#rishisunakpm — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #rishisunakpm, aggregated by home.social.
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So (finally) we may find out quite how damaging #Brexit is going to be for #supplychains bringing in good (especially #food) from #Europe.... but not until October 2024.
What this tells us is either #RishiSunakPM is planning an election in summer 2024 (around 6months before he needs to), so th required border checks will not be a live issues for #voters....
or this is expected to be a poisoned chalice for the next Govt. when trying to formulate post-#Brexit policy
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So (finally) we may find out quite how damaging #Brexit is going to be for #supplychains bringing in good (especially #food) from #Europe.... but not until October 2024.
What this tells us is either #RishiSunakPM is planning an election in summer 2024 (around 6months before he needs to), so th required border checks will not be a live issues for #voters....
or this is expected to be a poisoned chalice for the next Govt. when trying to formulate post-#Brexit policy
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When UK political parties do well in #local elections, it is taken as a vote of confidence in national policies, when they do badly its treated as 'merely' a protest vote with little national significance...
ahead of next months #localelections I think we can be pretty sure that #RishiSunakPM will be taking the latter position, as some polls already suggesting the #Tories may lose upwards of a thousand councillors....
Rishi will likely spend this month talking down the election's significance
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Yesterday afternoon #RishiSunakPM said that as part of the 'additional funding' for the #NHS pay settlement there will be some 'reprioritisation, as there always is'; so that' not fully funded then - at least some of the cash will be redirected from the current budget.... so the row back didn't take long did it now (hours rather than days)
h/t @fkamiah17 for the heads up on that!
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Ben Jennings (Guardian) on the #RishiSunakPM's immediate punishment scheme & who should be subjected to it....
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A statement from Evelyn Partners (#RishiSunakPM's accountants):
“As experts in these areas, we will of course express our professional views on whether policy measures are positive or negative for our clients’ finances, irrespective of whoever is in government. We are strictly apolitical.”
'apolitical???'
Representing the interests of the global rich (EP's core clients), isn't apolitical;it may be non-party-political, but it certainly is taking a political position on taxation & regulation
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However you crunch the numbers to compute #RishiSunakPM's effective tax rate... the real thing that his tax information (not his tax return which was not published today) confirms is that Rishi is not one of us; he's a member of the rich elite, disconnected from real life by a vast cushion of cash...
He's as good an illustration as you need of the oligarchy at the top of UK politics!
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However you crunch the numbers to compute #RishiSunakPM's effective tax rate... the real thing that his tax information (not his tax return which was not published today) confirms is that Rishi is not one of us; he's a member of the rich elite, disconnected from real life by a vast cushion of cash...
He's as good an illustration as you need of the oligarchy at the top of UK politics!
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After some time it seems #RishiSunakPM & his cabinet have been unable to convince the majority of the UK public (#voters) that the #strikers are the enemy... rather support for most strikes remains strong.
Of course, the moves to now settle (or at least appear to be interested in settling) the disputes are informed by these figures, but, as I keep noting:
Importantly, without budget support any 'settlement' is just #austerity, with an intent of later blaming strikers for #publicservice cuts!
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After some time it seems #RishiSunakPM & his cabinet have been unable to convince the majority of the UK public (#voters) that the #strikers are the enemy... rather support for most strikes remains strong.
Of course, the moves to now settle (or at least appear to be interested in settling) the disputes are informed by these figures, but, as I keep noting:
Importantly, without budget support any 'settlement' is just #austerity, with an intent of later blaming strikers for #publicservice cuts!
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More on the friends of #RishiSunakPM:
'a senior banker recently told [William Kegan] that, when the prime minister was suggesting there was a clamour in the City for the relaxation of financial regulation, he (the banker) asked his counterparts in other financial institutions whether they were lobbying for it; nearly all of them said no. He said #GoldmanSachs was the exception. This called to mind the wonderful, ironic chapter in JK Galbraith’s The Great Crash...:
In Goldman Sachs We Trust.' -
So #RishiSunakPM's family had to be spoken to about letting their dog off its lead in #HydePark, where all dogs are supposed to be on leads to protect local wildlife...
its just a small thing, but yet another revealing incident in the life of our political elite...
'there's a rule, but surely that's not intended for people like us...'
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So #RishiSunakPM's family had to be spoken to about letting their dog off its lead in #HydePark, where all dogs are supposed to be on leads to protect local wildlife...
its just a small thing, but yet another revealing incident in the life of our political elite...
'there's a rule, but surely that's not intended for people like us...'
