Oh will you look at that! A government u-turn!

[tenbob]

AIBU to think this government is now totally dead in the water..?

Wonder what all the Truss handmaidens tying themselves in knots to defend the tax cut will say now..?

The fun doesn't stop:

Stefan Boscia: Been told business leaders paid £3k for a ticket to today’s event with Liz Truss and Kwasi Kwarteng, which they have both pulled out of. Unsurprisingly, they’re not happy.

Yeah, right. Bring in cataclysmic changes a fortnight into the job and then play dumb about being a newbie who hasn't got her head around the in-tray yet.

Petition on holding a general election still hanging around if anyone wants to sign and share! - petition.parliament.uk/petitions/619781

Erm OK @BoxcarMilly 😳

I was just saying, I loathe everything they stand for but this is an embarrassing ow even for them. Is that clearer.

And thanks for your concern but I'm not watching the news, I'm on a train.

They and their hedge fund mates have all made their fortunes through sinking the pound. It's job done now so they can start trying to bring some stability back. They underestimated the pleb's understand of what they are doing.

It’s becoming blindingly obvious now why Truss was voted in over Sunak.
The party didn’t want a PM who might do a good job; they just wanted someone who would do their bidding and make them, their family and their friends richer.
Poor deluded Truss doesn’t have the intelligence to realise the extent she is being manipulated.

She will not be taking this party into the GE.
Boris’s sinister ‘I’ll be back’ is starting to appear portentious….

This.

Fail to plan, more speed less haste, and all that basic stuff with a huge helping of ideological arrogance and incompetence thrown in.

*The fundamental problem with this U-turn is that it was ONLY needed because they failed to listen before the decision was made

They bypassed all the usual systems for sanity-checking - the OBR, leaking to the press, party sounding boards

They pressed ahead because of total arrogance that they knew better than everyone*

Blair’s Iraq invasion?

Quite. They will get away with it, by and large. Compared to the US, the implementation of our insider dealing legislation is a bit of a joke.

The Iraq War? That's whatboutery bingo!!

(Though it's perhaps worth remembering that, apart from never actually having a u-turn, the Iraq War enjoyed both Commons and public support for the first few months, making the comparison to this rather redundant.)

So this shambles has just cost us 65 million quid... in any other job the person responsible for this would be sacked immediately surely?

Bring back Boris! And Rishi.

Cheminaufaules · Today 12:30
Bring back Boris! And Rishi“

🤯
Are you unwell?

I am not a Tory but even I can see that Rishi would have been more of a threat to labour and have far less 'the wild west' about him-

It's not just Truss and Kwarteng- you have a cabinet stuffed full of 'libertarians' - people who are zealots and have no experience in the areas they are in - a health Secretary who really has issues, a business Secretary who has little experience in anything apart from being rich and getting others to shufflle rich peoples cash about , a Home Secretary who is simply a nasty piece of work, who never got much beyond being a conveyancing solicitor but try's to imply she's some top legal brain- a chancellor who isn't an economist. Anyone who didn't fit that libertarian ERG mould was simply left out the equation. The public didn't vote for their mandate. I'm quite sure if they had said 'leveliing ups a joke, we believe in tax cuts for the rich and whilst at it will remove legislation that companies with under 500 people have to comply with'. (And we can now, because of Brexit) There would have been utter disbelief!!

Blair’s Iraq invasion?

This is an example of my pet hate - the tribalism that politics seems to encourage.

It's not ok to excuse a current fuck up by quoting a fuck up of 20 years ago. Simiarly, it's quite possible to support a party and still recognise they have fucked up.

The Iraq invasion was the wrong decision.
The 45% tax cancellation was the wrong decision.
I suspect the removal of crucial environmental and emloyment rights is also thw wrong decison.

I cannot change the Iraq war with my next vote. But I can perhaps change the current fuck ups, regardless of what colour rosette I tend to prefer.

Lots of tory mps, including Gove, McVey, Crabb and Dorries hinting they won't support benefits cuts. As ever, it's hard to tell whether they care about it from a moral standpoint or if they think they can take over when she's booted out.

Its one thing cutting unemployment benefit but that wont get them the required savings, so they will have to cut in work benefits and freeze departmental spending which has had an effective cut of 7% due to the rise in inflation from 3% to 10%.

This will be grim for the NHS......

They could of course, make the help for consumers targeted and not universal.

Ah well the next social media froth party is due soon with huge spending cuts on the way.

This. A hundred times this…

She is totally incompetent and has a long history of making major U turns.

Agree, cuts in nhs, education, courts and justice etc coupled with 10% rises in Council Tax are not important and people shouldn't be bothered, go back to Corrie and your wine.

The sheer arrogance from LT and KK makes me so angry. LT looks so pleased with herself when KK was reading out his mini budget

U-turns at times can work well for a government but this isn’t one of them. This is to save LT face not for the better for the population

I am enjoying the slanging match between LT and KK be interesting and I see how that unfolds

You seriously think a petition is going to achieve that?

Oartial Cabinet Office response:

"A change in the leader of the governing party does not trigger a general election – this has been the case under governments of successive political colours.

The Dissolution and Calling of Parliament Act 2022 provides that Parliament is automatically dissolved five years after it first meets (unless it is dissolved sooner), otherwise the timing is a matter of discretion for the incumbent Prime Minister (subject to re-established constitutional conventions)."

Blair’s Iraq invasion?

Not to mention Neville Chamberlain and that bit of paper!

What a U-turn there, eh?!

It is worth pointing out that the Iraq invasion enjoyed enthusiastic support from the Tories in opposition.