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Mini-budget: Liz Truss takes 'huge political risk' in borrowing spree 

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Sky's Beth Rigby reflects on Liz Truss's mini-budget which has made many MPs nervous - including those within her own party.
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22 сен 2022

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Комментарии : 496   
@malfy8369
@malfy8369 Год назад
The contempt for everyday British citizens is truly shocking.
@dam8087
@dam8087 Год назад
It isn't though, this is the Conservative party they have utter contempt for anyone who isn't rich. The shocking thing is how many despicable people vote for them
@kimsanghyuk97
@kimsanghyuk97 Год назад
Contempt for everyone living in the UK, not just British citizens (unless they're super rich)! Absolutely embarrassing
@malfy8369
@malfy8369 Год назад
@@kimsanghyuk97 I agree.
@keplermission4947
@keplermission4947 Год назад
Gordon Brown of Labour was lower class and was never away from the Queen, boasted of seeing her every week when he was a Prime Minister. He's not boasting about seeing Gillian Duffy every week, I mean Labour are upstarts.
@malfy8369
@malfy8369 Год назад
@@keplermission4947 He may on apperance have courted both sides but I think he found a middle ground. We can all prosper with acceptable balance. The GD thing was more about a difference of ideology than a contempt for everyday people . The Tories use predudice to win votes and its been successful but they are not for us.
@johnrussell3961
@johnrussell3961 Год назад
What happened to labours debt of 300bn in 2006 being totally unacceptable? We are now heading for 2300bn !
@colinhill9439
@colinhill9439 Год назад
Yep and all kept by the rich while we pay. I am not having it I will come off PAYE and go back to cash for good screw these idiots I suggest we all do the same and I will not be using banks either. We need to drain the system of the money to pay for this they can then go to the rich who benefit and get them to pay for their loan.
@timdyer5903
@timdyer5903 Год назад
Liz Truss has thrown Britain and 99% of Britons under the bus. Crushing.
@rrickarr
@rrickarr Год назад
Another article made the point that Liz is acting as if she has a mandate when she does not!
@kaycamille1544
@kaycamille1544 Год назад
Yes indeed thatcher would be turning in her grave to see the muppets in control
@femazik
@femazik Год назад
she is obviously risking our lives, not hers
@timdyer5903
@timdyer5903 Год назад
She is throwing 99% of taxpayers under the bus.
@femazik
@femazik Год назад
@@timdyer5903 point me towards one tory that cares about the people
@timdyer5903
@timdyer5903 Год назад
@@femazik John Major but barely. The current batch of parasites, no chance.
@piccalillipit9211
@piccalillipit9211 Год назад
*SHOUTS IN THE TROUGH* for the final grotesque feeding frenzy as they know they have ZERO chance at the next election - time to give as much money as they can to them and their friends as quickly as they can...
@allanallen1835
@allanallen1835 Год назад
It's the workers who vote it's the workers that keep the country moving, if it wasn't for working class they wouldn't have anything, the working class feed the zookeepers it should be the other way round.
@samgrainger1554
@samgrainger1554 Год назад
Insanity. Absolute insanity. This is a cruel, morally corrupt, betrayal. They've betrayed us. We should never forgive this
@ThePierre58
@ThePierre58 Год назад
Regards to Xi Jing Ping.
@alaska3300
@alaska3300 Год назад
Because they lowered citizens tax?
@timdyer5903
@timdyer5903 Год назад
@@alaska3300 they only lowered tax for the millionaires. 99% of the population have to pay for this. The pound sank, inflation goes up, and the pennies in NI savings that most of the population got won't cover. National debt disaster.
@alaska3300
@alaska3300 Год назад
@@timdyer5903 Millionaires as in Corporations?
@alaska3300
@alaska3300 Год назад
@@timdyer5903 Trump lowered tax similar on Corporations but he knew what he was doing. The economy took off and everyone did very well. People could buy new homes take vacations etc.