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Q. is the demise & rescue/sale of #SiliconValleyBank an anomaly in a broadly stable #finanacial system, or the canary in the mine on regulatory problems in #financialservcies?
Right now, #RishiSunakPM & #POTUSBiden will be hoping their swift action(s) will have forestalled a wider crisis, but this morning dips in bonds & banking shares suggest some jitters among #investors in banks.... if contagion starts to gather pace the financial sector's 'stability' may prove illusionary - time will tell!
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You'll have noticed some trouble with #SiliconValleyBank last week;
its an interesting illustration of a number of issues (which have been widely discussed over the weekend) but particularly allows us to draw a distinction between #POTUSBiden & #RishiSunakPM' approach to state 'intervention' in such cases:
The US is using its regulatory system to shore up depositors/clients in the crisis...
and the UK; we're trying to get #MiddleEast financials to buy the UK's SVB operation!
h/t FT
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You'll have noticed some trouble with #SiliconValleyBank last week;
its an interesting illustration of a number of issues (which have been widely discussed over the weekend) but particularly allows us to draw a distinction between #POTUSBiden & #RishiSunakPM' approach to state 'intervention' in such cases:
The US is using its regulatory system to shore up depositors/clients in the crisis...
and the UK; we're trying to get #MiddleEast financials to buy the UK's SVB operation!
h/t FT
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Of course this is not going to surprise you but it seems that #RishiSunakPM's move to lighten the tax burden on #airlines was the result of some focussed lobbying by the sector...
If you still think there is any #green element to the #Tories ongoing policy, its only the colour of jealousy from those sectors unable to gain preferable tax treatment because they aren't chums with the appropriate minister...
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Of course this is not going to surprise you but it seems that #RishiSunakPM's move to lighten the tax burden on #airlines was the result of some focussed lobbying by the sector...
If you still think there is any #green element to the #Tories ongoing policy, its only the colour of jealousy from those sectors unable to gain preferable tax treatment because they aren't chums with the appropriate minister...
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#RishiSunakPM is in #Paris today... here are four ways of seeing today's meeting:
Hurrah, finally (after the #LizTruss 'jury's out' comment) we are exploring a reset with our nearest neighbour....
Sigh, it just more declaratory politics; they'll chat, announce some 'initiatives' & nothing much will change...
Grrr... its a betrayal of #Brexit; how dare our PM talk to the French...
Shrug: its just too #neoliberal leaders comparing notes on how to shaft the #workers! #classwar
Take your pick!
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#RishiSunakPM is in #Paris today... here are four ways of seeing today's meeting:
Hurrah, finally (after the #LizTruss 'jury's out' comment) we are exploring a reset with our nearest neighbour....
Sigh, it just more declaratory politics; they'll chat, announce some 'initiatives' & nothing much will change...
Grrr... its a betrayal of #Brexit; how dare our PM talk to the French...
Shrug: its just too #neoliberal leaders comparing notes on how to shaft the #workers! #classwar
Take your pick!
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#SuellaBraverman - we will turn back #migrants....
#RishiSunakPM - Hold on, are any builders?
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are we about to see 'eatoutgate' as #MattHancock's WhatsAp messages reveal the Treasury looked to be covering up the impact of the Eat Out to Help Out scheme on local #covid infections?
its an open secret the scheme was #infection-generating (albeit this has been off the political agenda for a while), but as always the cover-up may be more politically problematic than the failure itself.
Watch out for #RishiSunakPM's distraction strategy to kick in
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are we about to see 'eatoutgate' as #MattHancock's WhatsAp messages reveal the Treasury looked to be covering up the impact of the Eat Out to Help Out scheme on local #covid infections?
its an open secret the scheme was #infection-generating (albeit this has been off the political agenda for a while), but as always the cover-up may be more politically problematic than the failure itself.
Watch out for #RishiSunakPM's distraction strategy to kick in
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As we wait to see how long leave #SueGray will be required to take before joining #KeirStarmer's team, its clear the Daily Mail is a little concerned by the turn of events...
If all they've got is post-hoc #conspiracytheory then you know the #Tories are worried, however much (semi)positive coverage #RishiSunakPM might be able to generate!
Given the revolving door between the Cabinet & Tory supporting firms you'd think this might be the sort of speculation the Mail would want to discourage!
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As we wait to see how long leave #SueGray will be required to take before joining #KeirStarmer's team, its clear the Daily Mail is a little concerned by the turn of events...
If all they've got is post-hoc #conspiracytheory then you know the #Tories are worried, however much (semi)positive coverage #RishiSunakPM might be able to generate!
