Austerity Mark 2 ? - Chancellor Hunt - Liz Truss Era

BBC News - Live Blog: Reports the following in its 1.03pm post, " Spending cuts are coming, Hunt tells cabinet.....He is currently preparing tax hikes and spending reductions to be announced at the end of the month.  "

Lets Get Real:

This does feel like AUSTERITY PART 2, the furlough during has added four hundred billion to the UK's debt, and now the Chancellor stated yesterday that the gas price cap will only go up to April next year.  It has been postulated that the 3% increase in defence spending will be splashed, also what happens about April of next year, is the Government really going to allow the price that people pay for gas to go up in the thousands without helping, what about business, it looks like it's going to be very a COLD WINTER, and now Turkeys are under threat from bird flu, what good deed the UK do get this kind of mess on hour hands, 4 chancellors in four months, a PM in office but not in power.  The Country should expect some tough cuts, even the NHS and benefits might not rise with inflation, as that would cost a fortune.  It might be time for a LABOUR GOVERNMENT, never thought I would write those words. 

US says Iran is lying about kamikaze drones - Biden Era

The Hill: Reports " White House says Iran lying about selling kamikaze drones to Russia  " 

Lets Get Real:

If the US is know saying this about Iran, why in the hell are some in the Biden Administration and the liberal elite press still want to talk to them about their nuclear ambitions.  The Tehran Regime has shown by its violent action against protesters, that they are EVIL, there is no other word to describe them, if Biden bombed Iran tomorrow to stop them getting the bomb, in can be postulated that Tehran is near or has the BOMB already, they have refused to say why the UN found nuclear material on site that should not have it, the Tehran Regime has lied for years, this has been confirmed by Israel, and this blog would take the word of Israel's MOSSAD over the CIA and even the UK's MI6.  The question is what is the Biden Oval waiting for, it has a long term war in the Ukraine, and every day that the US does not act, Tehran will be close to getting the BOMB, if the US finds that Iran has the bomb in the future, the American people will blame President Biden, he has enough problems to deal with, Ukraine and THREAT of WW3, North Korea's threats to South Korea and other Asian Countries.  If Biden acted on Iran, then rest of the World might take notice of the US President, a great US President must know when to talk and carry a very big stick, Biden after Afghanistan is seen as a fool, but worse WEAK.  Iran is Biden's test case for the future of his Presidency. 

PM Truss does rear - guard PROTECTION - Liz Truss Era

Sky News - Live Blog: Reports in its 2.09pm post the following, " 'She's not going to go easily' - Liz Truss to meet with Euro-sceptic MPs tomorrow....Liz Truss is to meet with the Euro-sceptic European Research Group tomorrow afternoon.  "

Lets Get Real:

The PM is going to the right in the hope they will be more afraid of a REMAINER getting to be the new PM, let's recall the Northern Ireland Protocol Bill is still going through the Lords and also there are signs that Government might get a new deal with the EU after even the Irish said that the Protocol was to hard.  The question is what is more important to the right wing of the Conservative Party, Brexit or getting re-elected next time.  It's time for the PM to start taking teas with the backbench MPs, it has to be done.  The PM should argue that if the Conservative Party get rid of her, the Country will move like it did in 1992 and that lead to the Tony Blair Era and the Conservatives OUT OF POWER for 13 years.  It's time to be extra nice to MPs, appeal for their support based on the fear what Labour would do in power with SNP support, it's time to be put the Country first, and support the leader. 

New Chancellor DITCHES Truss Budget - Liz Truss Era/After Boris

BBC News - Live Blog: Reports the following on Chancellor Hunt's speech this morning, " ditches almost all of PM Liz Truss's tax cuts announced in the government's mini-budget three weeks ago....The basic rate of income tax will remain at 20p indefinitely.....The cap on energy prices charged to households is now only guaranteed until April next year,  "

Lets Get Real:

The Conservative Party is toast, this is like 1992 all over again, when Sir John Major's Government lost its economic control, then came 1997 and the placing of Tony Blair in 10 Downing Street.  The sorry excuse for a Government has two years before the next election, one can expect that Truss will be replaced, it will look like a farce, the Conservatives need a few years in Opposition, that will get rid of former Ministers and those who just like to rebel.  The new leader after 2024 needs to get a new Chief Whip in, someone who really scares MP's and gets them under control and understand they are not there because of their name or charisma, or lack of charisma, they are there because they have the Conservative symbol by their name.  The Conservatives in Opposition have to work out what they are for and against when it comes to the economy and stick to their agenda.  They also need to scrap the 1922 Committee, it has became far to powerful, it needs a new makeover, also the new Committee has to make sure its rules cannot be changed, ALL Governments in power for years start to lose support, you will always have MPs who are scared, they have to re - learn they are cannon fodder for voting, the top leads while the MPs follow orders. 

