Liz Truss admits 'disruption' to UK economy but stands by forecast-free mini-budget

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Prime Minister Liz Truss has for the first time acknowledged that 'there has been disruption' to the UK economy following last week's mini budget. Read more:

Truss: Right to 'take decisive action'and afterwards issued a statement saying they"made it clear they value its scrutiny".But Ms Truss did not accept that failing to commission a forecast last week had been a mistake.

"We are working together with the OBR. There will be an event on 23 November where the policies are fully analysed by the OBR, but it was a real priority to me to make sure we're working to help struggling families." But the prime minister declined to offer a guarantee that benefits would also rise in line with inflation, despite a pledge from Boris Johnson's government to do so.Ms Truss said the issue is"something that the work and pensions secretary is looking at, and she will make an announcement in due course, as is the normal practice for the autumn".

 

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It's our money not yours to give to the sodding rich... We have to pay our own money back with the payments you are in affect lending us . You haven't helped us at all.

Well why not just announce the energy plan in that case, don't believe anything you're told! They knew exactly what they were doing and they didn't need some analysis and budget to deter them

Why bother with any sort of analysis just shoot from he hip and hope for the best. Load. Fire. Aim.

Carry on … your committing hari kari… what a shambles your making of the economy..🫤😡

Do not push the Government fake narrative

The energy cap announcement was made before the Mini-Budget and the financial markets didn't flinch. This article is blatantly incorrect. Please amend accordingly.

BS the OBR offered to do a forecast to deliver along side the budget. The government refused as their policies aren't costed and are barking mad.

They put their heads together & managed to tank the £ in days with the mini-budget. Just wait until you see what happens with their family sized budget.

Perhaps they should have tried the windfall tax option? ... Hindsight is so 20/20

We now know perfectly well that this current govt. are now in a panic as they see with their own eyes what their actions have reduced the UK to! What is their next plan?

Reckless then and reckless again kwasinodough

I really don't mind who's next in charge but we all hope the next PM can't do any worse than Boris or Liz did. So if we don't have emergency general election. We could be stuck with Liz for another 2/3 years. Or if Putin goes through with his threats it won't matter will it.

Had they wished to respond rapidly they wouldn't have let the leadership contest drag on for as long as it did. I mean christ, they had a bonus 10 days off or whatever for the mournathon, perhaps they could have lifted a finger then.

He responded by crashing thd mortgage markets and destroying the pound. Well done KwasiKwarteng

Any government would have done something to offset the increased energy costs. However, Truss is making all of us pay for it instead of taxing the energy company windfalls. The markets were spooked by her stealing from the poor to give to the rich by borrowing again.

Despite her knowing months in advance the same as everyone else . They never responded rapidly and had to be dragged kicking and screaming

EVERYTHING that is now happening in the U.K. was predicted in this book ....

She's a fraud. General Election now. Britain can't afford Truss or her government.

ThickLizzie

But not because of it.

Fake news on MSM caused the disruption! Economy growing, not in recession, pound up, inflation less than EU!

No shit Sherlock!

I don't think she's very bright. Time to kick out all the Oxford educated Tory's like ThickLizzy A degree in philosophy? Give me strength. Thinking is clearly not her strong point. You just have to hear those car crash radio interviews to know that.

Look at that vacuity 🤔💭

“Some disruption” is when the replacement bus service is late, not when you screw the entire market killing mortgages, hammer the pound and forcing a 65B intervention from the Bank of England.

Surely a windfall tax would have been easier than a SIXTY FIVE BILLION POUND bail out from the Bank of England and a tour of local radio stations to avoid Nick Robinson and the scrutiny of the tax payer.

But it’s too blooming late for some people

All losses on the pound have been regained, put that little willy away Lefties, Liz isn't going anywhere

Not an acknowledgment that her actions have caused a huge rise in costs for families.

Resign!

Cheers Rupert

Lizz needs to lay off the eccies. discobiscuits ectos ecstasy DaftLimmy

As I’ve said.

Shut it you have no clue blue nose

David Frost at the Telegraph continues to be in denial:

Sly News...what a vile organisation.

It reminds me of the pilot saying that there will be 'a little turbulence'.

We can’t afford any more of your help trussliz . The energy price cap could have been paid for with a windfall tax rather than wracking up government debt. The possible increase in mortgage payments looks like dwarfing what would have been the increase in energy bills.

LiarTruss GeneralElectionNow 🌹

I don’t think she will be seen in No. 10 Downing St. after the General election

Rallies all over the country today, Saturday

She needs to stop funding Ukraine

Radio presenters were way better in asking the PM tough Questions...BBC and Sky are Tory lovers who are back off when politicians give them a bs answer. Well done to local radio stations..

Those dead eyes..

Like the nuke in Hiroshima was a ‘disruption’ to the smooth running of the city

The lazy are less productive relative to their peers, Yet still enjoy a very large welfare state and persist in thinking that the two are somehow compatible over the medium to long term.

She's quite brilliant at not even attempting to answer the question she's asked. She doesn't even need a question. Off she goes like an out of control wind-up doll.

Of course she can’t admit that there was an option of the wind fall tax. But she wouldn’t do it because of fundamentalist beliefs. Any normal, sensible, pragmatic person flexes their approach.

Funk off

Noticed how she doesn’t use the words price cap now since it’s been revealed there is no price cap

trussliz - you say you didn’t need to raise taxes but you then cut them for highest earners … idiot … you could windfall tax the energy companies buy you don’t … Idiot … you literally are an idiot

This is what happens when you lie on your CV...

If you look closely you can see the words going in one ear and out the other.

Why she’s chewing gum when giving interviews. Have some respect trussliz

Did they just vote for her? Did they not vet her first?

In blaming Russia (rather than accepting personal blame for her horrible decision making) she’s giving putin the credit he desires for destabilising western economies. Treachery, lies and weakness.

Has she accepted she needs to go along with her government? Get back to us when she has. Trussonomics KamiKwasi TorysCrashedTheEconomy GeneralElectionNow

45 million pounds for the conservative conference

All because they thought the public wouldnt vote for Richie

Should we be worried that it takes a week for our current Prime Minister to acknowledge plainly visible facts about the world?

Windfall tax would surely have been the more sensible way forward? Instead we’re all going to be screwed over on our mortgages. Cheers Liz 👍🏻

She is a liar

Millionaires in the UK *2,849,344 Billionaires in the UK *177 There are over *2'500 food banks in the UK and counting. And the corrupt Tories cut Taxes for ALL the rich...who basically dont need nor deserve tax cuts. GO FIGURE!

I’ve no doubt she’s made a mint during all this rubbish and she knows she won’t last 5 mins. She’ll be sitting pretty whilst everyone else is being buggered by an oversized cactus 😤

What a cold , heartless , evil lying piece of 💩. They waited for the prices to increase before “capping “ . This is a policy for the rich !

Not Journalists, they are activists and their focus is to unseat a government, they have utter contempt for you and your way of life ChampagneSocialists

Is she going to cry?

Conservatives always look after the Rich !

She could throw in the towel and cross the floor and join another party, like Goldilocks trying to find a comfy chair

Couple of weeks in and this much controversy there's no way she can survive and stay in post

Lying bint. they reduced tax for the wealthiest

Basic questioning could unpick this dribble. Media too scared to ask real questions for fear of being shut out. How horrid

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