What's new

Liz Truss resigns - New Prime Minister for UK 'within the next week'

Manunited18 said:
Yep. Im actually going to flip flop and give my vote to the liberals. Initially wasnt bothering to vote, then it occured it would automatically go to one of the parties any way.
Click to expand...

Vote for whoever is best placed to oust the Tory. Might be Lib, Lab or Green.
 
Robert said:
Vote for whoever is best placed to oust the Tory. Might be Lib, Lab or Green.
Click to expand...

Next election in Leicester will be very divisive. Tories will look to exploit the tensions and portray Labour as pro Muslim etc..
 
LT is currently providing strong competition to Sir Keir on who can be the most wooden party leader.
 
the Great Khan said:
Next election in Leicester will be very divisive. Tories will look to exploit the tensions and portray Labour as pro Muslim etc..
Click to expand...

Sickening. Just like Goldsmith when he ran for Mayor, turning the Muslims and Hindus against each other.
 
Liz trust announced further 2.3billion billion in aid for Ukraine war, whilst the normal person in the Uk is struggling to make ends meet.
 
<b>Liz Truss admits no US trade deal in 'short to medium term'</b>

Liz Truss has said a new trade deal with the United States is unlikely in the "short to medium term".

The prime minister is in New York for the UN General Assembly, where she will meet US President Joe Biden.

The UK government had previously promised a post-Brexit trade deal with the US by 2022.

Labour said the lack of a trade deal with the US "is costing billions in lost potential trade opportunities and holding back growth".

Speaking ahead of her flight to the US, Ms Truss said: "There aren't currently any negotiations taking place with the US and I don't have an expectation that those are going to start in the short to medium term."

In May, the UK signed a Memorandum of Understanding with the US state of Indiana.

Labour's shadow international trade secretary Nick Thomas Symonds said: "The admission that there is no prospect of a trade deal with the USA is terrible news for the UK economy.

"There is no doubt that the blame for this mess lies at the door of the prime minister, who tarnished the UK's international reputation as foreign and international trade secretary.

"This is an embarrassment for Liz Truss."
Ms Truss said she will use her speech at the UN to try and rally support for Ukraine and ending international energy dependence on Russia.

Ms Truss pledged that her government will match or exceed the £2.3bn support given to Ukraine's "inspirational" troops over the last seven months.

Since Russian President Vladimir Putin's forces invaded the Ukraine on 24 February only the United States has sent more military aid to Ukrainian President Volodymyr Zelensky.

In her speech, Ms Truss will point to the recent success of Ukraine's counter-offensives as examples of what the country can achieve with Western backing.

"Ukraine's victories in recent weeks have been inspirational," Ms Truss said. "Time and time again these brave people have defied the doubters and showed what they can do when given the military, economic and political support they need."

Ms Truss' visit to the US is her first foreign trip as prime minister.

Political activity and government business have been paused until after the Queen's funeral, which Ms Truss attended alongside other politicians, foreign dignitaries and members of the Royal Family.

She is due to meet with world leaders, including Mr Biden and French President Emmanuel Macron.

Ahead of her meeting with Mr Macron, Ms Truss said she wanted to have a constructive relationship with France and there were a number of issues they need to work together on.

She had previously declined to say whether Mr Macron was a "friend or foe" during the Conservative leadership contest.

Supporting Ukraine was a key policy plank of the previous UK government led by Ms Truss's predecessor, Boris Johnson.

On a visit to Ukraine last month, Mr Johnson said the West must endure rising energy bills to help the country drive out Russia.

MPs will return to Parliament on Wednesday, when they can swear a new oath of alliance to King Charles III, if they wish.

Business Secretary Jacob Rees-Mogg is expected to set out government's energy support package for businesses, but this is yet to be confirmed.

The package was part of a plan to limit energy bill rises for businesses and all households for two years, unveiled hours before the Queen's death was announced.

On Thursday, Heath Secretary and Deputy Prime Minister Thérèse Coffey is due to make an announcement about her plan for the NHS this winter.

A mini-budget, described as a "fiscal event" to outline the government's economic plans, will then take place on Friday.

In it, Chancellor Kwasi Kwarteng is expected to deliver tax cuts promised by Ms Truss during her campaign to be Conservative Party leader.

Ms Truss has promised to use the mini Budget to undo a rise in National Insurance and cancel a planned hike in corporation tax.

She has also said she would temporarily scrap green levies on energy bills to bring down prices for consumers.

https://www.bbc.co.uk/news/uk-politics-62959374
 
Liz Truss has been forced into a U-turn after it emerged a key aide was being paid his salary via a lobbying firm while working in Number 10.

Mark Fullbrook was drafted in to serve as the prime minister’s chief of staff but was receiving his salary through his own private company.

Critics said the arrangement was ‘Tory sleaze’ and even some Conservative MPs were reportedly angry at the revelation.

Labour’s deputy leader Angela Rayner said the revelation that Mr Fullbrook is ‘on loan’ from a lobbying firm ‘raises serious questions about the new prime minister’s judgment’.

Downing Street initially dug in and claimed it was ‘not unusual’ for a special adviser to join government ‘on secondment’ and that his salary was paid to a ‘seconding company’.
 
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Is Liz Truss doing well or badly as PM?<br>Well: 15%<br>Badly: 65%<br><br>Is the government managing the economy well or badly?<br>Well: 11%<br>Badly: 76%<br><br>Among 2019 Tory voters, 53% think Truss is doing badly and 63% say the same of the government's economic handling<a href="https://t.co/qjE87FPC0i">https://t.co/qjE87FPC0i</a> <a href="https://t.co/BV7eNZml9G">pic.twitter.com/BV7eNZml9G</a></p>— YouGov (@YouGov) <a href="https://twitter.com/YouGov/status/1575527078102966274?ref_src=twsrc%5Etfw">September 29, 2022</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Our latest VI poll has Labour with a *33pt* lead over the Tories, the highest of any recorded poll since the late 1990s. (Fieldwork 28-29 Sep)<br><br>Con: 21% (-7 from 23-25 Sep)<br>Lab: 54% (+9)<br>Lib Dem: 7% (-2)<br>Green: 6% (-1)<br>Reform UK: 4% (+1)<br>SNP: 5% (+1)<a href="https://t.co/qjE87FPC0i">https://t.co/qjE87FPC0i</a> <a href="https://t.co/ddQLH2tixo">pic.twitter.com/ddQLH2tixo</a></p>— YouGov (@YouGov) <a href="https://twitter.com/YouGov/status/1575524255718166532?ref_src=twsrc%5Etfw">September 29, 2022</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 
Whatever peope think of Boris, he wasn’t nearly as bad as Liz is.

Liz comes across as robotic, a puppet for big corporations and the super elites while offering nothing to your average voter.
And these disastrous economic policies means the Tories are all but doomed in the next election.

With Sunak at the helm they may had a small chance as he wasn’t a buffoon like Boris and wasn’t a deer in headlights like Liz but the Tory members decided they wanted the tax cuts come what may so they have dug their own grave.
 
Liz will be out the door in record time at this rate. Her government is absolutely bombing.
 
Lol people are wanting Boris back no wonder he wanted Liz to be the PM :))

If Labor doesn’t make inroads they absolutely should quit and let LDP take over .
 
90MPH said:
Whatever peope think of Boris, he wasn’t nearly as bad as Liz is.

Liz comes across as robotic, a puppet for big corporations and the super elites while offering nothing to your average voter.
And these disastrous economic policies means the Tories are all but doomed in the next election.
Click to expand...

Truss combines May’s robotic delivery with Bozzer’s arrogance.
 
James said:
Liz will be out the door in record time at this rate. Her government is absolutely bombing.
Click to expand...

Recall the opinion polls during the Tory election. About 7% of the electorate thought she was the best. Tory members ignored that and voted for the white Thatcher cosplay girl instead of the brown guy who might’ve been able to do the job.

Suddenly a sea change in UK politics has happened and the people are accepting the idea of a Starmer Labour government.
 
JaDed said:
Lol people are wanting Boris back no wonder he wanted Liz to be the PM :))

If Labor doesn’t make inroads they absolutely should quit and let LDP take over .
Click to expand...

