Chancellor Kwarteng to reverse his planned tax cut for richest in UK

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  • Опубліковано 20 січ 2025

КОМЕНТАРІ • 925

  • @gretareinarsson7461
    @gretareinarsson7461 2 роки тому +234

    Worth remembering that they backed down not because of the people in the country but because they did not have support among their own.

    • @NONAMENEEDEDOK
      @NONAMENEEDEDOK 2 роки тому +1

      No thats not correct

    • @nirmalsandhu5256
      @nirmalsandhu5256 2 роки тому +15

      @@NONAMENEEDEDOK So give us your argument to rebut and back up your position .

    • @apenisavatuniveivuke7650
      @apenisavatuniveivuke7650 2 роки тому +8

      Like what the Rt.Hon James Hacker MP told his wife: "The nurses don't have to vote against me until the next election. Backbenchers can vote against me at 10'o'clock tonight!"

    • @zephyr8072
      @zephyr8072 2 роки тому

      @@NONAMENEEDEDOK That is exactly correct. They were all set to give money to the rich and to fund it by looting from the poor and disabled, and they knew nobody in the British public would like this.
      The _only_ thing that made them back down was other Tory MPs rebelling due to _them_ losing money and their seats.
      Truss and Kwarbongo are nothing but psychopaths who only care about how much money they can make before they leave, the country be damned.

    • @Miguel...160
      @Miguel...160 2 роки тому +3

      @@NONAMENEEDEDOKlets have a G.E. then

  • @marcopalazzo9349
    @marcopalazzo9349 2 роки тому +168

    What a disaster these thieves are.

    • @NONAMENEEDEDOK
      @NONAMENEEDEDOK 2 роки тому +2

      What thieves? What did they steal? Be specific if your brain is capable

    • @zephyr8072
      @zephyr8072 2 роки тому

      @@NONAMENEEDEDOK Money. From the British public.
      A mandate. Which they did not have.
      Power. From those who are actually capable.
      A future. From the nation.
      I could go on. But I know you're just a particularly dense and desperate bot.

    • @dhall5785
      @dhall5785 2 роки тому

      @@NONAMENEEDEDOK sorry speak up can't hear you with your tongue stuck so far up Kwasi's Krack

    • @biggusdickus5986
      @biggusdickus5986 2 роки тому

      @@NONAMENEEDEDOK
      They stole millions wiped out in the market with their incompetency, they planned on stealing from the poorest to pay for those tax cuts, they're planning to steal from the public by cuts to services, but most of all they stole our TRUST.

    • @edix1673
      @edix1673 2 роки тому

      @@NONAMENEEDEDOK should we start with the 32billion they "spent" on track and trace...... which turned out just to be a excel spread sheet....... and that didnt work because they coded rows and collumns the wrong way around? Or we could talk about the billions given to Tory donors like Randox Laboratories, advised by Owen Paterson, who won a 133million contract *unopposed* for testing kits that were unsuitable. Or when at the time international trade secretary Liz Truss gave Ayanda Capital £250million for PPE, delivering £150million worth of unusable face masks. £44million to a dormant firm with less than £500 in assets to provide hand sanitiser, without putting the contract to tender with large manufactureres of hand sanitiser.... PPE contacts going to investment bankers, while ignoring PPE firms in Britain emailing the government multiple times to clarify they had milions of PPE units available and ready to go, while Boris claimed there was a huge shortage and handed contracts to donors. Even Ordering 10,000 ventilators from Tory donor Dyson, who didnt produce ventilators, had to design it from scratch and set up manufacturing for them, while British companies already producing ventilators were ignored..... I could go on... and on and on and on... but is that specific enough for you?

  • @JmeHayGreenz
    @JmeHayGreenz 2 роки тому +141

    They’ve “listened” but they haven’t learned a damn thing.

    • @dinkydaz6711
      @dinkydaz6711 2 роки тому +7

      Not even the slightest hint of a “sorry”

    • @polliebain7450
      @polliebain7450 2 роки тому +1

      @@dinkydaz6711 funny that...

    • @tjenadonn6158
      @tjenadonn6158 2 роки тому +7

      Learning and Tories go together about as poorly as compassion and Tories, or eloquence and Tories, or sobriety and Tories, or Tories and other Tories.

    • @Google_Does_Evil_Now
      @Google_Does_Evil_Now 2 роки тому +2

      The hike in interest rates has already pulled 40% of mortgage products from the market. People on tracker mortgages have already seen massive jumps in their mortgage payments. People going through or about to remortgage have seen huge rises in quotes.
      Is it true that over 1-2 million homes will be repossessed within a year?
      Is it true this will also cause a crisis in renting, because the higher mortgage cost will be passed on to the renters? And the withdrawal of so many properties due to repossessions will drastically affect the renting market?
      Adding on to the thousands of pounds increase in energy costs, plus 10 to 20% rise in money goods and services, how many businesses are expected to fold?
      Because most people will struggle to afford to pay all their bills, how many are there of the extracurricular businesses such as restaurants, cafes, pubs, cinemas, gyms and so on are expected to fail because people will cut back and not afford to go to these places?
      Just how damaging is this expected to be to the economy?

    • @dinkydaz6711
      @dinkydaz6711 2 роки тому

      They only acted because of the polls

  • @yaasmiinn
    @yaasmiinn 2 роки тому +123

    Poor chancellor, Liz blaming him for everything to save her back as if she scammed her way to become the prime minister of UK 😂

    • @snsn7251
      @snsn7251 2 роки тому +14

      He is a willing fall guy. I don't feel sorry for him. As for Liz we saw her true colours a long time ago

    • @jananders1351
      @jananders1351 2 роки тому +8

      Can't say I feel sorry for the thief Kwarteng in the slightest.

