Tag: Liz Truss
Will Russia’s Economy Really Outperform the UK in 2023?
Why Britain’s Economy is F***ed
Dangerous Tory Plan to Delete all EU Law
The Tory government has given the civil service one year to retain any laws it needs even though it is highly likely to require more than seven years for current staffing levels to do so assuming that they did nothing else.
The government wants to sunset all EU laws despite recent revelations that the government was not even away of a third of such laws as they had entirely missed over a thousand of them. This would cause legal uncertainty, scare away business investment, and over-tax the civil service.
Highest rise in UK interest rates since 1989 despite “looming long recession”
The Bank of England raised interest rates by the most since 1989 to 3% from 2.25%. It said Britain’s economy might not grow for another two years.
The pound fell sharply and was down about 2% against the U.S. dollar to its lowest since Tory PM Truss put Britain in a political crisis.
The Tory Government is yet to do anything that will clearly slow inflation and stimulate growth.
Calls for Liz Truss not to take yearly ÂŁ115,000 as ex-prime minister
Sir Keir Starmer has called on Liz Truss not to claim an allowance of up to ÂŁ115,000 a year that she would be entitled to after resigning as PM.
Liz Truss announced her resignation from the lectern outside No 10 on Thursday after just 45 days in the job.
It means she will now be able to claim the Public Duty Costs Allowance (PDCA), currently set at ÂŁ115,000, to which all former prime ministers are entitled.
But the Labour leader said she had “not earned the right” to the allowance.
BBC News
Liz Truss phone hack claim prompts calls for investigation
The government has been urged to open an investigation into claims former prime minister Liz Truss’s phone was hacked while she was foreign secretary.
The Mail on Sunday reported private messages between Ms Truss and foreign officials, including about the Ukraine war, fell into foreign hands.
The hack was discovered during the summer Tory leadership campaign but the news was suppressed, the paper said.
— BBC News
The cost of living crisis will create a two-tier uni system for the rich and poor
A BBC reports states that the cost of living crisis will create a two-tier uni system for rich and poor.
The cost of living crisis is brought to us via Tory bungles with the economy under both Johnson and the Truss.