I don't think he was that unpopular with the public as he was within his own party. The guy was a buffoon, but a lot of Brits probably liked him for the same reasons Americans like Trump. A bit of bluster and bolshy remarks goes a long way with the less intelligent.

His blatant disregard for his own rules and lying just made it too difficult for the Tories to keep backing him without losing all credibility. If he was in charge now we would still be facing the same problems and he would be getting pelters instead of Truss.
 
JaDed said:
Lol people are wanting Boris back no wonder he wanted Liz to be the PM :))

If Labor doesn’t make inroads they absolutely should quit and let LDP take over .
Click to expand...

Boris is more to blame than this bimbo. Ukraine and Russia agreed a peace deal in April, only for the buffoon to fly over to Ukraine, putting a spanner in the works on the orders of Biden or his the person who cares for him.

It doesnt matter who is PM or which party is in government, all senior MPS in the UK are work for the elite now not the people.

Sadly the people of the UK arent intelligent enough politically to ever understand this.

Give it 10 years, the Indian ruppee will be more valuable than the £. :wg
 
Remember readers, Liz Truss was a member of the Liberal Democrat party.

You do not need to know anything else.
 
Cpt. Rishwat said:
I don't think he was that unpopular with the public as he was within his own party. The guy was a buffoon, but a lot of Brits probably liked him for the same reasons Americans like Trump. A bit of bluster and bolshy remarks goes a long way with the less intelligent.

His blatant disregard for his own rules and lying just made it too difficult for the Tories to keep backing him without losing all credibility. If he was in charge now we would still be facing the same problems and he would be getting pelters instead of Truss.
Click to expand...

KingKhanWC said:
Boris is more to blame than this bimbo. Ukraine and Russia agreed a peace deal in April, only for the buffoon to fly over to Ukraine, putting a spanner in the works on the orders of Biden or his the person who cares for him.

It doesnt matter who is PM or which party is in government, all senior MPS in the UK are work for the elite now not the people.

Sadly the people of the UK arent intelligent enough politically to ever understand this.

Give it 10 years, the Indian ruppee will be more valuable than the £. :wg
Click to expand...

While majority governments work for the elite but they are not at war with their central banks and undoing their policies like she has in a month.
 
Prime Minister Liz Truss has admitted there has been "disruption" in the UK economy following the mini-budget.

Writing in The Sun, she said she had "acted decisively" and would keep an "iron grip" on the nation's finances.

The government unveiled £45bn of tax cuts funded by borrowing last week - but did not accompany it with the usual economic assessment of the plans.

That worried investors causing the pound to slump and forcing the Bank of England to step in to reassure markets.

Ms Truss has resisted calls to reverse the cuts or to bring forward publication of the independent fiscal watchdog's economic forecasts and analysis of her tax plans.

The prime minister said she was "committed" to publishing the Office for Budget Responsibility (OBR) forecast on 23 November, the same day the chancellor is due to set out further economic plans, after she met the OBR on Friday.

But some Conservative MPs want to see this sooner to reassure the financial markets after turbulent trading.

The Treasury argues it should wait until additional changes are announced.

Ms Truss wrote in the Sun: "I am going to do things differently. It involves difficult decisions and does involve disruption in the short term."

She reiterated her commitment to "get the economy growing", with plans to stimulate growth expected to include measures in eight areas:

These are business regulation, agriculture, housing and planning, immigration, mobile and broadband, financial services, childcare and energy.

And the PM insisted she would maintain an "iron grip on the national finances".

BBC
 
[MENTION=1842]James[/MENTION],

I think Truss will have to sack Kwarteng. That might buy her some time. I’m hearing that some Tory MPs are threatening to vote with the Opposition to kill the mini budget. In which case Truss’s authority is gone and she’ll have to call for a GE.
 
Tory MPs who vote against budget will lose whip, party chairman says

It has been reported that some unhappy Conservative MPs are prepared to vote with Labour against the mini budget.

Asked by Sky's Sophy Ridge whether this would result in them losing the party whip, Tory chairman Jake Berry said: "Yes."

Mr Berry urged the party to unite behind the PM and her plans, saying she had "a mandate both from colleagues and our membership".

He said: "I'm sure that if we do that, it will lead ultimately to long-term electoral success."
 
Liz Truss has executed a humiliating U-turn by scrapping plans to axe the 45p top rate of tax, after facing a growing revolt from Tory MPs led by former cabinet ministers Michael Gove and Grant Shapps.

After insisting on Sunday that the controversial plan would go ahead, Truss concluded after talks with her senior team that the plan stood no chance of getting through the House of Commons.

On Monday morning Kwasi Kwarteng, her chancellor, confirmed he was abandoning the plan laid out in his “mini” Budget 10 days ago to cut the taxes of Britain’s richest 1 per cent; the 45p rate applies to earnings of more than £150,000. In a statement, he said: “We get it, and we have listened.”

The chancellor added: “It is clear that the abolition of the 45p tax rate has become a distraction from our overriding mission to tackle the challenges facing our country.”

The pound edged higher on Monday, rising 0.3 per cent against the dollar to just under $1.12 in morning trading in Europe.

Sterling hit a record low against the US currency a week ago after Kwarteng announced the debt-funded £45bn package of tax cuts on September 23.

UK government debt gained in price following the announcement, pushing yields lower. The 10-year gilt yield fell 0.07 percentage points to 4.02 per cent, having reached a high of almost 4.6 per cent during last week’s market ructions.

The retreat comes on the day Kwarteng addresses the Conservative conference in Birmingham and will add to Tory concerns that he and Truss have lost a grip on the government and the economy.

Although scrapping the top rate of tax would have cost only between £2bn and £3bn a year, it was seen by some Tory MPs as totemic of a government that appeared to be losing touch with voters.

One cabinet minister close to Truss said: “It’s a very painful decision but we had no choice ultimately. There was no way we were going to get the Budget through.”

Truss and Kwarteng held emergency talks on Sunday in Birmingham, according to government insiders, after facing a growing rebellion from Tory MPs who publicly stated they would vote against the 45p measure.

Another senior minister said: “The politics of this were just awful and I am amazed the idea has lasted as long as it did.”

On Sunday Gove, a former cabinet minister, put himself at the forefront of the Tory mutiny over the tax cut, saying it was wrong at a time when “people are suffering”.

Shapps, former transport secretary, also denounced the plan, saying it would not survive a parliamentary vote.

Another Tory MP representing a working-class seat described as “deranged” the idea of slashing taxes for the rich while planning cuts to benefits and public services.

Kwarteng told BBC Breakfast on Monday that the government had scrapped the measure to focus on delivering its growth plan.

“What was clear talking to lots of people up and down the country, talking to MPs, talking to voters, talking to constituents, was that the 45p rate was becoming a distraction on what was a very strong plan,” he said.

Kwarteng said he had been in parliament for 12 years and it was normal for the government to listen to people and change its mind. He insisted that he had no plans to resign.

“We were talking to a whole range of stakeholders and we felt that the 45p issue . . . was drowning out a strong intervention on energy, tax cuts for people generally.”

Julian Smith, former chief whip, said he welcomed the U-turn. “Kwasi Kwarteng and Liz Truss have listened. Fair taxation is key as the government gets on with its work,” he said.

Having retreated on the 45p tax rate plan, Kwarteng and Truss could now come under pressure to reverse other proposed unfunded tax cuts that have blown a hole in the public finances.

They include a £13bn reduction in national insurance, which gives the biggest benefit to better-off voters, and a £17bn plan to reverse a corporation tax rise — a policy that business leaders have said is not a priority.

Rachel Reeves, shadow chancellor, said the Tories had “destroyed their economic credibility” and damaged trust in the British economy.

“The prime minister has been forced to abandon her unfunded tax cut for the richest 1 per cent — but it comes too late for the families who will pay higher mortgages and higher prices for years to come.”

https://www.ft.com/content/29ebdd94-8c13-48fa-8718-4c86cce902a8
 
Robert said:
[MENTION=1842]James[/MENTION],

I think Truss will have to sack Kwarteng. That might buy her some time. I’m hearing that some Tory MPs are threatening to vote with the Opposition to kill the mini budget. In which case Truss’s authority is gone and she’ll have to call for a GE.
Click to expand...