    • @NONAMENEEDEDOK
      @NONAMENEEDEDOK 2 роки тому +3

      Total rubbish

    • @paulb9769
      @paulb9769 2 роки тому

      Boohoohoo must be evil colonialists.

    • @biggusdickus5986
      @biggusdickus5986 2 роки тому +6

      @@NONAMENEEDEDOK
      Yes you're right she is. They both are.

  • @bmichael3580
    @bmichael3580 2 роки тому +32

    Jacob Rees Mogg is a 90s man, unfortunately it’s the 1890s

  • @SirDennisReynolds
    @SirDennisReynolds 2 роки тому +16

    Krishnan is just ruthless. He eviscerates multiple people back to back and they’re just left on the wayside all mangled and confused. Love it.

    • @christinethomas6763
      @christinethomas6763 2 роки тому +2

      Don't find him ruthless at all. Just one of a very few journalists asking the kind of questions that anyone with a basic knowledge of the issues involved would expect to be asked of a politician but have ever since Brexit have rarely been asked by MSM. So much misinformation and spurious arguments for and against policies have been consistently allowed to go unchallenged that by constant repetition they hang around in the political climate like a foul smell that seems others are too polite or too patriotic to admit to even noticing.

    • @bluehurachesx7785
      @bluehurachesx7785 2 роки тому

      I find him to be a rat if that helps

    • @SirDennisReynolds
      @SirDennisReynolds 2 роки тому

      @@christinethomas6763 Oh I agree with you completely, you're spot on! If even half of journalists had his sense of integrity the UK would be in much better shape politically and even morally. You're especially right about misinformation/spurious arguments just going entirely unchallenged by most mainstream media. All of these politicians should be subject to factual interrogation and be forced to show their true colors as our public representatives

  • @tobyclayton2597
    @tobyclayton2597 2 роки тому +27

    I didn't think that we could get a government more horrifying than the last one, then Liz said "hold my beer".

    • @jacpratt8608
      @jacpratt8608 2 роки тому

      10mins Listen to this pompous twerp, Rees-Mogg, if that's who he is. Gross. Best evidence for Revolution needed in this nation I've ever seen. "Dealing with political realities is the right thing to do" - he's right there. Every other word sleazes out of his mouth like an evil serpent.

  • @soviet9366
    @soviet9366 2 роки тому +49

    The arrogance remains breath taking. Day 1: Sacked the most senior civil servant in the Treasury for doubting him; Continues to repress the Office for Budget Responsibility report of his plans, and yet thinks it churlish of the markets to have no confidence in him. For anyone with a £100k mortgage renewal: The extra £1000 a year wasted in interest payments is your Kwarteng Tax

    • @yangni7986
      @yangni7986 2 роки тому +6

      In Dec the mortgage rate offered by bank is around 2% and now it’s around 6%, the 4% diff on 100k is 4k per year. The capped energy bill saving is nothing compared to the surge in interest rate.

    • @soviet9366
      @soviet9366 2 роки тому

      @@yangni7986 I am allowing for the rate being expected to rise anyway from other pressures (although they should get credit for the extra economic pressures inflicted by Brexit). Despite these; At least an additional 1% is just pure Tory ideological hubris. As one economist put it; they are like a Doomsday Cult

    • @Glower22x4
      @Glower22x4 2 роки тому +3

      He should resign

    • @wleon4068
      @wleon4068 2 роки тому

      Then let us, the people, rip that arrogance from them at the next election. They are a monstrosity.

    • @NONAMENEEDEDOK
      @NONAMENEEDEDOK 2 роки тому

      @@yangni7986 what exactly is your point lefty?

  • @MaroonedInDub
    @MaroonedInDub 2 роки тому +114

    This is a huge mistake. People who are in their position should never make such massive errors. UK is in the toilet bowl and the flush is about to be pushed.

    • @KnightmareUSA
      @KnightmareUSA 2 роки тому +12

      It wasn't an error. It was a 'let's see what we can get away with'

    • @astroboirap
      @astroboirap 2 роки тому

      who are the brown turds? kwasi?

    • @NONAMENEEDEDOK
      @NONAMENEEDEDOK 2 роки тому

      Leave then. The country will survive and get steonger. The last years have been tough but the only way through this is with the budget set forward.

    • @NONAMENEEDEDOK
      @NONAMENEEDEDOK 2 роки тому

      @@KnightmareUSA Rubbish. Another lefty dumb comment

    • @KnightmareUSA
      @KnightmareUSA 2 роки тому +2

      ​@mr wpg It's rather ironic given russia is the one with the R and Z branding that recalls to mind certain symbols of that 1940s era that were used to bring the people together when it came to how and what to think. Some of the propaganda and army related posters on the streets of moscow don't look too far off that era either.. and what's even better is that somehow poland is also part of this 1940s neoalliance, lol. israel would likely be too if it wasn't for it's location and neighbours. nicht so gut sounding for russia. Some of the russian media seem to be branding nato as nazi as they are supporting ukraine which has had problems with extreme groups incl nazi groups, but that seems hypocritical when the media have also noted they exist in russia also and may be hired by either side to fight anyway

  • @criticalfriend2300
    @criticalfriend2300 2 роки тому +81

    Kwarteng looked like a man with his back against a wall trying to negotiate with a hitman during his speech

    • @tjenadonn6158
      @tjenadonn6158 2 роки тому +8

      I mean he's begging for his money, which is to Tories what begging for your life is to functional human beings.

    • @globalismoblackman
      @globalismoblackman 2 роки тому +1

      Lol 😆😆😆 well said maite

    • @Geo65582
      @Geo65582 2 роки тому

      @@tjenadonn6158 🤣🤣🤣🤣

    • @wleon4068
      @wleon4068 2 роки тому

      He is actually a 'dead man walking' inside of a 'Government' that are 'dead men [and women] walking'.

