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Liz Truss
Liz Truss's Disastrous "Mini Budget" cost the UK a staggering ..£30bn..
The Truss Govt was responsible for half of the £60bn that Jeremy Hunt will have to tackle in the Autumn statement .It is estimated that in her 44 day premiership £20bn was blown by Truss and her Chancellor on unfunded cuts to NI & stamp duty etc . and another £10bn added by higher interest rates and Govt borrowing costs as the marker reacted on the cost of ......Trussonomics.....
The Truss Govt was responsible for half of the £60bn that Jeremy Hunt will have to tackle in the Autumn statement .It is estimated that in her 44 day premiership £20bn was blown by Truss and her Chancellor on unfunded cuts to NI & stamp duty etc . and another £10bn added by higher interest rates and Govt borrowing costs as the marker reacted on the cost of ......Trussonomics.....
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Your reasoning, Gully, or lack of it as to what has actually been spent and what is projected demonstrates that both you and the Government are masters of the 'smoke and mirrors' that NJ refers too. Why don't you stand for a seat in Parliament as a Labourite or Communist - but then you don't live in this country and, I suspect, real world.
// war in Ukraine has caused energy prices to increase enormously.//
Before the Ukrainian conflict, UK dependency on imported Russian gas was 4 to 5%. Some OPs will therefore find it difficult to comprehend why a relatively small % of British total energy consumption has caused some energy tariffs to quadruple in price.
This government has been seen to act by raising the energy price cap and providing monetary subsidies. Rightly so!
The explanation why the UK is faced with huge energy costs, cannot be understood, when wholesale global market prices, a major factor, has been omitted.
Before the Ukrainian conflict, UK dependency on imported Russian gas was 4 to 5%. Some OPs will therefore find it difficult to comprehend why a relatively small % of British total energy consumption has caused some energy tariffs to quadruple in price.
This government has been seen to act by raising the energy price cap and providing monetary subsidies. Rightly so!
The explanation why the UK is faced with huge energy costs, cannot be understood, when wholesale global market prices, a major factor, has been omitted.
