New chancellor Jeremy Hunt warns of tax rises and cuts to public spending

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Is time up for Liz Truss now that Trussanomics has been buried? ameliaajenne reports.

On his first full day in office, Chancellor Jeremy Hunt has admitted that “mistakes were made” in the government’s economic strategy. as he warned of “difficult decisions” to come, including some tax rises and cuts in public spending.

The Bank of England governor also warned that “inflationary pressures” mean there could be another hike in interest rates in the near future.

 

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ameliaajenne Chancellor !!!! All I see is another Chancer ready to bankrupt Britain

ameliaajenne Chancellor !!!! All I see is another Chancer ready to bankrupt Britain

ameliaajenne Diseasestruss!

ameliaajenne So... Did trussliz simply lie to us all then?

ameliaajenne Time's up for the whole damned Tory Party

ameliaajenne Hunt threatens to implement complete opposite to Truss ( upon which she was elected as leader by the membership ). Time for the people to decide who runs THEIR government and decides THEIR future

ameliaajenne Start with dumping Trident.

ameliaajenne Cuts to public spending means less growth though

ameliaajenne There was not ment to be any cuts to public services/spending.....ho_hum......

ameliaajenne Time is up for the Tories

ameliaajenne Why appoint a CX with no economic qualifications or experience and how does this appt. reassure the markets? Caretaker PM perhaps.

ameliaajenne Hopefully 🤞

ameliaajenne Well done Tories. You've united the UK in one way...now EVERY country in the redundant UK detests you and is desperate for a GeneralElectionNow Either way, we're aff. We've been warning you lot aboot Tories since the 1950s!! ScottishIndependence2023

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