I can;t remember who the interview was with, but yesterday when she spoke I got the distinct impression she was seperating herself from this and trying to pin the blame on the chancellor.

Unfortunately though - from day 1 it was clear she not only allowed these policies, she supported and even perhaps pushed for them.

I think she needs to resign.

One of the news stations was reporting that Tory MPs are trying to change their rules to fast track a new leader in. It's clear this last week in particular has been a humiliating horror show for them.
 
bones said:
I can;t remember who the interview was with, but yesterday when she spoke I got the distinct impression she was seperating herself from this and trying to pin the blame on the chancellor.

Unfortunately though - from day 1 it was clear she not only allowed these policies, she supported and even perhaps pushed for them.

I think she needs to resign.

One of the news stations was reporting that Tory MPs are trying to change their rules to fast track a new leader in. It's clear this last week in particular has been a humiliating horror show for them.
Click to expand...

How many of these Tory MP’s were on that committee which voted for Truss or supported her?
 
bones said:
I can;t remember who the interview was with, but yesterday when she spoke I got the distinct impression she was seperating herself from this and trying to pin the blame on the chancellor.

Unfortunately though - from day 1 it was clear she not only allowed these policies, she supported and even perhaps pushed for them.

I think she needs to resign.

One of the news stations was reporting that Tory MPs are trying to change their rules to fast track a new leader in. It's clear this last week in particular has been a humiliating horror show for them.
Click to expand...

Of course, Kwarteng is the sacrificial lamb.

The MPs - most of whom have some level of education and intelligence - wanted Sunak, who I think would be a safer hand on the tiller. But the Tory membership thought otherwise.
 
Liz Truss has refused to commit to raising benefits in line with inflation, despite growing pressure from a cabinet minister and senior Tory MPs.

The prime minister said she was "fully committed" to raising pensions, but that "no decision" had been made on the benefit uprate promised by her predecessor Boris Johnson.

"It's very difficult when you are a pensioner to adjust your income in any way," she told Nick Ferrari on LBC.

"People are facing higher prices. Of course, what we're doing on the energy price guarantee will help people with those prices. Now, no decision has been made yet on benefit uprating. That decision will be made in due course."

Asked if she will rule out austerity, she said she has committed to reducing debt as a proportion of national income over the medium term.

"Well, I wouldn't use the term you describe. What I'm talking about is fiscal responsibility," she added.

Chancellor of the Exchequer Kwasi Kwarteng and Prime Minister Liz Truss during the Conservative Party annual conference at the International Convention Centre in Birmingham. Picture date: Sunday October 2, 2022.

Truss insists UK must have 'courage of its convictions' a day after tax U-turn - as govt hopes for calmer conference dayy

Ministers hint at cabinet split

Ms Truss is facing a fresh battle with Conservative MPs over a potential benefits squeeze and cuts to public spending, after already being forced into making a policy U-turn on her tax cuts yesterday.

It is understood that Downing Street is considering increasing Universal Credit using a lower metric, such as the increase in average earnings, instead of inflation.

Penny Mordaunt became the first cabinet minister to openly oppose the idea of not uprating benefits with inflation, telling Times Radio: "I've always supported - whether it's pensions, whether it's our welfare system - keeping pace with inflation. It makes sense to do so. That's what I voted for before."

The House of Commons Leader added: "We want to make sure that people are looked after and that people can pay their bills. We are not about trying to help people with one hand and take away with another."

Ms Mordaunt appears to have taken a different line to Brandon Lewis, the justice secretary - hinting at a cabinet split on the matter.

He refused to give his position when asked about the government's plans to uprate benefits on Sky News, telling Kay Burley: "There is a process around this that the Department for Work and Pensions, Chloe Smith, the secretary of state, works through."

He said announcements will be made "over the autumn", adding: "I'm not going to pre-judge what that will be."

The comments come after a slew of senior Tories called on the PM to row back on cutting public spending in the middle of the cost of living crisis.

On Monday, senior Conservative MP Damian Green told Sky News: "The government should uprate in line with inflation. The previous government said it was going to, so people are expecting this."

Former transport secretary Grant Shapps has also stepped up the pressure. Asked if he would want to see benefits increased in line with inflation, he said: "Of course, every politician would want to see that."

Benefits are usually uprated in line with the consumer price index (CPI) rate of inflation from September, with the rise coming into effect the following April.

The Institute for Fiscal Studies estimates that each percentage point rise in CPI adds £1.6 billion to welfare spending.

The latest row comes as the government dramatically dropped its plans to abolish the 45% tax rate on earnings over £150,000 following widespread criticism, including from Tory MPs.

https://news.sky.com/story/liz-trus...h-inflation-despite-growing-pressure-12711670
 
At the Brum event, she said she is a proud Zionist [MENTION=43583]KingKhanWC[/MENTION]

Not heard a politician admit it openly in a while
 
This Conservative Party conference has been a high speed train crash so far. Political conferences run by the main parties are of course never great, but this has been the worst in years. If Liz Truss manages to avoid the dubious record of becoming Britain’s shortest serving PM then she will have done well at this stage.
 
James said:
This Conservative Party conference has been a high speed train crash so far. Political conferences run by the main parties are of course never great, but this has been the worst in years. If Liz Truss manages to avoid the dubious record of becoming Britain’s shortest serving PM then she will have done well at this stage.
Click to expand...

Indeed.

Trojan LD, Ultra Zionist, Woke, and Thatcher wannabe - a recipe for disaster.

I bet the Tories are missing Boris already.
 
Makes no difference who the leader is. End of the day they are all zionest puppets who prioritise the so called elite.
 
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Greenpeace protesters interrupt Liz Truss' first Conservative Party conference speech as UK prime minister and are removed by security <a href="https://t.co/etmJsRrRwU">https://t.co/etmJsRrRwU</a> <a href="https://t.co/ICY302jpmi">pic.twitter.com/ICY302jpmi</a></p>— BBC Breaking News (@BBCBreaking) <a href="https://twitter.com/BBCBreaking/status/1577607904894615552?ref_src=twsrc%5Etfw">October 5, 2022</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 
shaz619 said:
At the Brum event, she said she is a proud Zionist [MENTION=43583]KingKhanWC[/MENTION]

Not heard a politician admit it openly in a while
Click to expand...

She is tin-eared. Just lost the entire Muslim vote.
 
Robert said:
She is tin-eared. Just lost the entire Muslim vote.
Click to expand...

Right, it would be smarter to anger Israel and USA. No one seems to have a problem with all the trade with Arab countries who themselves have relations with Israel. Most people who are vocal about Zionist regimes or countries that support them tend to live in these countries anyways. I would assume the politicians know where the votes come from.
 
shaz619 said:
At the Brum event, she said she is a proud Zionist [MENTION=43583]KingKhanWC[/MENTION]

Not heard a politician admit it openly in a while
Click to expand...

I think she said she is a 'huge' Zionist which was the only truth has ever uttered out of her little mouth.

She wants to move the British embassy to occupied Jerusalem and then this clown crys over Russia taking over land which is no theirs.

What Brits dont realise is Zionists are now wanting to bring down the West , which they are doing pretty well so far. You wont want to be living in the West by 2030.
 
Last edited by a moderator:
KingKhanWC said:
I think she said she is a 'huge' Zionist which was the only truth has ever uttered out of her little mouth.

She wants to move the British embassy to occupied Jerusalem and then this clown crys over Russia taking over land which is no theirs.

What Brits dont realise is Zionists are now wanting to bring down the West , which they are doing pretty well so far. You wont want to be living in the West by 2030.
Click to expand...

The ”zionists” have the technology, the Arabs have oil, “Hindutva” India and “commie” China have large markets and production capabilities in some sectors.

Moral of the story for the rest who don’t endorse it: suck it up, mind your business and make yourself stronger because whining is only counter- productive.
 
Last edited by a moderator:
Liz Truss vowed to "get Britain through the tempest" and insisted "everyone will benefit" from the result of her economic policies in her keynote party conference speech during which she was heckled by climate activists.

Addressing Conservative members at the event in Birmingham, as she battles to save her premiership, the prime minister acknowledged that "these are stormy days".

"In these tough times, we need to step up," she continued.

"I am determined to get Britain moving, to get us through the tempest and put us on a stronger footing as a nation."