@craigchurch63
@craigchurch63 Год назад
She's just sealed her own fate
@sandraharris3605
@sandraharris3605 Год назад
🤞
@kevindare3113
@kevindare3113 Год назад
Why she sealed her own fate then?
@Colin623
@Colin623 Год назад
@@kevindare3113 I think she's done the exact opposite ! a conservative government actually introducing conservative policies ! something BJ and Sunak had forgotten which party they were in !
@HallowedLife
@HallowedLife Год назад
@@Colin623 Truss made it worse
@musopaul5407
@musopaul5407 Год назад
@mona e Idiot.
@RanDumbGuy78
@RanDumbGuy78 Год назад
Mini budget for the rich. Everyone will be dead at this rate
@Red__Law
@Red__Law Год назад
ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-owI7DOeO_yg.html
@nick000002
@nick000002 Год назад
All going to plan
@coraltown1
@coraltown1 Год назад
This is the basic definition of insanity, and cruelty.
@johnjames6553
@johnjames6553 Год назад
Truss promised Shock And Awe yet delivered Mock The Poor
@simmysims9209
@simmysims9209 Год назад
Leveling up didn't happen but maybe burning down will do.
@bronx3522
@bronx3522 Год назад
Men are divorced for gambling like this. It is pure insanity! Even if it does ecentually work it's still insane!
@IntelligentArtefact
@IntelligentArtefact Год назад
If it works it would not be insane. But it won't work.
@JC-ps2zy
@JC-ps2zy Год назад
Essentially
@JC-ps2zy
@JC-ps2zy Год назад
Eventually?
@bronx3522
@bronx3522 Год назад
"eventually", apologies, have a sticky keyboard. Cheeky sods!
@samantha_t99
@samantha_t99 Год назад
Lost £500 this month due to tax and only make £20k a year. No point in working.
@matthewwilliams8339
@matthewwilliams8339 Год назад
Don't see how?I'm on the same and I lost 158 through tax?
@decus9544
@decus9544 Год назад
RIP UK economy. Bring back the classical Liberal Party for actual fiscal prudence.
@1lovefootball
@1lovefootball Год назад
UK is currently trading similar to an emerging market economy it is unusual for a developed economy to weaken at the same time as yields jumped to the highest point in over 35 years
@maxwelljacobfriedman3567
@maxwelljacobfriedman3567 Год назад
We're now a submerging market economy.
@BigBoiiLeem
@BigBoiiLeem Год назад
A rise in bond yields typically indicates that an economy has been struggling. Whenever theres a recession in the US, bond yields rise first.
@167mm167
@167mm167 Год назад
support Liz Truss..she is a great leader ...!!
@maxwelljacobfriedman3567
@maxwelljacobfriedman3567 Год назад
@@167mm167 Yeah, a great leader for enemies of Britain.
@user-sc9oy1kz8g
@user-sc9oy1kz8g Год назад
@@BigBoiiLeem Quite the opposite for the US. Their interest rates were below inflation during 2008 because theres no chance of default so its still safer than other investments. It actually makes no sense that UK bond interest has gone up since it too is in no risk of default. Its quite bizarre.
@PtolemyJones
@PtolemyJones Год назад
Really a question of how much of that borrowed money can work it's way into her pockets and those of her owners.
@isaacbateman7004
@isaacbateman7004 Год назад
No N. B N. B. B. B. I was
@167mm167
@167mm167 Год назад
support Liz Truss..she is a great leader ...!!
@lucykelly7152
@lucykelly7152 Год назад
Yes! I bet that is her motive!
@PtolemyJones
@PtolemyJones Год назад
@@lucykelly7152 I think that is half of it. I think they also know they will lose the next election, and want to sabotage the nation and the economy as much as possible to make things more difficult for their replacement. That is certainly the way the GOP operates in the US
@coraltown1
@coraltown1 Год назад
"Let them eat cake!" .. turned out well in France.
@colinhill9439
@colinhill9439 Год назад
Viva la revolution, we ned it here now.
