Current Affairs The Conservative Party

[roydo]

if that is true and they are still refusing to appear / do anything, they'll be gone by the weekend - you can ruin jobs, homes and whatnot but crash pension funds and they will come after you

Its uber complicated this. It crossed my mind earlier that Final Salary pension funds would be spooked by the sudden run on £, and the subsequent gilt yield going mental. Perversely, they kinda shrug off stock market movements. But they (FS) hold gazillions of gilts, and if their value is destroyed, their reserves and ability to asset match at the same time are pretty much compromised.

Insolvent, imo, is a bit of a stretch, but acturarially, its a big itch.

 

[Wizard]

 

[JammyP]

 

[Amw79]

Mmm. Wonder what that plan to ensure reduction of public debt will be.

Would it be something like, public services to be massively cut across the board?

It’s a real mystery.

To be fair, the mystery plan is being revealed a lot quicker than I thought.

 

[tsubaki]

To be fair, the mystery plan is being revealed a lot quicker than I thought.

that is some truly demented stuff, especially for the MoD, Home Office and NHS right now

 

[mahermi1]

Good.

Blokes tweeking at the Queens funeral and sinking sterling.

He's abysmal man.

Sunak 10x the Chancellor get him back.

Yeah everything was rosy under Sunak lad...

 

[ForeverBlue92]

Yeah everything was rosy under Sunak lad...

Gotta give Sunak his due I ate like a king thanks to eat oot to help oot.

 

[NilSatisOptimum]

I smell a mutiny is at hand.

Senior Tories 'boycott' Conservative Party conference as MPs fume over mini-budget fallout

Rishi Sunak, Sajid Javid, David Davis and Mel Stride have all told Sky News they will not be attending the annual conference, which is due to start this weekend in Birmingham.

news.sky.com

 

[Spadge Vernacular]

Austerity cuts could mean ‘end of NHS’, warns ex-Bank of England deputy

‘Fundamental rethinking’ of the state could lie ahead, says Sir Charlie Bean

www.independent.co.uk

Holding back from swearing at that!!! ?

 

[mahermi1]

Gotta give Sunak his due I ate like a king thanks to eat oot to help oot.

Yes Covid done very well out of it to, made quite a comeback at that time.

 

[ForeverBlue92]

Yes Covid done very well out of it to, made quite a comeback at that time.

Incorrectly blamed - was largely the migration of students that caused the increase in cases iirc.

As we've since seen its Impossible to keep COVID cases down when new variants pop up to evade immunity.

The Western countries should stop being cowards and make China pay reparations for the mess we're all in thanks to them arsing around with viruses in labs and unclean wet markets.

 

[NilSatisOptimum]

Close to financial meltdown. Self-inflicted.

 

[mahermi1]

Incorrectly blamed - was largely the migration of students that caused the increase in cases iirc.

As we've since seen its Impossible to keep COVID cases down when new variants pop up to evade immunity.

The Western countries should stop being cowards and make China pay reparations for the mess we're all in thanks to them arsing around with viruses in labs and unclean wet markets.

Okay Donald you've trumped me there. lol

 

[Amw79]

that is some truly demented stuff, especially for the MoD, Home Office and NHS right now

Only if you care about public services.

If we start with the assumptions that the ideological aim of the government is to redistribute money to the wealthy, while also decimating public services (which is what the IEA have been advocating and lobbying for, for a decade); it’s quite a logically consistent set of measures.

Think people will be taking up arms this winter.

 

[ClausThomsen]

Today's front of The Daily Tory tells a tale...

The Tories are making such a hash of things they've not even dared give the Labour conference it's annual kicking. Just leaving politics completely off the front page.