She continued: "Whenever there is change there is disruption. Not everyone will be in favour but everyone will benefit from the result."

Ms Truss was interrupted by two Greenpeace protesters who shouted: "Who voted for this," as they held up a banner.

They were quickly removed by security in the conference hall.

In a tweet after the incident, Greenpeace said activists were there to "denounce the prime minister 'shredding' her party's 2019 manifesto promises".

The group added: "The PM is U-turning on fracking, strong climate action, and world-leading environmental protections. Who voted for this?"

Continuing, Ms Truss told the audience she and Chancellor Kwasi Kwarteng "will keep closely co-ordinating our monetary and fiscal policy" after the government's tax-cutting mini-budget saw the pound slump to a record level.

This is the moment two Greenpeace protesters interrupted Liz Truss's Conservative Party conference speech, with a banner reading
'Chancellor and I are in lockstep'

She promised "an iron grip on the nation's finances" and vowed to break Britain out of a "high-tax, low-growth cycle", adding: "The chancellor and I are in lockstep on this."

Ms Truss said she is "working flat out" to make sure people can get through the economic crisis.

"So let me be clear: we have your back," the PM added.

The Conservative leader said she and Mr Kwarteng U-turned on abolishing the 45p tax rate on top earners because it "became a distraction".

"I get it and I have listened," she told the audience.

The tax cut for the wealthiest 1% was one of a raft announced by Mr Kwarteng in his mini-budget less than two weeks ago that led to market turmoil - with the pound plummeting, mortgage products being withdrawn, and the Bank of England having to step in to rescue pension funds.

On Tuesday, Home Secretary Suella Braverman accused Tory MPs of staging a "coup" against the PM over the 45p tax rate.

Fellow cabinet minister Simon Clarke also publicly disclosed his objection to the reversal of the policy.

'Growth, growth and growth'

Outlining her three priorities for Britain's economy: "growth, growth and growth", Ms Truss said she "will not allow the anti-growth coalition of Labour, the Lib Dems and the SNP to hold us back".

She accused Labour leader Sir Keir Starmer of having "no long-term plan and no vision for Britain".

Hinting at more "disruption", the PM also promised that her government will always be "fiscally responsible".

Ms Truss received applause for saying she is the first prime minister to have gone a comprehensive school.

Gordon Brown went to a state school which was selective but is now comprehensive, John Major went to a grammar school that is now a comprehensive and Theresa May went to a grammar school which became a comprehensive while she was there.

The prime minister walked onto the stage to M People's 'Moving on Up'.

But one member of the 90s dance band was not pleased with the song being used, posting on social media: "I don't want my song being a soundtrack to lies."

Labour also pointed out that Heather Small from M People has attended Labour dinners in the past and that her son is a recently elected Labour councillor.

The first standing ovation came when Ms Truss referenced the war in Ukraine, telling the audience of Tory members: "We will make sure this never happens again."

But the speech, which was just over half an hour long, contained no new policy announcements and made no reference to benefits - which the PM is facing another split within her cabinet over.

On Tuesday, Leader of the House of Commons Penny Mordaunt joined backbench rebels in calling for welfare payments to be raised in line with inflation, which has been at around 10%, rather than earnings at 5%.

'Status quo not an option'

Two additional cabinet ministers have also told Sky News that they believe benefits should be uprated in line with inflation.

It is understood that Chairman of the 1922 Committee of backbench Conservative MPs Sir Graham Brady has warned Ms Truss that any attempt to uprate benefits by average earnings rather than by inflation is unlikely to get through Parliament.

But closing her first conference speech as PM, Ms Truss vowed to "stay the course" amid the infighting within the Conservative Party over her policy agenda.

She urged both Tory members and MPs to "trust me to do what it takes" to push through her "difficult but necessary" pro-growth agenda.

"The status quo is not an option. That is why we can't give in to the voices of decline," she said.

"We can't give in to those who say Britain can't grow faster. We can't give in to those who say we can't do better."

Subscribe to the Beth Rigby Interviews... podcast on Apple Podcasts, Google Podcasts, Spotify, and Spreaker

'Reverse kamikaze budget'

Responding to the speech, Labour's shadow chancellor Rachel Reeves said: "The most important thing the prime minister can do right now to stabilise the economy is to immediately reverse her government's kamikaze budget when Parliament returns next week."

While Liberal Democrat leader Sir Ed Davey described the address as a "disaster for families and the economy".

Ms Truss exited the stage to applause and quickly left the conference venue.

The under-pressure pound fell against the US dollar following her speech.

SKY
 
Local.Dada said:
The ”zionists” have the technology, the Arabs have oil, “Hindutva” India and “commie” China have large markets and production capabilities in some sectors.

Moral of the story for the rest who don’t endorse it: suck it up, mind your business and make yourself stronger because whining is only counter- productive.
Click to expand...

Why do Hindutva supporters feel pain when anyone points out a story in the news related to Zionism?

Nobody care what extremist Hindus hanging around on a Pak forum says, you are mere entertainment for comedy. :sachin
 
<b>Liz Truss's speech ends showcase of dysfunction and division</b>

There was the content of the prime minister's speech. And then the context of its delivery.

And context is everything. This is a party that has been close to ripping itself to shreds in the last few days.

It was a conference that was a showcase of dysfunction and division, from the cabinet down. Indiscipline within government, mutiny beyond it.

Let's explore both in more detail - both what was said publicly and what I was told privately.

Firstly, there was the ruthlessly successful campaign to get a new prime minister to junk her planned tax cut for the highest earners in England, Wales and Northern Ireland.

Spearheaded by prominent former supporters of Liz Truss's leadership rival Rishi Sunak, yes, but with broad support including among people in government.

A crushing, humiliating, authority sapping U-turn that left the prime minister weakened and vulnerable.

Vulnerable to further mutiny, which followed within hours.

Because then came the debate about benefits - whether all such payments should go up in line with wages or the more expensive option of inflation, exposed deeper disagreement, because it exposed indiscipline within government.

The Commons leader, Penny Mordaunt, another rival of Liz Truss over the summer, said she supported a rise in line with prices, even though the government's official position was that it hadn't decided.

So much for cabinet collective responsibility.

A strong prime minister would sack a cabinet minister for such insubordination.

Ms Mordaunt remains in post.

"She should be called in on Monday morning and sacked," one senior party figure who voted for Ms Truss told me.

Their face etched with anguish, they were astonished and depressed by the early weeks of her time in Downing Street.

But another senior figure, a current cabinet minister, disagreed.

Ms Mordaunt is too big a figure to fire when the government is so weak, it could start of a snowballing chain of events that could bring the prime minister down, this minister speculated.

And make no mistake, fears of this government's collapse run to its highest levels.

"People need to calm the [expletive] down!," said another cabinet minister.

The only crutch that gives those at the top reprieve from their gloom is a view that another leadership race would be ridiculous and, for a party languishing so far behind in the opinion polls, an imminent election would amount to a death wish.

But there is a growing fear among some Truss supporters that there is a doom-laden fatalism among too many Conservative MPs, an assumption defeat at the next election is close to inevitable.

"They say it'd be good for us to have a stint in opposition! It drives me mad," one said.

One party veteran said the root of the worries was fundamental and depressing - a concern Ms Truss isn't in control and doesn't know what she is doing and that that is a perception that might stick.

Those around the prime minister are shaken by the turbulence of the last few days and glad this conference is over.

The speech itself was short and had no new policy ideas. A case of once bitten, twice shy, methinks.

But remember too this is a prime minister barely known by the wider electorate, still seeking to introduce herself - and it was this she sought to do in her Birmingham speech.

Character-shaping moments that give her drive, such as being handed an air hostess badge on a plane as a child, when her brothers were given pilot badges, for instance.

And a framing of her central objective, improving economic growth, by attempting to bind her political opponents together as an "anti-growth coalition."

Expect to hear that phrase again.

The problems the government confronts are colossal. Economic growth, or the lack of it, is just one of many.

Gripping them would stretch a united outfit - the Conservatives are a long way from that right now.

https://www.bbc.co.uk/news/uk-politics-63148432
 
Local.Dada said:
Right, it would be smarter to anger Israel and USA. No one seems to have a problem with all the trade with Arab countries who themselves have relations with Israel. Most people who are vocal about Zionist regimes or countries that support them tend to live in these countries anyways. I would assume the politicians know where the votes come from.
Click to expand...