    • @jjohnson5014
      @jjohnson5014 2 роки тому +1

      That is classic. Not quite Joe Turturro's character in Miller's Crossing as he's getting escorted through the woods, but damn close

  • @JRattheranch
    @JRattheranch 2 роки тому +97

    I'm fascinated to hear the plan, because nothing I've heard so far could possibly improve the prosperity of the nation, only the few!

    • @tjenadonn6158
      @tjenadonn6158 2 роки тому +9

      Bonus points of he can do it without cue cards written by the lobbyists he works for.

    • @carlkligerman1981
      @carlkligerman1981 2 роки тому +3

      Well all this farce has achieved thus far is lining the pockets of FX traders

    • @NONAMENEEDEDOK
      @NONAMENEEDEDOK 2 роки тому

      Then you dont underatand economics so read more

    • @NONAMENEEDEDOK
      @NONAMENEEDEDOK 2 роки тому

      @@tjenadonn6158 Labour are bought and paid for by the unions so what are you talming about

    • @NONAMENEEDEDOK
      @NONAMENEEDEDOK 2 роки тому

      @@carlkligerman1981 the pound has been dropping since 2010. Look at a chart. This is nothing to do with the government and more to do with the americans raising interest rates on the $ over the last 12 years.

  • @harryc8415
    @harryc8415 2 роки тому +28

    A small victory was had with the reversal of the 45% tax cut.
    However it’s in danger of becoming a smoke screen for bankers bonuses,benefits reductions,deep spending cuts etc etc.
    These people are not only a danger to themselves every time they leave their beds but to us also.

  • @wleon4068
    @wleon4068 2 роки тому +47

    They absolutely hated that they had to do this. Condescending isn't even the word. The sooner this monstrosity of a 'Government' is hurled from power, the better.

    • @paulgibbon5991
      @paulgibbon5991 2 роки тому

      Hopefully, it's got to the point that even the regular Project Fear from their tame newspapers can't stop a red downpour.

    • @merseybeat1963
      @merseybeat1963 2 роки тому

      To put who in ..the Bolsheviks..

  • @Marenqo
    @Marenqo 2 роки тому +36

    Rees mogg is sadly representative of the state of our country's higher education sector. My god, what a mediocre mind and what fluff.

    • @eccentricbeliever7
      @eccentricbeliever7 2 роки тому +15

      I think you mean the class system. I don't know whether Mogg is smart enough to get through the higher education without daddy's money

    • @fireonawire
      @fireonawire 2 роки тому +2

      Bet he's never had to apply for a mortgage.

  • @realfreedom8932
    @realfreedom8932 2 роки тому +55

    BoE saved the day at a massive cost to the tax payer... in any other job you would get fired straight away

    • @globalismoblackman
      @globalismoblackman 2 роки тому +1

      Only just lol 😆😆🤣

    • @michaelrch
      @michaelrch 2 роки тому

      The BoE doesn't cost taxes but it does drive inflation

    • @realfreedom8932
      @realfreedom8932 2 роки тому

      @@michaelrch inflation is the ultimate stealth tax...

    • @michaelrch
      @michaelrch 2 роки тому

      @@realfreedom8932 only if wages don't keep up

    • @realfreedom8932
      @realfreedom8932 2 роки тому +1

      @@michaelrch what do you think has happened since 2008? It will only get worse

  • @colinmassey527
    @colinmassey527 2 роки тому +13

    No - he has merely delayed the cut - they will definitely try to sneak it through again when the time is right...

  • @cjh0751
    @cjh0751 2 роки тому +4

    Nobody voted for Truss & Kwartang. Sign the petition for a general election now.

  • @citykeys3495
    @citykeys3495 2 роки тому +23

    Kwateng has now confessed that his Champagne drink was spike by Liz Trus.

  • @wittyname212
    @wittyname212 2 роки тому +29

    Most scary thing in this was the woman who didn't know who lizz truss was. And people wonder how we got here....

    • @b3108
      @b3108 2 роки тому +1

      So the Aussie tv hosts who didn’t recognise her either during the Queen’s funeral had a point after all 😂

    • @biggusdickus5986
      @biggusdickus5986 2 роки тому +1

      @@b3108
      Well they had an excuse. They are Aussies,,, but that woman on the news is possibly a good cross section of a lot of voter apathy.

    • @mcm6660
      @mcm6660 2 роки тому +2

      Lol true. Even after being informed about who Liz Truss is that lady didn't seem to really care and is unlikely to commit it to memory. She will probably vote for the Tories next term thinking Boris is still the PM. 🤣

  • @TimothyBushell
    @TimothyBushell 2 роки тому +8

    Phrases starting "the public wants/expects" when defending an unelected mandate should come with an on the spot fine.

  • @gtl.distributionshaon6071
    @gtl.distributionshaon6071 2 роки тому +28

    Enough is enough

  • @ascgazz
    @ascgazz 2 роки тому +10

    Absolute STARK CONTRAST to Labours friendliest conferences in years.
    GET OUT TORIES, YOUR TIME IS UP

  • @JoEsMhOe
    @JoEsMhOe 2 роки тому +66

    Jesus, listening to this business secretary guy is brutal. The words coming out of that mouth screams privilege. My favourite line was “I don’t want to change Prime Ministers as often as people change their suits” - what kind of analogy is that?!?

    • @NeilJ894
      @NeilJ894 2 роки тому +12

      I think he was going to say underpants, but quickly realised he needed to make a u turn

    • @stevec6427
      @stevec6427 2 роки тому +2

      I've only got one suit

    • @janszlazak9495
      @janszlazak9495 2 роки тому +4

      The way he pronounced pound made me physically cringe. Checked his background - Etonian through and through, got a banking position straight out of college although he read History.

