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Green Cockade View Drop Down
Liam Brady
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Points: 2674 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Green Cockade Quote  Post ReplyReply Direct Link To This Post Posted: 03 Aug 2022 at 10:32pm
So is the Daily Mail but interestingly the Murdoch press backed Badenoch. The days of newspapers deciding general elections ( “ It was the Sun wot won it” ) are over in the age of the internet but the Tory press will still be a factor for the next PM given the very narrow blinkered electorate that makes up the membership of the Conservative party. It will all end in tears.
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Points: 42907 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Double Maxim Quote  Post ReplyReply Direct Link To This Post Posted: 05 Aug 2022 at 3:48am
Originally posted by Slow & Blind Slow & Blind wrote:

They are asking 120k old, right-wing Brits to choose between a person with white skin and a person with brown skin, I'm expecting a massive victory for Truss. 

It's a no brainer for those feckers.
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Points: 14959 		Post Options Post Options   Thanks (0) Thanks(0)   Quote colemanY2K Quote  Post ReplyReply Direct Link To This Post Posted: 22 Aug 2022 at 5:21pm
UK inflation to hit 18.6% next year according to Citi Wacko

UK inflation is on course to hit 18.6 per cent in January — the highest peak in almost half a century — because of soaring wholesale gas prices, according to a new forecast from Citigroup based on the latest market prices.

The investment bank predicted that the country’s retail energy price cap — which limits how much households pay for heating and electricity — would be raised to £4,567 in January and then £5,816 in April, compared with the current level of £1,971 a year. It added that the shifts would lead to inflation “entering the stratosphere”.

“We now expect CPI inflation to peak at over 18 per cent in January,” said Benjamin Nabarro, chief UK economist at Citi. That would be higher than the peak of inflation after the second Opec oil shock of 1979 when CPI reached 17.8 per cent, according to estimates from the Office for National Statistics.

Such a rate of inflation would squeeze household incomes hard and further push the UK economy into recession, but Nabarro said the scale of the likely inflation would push the Bank of England to tighten monetary policy further.

UK and European wholesale natural gas prices are already trading at close to 10 times normal levels and other forecasters have also raised their inflation predictions.

Goldman Sachs and EY said they expected an inflation rate of at least 15 per cent around the start of next year and the Bank of England said this month that inflation would exceed 13 per cent towards the end of the year.

The energy regulator Ofgem will on Friday announce the energy price cap for the period between October and January, which most analysts expect to rise to more than £3,500 for a household with average usage of energy — an increase of 75 per cent on current levels.

Based on the latest wholesale costs, Citi expects a higher figure for the fourth quarter of £3,717 with forecasts for 2023 looking to be “substantially greater”.

Nabarro said Citi’s new forecasts had taken account of a 25 per cent increase in wholesale gas prices last week and a 7 per cent rise in wholesale electricity prices.

“Even with the economy softening, last week’s data reaffirmed the continued risk of pass through from headline inflation into wage and domestic price setting could accelerate,” he said.

The rate of inflation has exceeded expectations in most months of this year as price rises have spread through the economy. The ONS said it stood at 10.1 per cent in July, the highest level in more than 40 years and the highest rate among G7 countries.

With the energy squeeze likely to intensify, the candidates for the Conservative party leadership have focused their fire on each other’s plans to support households ahead of Ofgem’s announcement on Friday.

Allies of Liz Truss, the frontrunner, said she was likely to introduce a package of support alongside tax cuts in an emergency Budget in September and that would not be accompanied by independent economic forecasts from the Office for Budget Responsibility because it would be a limited event.

Her rival Rishi Sunak’s team has criticised this approach, saying, “Truss cannot deliver a support package as well as come good on £50bn worth of unfunded, permanent tax cuts in one go”.



Edited by colemanY2K - 22 Aug 2022 at 5:21pm
"One of the dominant facts in English life during the past three quarters of a century has been the decay of ability in the ruling class." Orwell, 1942.
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Liam Brady
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Points: 1036 		Post Options Post Options   Thanks (0) Thanks(0)   Quote notpropaganda73 Quote  Post ReplyReply Direct Link To This Post Posted: 07 Sep 2022 at 9:28am
pretty mad to see the likes of Johnson and Patel being booted out and thinking whoever comes in is gonna be worse
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Green Cockade View Drop Down
Liam Brady
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Points: 2674 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Green Cockade Quote  Post ReplyReply Direct Link To This Post Posted: 07 Sep 2022 at 12:51pm
Mad Nad is gone as well, Bojo will give her a seat in the Lords. Truss is awful, she has appointed only cronies and lickspittles to Cabinet posts and will have a majority of her own MPs against her and ready to rip her up when opportunity arises as it inevitably will. She also has a low support base compared with other Tory leaders elected by the membership and is widely regarded as an incoherent muppet by the wider electorate. Joe Biden has already given her a warning about her attitude to Ireland and the EU. Matter of time before this rabble of incompetents goes down in flames.
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Liam Brady
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Points: 1028 		Post Options Post Options   Thanks (0) Thanks(0)   Quote B6 6HE Quote  Post ReplyReply Direct Link To This Post Posted: 07 Sep 2022 at 1:25pm

Ms. Truss is an attractive looking lady.

