Chancellor reverses tax cuts and energy help in Liz Truss’ mini-budget
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- Опубликовано: 16 окт 2022
- The prime minister is not under a desk, declared Penny Mordaunt as she stood in for Liz Truss today in parliament - the mockery right on the edge of OK when the news is so grim.
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Earlier, in one of the greatest humiliations in British political history, the current Chancellor Jeremy Hunt had systematically reversed almost every economic policy she'd announced, scrapping or delaying tax cuts and warning of painful decisions to come.
Even the energy price guarantee, the central plank of her mini-budget, wasn't spared the chop; that will now end in April, not in two years.
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Embarrassment doesn't begin to describe this government and our country.
I don't care about the embarrassment. No more help with energy bills. I would rather be warm and embarrassed than cold and embarrassed.
It is, this country has always been a joke
@@marfu1119 Well go somewhere else then you moaning muppet. Country and Government are two separate things. Yes this govt are stupid, but the essence of the country is still there. A lot worse places to be ... east and west.
The UK has become a banana state
By design. Wait another year or so till the great reset is in full swing. Big surprises coming
you had 12 years in power and done nothing and now we got a chancellor who brought the nhs to its knees
Congratulations to Ms Truss on her new position as head of The Anti Growth Coalition.
😂😂😂
Oh there’s a growth. It’s cancer.
😆😆😆
Funniest comment love it
"What is really the point of Liz Truss right now?" Too true
Irrelevante
She's Zelensky deputy just like the clown Boris focusing on Ikraine more than British! And she wants the British to pay high price and keep supporting Ikraine losing war!!
Liz the Lettuce is an inspiration for comedy.
@@NeoFreshair Are you one of Putin's henchmen? Asking for a friend
What is the point of Liz Truss?
Don’t vote for the Tories 👍
Never have, never will.
Couldn’t be bothered to turn up for an urgent question in parliament but has the nerve to hold a social drink a few hours later…
Utter contempt for the British people!
Typical Tory behaviour
That's wat I'm saying Lizard Lips looked doped up when she finally decided to show her face 👀😡 she and her Minions are toast for sure ducking and diving is her favourite pastime NO SHAME at all just sat there High as a Kite why did she even bother to show up 😠😠 General Election ASAP
hunt was useless with the n h s . he will cause us to be hard up by the sound of it.
A social drink or a political wake?
"I Spoke to todays chancellor"....that just hits different now, who we got tomorrow?🤣
Well, at the rate things are going, everybody gets 15 minutes on the job, and an extra hour in the ball pit.
@@keikoandgilly My god I'm dying xD
It's simply not true that Liz Truss has contributed nothing since becoming PM, she has been a huge source of amusement to many people (foreigners, mostly).
😆😅🤣
Ha Ha! But seriously this isn't funny as were in financial instability as a nation thanks to this woman and that's not amusing!
Yea lot's of south asians and Europeans laughing. Even biden had a lil laugh 🤦.
Too true. I have never laughed so much for a long time. That said, she really has to go.
She s aged 3 yrs in 3 weeks .
They should be in court for their reckless economic policies, and the damage it's done to the country, that we have to pay for.
And we get to fund Liz Truss's expenses to the tune of up to £115k every year for the rest of her life thanks to the Public Duties Cost Allowance available to all former PM's
They should all been in there anyway; from killing all the elderly in old people homes over covid.
@@Boghopper1979 Yeah, she (and the rest of them) are the _real_ skivers and slackers in the UK.
the dinghy divers are cosy and well fed in their hotels bless them. we are watching every penny not wanting to get into debt.
@@johnbellamy6449 sorry, I have no idea what you're talking about?
After all that has happened in the last few months, it's madness not to have an election. This is what happens when you let one party rule for over a decade.
you are an idiot if you think the Liberals can do anything better... No matter who is in power, the answer will cost the UK much blood, sweat and tears. Get ready G0YM
Couldn't agree more
Evilmocrats in the US want to hang on to power calling Republicans white supremacists, anti democracy and even nazis! But they support Azof nazis in Ikraine 😱
The incumbent party will be very reluctant to go to a general election now, because many will fear losing their cushy jobs.
Here in Queensland, we have a unicameral Parliament, and as soon as the Opposition displaces the incumbent party, a big shake-up of the electoral boundaries (read 'gerrymander') happens, and the new Government settles in for ten or more years, until incompetence and corruption is so obvious that the gerrymander can't protect their position.