@Bigdonksworkshop
@Bigdonksworkshop Год назад
The media are going so ridiculously easy on them. I wonder why???
@earthball2024
@earthball2024 Год назад
Maybe because all of them are conservative????
@MJ-qb5ph
@MJ-qb5ph Год назад
A nation sensitive after the queens passing - looks like her weekly meets with the pm might have yielded some common sense - a massive dramatic self sabotaging move - as soon as the mentor has moved on
@colinhill9439
@colinhill9439 Год назад
Billionaire owners and most news reporters will benefit also they make 100k plus.
@nunchucknads3644
@nunchucknads3644 Год назад
Massive tax cuts for the wealthiest? She should come to the US as a Republican. The GQP loves that kind of legislation in Trumpland.
@dislikebutton8112
@dislikebutton8112 Год назад
Cry more mate. Trump will be back 💪
@petergriffin3194
@petergriffin3194 Год назад
@@dislikebutton8112 Farage to become UK PM!!!!
@cabininthewoods7326
@cabininthewoods7326 Год назад
And how has prices on EVERY FUC*KING thing been since Trump had the election stolen?
@alaska3300
@alaska3300 Год назад
It works well too.
@DecMurphy
@DecMurphy Год назад
They're obsessed with growth, that's all that matters to them, numbers on a spreadsheet. When do they ever actually do anything useful with their money? Anything that benefits people's lives? All they do is serve their own interests while making our lives harder.
@musopaul5407
@musopaul5407 Год назад
No, they're obsessed with transferring wealth from the middle class to corporations, hedge-funds, banks and Tory donors. This government is nothing more than a gang of thieves and they will destroy this country in short order.
@johnnypatterson7512
@johnnypatterson7512 Год назад
That's the thing though - it shrinks the overall economy because most of that money will be sent to offshore accounts or other countries. The only growth they are obsessed with is growing their donours bank accounts if it means wrecking the economy as a whole.
@YDF-1919
@YDF-1919 Год назад
Eloquently put. And far more polite than i would care to be.
@DanteNeverWaits
@DanteNeverWaits Год назад
The countries doing the complete opposite of growing aswell lmao has been for awhile..
@hypeandtings
@hypeandtings Год назад
@@johnnypatterson7512 no the British people ruined their own country’s economics by leaving the EU
@pip1723
@pip1723 Год назад
Biggest tax cuts for 50year's yet we are paying the highest taxes for 70 year's.A penny in April for most won't wash I'm afraid.
@slinger4822
@slinger4822 Год назад
Goodbye lizzy, goodbye conservatives.
@sandraharris3605
@sandraharris3605 Год назад
🤞
@martinwhitney9343
@martinwhitney9343 Год назад
amen to that
@Colin623
@Colin623 Год назад
slinger.....Believe that at your peril !
@slinger4822
@slinger4822 Год назад
The working class people will turn on them they have shown their true colours, no more turning red lines into blue .
@amfearliathmor9747
@amfearliathmor9747 Год назад
The projected growth in the economy from the tax cuts will not generate any further growth. i) Growth of an economy requires productivity. ii) Productivity require lower energy costs, innovation, investment and good working conditions for worker moral. Doomed to failure for those in the real world. Instead it just create further higher inflation, stagnation, resentment and industrial disputes.
@johnrussell3961
@johnrussell3961 Год назад
Growth requires more customer spending to consume what’s created. The Tories are making ours poorer, and trade with 450 EU consumers more expensive and difficult., It’s a con. This budget has got nothing to do with Putins illegal war.
@Buppasiri1
@Buppasiri1 Год назад
Growth start with productivity! 👍
@johnrussell3961
@johnrussell3961 Год назад
@@Buppasiri1 . The UK has been growing by creating more and more coffee shops!
@colinhill9439
@colinhill9439 Год назад
It generates more growth in the very rich's banks accounts and kills what remains of ours.
@davidbradford8542
@davidbradford8542 Год назад
It's not a borrowing spree it's a spending spree lol.
