Business UK
UK paying MORE to borrow than during mini budget | Liz Truss a ‘rallying point’ for Tories
BREAKING: Twelve people aged 19 to 61 have been arrested in a probe following the fatal crash on the A66. The crash killed …
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Nigel Farage has won the Clacton by-election, the vote he has long described as a “people vs Establishment” contest.
Shortly after 6am, Mr Farage was confirmed to have returned to the House of Commons.
He secured 22,239 votes while his closest rival, a satirical candidate named Count Binface, received 9,455.
The other main Westminster parties boycotted the by-election entirely, though Mr Farage could face them in a potential second vote at a later date.
Mr Farage resigned as an MP to trigger the contest at the start of July amid a probe by the parliamentary standards commissioner over a £5million gift he received before becoming an MP.
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Keep up to date with the latest news at https://www.gbnews.com
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Download the GB News app! You can watch GB News on all of your favourite devices and keep up to date with the latest news, analysis, opinion and more.
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@islandbend948
December 21, 2023 at 2:42 pm
shes looks out of it
@philipdutton785
December 21, 2023 at 2:42 pm
Oh come off it! Interest rates around the world were going up but Truss managed to put a rocket into ours! Not to mention mortgage rates! These guests are pure establishment. The very same one that Truss was acting on behalf of. They do not serve the people they serve the rich.
@kevinmoore7255
December 21, 2023 at 2:42 pm
Conservatives are finished!
It’s lookout labour! Soon.
@richardharkness9427
December 21, 2023 at 2:42 pm
Interest rates at 8% January 2024. Be prepared for a lot more pain!!
@Philipmarlowe77
December 21, 2023 at 2:42 pm
There corruption behind this government.
@samsolomon6152
December 21, 2023 at 2:42 pm
Bring Liz back!
@outlaw6421
December 21, 2023 at 2:42 pm
Get reform uk in Parliament to shake up the shit riden house of commons!!!
@outlaw6421
December 21, 2023 at 2:42 pm
She was right but delivered it a little wrong.the markets bullied a prime minister out of office..get sunak out then he can take hunt with him..
@bullrider9617
December 21, 2023 at 2:42 pm
Truss is the reason why inflation is not coming down faster!!
@LittleMixFan-cf8mf
December 21, 2023 at 2:42 pm
i miss her soo much i feel bad for the poor woman she was only doing her job!!!
@idonthavealoginname
December 21, 2023 at 2:42 pm
Liz Truss has NO IDEA about economics,NO IDEA how to grow the economy in any way shape or form.The Conservatives are completely clueless and couldn't run a bath.
@vicowen5300
December 21, 2023 at 2:42 pm
What we have now is a total cluster fk as a government.
@Paul-li9hq
December 21, 2023 at 2:42 pm
Are you effin insane?
Liz Lack-of-Trust pledged that the 45% higher rate of income tax would be abolished. There was a promise to reduce the basic rate of income tax to 19p in the pound by April 2023, meaning 31 million people would be better off by an average of £170 a year…
So sure the elite one percent would be better off: but the average common person? £170 a year! And they wouldn't get it until the following year anyway….
What good is a 170 pounds? When you're mortgage has virtually doubled and your utility bills have maybe more than doubled? Thousands were needed, not 170, to cover the disaster she orchestrated.
The estimates says that her disastrous minibudget cost the country £30billion.
Praising her is like saying the war in Ukraine is the best thing to happen to common Ukrainian people!!!
@siam1425
December 21, 2023 at 2:42 pm
You've got to convince the markets how your going to fund tax cuts. Such a basic point. Liz was a fool.
@margaretallen6482
December 21, 2023 at 2:42 pm
And is it true her honors list will be published on last day of parliment before summer resse
@andycapp8843
December 21, 2023 at 2:42 pm
The Truss plan was basic economics. If you put money into the pockets of the population, they will spend it. Every transaction sends the Vat element back to the Treasury…..pdq. This in turn increases profits to sellers and tax goes back to the Treasury at the end of the financial year. It increases the manufacture of the goods to sell and jobs are created, PAYE and NI goes back to the Treasury. Manufacturers profits increase and tax goes back etc. Money from investors injected into manufacturing and expansion of the business….tax goes back etc.
The cogs in the gearbox go round and round and this in turn propels the vehicle forward and success is achieved.
