Mini-budget: Liz Truss takes 'huge political risk' in borrowing spree

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Published 2022-09-23
Sky's Beth Rigby reflects on Liz Truss's mini-budget which has made many MPs nervous - including those within her own party.

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All Comments (21)
  • @malfy8369
    The contempt for everyday British citizens is truly shocking.
  • What happened to labours debt of 300bn in 2006 being totally unacceptable? We are now heading for 2300bn !
  • @timdyer5903
    Liz Truss has thrown Britain and 99% of Britons under the bus. Crushing.
  • Insanity. Absolute insanity. This is a cruel, morally corrupt, betrayal. They've betrayed us. We should never forgive this
  • @femazik
    she is obviously risking our lives, not hers
  • @johnjames6553
    Truss promised Shock And Awe yet delivered Mock The Poor
  • @bronx3522
    Men are divorced for gambling like this. It is pure insanity! Even if it does ecentually work it's still insane!
  • @samantha_t99
    Lost £500 this month due to tax and only make £20k a year. No point in working.
  • @RanDumbGuy78
    Mini budget for the rich. Everyone will be dead at this rate
  • The media are going so ridiculously easy on them. I wonder why???
  • @1lovefootball
    UK is currently trading similar to an emerging market economy it is unusual for a developed economy to weaken at the same time as yields jumped to the highest point in over 35 years
  • Massive tax cuts for the wealthiest? She should come to the US as a Republican. The GQP loves that kind of legislation in Trumpland.
  • @PtolemyJones
    Really a question of how much of that borrowed money can work it's way into her pockets and those of her owners.
  • The projected growth in the economy from the tax cuts will not generate any further growth. i) Growth of an economy requires productivity. ii) Productivity require lower energy costs, innovation, investment and good working conditions for worker moral. Doomed to failure for those in the real world. Instead it just create further higher inflation, stagnation, resentment and industrial disputes.
  • @DecMurphy
    They're obsessed with growth, that's all that matters to them, numbers on a spreadsheet. When do they ever actually do anything useful with their money? Anything that benefits people's lives? All they do is serve their own interests while making our lives harder.
  • @crm2507777
    Roll on 2024 when we won’t have to put up with the Tories anymore
  • @simmysims9209
    Leveling up didn't happen but maybe burning down will do.