@Sulikowsky
@Sulikowsky Год назад
Rich getting richer. That's it.
@thomasoroarke7789
@thomasoroarke7789 Год назад
This is not about saving the UK economy .Its about saving the conservatives .
@johnxxx5085
@johnxxx5085 Год назад
Surely this plays into Labour´s hands. If the economy does not recover and if there is carnage through the winter months the Tories might not even make it to the next general election.
@tonypepperoni3679
@tonypepperoni3679 Год назад
They aren't conservatives really. They're just a different kind of leftist.
@colinhill9439
@colinhill9439 Год назад
This will kill the conservatives this is about greed pure and simple.
@crm2507777
@crm2507777 Год назад
Roll on 2024 when we won’t have to put up with the Tories anymore
@mlwhepfiorino3392
@mlwhepfiorino3392 Год назад
Tax the Oil companies and bankers!
@laid-back_son8407
@laid-back_son8407 Год назад
can someone get here out of there asap can't believe this was the best UK could offer
@bk1147
@bk1147 Год назад
Possibly the worst, most confusing budget in my lifetime since I started on Fleet Street in 1984 I am no fan of Thatcher but at least she knew what she was doing!
@colinhill9439
@colinhill9439 Год назад
This is a billionaires budget pure and simple paid for by every bugger else. This will make the majority worse off and the top 3 maybe 4 percent far better off.
@lordy1952
@lordy1952 Год назад
This is gonna fail spectacularly
@techtinkerin
@techtinkerin Год назад
This is great they're wrecking everything! Popcorn time!!!
@Jamie_D
@Jamie_D Год назад
Awesome help the rich who are already benefiting from everyone else's struggle
@henkhenk7467
@henkhenk7467 Год назад
How do rich people benifit from other people struggling? Rich people profit when others are rich too, as more consumption leads to more profits. When people get poorer, no-one benefits in teg long term.
@Si1234321
@Si1234321 Год назад
@@henkhenk7467 because if everyone is rich there is nobody to serve them. Keeping people poor also maintains a hierarchy.
@henkhenk7467
@henkhenk7467 Год назад
@@Si1234321 No because richer people means better resources for education and innovation and thus for mechanization. Many tasks performed by the poor a century ago, like plowing fields have now been mechanized by tractors. Or instead of spending hours washing clothes, we now have washing machines. Mechanization and later robotization beats cheap labor in the long term.
@jillhornby5604
@jillhornby5604 Год назад
Poker face LIZ , no compassion and no heart, just full of her own importance, knew she would be bad news.
@zzhughesd
@zzhughesd Год назад
Self importance yes. Cannot watch on. It’s awful
@deborahwyndham-lewis5188
@deborahwyndham-lewis5188 Год назад
She is just a different clown in the same circus
@John_Croft
@John_Croft Год назад
Oh my golly gosh, im super surprised that the Torries just helped make the rich richer, hmm, its not like thats ever been done before, while the poor and average joe gets kicked face down in the mud
@ec7696
@ec7696 Год назад
Utter stupidity. It’s no gamble, it can’t win. Borrowing money to cut tax for the rich and business is just plain madness. The markets have spoken.
@JakeM218
@JakeM218 Год назад
The markets have spoken within a few hours? The plan for this is to encourage growth and investment over the next 2 years, it’ll take time to see what happens.
@Abraham_Tsfaye
@Abraham_Tsfaye Год назад
When I was in UK. I saw empty boarded up streets under a constant grey sky, litter everywhere. Homeless people sleeping in doorways. Opioid addicts out of their mind and women so drunk they urinated on the streets. It's a sad declined country
@colinhill9439
@colinhill9439 Год назад
That is due to the life they have ben forced in to the past 12 years by tory government we need them out they are killing our people and making millions poor.
@alaska3300
@alaska3300 Год назад
Under Boris who is GONE now…
@grahamturner1290
@grahamturner1290 Год назад
"The Party Of Fiscal Responsibility." CORRUPT CONMEN.