  • @Google_Does_Evil_Now
    @Google_Does_Evil_Now 2 роки тому +20

    How much damage can they do to the British economy before it becomes a crime?
    How many people can they hurt financially before it becomes a crime?

    • @winifredclarke1977
      @winifredclarke1977 2 роки тому

      Yeah probably a lot as British people are just ba ba ba 🐑🐑🐑
      Just quietly saying,if it's would be in France or Hungary or Czech republic or Denmark or Spain or Greece or Romania or Bulgaria ect people would be already on the streets and until the whole government resigned wouldn't let it go.
      Here in the UK instead everyone just panic and quiet sadly mood taking back over backwards
      What a great Britain 🤣🤣🤣😁😁😁
      Carry on prime minister, just carry on
      Btw, they forget to asking our opinion would we will be happy if you donate another 12 billion £ to Ukraine

    • @paulgibbon5991
      @paulgibbon5991 2 роки тому

      It depends how long the electorate keep permitting them to do so. VOTE.

    • @winifredclarke1977
      @winifredclarke1977 2 роки тому

      @John Dickson
      You right, but very sad in the same time.
      I wouldn't be surprised if you Scotts going independent.
      UK government so tightly licking the USA a*** can't even realize how badly we getting f***ed over.
      Make me wonder who made s***t load's of money busting the £?
      Also, what slowly time to think, stop pushing more weapons to Ukraine, because they will be just making longer the war. USA bombed with Polish help the undersea pipe line.
      Now Zelenski winging to Musk...
      I'm already fed up have to pulled back my house buying process, because the rates.
      And if my Mercedes have no service because parts issues what coming from Germany I'll be really pissed.
      So yeah time to Sharma, or Sunak!
      Anyone, just get this idiot woman out of my sight.
      I already saw when she walked up to the podium with no etiquette or protocol, without shaking the hand, thanking again to bojo the nothing, she will be useless ...🤨

  • @ravenuk2880
    @ravenuk2880 2 роки тому +34

    £65 Billion to bail out pension funds, that is how much this fool has cost us. Incompetence doesn't measure.

    • @agnesphilips2714
      @agnesphilips2714 2 роки тому +1

      He was doing Truss bidding

    • @romanjimenezgil
      @romanjimenezgil 2 роки тому

      Why 65 billion? I do not understand.

    • @keeganodonovan7753
      @keeganodonovan7753 2 роки тому +1

      Hey could you explain what this means please? I don't understand. Is the £65m lost? What happens if the USD returns to where it was? It's very sad to think this. I'm thinking of all the good £65bn could do for people who need it. I grew up very poor and often didn't eat for 2-3 days it breaks my heart to think about young children now very sick way to grow up I had 6 brothers and we don't really talk much we used to fight for food of eathorher I'm very upset that the government have wasted tax payers money. God bless hoping that everyone is doing okay I am lucky and have had a stable job and they have raised my pay with inflation I have worked there for 25 years and the owner has always told me I'm a good worker. Thank you. Keegan odonovan.

    • @zephyr8072
      @zephyr8072 2 роки тому

      65 billion is what the Bank of England had to spend in order to prevent the collapse of the pound and a total economic disaster that Kamakwasi and Truss triggered due to their greed and stupidity.
      Basically because of these two criminals the UK was on the verge of becoming a failed state if not for this massive expense at the taxpayer's cost.

  • @evolassunglasses4673
    @evolassunglasses4673 2 роки тому +22

    Carry on up the Kwasi!

  • @noodleppoodle
    @noodleppoodle 2 роки тому +49

    It all started with the Brexit vote or even earlier

    • @sararichardson737
      @sararichardson737 2 роки тому +7

      Yeah it’s the root of all evil

    • @romanjimenezgil
      @romanjimenezgil 2 роки тому +7

      True. I believe British are making a mistake after another and it is a pity

    • @KnightmareUSA
      @KnightmareUSA 2 роки тому

      it was once monarchy, now it's the class system and nepotism to blame. the etonians are still running the country

    • @jonsimmons4150
      @jonsimmons4150 2 роки тому

      Japan trades freely the world over, japan doesnt pay into a standover committee in a foreign land to do so, Japanese visa and immigration system isn't overridden by a standover foreign committee for 27 countries on the back of its international trading arrangements, giving 27 countries citizens unfettered access to Japanese jobs, welfare, healthcare,and housing and paying billions of yen for the privilege..
      ~Its "Project Reality"
      ~its how the rest of the world works in 169 countries

    • @zephyr8072
      @zephyr8072 2 роки тому

      It was always the ERG's intention to loot the country and gorge themselves on the profits of disaster capitalism.
      That's why we got Brexit. That's why we got Boris, and that's why we got.. this.

  • @macred
    @macred 2 роки тому +4

    They....Listen.....My behind. They do not listen. Get them out! 12 years....

  • @mavericktamu
    @mavericktamu 2 роки тому +7

    Ritz Smug is a cartoon character, that is all
    I respect about him.

  • @familyandfriendsfuntimes
    @familyandfriendsfuntimes 2 роки тому +10

    “A catastrophe is when there’s an earthquake and thousands of people lose their homes”… Jacob Rees Mogg

  • @albertdula9799
    @albertdula9799 2 роки тому +27

    Rich getting Richer and Richer

    • @frankthetank5708
      @frankthetank5708 2 роки тому +1

      Wasn't that the goal of Brexit?

    • @biggusdickus5986
      @biggusdickus5986 2 роки тому

      @@frankthetank5708
      Its the goal of every tory government ever and a few Labour governments starting with Blair and now Starmers government in waiting.

