Crikey that's worrying.
Because it's so near the truth.

The word on the street is that she will resign sometime this week or face the humiliation of being kicked out


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The chancellor is to fast track to today many billions of pounds worth of tax and spending measures from the debt plan, announcing them a fortnight earlier than expected.

It is the second time the date of further details have been brought forward, and it will be the latest in an abrupt series of U-turns on the policies announced in the mini-budget just over three weeks ago. Pulling the announcements forward from the planned 31 October date of the medium term fiscal strategy is designed to help reassure jittery markets before they open here this morning.

The announcement of the £18bn U-turn on corporation tax on Friday, and the firing of former chancellor Kwasi Kwarteng, did not calm rising UK government borrowing costs.

Yesterday, new Chancellor Jeremy Hunt told the BBC that nothing was off the table. Announcements by lunchtime and then a statement to the House of Commons will see many billions more in reversals of policy, to plug a hole in borrowing forecasts worth tens of billions.

The delay of the plan to cut the basic rate of income tax to 19p in April is widely expected. The cut to National Insurance is expected to survive, as it has already very nearly passed through Parliament. More clarity on the extent of savings in public sector spending could also be on the cards.

The Treasury has just confirmed that the measures brought forward from the debt plan “will support fiscal sustainability”.

Markets will reopen shortly in the UK without support from Bank of England emergency purchases of government borrowing. This will be a key test. Today’s moves, which could amount to a significant fiscal event in and of itself, is designed to reinject market confidence.

Burley you fool
going outside Downing Street in the Rain
is dumb.

[The chancellor is to fast track to today many
billions of pounds worth of tax and spending
measures from the debt plan,
announcing them a fortnight earlier than expected.]


Yes Live in Parliament
New Fiscal Statement at 11AM

will it save Truss? So many mp's didnt want her in the first place, i can't see it

Works and Pension MP
Chloe Smith.

Was to be the Government Minister
on TV and Radio
but Downing Street
cancelled her.


GMBHD itv

i think Jeremy is the only authorised spokesperson at the moment

She can’t survive

Difficult to see a raft of spending cuts increasing her popularity either inside the party or outside of it even if 'the markets' like it

£1 to the Dollar now at $1:13

So it went up a cent.

This surely cannot save her.
Kwarteng after all was only doing what she promised the Con members she would do.

If this is all ripped up just about now, how has Truss a shred of credibility left.

Hunt must think Christmas has come really early for him now.
He looks more competent but he's a one for really bad decisions too.
As Health secretary he was disgraceful in his treatment of the junior Doctors.
2 of my cousins were junior Doctors and went abroad because of that farce.

He was a terrible Health secretary.

However of course he needs to set out to stabilise the markets but again they shouldn't have been spooked in the first place.
By the Truss policies.
Plus the damage done by them.

So how can or should this save her.
She's absolutely hopeless and completely untrustworthy .

For me as a Labour supporter it would be the best thing to have her left in place.
For the UK as a whole however, no, if he's ripplng up her and Kwarteng's plans.
She should be out too.

What total incompetence however all round this has turned out to be.

"He was a terrible Health secretary."


Yes, but that is all in the past.

At least after getting advice,
he has got rid of the delay of Oct. 31st
and doing it today
first in Parliament 11AM

Then around 3PM on TV news,

Improving the Market Live

She has no mandate, because she has not delivered what she promised she would to the members who voted for her. If I was Sunak now I would be shouting very loudly that she is PM under false pretences. She has basically deceived those who voted for her. How can that possibly be sustainable

Correct.
That is her only position now.

Honestly I watched again that press conference on Friday and I really haven't so far in my lifetime, seen a more worrying and cringeworthy appearance from any PM like it.

So Far 3 Back Benchers
want Truss out.

Crispin Blunt MP
Jamie Wallis MP
Andrew Bridgen MP