Given the revolving door between the Cabinet & Tory supporting firms you'd think this might be the sort of speculation the Mail would want to discourage!
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Ha ha... well that didn't take long... already the #Treasury are 'exploring' how a U-Turn on the reduction of #energy support might be finessed in the run up the #budget in a couple of weeks.... looks like #RishiSunakPM is not going to rely on the DUP's ability to offer a distraction to #fuelpverty after all....
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Over 7m people in UK are currently in #fuelpoverty; more that 10% of income, excluding housing costs is spent on #energy!
What is #JeremyHunt going to do: shift support available to raise people's bills this spring....
So in the next couple of weeks we are either going to see a U-Turn, or we're going to see an extended programme of distraction;
perhaps #RishiSunakPM is expecting the DUP to cause such difficulties about the #WindsorAgreement that Hunt's budget will be on the inside pages?
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Q. is the 'emergency brake' or Stormont Brake which is a central element of the #WindsorAgreement actually a legislative brake or an ornament?
@davidallengreen argues that its the latter, and I'd trust his interpretation on this more than any public pronouncement by #RishiSunakPM or his nominated spokesperson... so once the DUP realise, I'm guessing there may be some fireworks!
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Q. is the 'emergency brake' or Stormont Brake which is a central element of the #WindsorAgreement actually a legislative brake or an ornament?
@davidallengreen argues that its the latter, and I'd trust his interpretation on this more than any public pronouncement by #RishiSunakPM or his nominated spokesperson... so once the DUP realise, I'm guessing there may be some fireworks!
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So now we are about to see quite how hard the DUP tail can wag the UK Govt. dog.... never, never underestimate the desire of a small party holding a larger party to ransom, to demonstrate their leverage - if the DUP does agree to rejoin power-sharing watch out for the price exgtracted from #RishiSunakPM
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So now we are about to see quite how hard the DUP tail can wag the UK Govt. dog.... never, never underestimate the desire of a small party holding a larger party to ransom, to demonstrate their leverage - if the DUP does agree to rejoin power-sharing watch out for the price exgtracted from #RishiSunakPM
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In #shipping, once a shift in routing has taken place (replacing a previously route), shifts back are unlikely... so the news that #Irish freight that used to hop across the #Irishsea & then ship to #EuropeanUnion via #Dover is now using the Rosslare to Cherbourg route is (for Dover) yet one more loss we can attach to #Brexit.
Even if #RishiSunakPM does sort out the #NorthernIrelandProtocol, I'd be very surprised if much of this business comes back to Dover;
Another victory for the wreckers
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In #shipping, once a shift in routing has taken place (replacing a previously route), shifts back are unlikely... so the news that #Irish freight that used to hop across the #Irishsea & then ship to #EuropeanUnion via #Dover is now using the Rosslare to Cherbourg route is (for Dover) yet one more loss we can attach to #Brexit.
Even if #RishiSunakPM does sort out the #NorthernIrelandProtocol, I'd be very surprised if much of this business comes back to Dover;
Another victory for the wreckers
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As #RishiSunakPM contemplates a partial concession to some (if not all) #publicsector strikers with near-#inflation pay settlements, its as well to recall that #JeremyHunt has frozen personal allowances until 2028, meaning that the rises will also ensure a larger proportion of the resulting final pay will be subject to #taxation... in a time of inflation but static tax allowances, we have essentially (another) tax rise, especially on the low(er) paid - so no change there, then
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As #RishiSunakPM contemplates a partial concession to some (if not all) #publicsector strikers with near-#inflation pay settlements, its as well to recall that #JeremyHunt has frozen personal allowances until 2028, meaning that the rises will also ensure a larger proportion of the resulting final pay will be subject to #taxation... in a time of inflation but static tax allowances, we have essentially (another) tax rise, especially on the low(er) paid - so no change there, then
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So, CitiGroup has handed #RishiSunakPM a 'win', in that they are predicting that UK #inflation will drop swiftly to less that 3% by the end of the year... wait for Rishi to claim credit (its actually mainly linked to expected declines in #energy prices), contrasting with his claims he had nothing to do with it going up... more declaratory #politics on the way folks...
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So #RishiSunakPM, with #juniordoctors now voting to join the #NHSstrikes, how that game of hardball going for you?
So #SupportTheStrikes however inconvenient it is for you
#SupportOurNurses, because clapping (in the end) was a distraction...
The NHS is not safe in #Tory hands... and this is what the strikes are really about!