    • @frankthetank5708
      @frankthetank5708 2 роки тому

      @@biggusdickus5986
      You've lost hope for your own politicians obviously.
      That's one major reason for the coming end of the UK.

    • @biggusdickus5986
      @biggusdickus5986 2 роки тому

      @@frankthetank5708
      Oh it won't end its just a continuation already planned for like when people had had enough of the the tories in the 90s and John Smith a true Labour leader should have gotten in and changed much of the wrong done by the tories but conveniently suffered a demise so that tory plant Blair could con his way into being PM and continuing on with Tory lite policies he called the 3rd way a safe pair of hands for the basic tory ideology, and now Starmer ready to take up the riegns after disposing of Corbyin a true Labour leader. The tories are dead long live the tories.

  • @MoebiusUK
    @MoebiusUK 2 роки тому +11

    Kweezy Kwarteng, it's time to go.

  • @frederickmagill9454
    @frederickmagill9454 2 роки тому +10

    A disgrace Kwasi's arrogance is incredible.

  • @sisulart
    @sisulart 2 роки тому +1

    Mindbogglingly stupid thing to do in the current climate. How did they ever think it would be acceptable?

  • @mattbrown-mb
    @mattbrown-mb 2 роки тому +5

    Get these thieves out... General Election now

    • @winifredclarke1977
      @winifredclarke1977 2 роки тому

      Yeah I agree with you
      I'm wondering who made shait loads of money busting the £ 🤔🤔🤔

  • @mattw8374
    @mattw8374 2 роки тому +44

    Jacob Rees Mogg "it's not a catastrophe, a catastrophe is when you get an earthquake" well now he has a fracking revival plan, he may indeed get an earthquake.

    • @marctemura2017
      @marctemura2017 2 роки тому +1

      No Matt, he is doing his job. Every 80 - 100 years England go through the "4th Turning", Jacob is doing his job in cycle his task is to destroy the intuitions of England so that you can re-built it anew. This is a cycle of history that you gone through since the time of Magna Carta. Your great grandchildren will go through this as well 80 - 100 years from now.

    • @Google_Does_Evil_Now
      @Google_Does_Evil_Now 2 роки тому +5

      @@marctemura2017 no Marc, you you are being condescending while approximately 2 million people are about to lose their homes, and the ramifications will be that other businesses will go under also. As those people are struggling they will not be spending any money at all so this will impact the wider economy.
      The hike in interest rates has already pulled 40% of mortgage products from the market. People on tracker mortgages have already seen massive jumps in their mortgage payments. People going through or about to remortgage have seen huge rises in quotes.
      Is it true that over 1-2 million homes will be repossessed within a year?
      Is it true this will also cause a crisis in renting, because the higher mortgage cost will be passed on to the renters? The withdrawal of so many properties due to repossessions will drastically affect the renting market. Renters will also be evicted.
      Adding on to the thousands of pounds increase in energy costs, plus 10 to 20% rise in many goods and services, how many businesses are expected to fold?
      Because most people will struggle to afford to pay all their bills, how many are there of the extracurricular businesses such as restaurants, cafes, pubs, cinemas, gyms and so on are expected to fail because people will cut back and not afford to go to these places?
      Just how damaging is this expected to be to the economy?

    • @Johnsilver1982
      @Johnsilver1982 2 роки тому +3

      Is he, in fact, a real person? He seems like a punch caricarture come to life.

    • @robm.4512
      @robm.4512 2 роки тому +5

      @@Johnsilver1982 I’m fairly sure that Mogg is not, in fact, a real person.
      I suspect that he is actually merely a very tiny piece of a person.
      I’ll leave the details of exactly which tiny piece I believe it is to your imagination.
      .
      .
      .
      I really do mean tiny, probably shrivelled too.
      Apologies if you find me coarse, I used to be a gentle soul, a pacifist, but these disgusting excuses for human beings have rather spoiled that.

    • @I-have-blue-hair
      @I-have-blue-hair 2 роки тому

      ​@@marctemura2017 Is it always Mogg? There is something sort of death-like about him. Typical English though, other cultures have their destruction/rebirth cycles every billion years. I blame the tories.

  • @fuckbankers
    @fuckbankers 2 роки тому +3

    They can put that 2 billion into schools and the NHS now.

  • @Mr---mr4ll
    @Mr---mr4ll 2 роки тому +2

    Why is no one mentioning insider trading…. 😡 they said to their mates we are going to do A and then they celebrated that day in one of their mansions and then the week after they said we are going to do B and then those same twats made millions more!!!!! INSIDER TRADING !!!! Ffs

    • @jacpratt8608
      @jacpratt8608 2 роки тому

      its had quite a few mentions here

  • @propercomics5994
    @propercomics5994 2 роки тому +11

    They only scrapped it because they wouldn't get it through the Commons. They didn't 'listen'. Michael Gove realised this was terrible optics. Good on him

  • @Strickredmusic
    @Strickredmusic 2 роки тому +1

    It's a shame he can't reverse himself out of government.

  • @4Clover128
    @4Clover128 2 роки тому +3

    Get rid of Truss

  • @mrhead8175
    @mrhead8175 2 роки тому +2

    UK what were you thinking letting a proto human in charge of your economy LOL

  • @bobdebouwer7835
    @bobdebouwer7835 2 роки тому +6

    For people like this the French would start a new revolution

  • @foreveryoungguy1
    @foreveryoungguy1 2 роки тому +2

    Nothing ever changes in the UK. same shite over and over.

  • @jon780249
    @jon780249 2 роки тому +21

    Is his plan that he should resign? That sounds like a good plan. It was interesting he didn’t answer the question ‘do you think you are good at your job’!

