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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.
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.
As Britons, not Brussels, foot the bill, many will be asking how a Brexit bonus turned into a tax bombshell.
Regime change at No.10 could revive one vision of the British economy. But it remains totally unrealistic.
Brexit is forecast to do more permanent damage to the economy than Covid. But this self-inflicted wound can be healed.
The EU has opposed brutal animal welfare and rampant tech monopolies. Post-Brexit Britain will be exposed to both.
After Trump security adviser John Bolton’s visit it’s clear the price of US backing will be paid both in trade and foreign policy.