@JohnHealey_MP Every generation inherits institutions built for a different world. If more people are working yet many still struggle to build economic security, perhaps we're trying to solve today's challenges with yesterday's assumptions. Perhaps the biggest opportunity is to rethink them!!
@MartinSLewis@JohnHealey_MP Consumer issues matter enormously but I sometimes wonder if many of them are symptoms rather than the underlying problem. As the relationship between work and economic security continues to change, perhaps it's time to start asking bigger questions about the social contract
The problem with this claim is it is not true. Almost £700 billion of this debt is owed by the government to itself, and that’s not debt. https://t.co/M4irr3Kb03
George Monbiot:
“If I lived in Scotland🏴��� I would want to get out of this chaotic, dysfunctional, corrupt [UK] union as quickly as I could. The same applies to Wales. The same applies to Northern Ireland”
#VoteSNP2SetScotlandFree
https://t.co/OxOmbUgRgv
The Prime Ministers outrageous & disgusting attack on those claiming benefits should immediately be consigned to the bin for the absolute piece of crap it was
If you agree RT these actual facts widely
I try to be fair, but I do just think it is professionally dubious to write a glowing column about the PM in the Comment pages of the Times without mentioning he’s your best friend and was best man at your wedding.
This is not true. If he used £100bn of QE to pay for emergency energy funding there would be no need for cuts anywhere else. He will be doing them by choice with a sense of deep central banker and Tory glee https://t.co/GBRHBgxopq
Why on earth has the pound just collapsed?
What on earth is happening in UK markets?
Is it all the govt's fault? Or the Bank of England's?
Or something else altogether?
New users start here: https://t.co/EBslsS4Dr9
Kwarteng may have no choice but reverse all his tax cuts before the weekend to stabilise the pound. If that happens I can’t see how he and Truss can survive into next week.
So, now Andrew Bailey wants to join Kwarteng and Truss in playing disaster capitalism. It would be great to have some grown ups who actually care about people in charge of the UK economy, but right now there aren’t any.
NEW:
Credit ratings agency Fitch cuts the outlook on the UK's rating from "stable" to "negative" following the mini Budget. Rating itself remains AA-
Says the change came despite the 45p u-turn. Adds that @KwasiKwarteng's comments abt further tax cuts contributed to the decision
I argue that the BBC, as much as any other body, caused the disaster that has befallen the UK. Almost every day, it breaks its own rules to give dark-money thinktanks a massive platform, without revealing who funds them and on whose behalf they speak.
https://t.co/rruAiF1mGx
CBI director-general Tony Danker when asked if the abolition of the 45p upper rate of income tax would drive growth.
“If you ask me for 30 measures that are going to drive up growth, I wouldn’t put it in the top 30…”
Hard to know what to say to the suggestion I should mirror policies (tax cuts for richest) that have sunk the £, crashed the mortgage market, pushed pensions to the brink, imperilled public services & forced a Bank of England bailout. What planet is the PM living on?
Exc: Whitehall to be told to find efficiency savings as well as refusing to reopen spending review
Chris Philp to write to Secretaries of State within hours
"What efficiency savings are there given levels of inflation??! Amazing bulls***" said a Whitehall source