@amfearliathmor9747
@amfearliathmor9747 Год назад
In the real world I was in a supermarket today and the price of cheese increased from £4.00 to £4.50. It used to £3.50 only a month or two ago. I purchased 2 cheeses today to save the £1.00 increase in the next few weeks as the huge inflationary spurt increase in October takes its toll due to the Supermarket energy bills rising at the hyperinflationary rate of 300-700%. BBE for the cheese was until January 2023.
@martinmanifold2241
@martinmanifold2241 Год назад
Nonsense ....cheese , pasta , tinned food , bread , milk ...not gone up much at all .....rib eye beef and lamb has jumped up ..but then meat farmers have higher costs to cover
@martinmanifold2241
@martinmanifold2241 Год назад
Stop shopping at marksies and got to lidl or aldi
@kerryquinn6218
@kerryquinn6218 Год назад
@@martinmanifold2241 It has here in Northern Ireland. Well I don't know about pasta but cheese, butter, bread have all jumped. Cat food is another big climber £3 dearer for the one I buy. Even vitamins, the one I get has gone up by £1 in two weeks.
@martinmanifold2241
@martinmanifold2241 Год назад
@@kerryquinn6218 i buy 12 kg bags of harringtons dog food ...they were always £24 in tesco..but were always on offer every other week for £21 or £22 ...i always expected to pay £24 but was chuffed saving a couple of on just one product ... B+M Sell the 10 kg bag and its works out cheaper to go to B +M for cheaper £ per kg When tescos dont have an offer on ..... check on your phone who has your favourite and regular buys at the cheapest prices and plan your trip . I got lazy and just shopped in one shop every week ....now im doing what my dad used to do in the 1970s when we had way less disposable income than we have today ...i shop in 2 or 3 different shops to save £20 a week on a shop ..
@martinmanifold2241
@martinmanifold2241 Год назад
@@kerryquinn6218 petrol is 149.9 in liverpool ... bargain
@michaelmepham4788
@michaelmepham4788 Год назад
BIG money for the RICH PEANUTS for the POOR SHOCKING
@geneytube18
@geneytube18 Год назад
Why was Crispin Odey allowed to short UK bonds?
@ydnallah1541
@ydnallah1541 Год назад
The country is well and truly screwed now
@lewisobee3697
@lewisobee3697 Год назад
Get them out … there dangerous unleashed and clearly no nothing at all about the economy #bringborisback
@Kbcqw
@Kbcqw Год назад
Why would people be angry that their taxes are being reduced?
@maxwelljacobfriedman3567
@maxwelljacobfriedman3567 Год назад
It's nothing more than #KamiKwasiEconomics
@mlwhepfiorino3392
@mlwhepfiorino3392 Год назад
I am really not sure she is up to this job .....
@chiragshetty4608
@chiragshetty4608 Год назад
As soon as he announced the pound fell like crazy. Soon euro, pound and dollar will be same.
@houghtonstreet3392
@houghtonstreet3392 Год назад
that guy is cheeky
@TheDogsboddy
@TheDogsboddy Год назад
Kwasi Kwarteng ! I always thought that was a jiu-jitsu move ?
@The.Seeker
@The.Seeker Год назад
Yes.
@freedom4all870
@freedom4all870 Год назад
UK Better make use of these loan years
@nobody4650
@nobody4650 Год назад
Looking after their own, while the slaughter on the poor, poorest of society gets into gear.😔
@dorbid
@dorbid Год назад
Never mind the political risk, why doesn’t one journalist do their job and ask what happens to the country and it’s people if this risk fails?!!! We don’t care about careers, we care about our financial future.
@Irrirriii
@Irrirriii Год назад
Where’s Larry the cat?? The only politician I want to see
@liamstanley2325
@liamstanley2325 Год назад
True Dat!
@mariahussain7341
@mariahussain7341 Год назад
the cat left with boris.