I don’t see that she has to anger anyone. Just leave the Embassy in Tel Aviv and stop trying to be Trump fighting culture wars.

But culture wars are all she has got. Thick Lizzy has been humiliated in just three weeks with her incompetence.
 
Liz Truss has sacked trade minister Conor Burns from her government "with immediate effect" following an allegation of serious misconduct.

The Tory MP for Bournemouth West has also had the whip suspended while the complaint is investigated.

A No 10 spokesman said: "Following a complaint of serious misconduct, the prime minister has asked Conor Burns MP to leave the government with immediate effect.

"The prime minister took direct action on being informed of this allegation and is clear that all ministers should maintain the high standards of behaviour - as the public rightly expects."


A whips office spokesman said: "We have suspended the whip pending investigation into allegations of inappropriate behaviour earlier this week.

"We take all such allegations extremely seriously. The prime minister has been clear that the highest standards in public life must be upheld."

SKY
 
Chaotic administration is this, not as corrupt as the Boris government but seemingly even more incompetent.
 
Truss will be gone by the Spring. Tory MPs are sweating on their jobs.
 
Saj said:
Liz Truss has sacked trade minister Conor Burns from her government "with immediate effect" following an allegation of serious misconduct.

The Tory MP for Bournemouth West has also had the whip suspended while the complaint is investigated.

A No 10 spokesman said: "Following a complaint of serious misconduct, the prime minister has asked Conor Burns MP to leave the government with immediate effect.

"The prime minister took direct action on being informed of this allegation and is clear that all ministers should maintain the high standards of behaviour - as the public rightly expects."

A whips office spokesman said: "We have suspended the whip pending investigation into allegations of inappropriate behaviour earlier this week.

"We take all such allegations extremely seriously. The prime minister has been clear that the highest standards in public life must be upheld."

SKY
Click to expand...

More updates posted:

Conor Burns was sacked as a Conservative minister and suspended as a Tory MP after eyewitnesses saw him touching a young man's thigh at a hotel bar, the BBC has been told.

An eyewitness said they saw him in the early hours of Tuesday in the Hyatt Regency hotel bar in Birmingham with the man during the party's conference.

Mr Burns has denied any wrongdoing.

The BBC has not spoken to, or heard the account, of the individual the ex-minister was seen with.

Downing Street has not commented further on the circumstances surrounding the sacking.

The eyewitness claimed that the minister had his hand on the young man's thigh, and that there were several onlookers.

They added that Mr Burns was told at the time by an onlooker to stop what he was doing, although this is disputed by friends of the Bournemouth West MP.

A second source, with knowledge of the disciplinary process, corroborated this account and confirmed this incident was what led to him being sacked as well as losing his whip.

The BBC understands that a third party — not the man seen with Mr Burns — raised this incident with party whips, who look after discipline among MPs, and that this complaint led to the suspension of his whip and his sacking as international trade minister.

Somebody with knowledge of the disciplinary process told the BBC that concerns were also raised about "inappropriate comments" made by Mr Burns on that night.

Allies of the MP claim he had injured his ribs the weekend before the party conference and was on heavy medication to manage the pain.

They suggested the prescribed medicine made the effect of the alcohol worse.

It is not disputed by the former minister's friends that he had been drinking or that he flirted with the young man who had joined him, who, we understand, was not known to Mr Burns.

The MP was sufficiently drunk that he had to later be taken back to his hotel by a friend.

We understand that Mr Burns is strongly of the view that the flirting was consensual, but the BBC has not yet spoken to the man the former minister was with to hear his account of events.

An ally of the sacked minister told the BBC: "He feels imprisoned without any of the process of the police or a trial."

The ally added that his career had been ruined, as even if he were to be exonerated and the whip was restored, he would have lost his ministerial role.

The prime minister has not spoken to Mr Burns since his sacking.

Another suggested what had happened suggested a "morality police" could now act in judgement on the behaviour of others, irrespective of what those involved made of it.

One source suggested that after a "diabolical conference" and an "atrocious start" to Liz Truss's time as prime minister, she was determined to use this incident as an example of her demonstrating her authority over her party and government.

The source suggested that given former prime minister Boris Johnson had "vacillated" over the case of Christopher Pincher, Ms Truss was determined to be seen as decisive, irrespective of due process.

A Conservative Party source said: "The prime minister has been clear that the highest standards in public life must be maintained."

https://www.bbc.co.uk/news/uk-politics-63187793
 
Robert said:
Truss will be gone by the Spring. Tory MPs are sweating on their jobs.
Click to expand...

Likely. Although I would say that it will be kind of pointless, as nothing can save the Tory Party now.

This isn’t just Liz Truss’s fault — it’s all of them. It has been a long and slow collective rot that they have taken the country on, since the day they replaced Labour really, but to be honest it seems to have accelerated into something really bad since 2017 when Theresa May lost her majority.

The party’s time in office seems to be in terminal decline now. 12 years of the Conservative Party bumbling through the corridors of power seems to be more than enough for the moment.

Labour will be back in 2024, with the wooden but competent Sir Keir Starmer at the helm.
 
James said:
Likely. Although I would say that it will be kind of pointless, as nothing can save the Tory Party now.

This isn’t just Liz Truss’s fault — it’s all of them. It has been a long and slow collective rot that they have taken the country on, since the day they replaced Labour really, but to be honest it seems to have accelerated into something really bad since 2017 when Theresa May lost her majority.

The party’s time in office seems to be in terminal decline now. 12 years of the Conservative Party bumbling through the corridors of power seems to be more than enough for the moment.

Labour will be back in 2024, with the wooden but competent Sir Keir Starmer at the helm.
Click to expand...

I thought Cameron / Clegg was an ok government given the financial mess their inherited. They introduced austerity, but no more severely than Labour would have done in their place.

UK in 2012 was still a confident place, at ease with itself. Remember how great the Olympics were?

You may disagree but I believe the rot set in at the Brexit referendum. That allowed the ideological hard right to take control instead of the broadly centre-right Conservative Party. The hard right followed the Trump playbook with divisive culture war messaging.

When Starmer is PM he should rejoin the Single Market. At a stroke this would fix the NI situation, boost the economy and take the wind out of the Scot Nat sails. Perhaps this would be a good place for UK to stay, rather than rejoin the EU fully. We were never natural Europeans.
 
Four cabinet ministers have urged their colleagues to rally behind Liz Truss or risk election defeat amid infighting in the Tory party.

Home Secretary Suella Braverman, Chancellor of the Duchy of Lancaster Nadhim Zahawi, Commons Leader Penny Mordaunt and Environment Secretary Ranil Jayawardena have all written articles calling on the party to unite around the new prime minister or risk ending up in opposition.

Cabinet ministers are planning to ambush the prime minister in a meeting on Tuesday to demand she rules out raising benefits in line with wages rather than inflation, according to the Sunday Times.

Poll shows Tories would lose all London seats - latest updates

Chancellor Kwasi Kwarteng, a long-time ally of Ms Truss, is reported to have put her chances of survival at "only 40-60" on Monday, though he denied the remarks.

It has also been rumoured former transport secretary Grant Shapps, who backed Ms Truss's rival Rishi Sunak for the Tory leadership, is offering to volunteer as a caretaker prime minister.

One report featured particularly harsh words for Michael Gove, with the former Cabinet minister branded "sadistic" after he helped force the chancellor's humiliating U-turn on tax at the party's annual conference.

'Abrasive' Truss turns off floating voters who backed Tories at last general election, YouGov focus group says

Prime Minister Liz Truss MP has said her attendance at the European Political Community inaugural meeting is about 'working with Europe on rising energy costs' and the issues both the UK and EU face.

Meanwhile, polling by Opinium for the Observer put Ms Truss's personal approval rating at minus 47 and Mr Kwarteng's at minus 51.

Ms Braverman used her piece in The Sun on Sunday to warn against "splits and fallout" in the Tory Party.

"Those working with Labour to undermine our prime minister are putting the Conservatives' chance of victory at the next election in real danger," she wrote.