    • @NONAMENEEDEDOK
      @NONAMENEEDEDOK 2 роки тому

      He is great at his job. Learn some economics and stop watching the lefty media.

    • @biggusdickus5986
      @biggusdickus5986 2 роки тому

      Yep he could hardly say "well my actions speak for themselves 😂"

    • @NONAMENEEDEDOK
      @NONAMENEEDEDOK 2 роки тому

      @@biggusdickus5986 So funny how none of you understand economics lol. Sooo delusional. Lefty dumbo

  • @bullrider9617
    @bullrider9617 2 роки тому +9

    Lizz Truss wants to run the country by Trial and Error methodology !!

  • @joshufo9959
    @joshufo9959 2 роки тому +4

    Absolutely embarrassing

  • @Lee-mz5cp
    @Lee-mz5cp 2 роки тому +1

    They need to hurry up and kick these two muppets out

  • @p-money33
    @p-money33 2 роки тому +6

    They say they've "listened" but they are abandoning this because they can't get it passed in law, not because they've seen the error of their ways. If it was truly so pivotal to growth, they wouldn't have ditched it. The fact they did (because it was electoral suicide) showed it was by choice. This was about rewarding their donors and the richest

  • @roaldruss4211
    @roaldruss4211 2 роки тому +2

    Listening to Jacob Rees-Mogg trying to defend Kwarteng and Truss' budget made me physically cringe.

  • @kayatoney5585
    @kayatoney5585 2 роки тому +5

    “do you think you’re good at your job” 😂😂😂

    • @jacpratt8608
      @jacpratt8608 2 роки тому

      a bit cruel. if you were talking to someone with any conscience at least. through to the keeper with this one.

  • @nicolaisacc2014
    @nicolaisacc2014 2 роки тому +2

    It's like closing the stable door after the horse has bolted

  • @rameshravi8669
    @rameshravi8669 2 роки тому +8

    Damage is already done company's are laying of people even BBC has layed of many employees. They are shameless , I have no words can only Boooo them.

  • @enoch327
    @enoch327 2 роки тому +5

    By my count the Truss government has used up 3 of its 9 lives. And Chancellor Quasimodo has to go. Now. Someone has to fall on the sword. Take one for the team Mr. Chancellor.

  • @abritishexpatinthephilippines
    @abritishexpatinthephilippines 2 роки тому +4

    It's such a pity that the politics of today is about positioning the future of many MP's in the big picture for their own ego's. They were elected to represent the wishes of the voters, not align themselves with the many ego's within their party...they need to remember as time goes on their job isn't supposed to be for life. The trouble is they are so rapped up in their own importance to be bothered to be loyal to their party leader. The looser of the challenge for Prime Minister are clearly doing their best to keep destroying any hope of the ordinary people, who voted them into power... shameful 'the right honourable member's REALLY, HONOURABLE?

  • @haydenharris3059
    @haydenharris3059 2 роки тому +1

    What a bunch of amateurs. He Said no more distractions like it was somebody else's fault, I despair.

  • @you-know-who9023
    @you-know-who9023 2 роки тому +16

    Looks increasingly like a general election will be called in 18 months, but it will not be soon enough for most people including voter's who usually vote for Tories.

    • @TehScareM8
      @TehScareM8 2 роки тому

      increasingly likely? it has to be by law

    • @you-know-who9023
      @you-know-who9023 2 роки тому

      @@TehScareM8
      It has to by law...... before January 2025 within 27 months.

    • @samanthahardy9903
      @samanthahardy9903 2 роки тому +1

      The King should step in and dissolve parliament now to get a General Election sooner, but I don't think he will.

    • @you-know-who9023
      @you-know-who9023 2 роки тому

      He probably won't but he should definitely use the weekly briefing to express stronger than usual opinion. There is definitely a justification and he might be persuaded by the fact that there is probably a good chance this government will stumble along for another 18 months.🙂🙋

  • @discostoo
    @discostoo 2 роки тому +2

    65bn their policy cost us already. Half the NHS budget. They need medieval punishment.

  • @ranabirroy9612
    @ranabirroy9612 2 роки тому +3

    Definition of incompetence

  • @太好了F
    @太好了F 2 роки тому +2

    I can't get over that we are supposed to be levelling up and yet they still can't rule out cuts to benefits during a cost of living crisis.

  • @Christian988.
    @Christian988. 2 роки тому +15

    Lizz and Kwasi finally listening to their SatNav and making a U-turn when possible.

    • @athenakoios
      @athenakoios 2 роки тому +1

      I am afraid it is too late.

    • @samanthahardy9903
      @samanthahardy9903 2 роки тому

      Satnav, "Turn left and head straight." (Into the nearest deep water).

  • @krisztiankramli3038
    @krisztiankramli3038 2 роки тому +1

    Need to arrest and remove them all !

  • @intenseninja82
    @intenseninja82 2 роки тому +14

    Chancellor Kwarteng only changed his mind because the public told him he made a mistake.

    • @gavinreid9184
      @gavinreid9184 2 роки тому +3

      He cared not a fig about the general public, he only spoke, let alone acted, when the cons said they would kick him out if he did not move in this conference.

  • @fuckbankers
    @fuckbankers 2 роки тому +2

    We can't wait 2 years. We need a General Election.

  • @sugarly69
    @sugarly69 2 роки тому +2

    Laughable, oh how the Great Britain has fallen..