@bankruptbritain6103
@bankruptbritain6103 Год назад
The cat got evicted and now visits cat banks for tinned whiskas
@MrK-mj4hu
@MrK-mj4hu Год назад
Can’t help thinking increasing housing targets by government to local authorities would have been better than increasing the stamp duty allowance. It just throws fuel on an already out of control market. We still have a housing shortage in this country. We have done since early 2000’s when Labour imposed a housing moratorium driving house prices through the roof. Increasing housing numbers and the affordable housing provision would help calm the housing market. This is just going to increase inflation and house prices further. Land for housing is drying up, land values and house prices will continue to rocket. Why increase the interest rate when we need to get building! The population is growing but we aren’t building enough houses and industry to support it. Madness.
@JakeM218
@JakeM218 Год назад
The stamp duty rules had been in place since 2014. Back then, the average property price in the U.K. was £189,000. The current average U.K. property price today is £273,000. They needed to be updated to keep up with the property market.
@mazingmumma1
@mazingmumma1 Год назад
He looks very very nervous
@andrewdunne1735
@andrewdunne1735 Год назад
All leaders are great, it's the followers who are stupid!
@Jut_tc
@Jut_tc Год назад
About time a new government came through.
@byzantium8851
@byzantium8851 Год назад
New? When was it elected?
@xavierhucklenbruch1798
@xavierhucklenbruch1798 Год назад
Insane ....
@thefifthdoctor6780
@thefifthdoctor6780 Год назад
NHS Strikes coming November 😉
@colinhill9439
@colinhill9439 Год назад
Civil unrest also and I for one welcome it we need to get these out.
@nobotshere8364
@nobotshere8364 Год назад
We're so screwed.. Stopping stamp duty will only drive up inflation. Your encouraging spending
@jstone247
@jstone247 Год назад
The wealthy store and invest their wealth. The lower income earners spend most of the earnings on goods and services to stimulate the economy.
@honourthefire9182
@honourthefire9182 Год назад
@J Stone ah nice to see someone's watching and listening. In the UK the government keeping people poor is in the government's interests. Imagine if none of us were struggling... The establishment would be fucked.
@paulgibbons2320
@paulgibbons2320 Год назад
Lol spending wealth leads to ecconomic growth not saving it. 😂 If working people have the money in their pockets they spend it boosting businesses. If wealthy have it rotting in a bank it does nothing. They have to print more money to put into the system which devalues the pound. What your saying is ecconomic illiteracy.
@eastafrica1020
@eastafrica1020 Год назад
What most people do not seem to understand is that by making the economy grow and bigger, the so called cake gets bigger and the tax base gets bigger to pay for the borrowing. It is a basic principle that most companies use, they borrow money to increase the size of the company and then pay back the loan from the extra profit. This makes the company stronger and the jobs of the workers more stable.
@colinhill9439
@colinhill9439 Год назад
Yes if invested right but this is a tax cut for the small minority of the wealthy they are not the ones that maintain growth that is the rest of us and guess what we are skint now this makes us more so this will tank the economy and the pound and just push many more in to destitution. This is sickening.
@robertdavies9957
@robertdavies9957 Год назад
45%*
@paulreed2204
@paulreed2204 Год назад
A risk who gave her permission to take /
@lyxnick
@lyxnick Год назад
If Labour can't capitalise on this then we may as well just pack up and go home.
@avtar1699
@avtar1699 Год назад
The party has lost any vision. Can't expect much from Mr Starmer.
@christopherblackburn6811
@christopherblackburn6811 Год назад
Labour have been consistently 10% up in the polls for a while now. What more can they do?
@avtar1699
@avtar1699 Год назад
@@christopherblackburn6811 They should have more. They might stand for something, but certainly don't know how to communicate it. Frankly, Boris for them was a blessing. But recent elections show they aren't as far ahead as people seem. It will end probably with a small maj or a hung parliament at worst. But I just don't think Mr. Starmer has the political tact of Blair.
