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Showing: ◈ opinion×◈ Kwasi Kwarteng×
Conservatism is an enduring and honourable political creed that has been debased and discredited by incompetent extremists.
Less than two weeks after her government plunged the markets into crisis with a disastrous budget, Prime Minister Liz Truss used her closing speech at the Conservative Party conference to blame the meltdown on a nebulous anti-growth coalition.
Many Conservative party members will be wondering where they go from here. / There is talk of damage limitation and trying to save as many seats as possible in the next election.
With its economy in tatters, England is not having its finest hour. It is a time of transition for the United Kingdom... /
There is only one real way to properly calm the markets – the Prime Minister and the Chancellor need to reverse the unfunded tax cuts they announced.
In the US they call it ‘starving the beast’ – cut taxes and, as revenue decreases, you create irresistible pressure for austerity.
A major feature of the 2016 Leave campaign was a refusal to define what, precisely, Brexit would mean.