She has just complained about being referred to as disastrous by civil servants, she says it is unfair. This relates to a new "Budget Responsibility Bill" that makes it a requirement for the Office for Budget Responsibility to produce forecasts of the impact of significant tax and spending decisions. Liz Truss and Kwasi Kwarteng bypassed this procedure when they announced masses of unfunded tax cuts, which temporarily tanked the UK economy.
Background briefing notes accompanying the King's Speech said Labour's bill would stop Budget measures "being announced without sufficient scrutiny".
The original document said the move would "prevent those announcements that could resemble the disastrous Liz Truss ‘mini budget'," adding it had "damaged Britain’s credibility with international lenders".
It added that Labour's plans, which it has branded a "fiscal lock", would "ensure that the mistakes of [the] Liz Truss ‘mini budget’ cannot be repeated".
If she hoped complaining about this would mean people quietly forgot about it then I think she is mistaken. She will go down in history.
Sunny and light winds, 16 - 23℃.
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Paul Clarkeʼs blog - I live in Hythe in the far South. Married + dad to 2, I'm a full stack web engineer, + I do js / Node, some ruby, other languages etc. I like pubbing, parkrun, eating, home automation and other diy jiggery-pokery, history, genealogy, Television, squirrels, pirates, lego, + TIME TRAVEL.
🏷 liz truss 🏷 history 🏷 tax 🏷 politics 🏷 government
Yep, deliberately unstyled.