  • @ppppp789
    @ppppp789 2 роки тому +8

    well the hedge funds have made their profits so kwasi doesnt care anymore

    • @realfreedom8932
      @realfreedom8932 2 роки тому

      On the way down and on the way up... he literally met with them before the u turn... shocking, bankers are the real owners

  • @virgilrytaar9083
    @virgilrytaar9083 2 роки тому +1

    And yet here we are, sucking it up like there isnt a choice. If ever there was a moment for anarchy, this is it. I loathe the lot of them. JRM needs a big slap. Why are we putting up with it? We fund them. We fund us. We are the people, we should dictate where our money goes

  • @3dagedesign
    @3dagedesign 2 роки тому +6

    Have they changed their decision to uncap the limits on bonuses for bankers ?

    • @whatsinaname11
      @whatsinaname11 2 роки тому +2

      Or their reluctance to tax the Energy companies?
      Next - more poverty for those on universal credit, further cuts in public services, and yet more austerity.

    • @allip4226
      @allip4226 2 роки тому +4

      No, we shouldn’t ask for pay rises because that could cause inflation but apparently bankers’ massive pay rises miraculously don’t cause inflation! 😂

    • @giansideros
      @giansideros 2 роки тому +2

      @@allip4226 they should have cut VAT, it literally compounds inflation and doesn't take into account ability to pay. A £500 laptop with VAT should only cost someone £416.67 without VAT but because we won't tax the wealthy and big businesses properly, we have to pay these stealth taxes after our deductions to compensate the budget.

    • @jacpratt8608
      @jacpratt8608 2 роки тому

      @@allip4226 that's because they are bankers and know how to handle money

  • @daiu48
    @daiu48 2 роки тому +1

    Conflict of interest: hedge fund cocktails on Kwarteng budget day. He worked for hedge fund manager Crispin Odey.
    Where is the media and parliamentary scrutiny…

  • @charlesflouvat1829
    @charlesflouvat1829 2 роки тому +4

    All day to day, hedge fund accounts, should be published 🤭

  • @alancaswell3780
    @alancaswell3780 2 роки тому +2

    Kwashi who? Hahaha. So incompetent to not think about how he is going to balance the books. Clearly no financial experience here. He’s toast.

  • @BosskV2.0
    @BosskV2.0 2 роки тому +13

    Its not really the chancellors U-turn though is it. Thats just Truss using him as a fall guy.

    • @biggusdickus5986
      @biggusdickus5986 2 роки тому +1

      I like how they played Blame Tennis back and forth with who started it,, she doesn't seem to get that ultimately the blame lies with her.

    • @jacpratt8608
      @jacpratt8608 2 роки тому +1

      its both of them

    • @BosskV2.0
      @BosskV2.0 2 роки тому

      @@biggusdickus5986 ...absolutely

  • @Anton-ji4td
    @Anton-ji4td 2 роки тому +1

    He laughed it off as a joke! But cost the BOE £65bn, and severely damaged the economy and people now face higher mortgage costs, and higher interest rates. I do not think that it is funny or to be laughed at. In most companys total incompetence and stupidy is a sacking offence. I have zero confidence in Truss & Kwarteng. They should be replaced immediately.

  • @zvilender247
    @zvilender247 2 роки тому +6

    One wonders how come a pair displaying such a profound level of utter shallowness and lack of knowledge has found its way to Downing Street. Their greatest achievement should be marked by serving the shortest ever period of time in office.

    • @whatsinaname11
      @whatsinaname11 2 роки тому +1

      Westminster is full of Tories of the same ilk. You act surprised.

    • @zvilender247
      @zvilender247 2 роки тому

      @@whatsinaname11 'Westminster is full of Tories of the same ilk' -- A BBC production ridiculing the government would have done a far better job at handling the budget.

    • @jacpratt8608
      @jacpratt8608 2 роки тому

      @@whatsinaname11 no, these are a new level of low. possibly due to some combo of the class system and ruined education system.

  • @romanjimenezgil
    @romanjimenezgil 2 роки тому +3

    I am learning English and I follow these videos to listen to different accents. But that of Rees...is so upper upper Eton oxford class that I dislike him deeply. I think that man should live for 6 months on 2000 pounds and pay the bills, the gas the insurance the petrol the food the clothes the mortgage the education...of a family of 4....

  • @bilpat5123
    @bilpat5123 2 роки тому +11

    Listen to kwasi it sounded exactly like borris.. close your eyes and listen to him.....

    • @sarahjf69
      @sarahjf69 2 роки тому +4

      I spotted that too

    • @Totajee79
      @Totajee79 2 роки тому +3

      Yep.

    • @jbtv5617
      @jbtv5617 2 роки тому

      Hes been like that for a while now, probably got the same PR guy

  • @mark861
    @mark861 2 роки тому +7

    Hang on a second..I hope this conference building is being powered by wind power.

  • @Greenpoloboy3
    @Greenpoloboy3 2 роки тому +3

    I am at the point where I can't even look at these people let alone listen to their nonsense.

  • @NOBODY-mi4ce
    @NOBODY-mi4ce 2 роки тому +1

    This government of UK is nothing but a joke🤣

  • @jackhaggerty1066
    @jackhaggerty1066 2 роки тому +11

    Kwarteng: 'What a day ! It has been tough.'
    What world is this blundering booby living in ? What does he know about life being tough ?

    • @zephyr8072
      @zephyr8072 2 роки тому +2

      "I nearly collapsed the pound, cost the British taxpayer £65 billion and irrevocably damaged the economy for the next 40 years due to my arrogance, greed and stupidity. What a day! Good thing I'm in the Tory government, if this were any other job I'd be in jail right now." - Kwasi the Klown.

    • @jackhaggerty1066
      @jackhaggerty1066 2 роки тому

      @@zephyr8072 Well said. We have the D Stream running Westminster, Truss and Kwarteng. They belong in jail for what they did.

  • @miakaal
    @miakaal 2 роки тому +2

    everyone at that conference has profited since 2017

  • @colinmassey527
    @colinmassey527 2 роки тому +3

    Probably had machine guns and "CLAP NOW" signs pointing at the Tory MP audience - must have been a bit like a Putin rally...

