Division between UK PM and Chancellor over Brexit rewrite - After Boris/After Brexit

Guardian - Live Blog: Reports in its 3.09pm post the following, " The Telegraph’s Christopher Hope suggests Jeremy Hunt himself was the source of the Sunday Times story saying the government wanted a Swiss-style relationship with the EU.  "

Lets Get Real:

Thus we have the allegation that it was the Chancellor pusing for a Swiss - style relationship with the EU, the TREASURY agenda is to get us back in to the EU, they were firmly in the REMAIN CAMP with their scare stories in the 2016 vote, and they are using the after effects of COVID - 19 and the WAR IN THE UKRAINE as a diversion to get us back in to the EU.  UK recent political history is full of rows between the No 10 and No 11.  The PM if he wants to keep the loyalty of the right of the Conservative Party needs to have a word with his Chancellor, the PM can't sack him, it would make the UK look MAD as  HATTER to have gone through a few Chancellors in the last few months, 3 at the last count if I recall, when Sunak resigned, he was replaced by PM Boris, after Liz Truss was elected she had a new Chancellor, and finally Sunak has placed Jeremy Hunt at No 11.  If there are rows between both me, it should be done behind close doors, otherwise the media will run with the story that the Government is falling apart.  Sunak is not my favourite PM, he backstabbed Boris, but he should be given a chance, if nothing else the economy needs stability.  Thus UK population has a HARD WINTER coming, in economic terms, thus they should expect stability in Government or the Conservatives might as well hand power to Sir Keir Starmer. 

Will the Mini Budget be Scrapped ? - Liz Truss Era/After Boris

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.  

A Major U - Turn on Tax by the Truss Government - Liz Truss Era

BBC News: Reports on the decision not to abolish the 45p tax rate and the political ramifications, " So what state is the government in this morning? Battered and bruised? Definitely humiliated? Probably. Unable to recover? Some Tories think so, but time will tell.  "

Lets Get Real:

This was a major U - Turn by PM Liz Truss, the great Lady T would never have done this kind of U - TURN, but then the late PM was more careful, she had to put up with the WETS in her Cabinet for a few years, and she was sure of the loyalty of a FEW.  This is not the POLL TAX, and a week is a long time in politics, and the Government can come back if it gets PR operation in better shape, also the Chief Whip needs to get his/her whip out to make sure backbench MPs are loyal to the Party, names should be taken who have rebelled, also a warning to the new ones, that disloyal MPs do not get Government jobs or favours.  Liz Truss has lost one of her political lives, she has to be careful, there is a general election in two years time.  Also there is a warning that during the winter we could face power cuts, it would be like 1978 ALL OVER AGAIN.  After the Party the Conference the PM has to get her ship on the right course, otherwise we face a Labour Government in 2024.

No U - Turn of the Mini Budget - UK Treasury

This blog is not an economist - 

Sky News - Live Blog: Reports in its 3.45pm post the following, " No 'reversal of policy' and chancellor won't quit - Treasury stands firm on mini-budget....There "won't be any reversal of policy" when it comes to measures announced in last week's mini-budget, a Treasury source has told political editor Beth Rigby..."

Lets Get Real:

A new Conservative Government does a actual Conservative Budget and the City goes bonkers, the Liz Truss Campaign for leadership promised reform to the economy, well the new PM has followed through, cut taxes that allow the economy to grow. Conservative MPs got rid of Boris, they cannot get rid of Liz Truss after a few weeks, the Party would never recover, those new MPs from the 2019 intake, really have to calm down, and those that supported the former Chancellor have to accept the FACT that he lost and and any new leadership contest would make sure the Party would not get re - elected in 2024.  These new MPs would have not lasted long in the early years of the Thatcher Government, they are always rebelling over something, how are these people picked, they have NO balls to be very honest.  The PM and the Chancellor should carry on, they are doing what they were elected to do, reform the UK Economy, that takes TIME, the Bank of England can buy UK Bonds to calm down the Market, what would have Lady Thatcher have said!!