This is thanks to an opportunistic move by the Labour Party in 1922 to 'save money' by deleting the Upper House.
I love the way he changes "Chancellor" to "today's Chancellor". Just says it all
You are so right. Very subtle and fast correction. Hunt didn't stand a chance.
He’s a cheeky one!
I think we pretty much all do. A chance to wipe the Tories out completely, and hopefully forever in this guise.
Chancellor du jour?
4 months, 4 chancellors. When the new PM comes in it'll be 5 months 5 chancellors. If someone wrote it in a TV drama people would say it was ridiculous. Yet here we are.
What an absolute clown show, a PM so destroyed she can’t even bring herself to utter a single word in Parliament anymore.
It’s so bizarre that the Chancellor is defending the PM and the PM is silent. Sounds like he is de facto PM.
He is. Whatever the titles...Hunt operating as PM...
"The parties are back in Downing Street..." Brilliant, simply brilliant.
23:30🤣🤣🤣
🤣 so true so true
It's been a good day for Hunt,out of the political wilderness to be, in effect, the PM.As for the rest of us we look on in horror at our utterly useless leaders and totally dysfunctional political system.
Jeremy Hunt is moving up, in much the same way as Jim Hacker did......
Hunt is very well bad, agreed. BUT, he is much, much saner.
Hunt is liar
Yeah, it's almost like we should be electing boring but competent people instead of people who just want celebrity and adulation
Hunt is liar
I want a general election. Enough is enough. So have the British people. An absolute disgrace 😤
Why? So another pleb can come into the picture?
The system is rigged so only degenerate clowns can be voted in.
Once you learn this simple fact you will simply stop voting. It doesn't make a difference anyway.
I hear people say this... And then they vote Torie?
👏👏👏👏👍✌ GET THEM OUT they should be in prison not at the helm
@@bereal6590 Keeping it real!
General election now! #EnoughIsEnough
Nice alleged democracy you got there .
If there's any non-WEF candidates left then totally agree.....
And vote for labour...?
They're ALL a shower. Once enough people understand this, things will change.
Who do we vote for though? Both labour and tories are terrible
@@poolplayerpoolplayer7430 get serious, nobody could make that analysis if they've paid attention over the last couple of decades
PM turned up 1 hour late with a deranged smirk from start to finish and nothing to say. That will re-assure the markets
Avoiding another Trussterfck is what calmed the market.
@@RobBCactive not today then
@@ukulelelab4219 it smells like a coup, Liz Lettuce has made some limp soggy apology and talked about delivering the 2019 manifesto
In the meantime Dizzy Lizzy is drawing a PM´s salary for just sitting like a dummy in the Commons. What a waste of time, space and public money !
I know. She actually got paid good money to sit there like a blinking traffic cone while Hunt mansplained for her. Has she no self-respect or guilt or shame or, even, hurt defiance? She looked liked a cardboard version of herself, a scooped-out litter bin on legs. I'm actually worried about her mental stability a tad right now. She looks gone. Out for the count. Game Over.
More taxes!? The poor paying more for the rich. Disgusting. Economically incompetent.
They are not incompetent in serving the rich !
The fact that Truss still sits as PM leaves nothing more to say about this incompetent conservative government. Mortgages through the roof!, energy prices through the roof!, cost of living through the roof!… it’s hard to look forward when the outlook’s so fucking grim.
The Trussterfk is such that her being a ventriloquist dummy is calming the markets.
Think of the Jeremy as a professional tradesman come to fix the roof, actually he is more like a cowboy who's come to rob your bank.
Politicians are so tight they can’t even afford to give an apology
To apologise is to admit that one is wrong. I don't think I'll ever see a politician do that in my lifetime.
What a show of anger from Sir Charles Walker about the public's request for a general election. To quote him shouting angrily "I'm telling your viewers whether they like it or not, there isn't going to be a general election". Ooh calm down Sir Charles sorry to question your authority we know our lowly place in the UK. Put your handbag down. It's ok Sir Charles we know our place. Your all out at the next election.
Grow up and try and calm down my dear! 😘
LOL 🤣 he lost it.