  • @avarmauk
    @avarmauk 2 роки тому +1

    Drops a nuke, picks up a bit of rubble and says “I fixed it”

  • @alexperriman9298
    @alexperriman9298 2 роки тому +5

    I lived for a long time in Somerset, best years of my life.. I cannot believe that such lovely, humorous and kind people would return this.... at the next election.

    • @edix1673
      @edix1673 2 роки тому +2

      I cannot believe that any group of people who would ever vote Tory en masse could ever be described as lovely or kind.

    • @bonk5207
      @bonk5207 2 роки тому

      ​@@edix1673 let's not demonise people who disagree with us in a democracy, its that binary us Vs them which is divisive and plays into their hands. people vote for what they believe will make things better and the Tories often are very good at selling a story which sounds very attractive to a lot of people. we have to understand why people voted for the Tories and welcome them back with open arms if we want to beat the conservatives at a general election

    • @edix1673
      @edix1673 2 роки тому

      @@bonk5207 its actually quite simple.
      Left wing = the hope we can use what we have to build a better world for everyone.
      Right wing = the fear that someone else might get a little bit of what we already have.

    • @alexperriman9298
      @alexperriman9298 2 роки тому

      @@edix1673 Delusional?

    • @edix1673
      @edix1673 2 роки тому +1

      @@alexperriman9298 informed

  • @he7281
    @he7281 2 роки тому +2

    It’s good to know that Kwasi and spineless Truss has listened to the public pointing out their incompetency.

  • @romanjimenezgil
    @romanjimenezgil 2 роки тому +3

    To balance the accounts they will privatize public sectors such as health. In the short term it will save money but after a couple of years it will get increasingly more expensive

  • @Thebearmre7
    @Thebearmre7 2 роки тому +2

    “We have a plan” but we maybe forced by the party to change this plane again. Lol

  • @jbtv5617
    @jbtv5617 2 роки тому +22

    Enjoying the clown show folks? 🤡💷🔥

    • @jonsimmons4150
      @jonsimmons4150 2 роки тому

      Japan trades freely the world over, japan doesnt pay into a standover committee in a foreign land to do so, Japanese visa and immigration system isn't overridden by a standover foreign committee for 27 countries on the back of its international trading arrangements, giving 27 countries citizens unfettered access to Japanese jobs, welfare, healthcare,and housing and paying billions of yen for the privilege..
      ~Its "Project Reality"
      ~its how the rest of the world works in 169 countries

  • @reg220
    @reg220 2 роки тому +1

    Mogg should be taken away from Politics, . Very Dangerous Thing of a person. I feel sorry for his Kids.

  • @112deeps
    @112deeps 2 роки тому +14

    I wonder If I may end up voting for Labour for the first time at next election ....!! I think now the conservatives know Rishi Sunak would have been better for Britain

    • @jon780249
      @jon780249 2 роки тому +6

      Go on, give it a try. It has to be better than this shambles.

    • @josephlennon8475
      @josephlennon8475 2 роки тому

      This new Prime Minister and her cabinet are useless. But what is even more useless is the Labour Party. That lot will sell the British people out quicker than you could possibly imagine. Vote for a far right group if you can. It depends on how widespread their candidates are.

    • @Ian_Paq
      @Ian_Paq 2 роки тому +7

      We all know why they choose Lizzie!
      Because the Torie’s base is racist!
      Period…
      We all knew what to expect from Tuss!
      A disaster!

    • @112deeps
      @112deeps 2 роки тому

      @@jon780249 , only problem is I saw Jeremy corbyn as labour leader and the labour's conference with Islamic Pakistani agenda and vote bank politicing trying to duplicate DNC .....and if trump had managed to stay in I would bet my mortgage interest rate that Afghanistan and Ukraine fiasco wouldn't have happened and inflation and interest rate would be nowhere as high. Sorry to say the American labour party has fcuked the whole worlds. As it says in book sins of father paid by sons and daughters etc..

    • @112deeps
      @112deeps 2 роки тому +2

      @@Ian_Paq , still I was hoping for something better from independent common sense. One thing we can see is she ain't Margret Thatcher.. lol

  • @HzHz
    @HzHz 2 роки тому +1

    It is all deliberate.

  • @Ian_Paq
    @Ian_Paq 2 роки тому +3

    Mogg is a gravedigger!

  • @jonathankennedy1715
    @jonathankennedy1715 2 роки тому +1

    Raise tax free allowance to £16,000

  • @jananders1351
    @jananders1351 2 роки тому +3

    It's probably a given that a series of interviews with politicians at the Tory conference will look like a parade of fools. But this series; Kwarteng, Philips, Mogg, "red-wall" Tory MPs, were spectacularly well suited to their clownish roles.

  • @HandbagmadTV
    @HandbagmadTV 2 роки тому +1

    There was a huge backlash and decisions were reversed... Now we need to go after them for the council tax. That needs to be abolished next.

  • @toriesdontgettazered7464
    @toriesdontgettazered7464 2 роки тому +4

    Monsters

  • @tal-lancer
    @tal-lancer 2 роки тому +2

    Independent Scotland. United Ireland.
    If the English want to mess up their own country, they're free to do so.

  • @crimsonpirate1710
    @crimsonpirate1710 2 роки тому +3

    We need change now. Another 2 years of this lot amd thats the UK destroyed for a generation

  • @mmmoroi
    @mmmoroi 2 роки тому +1

    It took a while to obtain approval from K. Schwab, hence the delay of announcement.

  • @DeusShaggy
    @DeusShaggy 2 роки тому +3

    Down with the Tories!