotal. My theory is that a group of pre Johnson era big hitters went into Downing Street late Thursday and told her she was toast. They told her she had to stay or the country would demand an election but she’d do as she was told from now on. Essentially Hunt is PM now and she’ll do exactly as she’s told. Even so I can’t see how they can struggle on for another two years.

“So we are looking for anybody who held the post of Chancellor in the UK government in 2022”

With the ERG seemingly sidelined, who are they?

Gove, Harper, Javid, Halfon, Letwin and a good proportion of the MPs who didn’t have her as first choice - only 50 voted for her in the first round. I reckon it’s a silent coup.

With Hunt being a safer move than Suank or Mordaunt, yes.

This is scary

Crippling mortgage rates are the biggest threat ahead for Liz Truss’s government. They were on their way anyway, but will now be irrevocably linked to the mini-budget which pushed them higher. A must-be, if depressing, thread

twitter.com/PippaCrerar/status/1581209236796674054?t=H8B9ovqd2HvjJNrGLuGVug&s=19

It’s not like LT and her cabinet are making it particularly hard for them

I think you are right.

Hunt is loving this.
He was dropped early on in July and now look, picking up the pieces and seemingly all statesman like. His definitely in charge now

I always like it when a government promises tax rises and spending cuts.

So, from reports of Jeremy Hunt on Sky News and BBC News, he’s saying he agrees with her plans for the economy. What are they now? He certainly seems to have been bought in to do the exact opposite of what her plans were.

And he says that the country wants political stability (united Tory party). No, actually, I think that they want economic stability.

I agree Blossomtoes is on the money.

The Times leading article coyly refers to Hunt as having a "near free hand in shaping the medium term fiscal plan". It suggests there must be further U turns and a cabinet reshuffle to remove Truss supporters.

Even if they do take immediate action we still have to see how the markets react on Monday. ONS will report on inflation on Wednesday. Anything over 10.2 may mean base rates have to go up sharply.

The BoE have spent around £19.3 billion on bonds & gilts in direct response to the fiscal event.

So regardless of the appointment of Hunt the crisis isn't over.

And, of course, we're saddled with Truss's appalling cabinet right now.

Incidentally, I wonder how long Braverman would have lasted as Home Secretary if Truss had been fully in control as PM? They seem to have diametrically opposed ideas on the need for more immigration and not less immigration. Mind you, the way Truss was going, I don't know that they would have seen the problem there.

It would annoy me if Truss just gets to stay on as PM in name only though. She needs to walk away and admit abject failure. Boris Johnson never admitted his failure when leaving office. They need to own it.

Who knows, maybe someone will one day admit the failure of the concept of Brexit. Won't hold my breath.

Ugh, I think I feel even worse about it all today, it's just such a bloody mess. We desperately, desperately need a GE and I just can't see how we're going to get one! We cannot continue like this for 2 bloody years!

The conservatives will hang on to the bitter end
Many still like them and they don't like the LP or Starmer or Raynor.
Outside this forum you'd be surprised at the support they still get !
I think that they will spin it out now and cling on
They know that a GE will be a disaster , so not too many options left now.
Ms truss will be kept away for a while.

This made me laugh- Times is reporting that Braverman may consider running for PM!

I don't think there is any "may" about it.

She declared her candidacy before Johnson had even resigned.

She knows Badenoch is touted as the future of the party.

She spent their conference trying to grab headlines (Rwanda flight obsession) plainly signalling her adherence to ERG & Tufton Street values.

A man on lbc just now was blaming everyone and everything apart from the PM and KK
Oh it's the war, the pandemic, the energy crisis
This is how it'll be spun and people will fall for it.
Braverman will appeal to the right wingers even more now as Home Secretary. Jeremy Hunt the new ' safe pair of hands' to see us through. He'll push through a budget to the OBR that they might see as acceptable and things might settle down. Not if you have a mortgage, but they just blame the back of England for that one.
I can still see them limping on for a while yet

Bank of England

They've restored the whip to Ellwood.
Sensible move given Burns is being investigated and Bournemouth is a blue area. Interesting signal though.

Won't all the e.g. braverman types in the gov be angry about the change to the budget etc, can see drama there

People never really forgave Nick Clegg for the university fees. He also tried to pass the buck too.
I'm hoping they have such long memories when it's GE time.

I don’t. I want people to vote LibDem in huge numbers in the blue wall. Only they can get the Tories out in some seats.

I might have to go Lib dem too
Our MP is a popular conservative and he has a huge majority and an older population too
I can't see him going anywhere.

Everyone needs to vote tactically to get the Tories out.

Use this: tactical.vote/