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So #RishiSunakPM, with #juniordoctors now voting to join the #NHSstrikes, how that game of hardball going for you?
So #SupportTheStrikes however inconvenient it is for you
#SupportOurNurses, because clapping (in the end) was a distraction...
The NHS is not safe in #Tory hands... and this is what the strikes are really about!
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So #RishiSunakPM, with #juniordoctors now voting to join the #NHSstrikes, how that game of hardball going for you?
So #SupportTheStrikes however inconvenient it is for you
#SupportOurNurses, because clapping (in the end) was a distraction...
The NHS is not safe in #Tory hands... and this is what the strikes are really about!
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So #RishiSunakPM, with #juniordoctors now voting to join the #NHSstrikes, how that game of hardball going for you?
So #SupportTheStrikes however inconvenient it is for you
#SupportOurNurses, because clapping (in the end) was a distraction...
The NHS is not safe in #Tory hands... and this is what the strikes are really about!
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I kinda laughed this morning reading Rishi was jetting over to NI, like he was going to fix this protocol thing... Sorry mate, you're not the guy to pull this one off.
Maybe they get it done (again), but an out of touch Tory government aren't part of the solution.
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As #RishiSunakPM tries to conclude the negotiations around the #NorthernIrelandProtocol, we can expect the #eurospecpitc right (inc. the #DUP) to attack him (they've already started)!
The central Q. is: is he strong enough in his position to face them down?
if not, we can expect further troubles both from the #EuropeanUnion & from across the Atlantic where #JoeBiden has made his position pretty clear on the NIP's relation to the peace in #Ireland...
So, Rishi, how's your backbone?
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As #RishiSunakPM tries to conclude the negotiations around the #NorthernIrelandProtocol, we can expect the #eurospecpitc right (inc. the #DUP) to attack him (they've already started)!
The central Q. is: is he strong enough in his position to face them down?
if not, we can expect further troubles both from the #EuropeanUnion & from across the Atlantic where #JoeBiden has made his position pretty clear on the NIP's relation to the peace in #Ireland...
So, Rishi, how's your backbone?
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Looks like #Centrica (owner of #BritishGass) will confirm massively increased profits from last year... given these stem from the rise in wholesale price(s) not anything Centrica has actually done (other than control gas supply), this should be the rightful target for #windfalltaxes... these are essentially monopoly 'super profits'!
However, I won't be holding my breath! #RishiSunakPM is in their pocket!
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Looks like #Centrica (owner of #BritishGass) will confirm massively increased profits from last year... given these stem from the rise in wholesale price(s) not anything Centrica has actually done (other than control gas supply), this should be the rightful target for #windfalltaxes... these are essentially monopoly 'super profits'!
However, I won't be holding my breath! #RishiSunakPM is in their pocket!
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It seems #RishiSunakPM finally may(!!) be considering back-dated pay rises for #strikers in the #publicsector...
but as before this is so much hogwash if #JeremyHunt continues to hold the line that all pyrites must come from within existing/settled budgets... if so, this is just another run at defunding public services (most crucially the #NHS) & will merely shift the problem from one aspect of the (various) public services' organisation to another...
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Casting around for distractions from what is going on, on the ground, #RishiSunakPM tells us he will do 'whatever it takes' to deal with balloon incursions into our airspace... its a pity his fortitude doesn't stretch to the #NHSstrikes... but the #Tories are past masters at the politics of distraction, so we shouldn't be surprised Rishi has grabbed the balloon with both hands
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Casting around for distractions from what is going on, on the ground, #RishiSunakPM tells us he will do 'whatever it takes' to deal with balloon incursions into our airspace... its a pity his fortitude doesn't stretch to the #NHSstrikes... but the #Tories are past masters at the politics of distraction, so we shouldn't be surprised Rishi has grabbed the balloon with both hands
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Casting around for distractions from what is going on, on the ground, #RishiSunakPM tells us he will do 'whatever it takes' to deal with balloon incursions into our airspace... its a pity his fortitude doesn't stretch to the #NHSstrikes... but the #Tories are past masters at the politics of distraction, so we shouldn't be surprised Rishi has grabbed the balloon with both hands
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Casting around for distractions from what is going on, on the ground, #RishiSunakPM tells us he will do 'whatever it takes' to deal with balloon incursions into our airspace... its a pity his fortitude doesn't stretch to the #NHSstrikes... but the #Tories are past masters at the politics of distraction, so we shouldn't be surprised Rishi has grabbed the balloon with both hands