Work in private practice? Take the RollOnFriday Best Law Firms to Work At 2023 survey

🚨🚨Truss 45p U-turn! 🚨🚨

Heh

LIZ TRUSS IS MADE OF STERNER STUFF AND IS NOT GOING TO HAVE HER AGENDA DERAILED BY A FEW WOKIST TRANSEXUAL WAVERERS IN THE CURRENCY AND BOND MARKETS!!

FIZZ WITH LIZ!!

HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA 

😂😂😂😂

😂😂

😂😂😂😂😂😂😂

hanners, elfffi, clubman, iamthesucker/bradders/playftse4me/lolz, ur bois have taken 1 helluva beating!

I was looking forward to seeing the reenactment of the ladies not for turning speech risky, and fizz with liz mucking up the timing unlike Maggie and tumble weed across the conference hall.

LIZ TRUSS IS A GREAT PRIME MINISTER AND SHE WILL NOT BE SWAYED FROM HER COURSE OF DOING WHAT IS RIGHT FOR THIS GREAT NATION!!

AND REMEMBER, THE ADDITIONAL TAX CUTS THAT SHE IS GOING TO BORROW MONEY TO INVEST IN WILL TRICKLE DOWN!!

Tory cucks have been cucked double by the Tories, making them Tory cuck cucks

Risky, how does it feel?

WIPLASH LIZ!

 

This won't even stop the rot. The policy was simply terrible but the fact that they hadn't costed it, refused to engage with OBR and latterly decided to pay for millionaire tax breaks with cutting public services (also uncoated) just shows how empty and lacking they both are. This is why we need elections. She campaigned on throw away red meat pleasers without consequences. Guess what... Reality is a tougher place to live in.  

I’ll take silence as confirmation re the tax strategies ;)

Speaking of silence, you never did answer the question on what regulation harms employees after your own goal DNA ref, Risky.

Speaking if idiocy, you didn't give an example of a regulation though Risky.  You ran away from the thread when it became evident you'd even got your attempt to be literary wrong. 

Weird that she didn’t even discuss the tax cut with her self-selected cabinet beforehand.

Staggering political incompetence.

Liz truss is clearly not a leader buffeted by events……

obviously based on an earlier memo from conservative central office.

I answered clearly and have done so on the other thread Orwell. Your subsequent posts are the standard ‘give me an example. Oh - not that example!’

TBF, it's not the worst incompetence I've heard of.  Australia's last PM appointed himself as minister for several departments without telling anyone.

DO YOU LOT STILL BELIEVE THAT OUR GREAT PRIME MINISTER IS GOING TO BACK DOWN FROM HER TAX CUT JUST TO PLEASE A LOAD OF SHILLY SHALLYING WOKIST TRANSEXUALS IN THE CITY WHO TOOK FRIGHT AT THE SIGHT OF SOME REAL RIGHT WING POLICIES?!?

SAD!!

FIZZ WITH LIZ!

Because when you aren’t going to get the answer you want you don’t ask the question. She’s such a. Fool

Heh. It's just bad day after bad day for risky. He's got everything he wanted and is totally miserable.

I HAVE JUST FOUND OUT LIZ TRUSS HAS SAVED THIS GREAT NATION FROM A DISTRACTING DISTRACTION AND THE LAST THING THIS GREAT NATION NEEDS IS A DISTRACTION SO WELL DONE LIZ!!

FIZZ WITH LIZ!!

Boy who cried wolf situation here risky. Nobody believes a word of what you have to say. If true then probably best seek professional help rather than troll badly on the internet. 

I never really understand why politicians get shyt for u-turning.  I would much rather they held their hands up and called "my bad" than carry on like the band on the titanic.

of course in this case the replacement plan will also be shythouse.

Kwasi presently being destroyed on radio 4. They trailed his speech to journalists yesterday, no u turn.

risk free return03 Oct 22 08:18

i feel special here tho royalty. And you lot keep asking me to comment on things

______________________________________________________________________

youtube link

The fact that she was doubling down last night. The U-turn was about a week late, and should never have been necessary, with a competent govt

The fact that she was doubling down last night. The U-turn was about a week late, and should never have been necessary, with a competent govt

What he doesn’t seem to understand is that he cant just undo the damage he has caused.   The problem from the markets point of view was not so much the policy itself as the fact it marked the government out as incompetent fools.    Simply u turning doesnt change that, if anything it confirms it.