"So the choice for my colleagues and for us is as party is simple: Back Liz or get Keir Starmer, hand-in-hand with Nicola Sturgeon."

She previously said she was "disappointed" by the mid-conference U-turn on cutting income tax for the highest earners and accused rebels such as Mr Gove of staging a "coup".

But she has also expressed views which risked setting her at odds with government policy in recent days, saying she has "reservations" about relaxing immigration controls as part of any trade deal with India and suggesting the UK should leave the European Convention on Human Rights.

In an article for the Mail on Sunday Mr Zahawi admitted the government did not get the "whole package right" when it came to his plan for growth, acknowledging the climbdown on the 45% rate for earnings over £150,000.

However, he drew a line under the debacle, writing: "Another big decision, done."

"That is the mark of the prime minister's leadership," he said.

"She listened and decided to focus on what matters most: the bulk of our plan to get Britain moving."

He insisted "now is the time" for the Tories to rally behind Ms Truss, warning the alternative - a Labour government "propped up" by the SNP - is "beyond concerning".

"We cannot allow the keys of the Kingdom to be allowed to fall into their hands," he said.

"That is why my fellow Conservatives need to hold our nerve."

Mr Zahawi said the Tories should support their leader and not be "working against her" and cautioned "division will only result in drift, delay and defeat".

Ms Mordaunt also warned against a divide within party ranks, writing in The Sunday Telegraph, she said Ms Truss had "acknowledged mistakes were made" with the mini-budget and "acted" accordingly.

"Anyone can wave to the cameras. Anyone can be all things to all people. That's the easy bit," Ms Mordaunt said.

"You measure leaders when they are in the ring dazzled by the media lights taking punch after punch and taking the hard decisions required.

"All my colleagues have a part to play in delivering for the British people. We need all talents helping our nation now. Division will only play into the hands of those who would take our country in the wrong direction."

Mr Jayawardena issued a similar message in The Sunday Express, saying colleagues must "get behind" Ms Truss and "deliver, deliver, deliver".

"A failure to do so will result in a coalition of chaos - a Labour government, propped up by the SNP and the Lib Dems," he said.

"We need to back Liz Truss - or get Keir Starmer in Nicola Sturgeon's pocket."

SKY
 
The Prime Minister’s approval rating is now lower than Boris Johnson’s was at the height of the ‘Partygate’ scandal, which led to his resignation in July. It is also lower than Theresa May’s was in the weeks before her resignation in 2019, and is the lowest rating for a prime minister ever recorded by the Observer.
 
Technics 1210 said:
The Prime Minister’s approval rating is now lower than Boris Johnson’s was at the height of the ‘Partygate’ scandal, which led to his resignation in July. It is also lower than Theresa May’s was in the weeks before her resignation in 2019, and is the lowest rating for a prime minister ever recorded by the Observer.
Click to expand...

Neither the country nor the Tories can endure another Conservative leadership contest, we'll have to trust the Truss till the next general election. More turmoil will hurt the fragile economy and wipe out the remaining legitimacy in the markets.

I hate the fact that the Tories are going about celebrating Truss and her plans as something the people selected. NO, no one really voted for this. Conservative members got to choose between a posh two-faced banker and a clueless loud-mouth, and they chose the latter. If it was up to the people these idiots would have been out of power long ago!
 
shortbread said:
Neither the country nor the Tories can endure another Conservative leadership contest, we'll have to trust the Truss till the next general election. More turmoil will hurt the fragile economy and wipe out the remaining legitimacy in the markets.

I hate the fact that the Tories are going about celebrating Truss and her plans as something the people selected. NO, no one really voted for this. Conservative members got to choose between a posh two-faced banker and a clueless loud-mouth, and they chose the latter. If it was up to the people these idiots would have been out of power long ago!
Click to expand...

The parties keep throwing up inappropriate leaders - Corbyn, Swinson, Johnson, Truss - for election by their members and the electorate has to lump it.

This is why the Chinese deride democracy. What is the point of it when such bad choices are offered to the people? Democracy gives us things like Brexit and Trump. No wonder much of the world is swinging towards authoritarianism.
 
Technics 1210 said:
The Prime Minister’s approval rating is now lower than Boris Johnson’s was at the height of the ‘Partygate’ scandal, which led to his resignation in July. It is also lower than Theresa May’s was in the weeks before her resignation in 2019, and is the lowest rating for a prime minister ever recorded by the Observer.
Click to expand...

Don't you find that weird considering you believed it was an excellent budget that had been unveiled?

Could you enlighten me as to how you saw this panning out after the excellent budget reveal?

Why are people unhappy?
 
Robert said:
The parties keep throwing up inappropriate leaders - Corbyn, Swinson, Johnson, Truss - for election by their members and the electorate has to lump it.

This is why the Chinese deride democracy. What is the point of it when such bad choices are offered to the people? Democracy gives us things like Brexit and Trump. No wonder much of the world is swinging towards authoritarianism.
Click to expand...

But the CCP is dealing with it's own economic crisis in China, the only difference is unlike Xi in the UK everyone is having a go at Truss publicly. In China one disappears, so remains mum.

But I agree with you, the UK political elite has been an incest of Eaton educated mediocrity! They think and serve in the fish bowl that is the London financial establishment. There's very little intelligence left in the ruling class and we are all to blame, who wants a job in politics nowadays when there's better career choices available elsewhere?! What it results in is nitwits running the country.
 
shortbread said:
But the CCP is dealing with it's own economic crisis in China, the only difference is unlike Xi in the UK everyone is having a go at Truss publicly. In China one disappears, so remains mum.

But I agree with you, the UK political elite has been an incest of Eaton educated mediocrity! They think and serve in the fish bowl that is the London financial establishment. There's very little intelligence left in the ruling class and we are all to blame, who wants a job in politics nowadays when there's better career choices available elsewhere?! What it results in is nitwits running the country.
Click to expand...

As I have said many times.

If they paid county councillors £30K instead of £15K and MPs £200K instead of £85K, then politics would attract more capable people.
 
<b>Liz Truss under pressure from senior Tory MPs to rethink tax cuts</b>

The government may have to rethink its tax-cutting plans to reassure financial markets and stabilise the economy, some senior Conservative MPs have said.
The warnings came ahead of a bruising appearance for the prime minister at a meeting of Tory backbenchers.
One loyal minister told the BBC: "We are completely in a dreadful place. There is no way out - maybe Liz Truss will find a way, but I cannot see it."
Ms Truss has repeatedly defended the proposed tax cuts outlined last month.
The chancellor's mini-budget on 23 September, which included £45bn of tax cuts funded by borrowing, sparked turmoil on financial markets and prompted the Bank of England to intervene to protect pension funds.
Kwasi Kwarteng is due to set out how he will fund the package and reduce debt on 31 October.

Ms Truss has denied she is planning public spending cuts, saying the government would instead focus on reducing debt "by making sure we spend public money well".
However, Mr Stride, a prominent backer of Ms Truss' leadership rival Rishi Sunak, suggested the government would need to show a "clear change of tack" to restore credibility with the financial markets.
"Given the clear government position expressed today on protecting public spending there is an emerging question. Whether any plan that does not now include at least some element of further row back on the tax package can actually satisfy the markets," he said.
Earlier, he told the Commons he believed it was "quite possible" the chancellor would have to further row back on the tax cuts announced in his mini-budget.
Asked to confirm whether this possibility was still on the table, Treasury Minister Chris Philp replied: "There are not any plans to reverse any of the tax measures announced in the growth plan."
Tory MP Kevin Hollinrake, who was also a Sunak supporter, said it would be better for the chancellor to U-turn on aspects of his mini-budget rather than cause more market turmoil.
"I think it's better to have looked at this more carefully in the context of what's happened over the last few weeks and say 'I think we've got some of this wrong and these tax cuts need to be introduced over time'," he told BBC Radio 4's World at One programme.
He suggested reversing the government's decision to scrap the planned hike in corporation tax was one potential option.
Mr Hollinrake said the markets would want to see something "tangible", adding: "It's got to be either moderate some of those tax cuts or cut spending to give the government credibility."
Meanwhile, former deputy prime minister Damian Green said an obvious way to reduce debt while ruling out public spending cuts would be to defer some tax cuts.
He told BBC Radio 4's PM programme the reversal of some parts of the mini-budget was being openly discussed by Tory MPs.
The government has already U-turned on its plan to scrap the top rate of income tax, following market turmoil and vocal opposition from some Tories.
However, this only made up £2bn of the tax cuts announced by the chancellor.