@christopherblackburn6811
@christopherblackburn6811 Год назад
@@avtar1699 I heard the same about Blair in 1995 so who knows. However Starmer isn’t Blair so he will have to do things differently. This country is facing many problems quite a few of which the government has at least made worst with its policy seesaw. So maybe bland consistent competence will become an electoral asset.
@avtar1699
@avtar1699 Год назад
@@christopherblackburn6811 100% agree with the chaos the last 4 tory PMs have unleashed on the UK. Though Starmer is not a Blair for sure. He does face, unique challenges that I believe make the Torys in the long run set up for electoral success: 1) Due to the destruction of Scottish Labour 2) I very much doubt England would forgive Labour for a coalition with the SNP. Amongst other problems, the Scottish Question is going to be a headache for anyone in Downing Sreet. I would consider myself centre-left but I will doubt I will see a return to the New Labour era under Blair.
@John-boy70138
@John-boy70138 Год назад
What a load of tosh! All they’ve done is borrowed to the max 16 billion for what? It will last six months? And then what? Another 16 billion? It’s just sticking plaster on a bad wound
@ZuhayrChowdhury5552
@ZuhayrChowdhury5552 Год назад
They should not last.
@adrianrouse5148
@adrianrouse5148 Год назад
Surely borrowing now will devalue the pound.??? That will increase prices.
@colinhill9439
@colinhill9439 Год назад
The pound tanked yesterday and still falling.
@rrickarr
@rrickarr Год назад
So at 0:47 did he say that employers no longer have to pay into their employees insurance (pension) funds? Wow!!!!!! He has just destroyed working people right there. And he says he is scrapping caps on bankers because we need banks and bankers in London. How will all these banks help the people. I am beginning to see why people might want Boris back!
@AK-zh1co
@AK-zh1co Год назад
So fed up of hearing the mantra "This is a new era " every time some new cabinet minister or prime minister comes into office wanting to make their mark, especially when they are all from the same party! The next new era will be an IMF bailout at this rate!
@nuredenmohamed3579
@nuredenmohamed3579 Год назад
Europe and UK became difficult times ⏲.
@StephenFiorentini
@StephenFiorentini Год назад
Nah nah nah nah nah nah nah nah nah We're completely f*cked Completely f*cked We're completely f****cked
@rg-web-design
@rg-web-design Год назад
Within 12 months, I am pretty sure the pound is going to tank. I'd say equal to, possibly less than the Euro. These new tax levels are the exact opposite of what society as a whole needs now. Are the Tories still living in a dream world where 'trickle down' economics works? I think we all know this is not the case. Trickle down in reality means billionaires creating low paid jobs to enhance their own wealth, which is often not taxed to the rates they should be. "Wool" and "Eyes" are two words which come to mind.
@tobybaker5187
@tobybaker5187 Год назад
It already has
@arnauplanas7169
@arnauplanas7169 Год назад
Giving money back to taxpayers. Where is the scandal? They should lower them more! 🇬🇧
@gengrant5291
@gengrant5291 Год назад
Cut taxes, borrow more in a downturn economy. I wonder what will go wrong 🤔🤔🤔
@mcfcguvnors
@mcfcguvnors Год назад
banks fail = get bailed out again
@mikestravelshow
@mikestravelshow Год назад
I feel sorry for future generations who have to pay for this incompetent government 😕
@debussy69
@debussy69 Год назад
Oh dear, looks like Liz and her ‘pals’ have messed up big time!
@bethburn3237
@bethburn3237 Год назад
This is mind blowingly stupid. As bad as Thatcher’s policies were, at least she didn’t borrow to screw over the poor. She believed in a balanced budget. I am afraid for the UK.