Has had an affair previously. 
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Robbie Keane
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Points: 42907 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Double Maxim Quote  Post ReplyReply Direct Link To This Post Posted: 07 Sep 2022 at 2:36pm
Their education sums them up and its why they are out of touch with the working class.




How representative is Liz Truss’s cabinet of the UK population? New PM has appointed a team that is historically inclusive in some regards. But how well does it represent the population it will ...
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#TEAMJAVIER #ENGANCHE

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Points: 34858 		Post Options Post Options   Thanks (0) Thanks(0)   Quote RogerMilla Quote  Post ReplyReply Direct Link To This Post Posted: 07 Sep 2022 at 2:47pm
Originally posted by Green Cockade Green Cockade wrote:

Mad Nad is gone as well, Bojo will give her a seat in the Lords. .

Some journey from Mayo to the house of lords 
The first time the Devil made me do it. The second time I did it on my own.
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Points: 16138 		Post Options Post Options   Thanks (0) Thanks(0)   Quote 9fingers Quote  Post ReplyReply Direct Link To This Post Posted: 26 Sep 2022 at 11:20am
Liz & Kwasi have crashed the pound LOL talk of letters of no confidence doing the rounds already. 
One thing you can be sure of is the Tories personal finances will have benefited from this development 
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Points: 2674 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Green Cockade Quote  Post ReplyReply Direct Link To This Post Posted: 26 Sep 2022 at 1:26pm
Godsend for the hedge funds. Clown car of a Cabinet.
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Roy Keane
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Points: 14959 		Post Options Post Options   Thanks (0) Thanks(0)   Quote colemanY2K Quote  Post ReplyReply Direct Link To This Post Posted: 26 Sep 2022 at 6:58pm
Numerous banks have this evening have stopped offering mortgages including Halifax the UK's largest mortgage lender.  Housing crash here we come.


Edited by colemanY2K - 26 Sep 2022 at 7:02pm
"One of the dominant facts in English life during the past three quarters of a century has been the decay of ability in the ruling class." Orwell, 1942.
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Roy Keane
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Points: 14959 		Post Options Post Options   Thanks (0) Thanks(0)   Quote colemanY2K Quote  Post ReplyReply Direct Link To This Post Posted: 28 Sep 2022 at 1:08am
The IMF has released a statement this evening urging the British government to reverse course, in addition Janet Yellen the US treasury secretary stated this evening they are keeping an eye on developments in the UK. The fear is the UK crisis will spread.

Way to go Liz Clown


Edited by colemanY2K - 28 Sep 2022 at 1:09am
"One of the dominant facts in English life during the past three quarters of a century has been the decay of ability in the ruling class." Orwell, 1942.
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Borussia View Drop Down
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Points: 10702 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Borussia Quote  Post ReplyReply Direct Link To This Post Posted: 29 Sep 2022 at 10:17am
Truss finally comes out of her bunker and does a round of interviews on BBC local stations where she is being destroyed. If this wasn't going to completely ruin people this would actually be funny.
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Originally posted by Borussia Borussia wrote:

Truss finally comes out of her bunker and does a round of interviews on BBC local stations where she is being destroyed. If this wasn't going to completely ruin people this would actually be funny.
I heard 2 clips and 1 in particular about fracking in Yorkshire was hilariously bad. She’s in way way over her head
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Originally posted by 9fingers 9fingers wrote:

Originally posted by Borussia Borussia wrote:

Truss finally comes out of her bunker and does a round of interviews on BBC local stations where she is being destroyed. If this wasn't going to completely ruin people this would actually be funny.
I heard 2 clips and 1 in particular about fracking in Yorkshire was hilariously bad. She’s in way way over her head
And that was after her purposely avoiding all the national stations where she thought there'd be tougher interviews.
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Liam Brady
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Points: 2674 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Green Cockade Quote  Post ReplyReply Direct Link To This Post Posted: 29 Sep 2022 at 12:30pm
She’s reading off prepared scripts, hence the silences before she trots out the “ line to take” and not answering the question. Fair play to the local radio hosts who are not throwing her softballs. She and Kwarteng should go back into hiding. I don’t know how they get out of this self-inflicted horror show. Conservative Party conference next week should be good for a laugh but the chaos will continue as will the consequences of their insane behaviour.
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Points: 37950 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Denis Irwin Quote  Post ReplyReply Direct Link To This Post Posted: 29 Sep 2022 at 5:57pm
 Thirty Three point lead for Labour in latest YouGov poll. Taken yesterday and today
Eamonn Dunphy:"I'll tell you who wrote it, Rod Liddle, he's the guy who ran away and left his wife for a young one".

Bill O'Herlihy: Ah ye can't be saying that now Eamonn
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Points: 42907 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Double Maxim Quote  Post ReplyReply Direct Link To This Post Posted: 29 Sep 2022 at 6:09pm
Originally posted by Denis Irwin Denis Irwin wrote:

 Thirty Three point lead for Labour in latest YouGov poll. Taken yesterday and today
 

If only the general election was imminent and not two years away. 
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