Show threadKay   Dec 20, 2023
@timClicks NZ Treasury papers may be more useful background to #MiniBudget
https://www.treasury.govt.nz/publications/efu/half-year-economic-and-fiscal-update-2023
Half Year Economic and Fiscal Update 2023

Executive Summary Economic activity remains slow, as forecast in the Pre-election Economic and Fiscal Update 2023 (Pre-election Update).

The Treasury New Zealand
Show threadKay   Dec 20, 2023
@timClicks Some details on the #MiniBudget here #NZPol #NZpolitics
https://www.1news.co.nz/2023/12/20/the-chipolata-budget-more-sizzle-less-sausage/
Kirsty's Old AccountDec 20, 2023

#NZPol #MiniBudget
Per #IRD

The Government has announced two tax proposals as part of its mini-Budget:

* Returning the bright-line test to a two-year period from 1 July 2024.
* Removing depreciation deductions for commercial and industrial buildings from 1 April 2024.

Not sure that will please those commercial building owners...

AutisticMumTo3Sep 18, 2023

Liz Truss turned UK into ‘Argentina on the Channel’, says ex-Bank of England boss | The Independent
https://www.independent.co.uk/news/uk/politics/liz-truss-tories-bank-england-b2413469.html

#Truss
#BOE
#ArgentinaOnTheChannel
#Argentina
#Carney
#Sunak
#Brexiteers
#SingaporeOnTheThames
#Singapore
#MiniBudget
#MakingPoorPoorer
#WelfareSpending
#Welfare
#Harrison
#Kwarteng
#TaxCuts

Liz Truss turned UK into ‘Argentina on the Channel’, says ex-Bank of England boss

Mark Carney says ex-PM was in the ‘demolition business’

The Independent
AutisticMumTo3Jul 19, 2023

Tories pick Trump supporter Susan Hall as London mayor candidate | The Independent
https://www.independent.co.uk/news/uk/politics/susan-hall-tory-london-mayor-candidate-b2377979.html

#Tories
#LondonMayor
#Trump
#Hall
#HardRight
#HatesDiversity
#Truss
#MiniBudget
#Johnson
#TwoHorseRace

Tories pick Trump supporter as London mayor candidate

Labour brands Susan Hall ‘hard-right’ politician who hates London’s diversity

The Independent
AutisticMumTo3Jun 22, 2023

Labour don’t have a plan to fix this Tory mess either | The Independent
https://www.independent.co.uk/voices/labour-keir-starmer-rishi-sunak-prime-ministers-questions-b2361635.html

#Tories
#Labour
#Starmer
#PMQs
#ToryMortgagePenalty
#Mortgage
#Sunak
#ToryEconomicFailure
#Inflation
#InterestRates
#UK
#CherryPicking
#Brexit
#LibDems
#SNP
#NorthSea
#OilAndGas
#Licenses
#Reeves
#DoingLikeTheTories
#Cameron
#Osborne
#Mullin
#MiniBudget
#Truss
#Byrne

Whisper it, but Labour don’t have a plan to fix this Tory mess either

Clunky Keir Starmer spent PMQs trumpeting away at ‘the Tory mortgage penalty’ and moneybags Rishi Sunak, but for all his bluster the would-be PM is noticeably thin on ideas of his own, writes John Rentoul

The Independent
StavvyFeb 5, 2023

“Needless to say, it later emerged that the #minibudget was explicitly designed to force the #BoR to raise interest rates faster than it was by pushing up market interest rates further; to claim that they were not sent warnings that such a course of action would imperil financial stability is highly misleading and should be called out.” From #ThickLizzie to #LyingLizzie in one paragraph #toryliescostlives #torytraitors #erg #55TuftonStreet #PutinsToryPuppets #gtto

https://www.theguardian.com/politics/2023/feb/05/liz-truss-claim-not-warned-mini-budget-risks-economy-misleading

Liz Truss’s claim she was not warned about mini-budget risks ‘misleading’

Senior economists and ex-chancellor George Osborne round on former PM after she says Treasury officials raised no concerns

The Guardian
Adam Jacobs 🇺🇦Feb 5, 2023

It's *always* someone else's fault with this lot, isn't it?

#Truss #MiniBudget #Trumpian

https://www.bbc.co.uk/news/uk-64527252

Liz Truss: I was never given realistic chance to enact tax cuts

The ex-PM's comments are the first detailed remarks she has made since she was forced out of No 10.

BBC News
Show threadSue WDec 20, 2022
The impact of both #Brexit and the #MiniBudget are down to a #ConservativeParty hell bent on pandering to the more extreme right-wing views, not only from within the Conservative Party itself, but a minority of wealthy elites, using 'dark money' to campaign to mislead, lie and deliberately misinform sections of the voting public.
Sue WDec 20, 2022
#Brexit coupled with the #Covid pandemic proved to be the "perfect storm" that battered #Britain. Factor the #RussianUkrainianWar and the utter madness of #LizTruss #KwasiKwarteng #MiniBudget on top of that and the utter carnage for the country is all too obvious.