1p Cut in basic income tax, delayed in till 2023 - Liz Truss Era

Guardian - Live Blog Reports in its 6.28pm post the following, " Chancellor to 'delay 1p income tax reduction'.....The new chancellor Jeremy Hunt is set to delay a 1p cut in income tax to help plug a black hole in the public finances that had reached £72 billion, according to the Sunday Times.  "

Lets Get Real:

The RIGHT of the Conservative Party will not be happy, they have lost the 45p abolition and now they will have to wait a YEAR for the basic rate of tax to go down to 19p.   The only main part left in the mini budget in the gas cap for two years, that has to be kept or the Conservative Party is TOAST.   As noted in the Guardian, this was the policy of the former Chancellor Rishi Sunak, who ran against Truss in the Conservative Leadership contest, at this rate the Conservative MPs should make Sunak the next PM, what is the point of Truss, her Command of her MPs was never there, and now it is gone totally.  The question do the Conservatives DARE throw out another PM, they will look like fools after May, Johnson, Truss, the Conservatives are not thinking, they have allowed the MONEY MARKETS to scare them, have they not noticed the WAR in the Ukraine, we could be heading into WW3, and Conservative MPs play childish games!

Will the Defence Secretary RESIGN if there are CUTS in Defence Spending ? - Ukraine - Russian War - Liz Truss Era

Sky News - Live Blog: Reports in its 4.16pm post the following, " 

Defence Secretary Ben Wallace could resign if Jeremy Hunt scraps defence spending boost...

The UK's new chancellor has raised the possibility of ditching a key pledge by Liz Truss to boost defence spending - a move that would likely be a resigning matter for her defence secretary, Ben Wallace.  "

Lets Get Real:

The NEW Treasury Team have to understand that the MONEY MARKETS are important, but also preventing WORLD WAR 3, Liz Truss has promised increasing defence spending up to 3% by 2030.  The Russians are looking, the UK cannot look even more WEAK, the UK Government looks like a banana Republic, four PMs in a few years, and four Chancellors in 1 YEAR.  Whatever has to be cut, it cannot be DEFENCE spending, the Defence Secretary should hold the line, let's recall that Ben Wallace was a leading candidate to succeed PM Johnson, he must wish he had run now.   The Conservative right has to come out in support of defence spending, it's  too important to cut, a weak Government will give the wrong impression to the Kremlin, it could lead to a nuclear attack in the Ukraine and then World War 3.

The Agenda of the New Chancellor - Jeremy Hunt - Liz Truss Era/After Boris

BBC News: Reports " Chancellor warns of tax rises and squeeze on spending....Speaking to the Today programme, Jeremy Hunt said some taxes will go up, while government spending may need to fall.  "

Lets Get Real:

The UK has had four Chancellors in 1 year, the Mini Budget has been ripped up and Conservative Budget will be replaced by a orthodox Treasury Budget.  One hopes that the Gas cap will be kept for two years, and the basic rate of income tax will be kept at 19p in the pound and not the 20p before the Budget.  This Blog would not be shocked if WELFARE was CUT, the Johnson Administration promised that welfare would keep up with inflation, that might not happen, as we have inflation heading for 11%.  The NHS and Defence could take hits, this would backtrack on the PM's promise to increase defence spending by 3%.  Also other Departments can expect their budgets either to be CUT or no increase in their Budget for this year.  One can say that the Labour Party will keep calling for a General Election, in less some Conservative MPs have gone mad they will not vote for that, given the past few days, some might have lost the plot.  As to the future of the PM, one can say that in less she gets her ACT together, she will not be PM in a few months time, since her succession she has been a disaster in the job, even the King was depressed to she her. 

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