Inflation Down 15112023

But what would it be standing at if Rishi had been making the easy decisions such as giving into those recklessly high pay demands?

Liz Truss was the scapegoat. Inflation and bank rates were going to increase anyway. Look at what has happened abroad.

Truss had the right policies, but she got her timing wrong on the tax cuts pledge. It would have been better to have introduced the fuel bills issue first and then leave the tax cuts until the Autumn Statement, when the full costings would have been available.

The Truss solution was focussed on growth, which is now admitted by both parties to be the only answer to our problems at this point.

IMHO the Wage demands made by the RMT NHS and Teachers were orchestrated by the Far Left Marxists Union Leaders in an attempt to bring about and early election

They made it more difficult to reduce Inflation , as per usual one persons pay rise is another persons price rise, the sooner Inflation in reduced to sooner taxation can be reduced , the strikes simply damaged our economy and hit other workers in the wallet Covid had done enough damage without the Unions doing more

Quote from Fred

IMHO the Wage demands made by the RMT NHS and Teachers were orchestrated by the Far Left Marxists Union Leaders in an attempt to bring about and early election

They made it more difficult to reduce Inflation , as per usual one persons pay rise is another persons price rise, the sooner Inflation in reduced to sooner taxation can be reduced , the strikes simply damaged our economy and hit other workers in the wallet Covid had done enough damage without the Unions doing more

Not just your opinion, Fred, they actually boasted that their aim was to bring down the government. We have a thread on that in this very Forum.

Quote from OLD BOY

Liz Truss was the scapegoat. Inflation and bank rates were going to increase anyway. Look at what has happened abroad.

Truss had the right policies, but she got her timing wrong on the tax cuts pledge. It would have been better to have introduced the fuel bills issue first and then leave the tax cuts until the Autumn Statement, when the full costings would have been available.

The Truss solution was focussed on growth, which is now admitted by both parties to be the only answer to our problems at this point.

Truss was an utter fool .

She thought she could beat the markets & failed miserably

Quote from OLD BOY

Not just your opinion, Fred, they actually boasted that their aim was to bring down the government. We have a thread on that in this very Forum.

They have organised more strikes next month and refusing to work overtime , how unexpected

Quote from Fred

They have organised more strikes next month and refusing to work overtime , how unexpected

Why should they work overtime?

Quote from Truebrit

Why should they work overtime?

They really don't need to they are some of the best paid workers in the UK with good perks, they do normally to earn even more , but they refuse to work overtime one strike days as it causes more chaos

Quote from Truebrit

Truss was an utter fool .

She thought she could beat the markets & failed miserably

No, she wasn't. That is certainly what some, including the current PM, would have you believe, but it was a classic stitch-up.

The only reason she failed was that she decided to put in her package to help people through the energy crisis before the Autumn Statement, so the measures to fund it were not available at that stage.

Jeremy Hunt says now is moment for growth in economic 'turning point'

Ahead of Wednesday's financial announcement, the Chancellor said that 'this is the moment' to go for growth.

www.dailymail.co.uk

Oooh, look, Jeremy has acquired a feel for Trussonomics…

Autumn Statement live updates: Jeremy Hunt expected to cut National Insurance in Autumn Statement - BBC News

The chancellor will outline his tax and spending plans around lunchtime, with business taxes also to be cut.

www.bbc.co.uk

Looks like Trussonomics might have won the day after all. The Autumn Statement this afternoon will be very interesting!

Quote from OLD BOY

https://www.bbc.co.uk/news/live/uk-67491863

Looks like Trussonomics might have won the day after all. The Autumn Statement this afternoon will be very interesting!

Hopefully he’s done his sums

I have one for them:

Not keeping promises = losing next election.

We all await with baited breath.

It won't affect me, but big increase in State Pension coming in April. That'll please everyone else on here.

Hunt is an impressive performer, but despite the tax cuts, I don't think it's enough for the conservatives to win the next election.

Quote from Horizon

It won't affect me, but big increase in State Pension coming in April. That'll please everyone else on here.

Pleases me as does the freeze on duty on petrol and booze.

Glad I gave up the evil weed decades ago when they got to £2.50 for 20 king size.

Quote from Horizon

Hunt is an impressive performer, but despite the tax cuts, I don't think it's enough for the conservatives to win the next election.

I thought he was calm clear precises and amusing Labour and the opposition benches faces said it all for me, but yes I think the Tories will struggle to win the GE time to head for the hills

Quote from Horizon

Hunt is an impressive performer, but despite the tax cuts, I don't think it's enough for the conservatives to win the next election.

Yes, but this was just the Autumn Statement, Horizon. We haven’t seen the budget yet!