OV9

Cabinet Ministers are now apparently saying they were misled by Reeves.

Perhaps they've been reading too much Tory press!

I sense a resignation on the way.. We just need Kier to declare his full support for Reeves, then she can be immediately removed.

The point of the 'black hole not being as bad as feared' is a massive misrepresentation of the situation. She's being accused of falsifying it entirely and actually had a surplus.

Is that Tory propaganda (despite being reported by all outlets) or burying your head in the sand making excuses?

I'm just looking at published articles from the day of the budget and not finding anything that calls for her resignation. All the fury appears to be directed at the OBR itself.

Who was calling for her resignation due to the OBR releasing the budget early?

Looks like she wasn’t entirely honest about the size of her gaping black hole :(


I've not read about this fully yet, but it looks like the 'black hole' was either greatly exaggerated, or, completely invented by Reeves so she could justify breaking their manifesto commitments to not raise tax ...

So that's what a 'I will not come back looking for more taxes' tax raising budget looks like :D

Little worried that we'll get more of the same next year and beyond - even the slightest instability in global affairs will be leapt upon as justification for the wheels inevitably falling off ...

Awesome. Would love to see a resurgence of the small car. Renault are nailing it at the mo.

Oh dear

https://www.bbc.co.uk/news/live/c5ylvz217ept

Probably an unpopular opinion but having watched her speech in full and her interview with Andrew Marr, I felt a bit sorry for Reeves, even if she is going to fuck us all in a few weeks time.

She painted herself into a corner and is going to be forced into a most humiliating U-turn which could have ...

800,000 more people unemployed due to sickness at the moment than in 2019 was quoted earlier on the radio. Insane


Absolutely nuts. And it's going to increase sharply by the end of the decade.

I think a big issue is the public's perception of the system. It's gone from being a safety net ...

Saw this earlier, made me chuckle

There is a danger of people reading too much into things but then again all of that speech would have been worded very carefully so perhaps not...

There was a former member of the MPC (up until last year) on the BBC straight after the speech this morning that was very illuminating. He pointed out ...

Leaving the budget this late was a mistake, now they have weeks of rumours about tax rises to contend with. All the while the uncertainty can’t help the economy. Whole speech today was frankly pointless unless.


Agreed, and the fact she even had to call this speech was ridiculous and testament ...

Also cant see this doing much for revenue growth as consumers will surely become increasingly conscious of their reduction in spending power, thus contributing to the deficit further with lower tax receipts.


Traders looking at the BoE's next rate move agree as they're predicting a further ...

Basically confirmed then. A highly significant pledge broken, and obviously not her fault at all and they should be exonerated all of responsibility.

She has dug her own grave; the myriad speeches she and Kier gave saying they wouldn't come looking come looking for more in taxes, has completely ...

Ok, they made pledges and said they had a fully costed plan and wouldn't increase tax. They didn't have a fully costed plan, blamed the Tories, and increased tax. So lies. They're also likely to come looking for more tax that will further break their own pledges. So potentially more lies. They ...

Ok, swap lies for incompetence. I'm sure there have been lies, but it's difficult to substantiate, unless you want to count Starmer's complete U-turn on his entire political viewpoint... And her upcoming budget will surely be featuring a broken pledges, which amount to lies, IMO.

The gifts scandal ...

You mean, the same resources we essentially share with Norway, who does use it, and sells the energy to us while throwing the cash into their sovereign wealth fund?

The current system is obviously unsustainable.

We have a shrinking full-time working base, but a massively increasing welfare state and a rapidly aging population. Growth is non existent and public services are creaking under the pressure.

I don't know what the answer is but it's obvious this ...

Yeah, the lying is just outrageous at this point and Reeves has made a fool of herself. The entire party is chaotic and completely lacking in direction.

The increasing tax on working people feels especially egregious as they harped on and on about not doing it.

I know what it's like - I'm one of ...