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The Liz Truss thread . . .

Roger · 30 · 1188

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Online jivvy

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Liz Truss resigns as prime minister becoming shortest serving UK PM

Thu, 20 October 2022 at 7:36 pm

Liz Truss resigns as PM after just 45 days in Downing Street

Liz Truss has confirmed she is resigning as prime minister after 45 days in office, becoming the shortest serving PM in UK history.

Truss has faced calls to quit over the disastrous fallout from her mini-budget, with pressure ramping up ever since following a series of screeching U-turns that saw party unity disintegrate.

In a brief statement outside Downing Street, Truss said: "I recognise… given the situation I cannot deliver the mandate on which I was elected by the Conservative Party.”

She confirmed she had spoken to the King in order to inform him that she was stepping down.

Her successor will be chosen within a week, though no details as to the process have yet been given.
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Online Roger

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The deficit of tax receipts to settle Govt spending has just been announced for September, being GBP20 billion, (5 billion more than the OBR forecast for September). It's always hard to get one's head around figures of this size . . . but I make that around GBP3,000 per head of UK population. In one month. How the hell can that be sustained . . . . ?

I guess that shows why the markets were so spooked by the barmy plans of Truss and Kwarteng.

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Spending per head of population by the Govt was about GBP 3,000 per head (GBP 36,000 p.a.) in the one month of September - even the OBR set it at GBP 2,250 per head. To have been proposing an extra GBP 45,000,000,000 p.a. on top of that rate of increasing debts - no wonder the market baulked at it.

At a rate of extra borrowing per head of population of GBP 36,000 per head p.a., that's more than many people earn ?

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OMG   ;)

''If you can't explain it simply, you don't understand it well enough'' - Albert Einstein


Online jivvy

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"At a rate of extra borrowing per head of population of GBP 36,000 per head p.a., that's more than many people earn ?"

It has to cover:
The Unemployed
The workshy
The immigrants.( legai and illegal)
The moonlighters on benifit
etc..etc..etc
certainly not to help and assist pensioners, especially those of us on frozen pensions
One should never do wrong in return, nor mistreat any man, no matter how one has been mistreated by him.”
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Online Roger

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Jivvy I see where you are coming from. I am sure I heard a Politician say yesterday that there were 9 million people of working age NOT in employment atm - that seems astounding - (I'll try to find the source for that).

I see Rishi Sunak is now reported as reaching 100 votes - I'm hoping the others fall short so Sunak goes through without the Members having to vote at all. Perhaps BJ might be Foreign Secretary in an RS Govt? (that's not to forget that BJ has yet to face those charges of misleading the H of C so he is still in the mire).

Just absorbed the details of this Leadership run - IF there is more than one candidate with 100+ MP votes the MP's get an 'indicative' (meaningless) vote and after 'hustings', the Tory Members vote. What b*llocks that is ! After all, that went well last time didn't it ? OMG

Good to see the Tories are learning from their mistakes . . . NOT !
''If you can't explain it simply, you don't understand it well enough'' - Albert Einstein


Online caller

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I am hoping Sunak takes over.  It will certainly calm the hysteria.


Online Roger

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I agree Caller - let's hope Johnson doesn't get to 100 so it's all over on Monday  ::)
''If you can't explain it simply, you don't understand it well enough'' - Albert Einstein


Online jivvy

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Found this
One should never do wrong in return, nor mistreat any man, no matter how one has been mistreated by him.”
- Socrates


Offline Alfie

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Boris Johnson shouldn't be allowed to stand, neither should Suella Braverman. Gove and Hunt have both said they won't stand. It seems to me that Rishi Sunak is the obvious choice to replace Truss.


Online Roger

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Jivvy thanks for the cartoon and you are not alone in your feelings.

It drives me quite mad that illegal immigration continues without any effective action.

Alfie it's Sunak as you say so let's see what the Sunak Govt can do   ::)

Now loony Liz has been moved out, I guess this thread will soon fade . . . .
« Last Edit: October 24, 2022, 07:15:49 AM by Roger »
''If you can't explain it simply, you don't understand it well enough'' - Albert Einstein


Online Roger

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I'm sure Brits have noticed KK emerging at last in the media today, reporting that prior to the minibudget, he told Truss that she was 'going too fast'. Nice try KK.

BUT you were Chancellor and you should have resigned when she refused your advice. That is, rather than going on to announce the Budget as if it was your own, you know, as Chancellor.

What crap this Govt has served up this year. Now come on Rishi - I have some faith in YOU.

''If you can't explain it simply, you don't understand it well enough'' - Albert Einstein