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[Politics] Tory meltdown finally arrived [was: incoming]...









clapham_gull

Legacy Fan
Aug 20, 2003
25,876

Usher them politely off the end of a pier.

I'm sure an awful lot wrong has been done in this case technically (*), but may open up the questions whether his wider family business interests are a conflict of interest.

(*) You see he has registered this one, but they haven't just released the register 🙄
 


TomandJerry

Well-known member
Oct 1, 2013
12,323
Conservatives who want to railroad through measures to curb small boat crossings by pulling the UK out of the European convention on human rights (EHRC) could make a “tactical retreat” and instead lobby for a commitment in the party’s next manifesto.
 






TomandJerry

Well-known member
Oct 1, 2013
12,323

Bank of England expected to raise rates in May​

The odds of the Bank of England raising interest rates again next month have jumped.

The money markets indicate there is a 97% chance that the BoE lifts Bank Rate by a quarter of one percentage point to 4.5% in May – up from an 82% chance yesterday.

The markest also imply there’s a good chance that rates will hit 5% by the autumn.
 


jimhigham

Je Suis Rhino
Apr 25, 2009
8,035
Woking
Rishi made a big old hoo ha about halving inflation this year. The general view at the time was this was a simple pledge to make as market factors would take care of inflation without any need for government input. Inflation is now showing itself to be a lot more determined to stick around than previously imagined.

So Rishi thought he could acquire brownie points with the electorate by pledging something that was widely expected to happen but now he's looking at being judged as a failure against it.

It would be quite funny except for the fact the laugh is coming at the expense of the very poorest in society who are taking an absolute kicking.
 


Machiavelli

Well-known member
Oct 11, 2013
17,770
Fiveways
Rishi made a big old hoo ha about halving inflation this year. The general view at the time was this was a simple pledge to make as market factors would take care of inflation without any need for government input. Inflation is now showing itself to be a lot more determined to stick around than previously imagined.

So Rishi thought he could acquire brownie points with the electorate by pledging something that was widely expected to happen but now he's looking at being judged as a failure against it.

It would be quite funny except for the fact the laugh is coming at the expense of the very poorest in society who are taking an absolute kicking.
Yes, but that inflation is being caused by workers' wage demands, particularly that greedy lot in the public sector :dunce:
Official bodies (ONS?, BoE?) latest predictions are that inflation will fall to c3% by the year end. Mind you, the general view from economists was that inflation would fall below 10% this month. We'll see.
 




jimhigham

Je Suis Rhino
Apr 25, 2009
8,035
Woking
Yes, but that inflation is being caused by workers' wage demands, particularly that greedy lot in the public sector :dunce:
Official bodies (ONS?, BoE?) latest predictions are that inflation will fall to c3% by the year end. Mind you, the general view from economists was that inflation would fall below 10% this month. We'll see.
It's not looking like the slam dunk it appeared when the pledge was made.
 


nicko31

Well-known member
Jan 7, 2010
18,574
Gods country fortnightly
Oh Rishi...

INVESTIGATION INTO CHILDCARE AGENCY: wife is shareholder, new gov policy £1200 if childminder registers with 6 specified agencies INCLUDING HERS (not declared)
GREEN CARD: Sunak claimed he was a permanent resident of USA while he was Chancellor!
OFFSHORE TAX HAVENS: beneficiary of Cayman Islands trust
INFOSYS & RUSSIA: wife's family firm still trades with Russia MODERNA SHARES: Hedge fund Theleme (he was a founding member) biggest shareholding in Moderna, Sunak invested £1 billion gov money in Moderna in Dec 2022. Will not state he does not benefit from Moderna holding.

 


nicko31

Well-known member
Jan 7, 2010
18,574
Gods country fortnightly

Bank of England expected to raise rates in May​

The odds of the Bank of England raising interest rates again next month have jumped.

The money markets indicate there is a 97% chance that the BoE lifts Bank Rate by a quarter of one percentage point to 4.5% in May – up from an 82% chance yesterday.

The markest also imply there’s a good chance that rates will hit 5% by the autumn.
Easy to forget the old rule used to say Interest Rates, inflation plus 2%. Interested to see what the view is now on taking 5 year fixes on mortgages...
 




Thunder Bolt

Silly old bat
Local Tory candidate admitting he's not interested in the poor. You'd think they would realise a lot of houses have Ring doorbells or similar nowadays.

 




Jul 20, 2003
20,677
No 'but Corbyns' in PMQs.

One 'lefty lawyer' and a new one used a few times, 'Sir Softie'.One

In other news, rampant inflation isn't their fault, but if it comes down it's because the are brilliant.
 




Thunder Bolt

Silly old bat
No 'but Corbyns' in PMQs.

One 'lefty lawyer' and a new one used a few times, 'Sir Softie'.One

In other news, rampant inflation isn't their fault, but if it comes down it's because the are brilliant.
The Tories are still trying to attack the 'softer sentences' which were implemented by the Sentencing Council. There were 14 members, whose job it is to implement the government policy on crime. David Cameron knighted Sir Keir Starmer for his work in the CJS.



Sunak has no policies, and cannot answer questions because he wants to play schoolboy games. Ner ner ne ner ner.
 


TomandJerry

Well-known member
Oct 1, 2013
12,323
Michael Gove has been taking his smoking breaks in a special hut built for him on the roof of his departmental office, after he was stalked by a terrorist and heckled in the street.

The taxpayer-funded smoking den was built specifically for Gove shortly after he was appointed levelling up secretary in October 2021 and he was heckled by anti-lockdown protesters.
 


Randy McNob

> > > > > > Cardiff > > > > >
Jun 13, 2020
4,724
Oh Rishi...

INVESTIGATION INTO CHILDCARE AGENCY: wife is shareholder, new gov policy £1200 if childminder registers with 6 specified agencies INCLUDING HERS (not declared)
GREEN CARD: Sunak claimed he was a permanent resident of USA while he was Chancellor!
OFFSHORE TAX HAVENS: beneficiary of Cayman Islands trust
INFOSYS & RUSSIA: wife's family firm still trades with Russia MODERNA SHARES: Hedge fund Theleme (he was a founding member) biggest shareholding in Moderna, Sunak invested £1 billion gov money in Moderna in Dec 2022. Will not state he does not benefit from Moderna holding.

Yeah but....Stop the boats ! We need bankers to stop boats
 
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TomandJerry

Well-known member
Oct 1, 2013
12,323
Rishi Sunak has caved in to demands from hard-right MPs to allow the UK to ignore rulings from the European court of human rights on small boat crossings, government sources have said.

Backbench rebels have been pushing the prime minister to harden the illegal migration bill so ministers to can ignore interim rulings. One of the Strasbourg court’s rule 39 injunctions blocked the government’s first attempt to deport asylum-seekers to Rwanda last year.
 








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