On Wednesday evening, Ms Truss faced sharp criticism from some of her own MPs during a meeting of the 1922 committee of backbenchers.
Sources in the room told the BBC that Robert Halfon had accused Ms Truss of "trashing blue collar conservatism".
He told her the party's record over the past 10 years had included things like boosting apprenticeships and the living wage, whereas she had cut tax for millionaires and wanted to cut affordable housing and benefits.
MPs who were present said he got a cheer, while Ms Truss looked "shocked" and said he could come to speak to her.
They said another Tory MP, James Cartlidge, also criticised the government's mini-budget, saying the communication had been poor and she had not prepared the markets.
Both MPs supported Mr Sunak during the Tory leadership election.
The BBC's Nick Watt said he encountered a "wall of derision and unease" about the prime minister outside the room.
One loyal minister told him: "We are completely in a dreadful place. There is no way out from this - maybe Liz Truss will find a way, but I cannot see it.
"It's like Black Wednesday in 1992, when interest rates shot up, we lost economy credibility, and it took us 15 years to get it back."
However, leaving the meeting the prime minister said it had been "very good".
One MP who backed Ms Truss in the leadership race said the PM acknowledged during the meeting that she could have laid the ground better for her recent policies.

https://www.bbc.co.uk/news/uk-politics-63236532
 
Conservative commentators are beginning to turn against Liz Truss, with rightwing newspapers such as the Sun and Daily Mail rounding on her for making a “pig’s ear” of the mini-budget, while other observers suggest her premiership could be extremely short-lived.

Though she was initially heralded by some as a prime minister to drive through true-blue policies with the most radical reforms in decades, unease is growing in Tory circles about her leadership.

Recent market turmoil, a series of screeching U-turns and the expectation more will follow are compounding jitters about Truss’s future.

The Daily Mail, in its editorial on Thursday, reserved the top slot in its three-pronged editorial column to savage the Bank of England governor, Andrew Bailey, but used the second to raise concerns about Truss.

It said her “dash for growth is already limping badly after she made a pig’s ear of presenting her ambitious mini-budget and was forced into humiliating U-turns”.

Though critical of her leadership, the Mail, which endorsed Truss during the leadership contest, did say the principle of tax cuts and pursuance of growth was the right one and urged Tory rebels to get behind it.

Emblazoned across the rest of the page was a comment piece by its columnist Stephen Glover.

One extract read: “In her abject powerlessness she is like a leader who has been in office for years and has run out of options and support. But she has only just started! And she has a majority of nearly 70.”

Meanwhile the Sun, which did not endorse either Truss or Rishi Sunak, used its editorial on Thursday to go after the new prime minister.

While it admitted “global forces are in play” and also harangued Threadneedle Street for “mixed messages”, the paper said Truss “fuelled the chaos by claiming no government spending will be cut”, asking: “How, then, can she balance the books?”

In a final riposte, the leader added: “The mayhem is terrifying. Markets crave stability and confidence. Ours have neither.”

Criticism also came from the Financial Times, which said Truss had presided over “Britannia Unhinged” – a reference to the book titled Britannia Unchained she wrote with Kwasi Kwarteng and other free-market backbenchers in 2012.

And the Economist said in a thundering editorial this week that Truss “blew up her own government”, and the few days she had in power that were not spent mourning the Queen’s death meant her honeymoon period had “the shelf-life of a lettuce”.

In addition to the scorn poured on Truss by the national press, the editor of an influential website within the Tory party – Conservative Home – said there were doubts about whether the mini-budget could survive at all.

Paul Goodman told BBC Radio 4’s Today programme: “I am beginning to wonder whether or not ministers and Conservative MPs are capable of putting together a package of public spending cuts on the scale required. And if they do, whether they’re going to be acceptable to the markets, or whether the markets are now going to demand the withdrawal, in effect, of the mini-budget, or most of it, that Kwasi Kwarteng announced only very recently.”

Goodman said “all sorts of different people are talking about all sorts of different things because the Conservative backbenchers are casting around for a possible replacement for Kwasi Kwarteng, even for a possible replacement for Liz Truss” – mentioning that Sunak, Penny Mordaunt, Boris Johnson, Kit Malthouse and Sajid Javid’s names had been touted.

He added: “I have to say I’m not very enthusiastic about this kind of idea myself, nor am I enthusiastic about the prospects of the Conservative party junking what would be its fourth leader in seven years.”

One of the key economists Truss touted during the leadership contest, Gerard Lyons, also said on Thursday that while markets were in a febrile state before the mini-budget, “that clearly has contributed to a lot of the problems”.

He told Times Radio: “The mini-budget itself shouldn’t have been a mini-budget, it should have been as it said on the tin, a fiscal statement, where they just clarified what the markets had discounted – namely, reversing the two planned tax increases in terms of corporation tax and national insurance … and also coming up with the energy levy.”

Lyons added that Kwarteng, in his Halloween medium-term growth plan, “needs to convince the market that their fiscal numbers add up”.

https://amp.theguardian.com/politics/2022/oct/13/tory-press-raises-doubts-about-liz-trusss-future
 
If they let Liz continue they will lose the next election for sure.

If they shaft her themselves they will lose the next 3.
 
Replacing LT with yet another leader so quickly seems really pointless to me.

Surely the more honest and intelligent internal strategists within the Tory Party should be accepting that their natural cycle as the ruling party is coming to an end for now.

They’ve been in power for so long in fact that most people under 18 can’t ever remember living under a Labour government. The next General Election is unwinnable for the Conservatives — they’re just too stale and hated at this point.

If the Tory Party are shrewd they will presently sit in a holding pattern, not change anything major, allow LT to lose in 2024 & get rid of her then, and quietly return to the opposition benches to lick their collective wounds.

It won’t take too long for Labour when they ascend the office to make a mess of things again and annoy everyone enough for the voters to want the Conservatives back, maybe after Sir Keir has done 1-2 terms in office as Prime Minister.

All it takes then is for the 2030s modern mannequin version of David Cameron, young and dynamic, to raise his head, get officially anointed as Leader of the Opposition and go on the campaign trail, and the Tories will be back in business.
 
In true LD style, our PM will perform a U-Turn later, and rumours are that the chancellor of the exchequer will be sacked.

Typical, as a closet LD, she picked the right colour and not the right skills for her cabinet.

God, she is awful, but it figures.
 
Technics 1210 said:
In true LD style, our PM will perform a U-Turn later, and rumours are that the chancellor of the exchequer will be sacked.

Typical, as a closet LD, she picked the right colour and not the right skills for her cabinet.

God, she is awful, but it figures.
Click to expand...

Just when we thought it couldn't get much worse than Theresa May and then Boris Johnson...

The chancellor will be sacked but Liz is going to be removed as well. The tories are trying to find a way to rid themselves of this duo.
 
Prime Minister Liz Truss will hold a press conference later, amid speculation she is going to announce a U-turn on plans to cut business taxes.

Chancellor Kwasi Kwarteng has flown back early from a US trip for urgent talks with the PM.

The chancellor will not be at the prime minister's side when she makes her statement in Downing Street.

Ditching a planned rise in corporation tax rise was central to Ms Truss's Tory leadership pitch.

A Downing Street source told the BBC they were not commenting on a Times report which said the chancellor was due to be sacked.

It comes after the government's mini-budget spooked the markets and sparked a revolt among Tory MPs.

For days, Ms Truss has faced calls to drop parts or all of her economic plan to calm market turbulence and reassure her party.

Some Tory MPs have discussed options to remove Mr Truss as prime minister, laying bare divisions within the party, which has been in power for 12 years.

Ms Truss has already U-turned on her plan to scrap the top rate of income tax and some Tory MPs believe another change of course is inevitable.

A further U-turn is likely to seen as a blow to Ms Truss's political authority only 39 days after she became prime minister.

Labour's shadow chancellor Rachel Reeves said a "humiliating u-turn is necessary" after the government "plunged our economy into chaos and crisis with Truss' discredited trickle down approach".

