Sunak will be the first black (not really black, but black in the eyes of racists) to be PM.
Labour will regain victory without admitting their voter base are working class racists who don't like billionaires and want gibs...
One thing I think will happen is Liz becomes the first female Chancellor under his government, Penny will be foreign sec. and Kemi might even be home sec. so it won't be so bad for the Tories. Regroup and win in 5 years.
Originally posted by Blakemore
Assuming inflation will continue under Truss.
I've not heard any proper plan from Truss to deal with inflation tbh. But the BOE would likely take steps to deal with that.
But Large Companies don't tend to put their prices down just because they're paying less tax. Although sometimes they might hire more people, depending on the extent of the cuts.
Originally posted by Old Man Whirly!Yeah, I rescind my previous statement.
That's not a libertarian...
Originally posted by Darth ThorAnd I'm hopeful of that.
I've not heard any proper plan from Truss to deal with inflation tbh. But the BOE would likely take steps to deal with that.But Large Companies don't tend to put their prices down just because they're paying less tax. Although sometimes they might hire more people, depending on the extent of the cuts.
Originally posted by Darth Thor
Although sometimes they might hire more people, depending on the extent of the cuts.
Yeaaahhh...no.
Companies aren't using tax cuts to create jobs. Quite the opposite. They're using tax cuts to fund mergers and acquisitions and to invest in automation both in order to slash jobs.
Visitors to_Robotics and Automation_– the UK’s largest dedicated robotics and automation exhibition – on 2nd and 3rd November 2021 at the Ricoh Arena in Coventry will be able to take advantage of the super-deduction and other capital allowance measures.The event will see industry-leading suppliers to the UK showcase the latest in industrial and collaborative robots, autonomous mobile robots and automated guided vehicles, automated assembly machines and parts handling equipment, motion control and machine vision technology, sensors, as well as the latest advancements in AI and the IoT enabling smart factories and smart manufacturing.
Robotics and Automation 2021 exhibitor CKF Systems said: “[The super-deduction]_is a great opportunity for businesses to invest in new plant machinery to secure their future success.”
Fund managers from Columbia Threadneedle Investments, Hodges Capital and Hood Capital say that they expect that companies will use part of their tax savings to invest in high-cost machines that will allow them to reduce labor costs over time
Originally posted by jaden_2.0
It'll be Rishi Sunak. Because the Tories are in touch with the struggling common man during this unprecedented cost of living crisis and that's why they'll vote in the richest MP in the UK with a £700,000,000 fortune who, by his own admission in an interview, said he's never had any working class friends.
Pfft, who wants to make friends with the service staff anyways.
Ladies and gentlemen. Liz Truss
If you listen closely you can almost hear the guy in her earpiece saying "remember and smile Liz...NO NO NO NOT THE CREEPY DEATH STARE!!!"