Sky News - Live Blog: Reports the following in its 3.08pm post, " Cabinet minister refuses to answer questions on budget U-turns....Chloe Smith, the work and pensions secretary, has declined to answer questions on possible further U-turns on the government's mini-budget. "
Lets Get Real:
The dream might have died, a real Conservative Budget could be binned, the City, has decided that the sums do not add up, thus the price of Government bonds are going up, why we trust the City after the near economic collapse during PM Gordon Brown's time in office, is any ones guess. The World is suffering from post COVID - 19 lockdown, but more important is the WAR in the Ukraine, the Western sanctions on Russia and on its GAS means that the price of OIL and GAS is going up, inflation in the US is now at 8.2, that means interest rates will have to go up, they were far to low for YEARS, people have gotten used to an easy life, and low mortgagee, that time has come to an end, people must be more careful with their money, the Government should CUT WELFARE, try saying that NOW, the UK's furlough has cost hundred of billions, and the cap on energy prices for two years just adds to the national debt. The West must act in unison, even the EU, otherwise the people of the West will suffer.
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