Exactly, guy. They've managed to pick the least appropriate policies of Thatcher, while signalling they have none of her actual grit.

What actually caused the U turn I think was that it was apparent to Tory MPs that almost everyone who voted for the tax deduction would end up losing their seat.  So there was going to a be a huge rebellion.

THIS IS ALL A STORM IN A TEACUP AND IT IS LONG PAST TIME THAT WE ALL MOVE ON!!

DWELLING IN THE PAST LIKE THIS IS JUST MAKING YOU ALL LOOK SILLY AND PATHETIC!!

Mr Charrington03 Oct 22 09:17

They dont have Thatchers intelligence nor her political instinct.

_______________________________________________________________

I dunno, maybe a more efficient Thatcher?

they have afterall managed a whole Poll Tax in only one week

Thatcher only lost it near the end on political instincts. 

She generally knew what she could and could not get through. Also she knew generally most of the time the policies to hold her ground on.

poll tax being an exception, an violently regressive tax that should never have seen the light of day.

Did you not hear? I said

HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA 

I cannot believe how appalling this is.  The Tories have got all the fallout that results from reducing the top rate from 45% to 40% (by borrowing the money to cover the resulting lower tax take) while not actually reducing the top rate at all.  They've managed to alienate just about everyone.

The cynic in me says that all of this was done deliberately to cause swings in the cable (USD/GBP FX rate) both ways so that hedge fund friends of Truss/Kwarteng could make money out of it.

You're suggesting that the first significant act of the new tozza PM and Cxnt was a deliberate criminal act?

I believe it tbf.

Say they did do that royalty, what is the crime? 

I CANNOT SEE ANYTHING WRONG WITH ANNOUNCING POLICIES WHICH WILL CAUSE THE VALUE OF THE POUND TO GO DOWN SO THAT FRIENDS TO WHICH YOU HAVE GIVEN ADVANCE NOTICE OF SUCH POLICIES CAN MAKE MONEY BY SHORTING IT!

AND ANYONE WHO DISAGREES HATES THE FREE MARKET!!

Market manipulation under U.K. Mar - both the hedges and the politicians for leaking the inside information 

I think people who didn't benefit are sad traders.  Sad because they're not insiders. Outsider traders. Pathetic. This govt hates those losers and only supports insider traders!

In this farfetched fantasy, how does the money leak back from the hedge funds to the MPs without leaving a nice paper trail for the FCA to follow?

In addition, trading in spot foreign exchange (FX) is not covered by the insider dealing provisions of MAR. However, in these circumstances, other FCA rules such as the Principles for Business and other legislation may apply and firms should be aware of and comply with all relevant legislation. Trading in spot FX may also be covered by the MAR provisions on market manipulation where the trading has an impact on relevant financial instruments, such as certain spot FX options.

 

Criminal insider dealing is also an offence under Part V of the Criminal Justice Act 1993, and criminal market manipulation is an offence under sections 89-91 of the Financial Services Act 2012.

The cynic in me says that all of this was done deliberately to cause swings in the cable (USD/GBP FX rate) both ways so that hedge fund friends of Truss/Kwarteng could make money out of it.

Do you think they will be paying 45% tax on the money they made ... ? 

Ooo the principles for ‘businesses’. Note the FCA can’t even get the name of their own rule book right. I’m so scared!

Ooo the principles for ‘businesses’. Note the FCA can’t even get the name of their own rule book right. I’m so scared!
 

What are you blithering about?

"how does the money leak back from the hedge funds to the MPs without leaving a nice paper trail for the FCA to follow?

Crispin can just give KamiKwasi his old job back. At a much higher rate of pay.

The first para in ami’s email above is a cut and paste from the FCA website 

OMG!!!! There's a TYPO on THE FCA WEBSITE!!  That must mean its legal.

This thread has just reached the TUN, so the first 12.5 posts are now going to be reported/deleted sequentially for every 2 new posts above 100 that are submitted until we reach 125 posts.  All clear?