Ms Truss's pledge to cut taxes was at the heart of the economic agenda that won her the Tory leadership at the start of September.

The mini-budget - announced by Mr Kwarteng on 23 September - included £45bn of tax cuts and an energy package worth an £60bn over six months, partly funded by borrowing.

There were few details on how the government would fund the package, which left financial markets reeling, sent the pound plummeting, and forced the Bank of England to bail out pensions funds.

The chancellor was due to make a financial statement on 31 October, but it is unclear whether that will change.

This week Mr Kwarteng had been in Washington DC for a meeting of global finance ministers at the International Monetary Fund's (IMF) annual meeting.

Speaking about the change in his travel plans, a source close to the chancellor said he "really wants to engage not only with government colleagues, but also MPs" over the financial plans.

Earlier, a Downing Street source told the BBC the prime minister thought the chancellor was "doing an excellent job and they are in lockstep".

Meanwhile, financial markets rallied and the pound held firm as speculation mounts about a possible U-turn over the mini-budget.

The Bank of England has been buying government bonds - known as gilts - to try to stabilise their price and prevent a sell-off that could put some pension funds at risk of collapse.

But that support is due to come to an end on Friday.

BBC
 
Kwarteng out as chancellor

Kwasi Kwarteng is no longer chancellor, the BBC understands.

It comes amid speculation Truss will today announce a U-turn on parts of the mini-budget.
 
Kwarteng second shortest-serving UK chancellor

It means Kwarteng is the second shortest-serving UK chancellor on record.

The shortest serving chancellor, Iain Macleod, died of a heart attack 30 days after taking the job in 1970.

Since 2019, the UK has had four chancellors, including Nadhim Zahawi who served the third shortest tenure with 63 days during a short-lived reshuffle under Boris Johnson, and Sajid Javid who served 204 days - the fourth shortest tenure on record.
 
Shame for Kwasi. LT has really thrown him under the bus.

What a shambles these last few years have been.
 
Technics 1210 said:
Few years? I would say few months!
Click to expand...

Last few months have just been the cherry on top!

We can trace the chaos back to May calling an election, losing a majority and going into coalition with the DUP.

Its been downhill for a long time.
 
Technics 1210 said:
Kwarteng second shortest-serving UK chancellor

It means Kwarteng is the second shortest-serving UK chancellor on record.

The shortest serving chancellor, Iain Macleod, died of a heart attack 30 days after taking the job in 1970.

Since 2019, the UK has had four chancellors, including Nadhim Zahawi who served the third shortest tenure with 63 days during a short-lived reshuffle under Boris Johnson, and Sajid Javid who served 204 days - the fourth shortest tenure on record.
Click to expand...

What went wrong? You said it was an excellent budget?
 
Embarassing

Chucky & Candyman horror duo didn’t last long afterall.
 
DeadlyVenom said:
Last few months have just been the cherry on top!

We can trace the chaos back to May calling an election, losing a majority and going into coalition with the DUP.

Its been downhill for a long time.
Click to expand...

Nah, it went downhill when Cameron decided to gamble the nation's prospects to deal with internal Tory conflicts.

Pure greed, self preservation and arrogance.

Ultimately led to all this nonsense.
 
DeadlyVenom said:
Last few months have just been the cherry on top!

We can trace the chaos back to May calling an election, losing a majority and going into coalition with the DUP.

Its been downhill for a long time.
Click to expand...

Agree. The snap election disaster with Theresa May is the moment when a merely below average government abruptly decided to jump the shark and turn the UK into a horror show. It will take a very long time for the country to recover.
 
DeadlyVenom said:
Shame for Kwasi. LT has really thrown him under the bus.

What a shambles these last few years have been.
Click to expand...

Our enemies round the world are laughing at us, while our friends look on in bafflement. We used to have sensible, reliable, measured fiscal, monetary and diplomatic policies, and have picked a clown show instead.

Poor old Kwazi. But this sacking will do nothing to help Truss.
 
James said:
Agree. The snap election disaster with Theresa May is the moment when a merely below average government abruptly decided to jump the shark and turn the UK into a horror show. It will take a very long time for the country to recover.
Click to expand...

Before that. Cameron should never have allowed that referendum. That's where the rot really set in.
 
Kwasi Kwarteng has been sacked as chancellor three weeks after his mini-budget unleashed chaos in the economy.

He was appointed to the role by Liz Truss only 38 days ago.

Mr Kwarteng's downfall was set in motion by the mini-budget on 23 September, in which he announced £45bn in unfunded tax cuts.

The mini-budget pushed the pound to a record low against the dollar, sent the cost of government borrowing and mortgage rates up and led to an unprecedented intervention by the Bank of England.

In Mr Kwarteng's letter to Ms Truss, he said: "You have asked me to stand aside as your chancellor. I have accepted."

He said he accepted the job "in full knowledge that the situation we faced was incredibly difficult, with rising global interest rates and energy prices".

But he said the PM's "vision of optimism, growth and change was right" and "following the status quo was simply not an option".

Chancellor of the Exchequer Kwasi Kwarteng (second left) arrives at London Heathrow Airport after travelling on a flight from the US ahead of schedule for urgent talks with Prime Minister Liz Truss as expectations grow that they will scrap parts of their mini-budget to reassure markets. Picture date: Friday October 14, 2022.

He finished his letter by saying they have been "colleagues and friends for many years" and he believes her "vision is the right one".

"It has been an honour to serve as your first chancellor. Your success is this country's success and I wish you well," he wrote.

Moments later, he was seen leaving No 11 Downing Street and was driven away from the home he had only occupied for just over a month.

Ms Truss and Mr Kwarteng, who have been close friends for years, insisted that the turbulence in the UK economy was part of a global problem exacerbated by the war in Ukraine and post-pandemic recovery.

But last week, after open revolt by Tory MPs and a record surge for Labour in the polls, the prime minister announced the first major reversal of mini-budget policies when she backtracked on scrapping the 45p top rate of income tax.

The second U-turn is expected to come on Friday afternoon, with the government set to raise corporation tax from 19% to 25% next April, despite promising not to do so in the mini-budget.

Less than an hour earlier, Mr Kwarteng had landed back in London after cutting short meetings with the International Monetary Fund in Washington DC.

He had been due to make a medium-term fiscal statement on 31 October.

The Conservative Party has now had four chancellors in the past three years - Mr Kwarteng, Nadhim Zahawi, Rishi Sunak and Sajid Javid.

And the next chancellor, who will be chosen by Ms Truss, will be the seventh Tory chancellor in 12 years.

While the PM's focus will be on choosing a new chancellor, there is set to be a renewed focus on whether Ms Truss can remain in the job.

A Tory MP told Sky News: "The idea that the prime minister can just scapegoat her chancellor and move on is deluded.

"This is her vision. She signed off on every detail and she defended it."

Sky
 
Jeremy Hunt is the new Chancellor! A Remainer!

UK government has been infiltrated by the enemies of the state!

PM : LD supporter turned blow, who was also a Remainer.

CE : Remainer

UK has been NUKED!
 
Cameron had to call the referendum, 4.5 Million had voted for UKIP in 2015.

Remoaners still crying, it was either a referendum or a right wing government. Remoaners were talking a big game but lost.

Austerity.

LDs should be banned from politics, and society.
 
You must log in or register to reply here.

Similar threads

Ball Blazer
Former Prime Minister Imran Khan's ex-wife Reham Khan launches new political party
Replies
44
Views
841
Bewal Express
B
BouncerGuy
"Narendra Modi is a Temu version of the Israeli Prime Minister Benjamin Netanyahu": Bilawal Bhutto Zardari
2 3 4
Replies
242
Views
5K
HalBass9
HalBass9
R
Should the UK ban the burqa in the name of public safety?
Replies
38
Views
963
KingKhanWC
KingKhanWC
BouncerGuy
"I ask them to open all routes (between India and Pakistan) to let Pakistan come here and see how we live and what we have here": Mehbooba Mufti
Replies
13
Views
749
deltexas
D
Devadwal
Former Indian Prime Minister Manmohan Singh passes away at 92
Replies
31
Views
849
JaDed
JaDed
Back
Top