DOOM: Sterling

[AtW]

Best Govt in recent times!

They just need to un**** ER or bring back Taper Relief (uncapped) and Britain will be open for business!

[SueEllen]

Best Govt in recent times!

They just need to un**** ER or bring back Taper Relief (uncapped) and Britain will be open for business!

Loadsamoney!

[AtW]

Yeah for one year till Labour comes in and bring back massive tax increases

[SueEllen]

Yeah for one year till Labour comes in and bring back massive tax increases

As I said in the other thread -

[BlasterBates]

Well that was one hell of a budget causing the not only the European markets but also the US market to crash.

[DealorNoDeal]

Next MPC meeting isn't until November but I can see there being an emergency rate hike before then.

Markets are now pricing in 5.5% for next year.

Well done Truss & Co.

I was glad to see the fall of Johnson but perhaps it's a case of be careful what you wish for and better the devil you know.

[SueEllen]

Well that was one hell of a budget causing the not only the European markets but also the US market to crash.

$1.09

Now what major things are priced in dollars - oil, gas,...

Torygraph not happy with budget. They and others are comparing it to Barber's 1972 budget.

[SueEllen]

Well done Truss & Co.

I was glad to see the fall of Johnson but perhaps it's a case of be careful what you wish for and better the devil you know.

I guess if they can make themselves richer within 2 years if doesn't matter if they lose the next election.

[WTFH]

It’s like 1972 all over again.
1. Tory government cuts taxes to boost the economy.
2. Only the wealthy benefit.
3. The poor suffer
4. Workers go on strike
5. For the next 50+ years, the right wing faithful forget about 1972, 1973, etc, and say that every single problem was the fault of Labour in 1974.

[SueEllen]

It’s like 1972 all over again.
1. Tory government cuts taxes to boost the economy.
2. Only the wealthy benefit.
3. The poor suffer
4. Workers go on strike
5. For the next 50+ years, the right wing faithful forget about 1972, 1973, etc, and say that every single problem was the fault of Labour in 1974.

Do we get a Thatcher in 1979?

And a war against some random British Island a few years later?