It is a great shame Liz was unable to put her plans across in a determined manner and her downfall was instigated by a snake oil salesman and his allies which is where we are right now.
Liz wasn’t given a chance, squeezed light an overripe grape in a vineyard by a hydraulic press manned by men of wealth who have never had to worry about paying a bill.
Her plan would have provided a feel good factor to the populace and this in turn may have encouraged a blue cross on the ballot papers in 2024.
I will not be voting Tory until this incompetent and deceitful bunch are replaced by true Conservatives. Now in my twilight years, doubt if I will see that happen.
@johntaylor9899
December 21, 2023 at 2:42 pm
Liz was right. She was ousted out because the WEF/Globalists wanted someone they could control, hence Sunak and Hunt
@johnblowes600
December 21, 2023 at 2:42 pm
Yes she was
@andrewdutton1003
December 21, 2023 at 2:42 pm
We wouldn't mind paying higher taxes if we saw the results and had a better standard of living & public services worked!
But we have the worst of all worlds – high tax, poor services, and a government who's mission is to destroy our society, culture and traditions, and let everyone in the world come in with far too high legal and illegal immigration!
The conservatives are done for – but Labour will be even worst :o(
@rogerbritton2106
December 21, 2023 at 2:42 pm
20 billion a month and that arsehole is sending money to Ukraine, the most corrupt country on the planet and our own government want the people to believe they aren't corrupt….. They aren't really painting a picture of trust… Get them out, get labour out, the country needs reform and it ain't going to happen with either of the 2 main ones…
@bye-72
December 21, 2023 at 2:42 pm
The tax threshold needs to be increased.
I’m self employed, got a big tax bill at end off the month.
@williamkennedy5492
December 21, 2023 at 2:42 pm
The high tax is just one more reason not to vote tory. What a useless bunch they are !
@davidgosling2381
December 21, 2023 at 2:42 pm
Liz was right, Sunak the snake and Jeremy the *unt didn't want her to succeed. So they backstabbed their way to power.
@matthewcook9404
December 21, 2023 at 2:42 pm
That’s the Conservative “the economy is safe in our hands” Party. Shocked, I tell you. Shocked. Said no one over the age of 5. 😂
@kennethvenezia4400
December 21, 2023 at 2:42 pm
No, she wasn't right, and she is stupid. Torries can rally around Lettuce all they want. They are going to get clobbered in the next election.
@neuralwarp
December 21, 2023 at 2:42 pm
They've got to stop giving our money away, that's what they've got to do. Get back the defrauded CV funds. Keep utilities and transport franchises in Britain. Shred the BBC. Discipline the banks. Sack the regulators and top civil servants. Close do-nothing departments, eg Trade, Energy, MAFF, Education. Reform police, NHS, local councils, Parliament, Courts.
@aaronjamesmoore757
December 21, 2023 at 2:42 pm
Sunak is a smooth operator
@rockerjim8045
December 21, 2023 at 2:42 pm
Surely if we continued with Liz we would be even worse off.
@johnrawlins6147
December 21, 2023 at 2:42 pm
They are not going to win any election no matter what
@popculture70
December 21, 2023 at 2:42 pm
That "mini budget" was such a stupid naive move by Truss. When you're going to make a big change like that, you can't rush it. You have to do the PR first.
@nigelalanwood6781
December 21, 2023 at 2:42 pm
Will we still be able to afford to pay for the war in Ukraine
Let's get our priorities right.
@josierogers7254
December 21, 2023 at 2:42 pm
Vote Reform
@mrterrymoore1
December 21, 2023 at 2:42 pm
Liz is not a sane person as proved by looking or listening to the poor soul
@daves301
December 21, 2023 at 2:42 pm
No she was wrong and it’s all about inflation expectations
@borderlands6606
December 21, 2023 at 2:42 pm
I'd trust Kwasi-nomics more than the current lot.
@michaelallen5993
December 21, 2023 at 2:42 pm
You absolute idiots of course she was right this was a cabal plot to oust her and put their man in power Sunak ! bingo the cabal has a uk government they completely control
@user-lz3jz5kj3n
December 21, 2023 at 2:42 pm
My wages are 50% higher than they were 15 years ago and I've never felt so poor.
@amandalee215
December 21, 2023 at 2:42 pm
I did not vote for Rishi