@FoodieReviewdie
@FoodieReviewdie Год назад
Growth isn't from tax, growth is from growth, this is the right call. Remember income tax was ment to be a temporary measure
@thenorfolkst
@thenorfolkst Год назад
Haha yeah and the pound nose diving during his announcement just proves your point doesn’t it . Idiot
@hemmisis
@hemmisis Год назад
But borrowing money to make tax cuts...🤯🤯🤯
@clivebennett7985
@clivebennett7985 Год назад
She said she was prepared to be unpopular, well today is your starter for ten. Make the ric richer and the poor poorer. That's the tories,nothing new to offer just the same old song
@theunexplainablecrumbs4387
@theunexplainablecrumbs4387 Год назад
Can anyone explain to me what this is actually doing and what affect it will have in the long term?
@matthewwilliams8339
@matthewwilliams8339 Год назад
It'll create growth which leads to more investment, more investment leads to more jobs, more jobs leads to more people having their own money instead of claiming benefits snd it also means more people paying tax which gives more money back to councils to do things like fill potholes etc.
@bigtastyforlife9367
@bigtastyforlife9367 Год назад
New era? We are 12 years into the Torys.
@viveleroi4214
@viveleroi4214 Год назад
Todavía más bajos deberían ser los impuestos, pero es un buen inicio.
@beezergutler5488
@beezergutler5488 Год назад
We need another Lee Harvey Oswald
@rosecochran8894
@rosecochran8894 Год назад
Maybe those welloffs would make a turnaround to the dire straits. Good luck.
@TheHandsomeman
@TheHandsomeman Год назад
Invest in production?
@righthand7965
@righthand7965 Год назад
Almost as inept as Penny Wong
@ayd_spurs1258
@ayd_spurs1258 Год назад
She’s not abolishing the tax cuts, she’s trying to get rid of the poor
@colinhill9439
@colinhill9439 Год назад
he is not trying to get rid of the poor she is about to make 10 millions more people sink in to that hole more than likely more than that.
@janealivekickin5302
@janealivekickin5302 Год назад
GET THEM OUT
@stephenkane1074
@stephenkane1074 Год назад
Is a mini-budget like a mini-muffin? Maybe a few of the bankers crumbs might trickle down.
@michaelhuggins8513
@michaelhuggins8513 Год назад
Wow Unbelievable
@smellslikethinice1107
@smellslikethinice1107 Год назад
Trickle down economics. Crumbs of the table, for the working public if we're lucky Thatcher did it with Ronald Regan and Alan Greenspan, and it never worked apart from rich getting richer.
@colinhill9439
@colinhill9439 Год назад
There is no point in working we may as well send a message and we all just stop they get no taxes that way and the filthy rich who own all the businesses will panic and lose their businesses. At this rate work would not even be worth it working for what to get more in debt pointless.
@ndennant
@ndennant Год назад
This is why most backbenchers didn't want Liz as PM
@bryanclarke1927
@bryanclarke1927 Год назад
That risk is at the expense of the tax payer. Ridiculous.
@georgiebestmanutd4746
@georgiebestmanutd4746 Год назад
Bring back Georgie Osbourne!
@oldskoolordie
@oldskoolordie Год назад
Banks win again.
@diorocks5858
@diorocks5858 Год назад
government borrowing rate just went up to 5 percent, pound is all-time low...we have 2 amateurs running government
@ajons190
@ajons190 Год назад
With only two years to a General Election she had little choice than to present her Government as new, radical and try to get some economic growth. If they'd done little they would lose the next election, so they might as well (from their point of view) go big. And of course if they lose the debt problems are the problems for the next Government who will have to increase taxes . . .
@andreydicksonify
@andreydicksonify Год назад
What risk is she taking? She's going to be out in the next election ..
@michaelsaunders6923
@michaelsaunders6923 Год назад
Let me make this obvious,Liz Truss looks like she's on tranquillisers when she's sitting in parliament ,either that or she's not sleeping because she's got something on her mind . She needs to realise that a general election is inevitable unless she wakes up and smells the coffee ('which at this present time due to the cost of living , people can't afford) 😞
@samgrainger1554
@samgrainger1554 Год назад
"Something for the rest of us"... noh
@chengavitch10
@chengavitch10 Год назад
Your salaries will be cancelled.
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