He is stepping down as an MP anyhow so whys he bothered if theres a General election. He will just get himself in the House Of Lords pocketing £300 a day for turning up to do sod all
The Conservatives are done Sir Charles, whether you like it or not. If there was an election now or in a couple of years it won’t make any difference. The bigger issue is even if we had an election, are people naive enough to think that Labour would do a better job and make all these problems go away. There is a finite pot of money to run the country and whoever is responsible has to carefully look at using it fairly and responsibly on those that contribute now and have in the past. The government vanity projects, foreign aid and money that is currently squandered needlessly has to be stopped. Hunt talking about being tough is fair enough but only if it applies to everyone equally which it never does.
Angry, because he wants to keep his salary for a bit longer!!
Compassion my ar@e
Don't cling on to your job, just resign Liz.
The whole Conservative party should quit, 3 useless leaders in a row 3 leaders forced out should tell you they are a ridiculous party.
@@LeeTAZ-sl7de any party should its time for the people that are not these rich useless selfish people
@@LeeTAZ-sl7de Trying to preserve the post-Brexit fantasy. This started with Cameron and Osborne's austerity that triggered Brexit in the first place. Who else was there in 2010? Oh look, Jeremy Hunt.
2023 is going to be pure suffering for the middle and working classes. Time get an allotment and start growing your own food.
"Today's Chancellor " 😂
GENERAL ELECTION PLEASE
Hunt must think the public trust him he should think again
He is a ghoul
General Election now!
Wow they can't even say sorry. General Election Now!
@4:00 “The PM is detained on urgent business.” Lol. Yes, she’s viewing new houses for her imminent departure from number 10!
Probably a lot more affordable now that she'll be getting a PMs salary for life.
She is packing up that’s what urgent 🤣
Looking for a London town house 😉
No apology, as usual. The people have to pay for her mistakes.
3:35 "Can I plead the fifth on that?" No you can't plead the fifth, you're British 🤦♂
Ha ha
Curious how bankers' bonuses survived the u-turn. An oversight, I'm sure.
No just more evidence of Tories representing the Rich.
@@Stephen0988 all the same all those people are rich they are not like us we should be in Power
I know right nobody addressing the elephant in the room! So no support for energy bills and mortgages but bankers must get a bonus and energy companies making billions in profit on our backs are left to do so and celebrate ripping us off
Moral corruption.
The same bankers who triggered the 2008 financial crisis that started us along this sorry path. Tories out.
Got to say this is the first time in my lifetime I think I’ve ever heard a conservative say anything I actually believe to be true. I both respect it and am terrified because what he essentially said is that we are screwed
But we knew that already
Agreed, nice to see a straight answer addressing the question. Would have preferred him to be more transparent though: “Krish, I will be honest with you, we’re totally f*****d.”
Screwed, with the full knowledge, foresight and backing of the Conservatives.
But its not true, he is lying. They could recoup the fraud during furlough but they wrote it off and didn't pursue it, worth billions, they could get back in the single market which is a huge loss to our economy but they won't tell you why the economy is in slump, they could do a windfall tax a without tax break loopholes but they haven't, they could like Spain consider a wealth tax but they won't despite 78 uk new millionaires during covid.... The list is endless
General election urgently needed
They'll never do it.
Agreed
@@m.woodsrobinson9244 Then the Tory tyrants will make themselves even more despised by the general public and completely unelectable for a generation. We will never stop calling for a general election every day the incompetent, corrupt Tories remain in power.
Here's an idea, why don't these useless MPs take a pay cut and stop putting things on expenses? You make enough money to pay for your own travel and mars bars.
Nothing can save Liz, she'll be gone by the end of the week.
Hope so.
Me too.
And then we get another *unt in charge. gee whizz, unlife me now
Yes, I'm sure you're going to suffer Hunt; just like you did during those 10 long years of austerity, during the last decade..!
"Reversing a numerical problem is straightforward, reversing a credibility problem is very difficult".
Liz Truss doesn't have the ability to achieve any of the two.
A General election Now now now
Liz missed parliament to impress her cabinet with drinks, oh dear, oh dear, oh dear,
Brilliant line about "today's chancellor".
Only slightly spoiled by him using it twice.
“Chancellor, todays Chancellor, thank you” 😂
We want a general election now
Sorry, the prince of piffle Charlie3 doesn't like elections
@@timothycahill7535 what does Charlie have to do with this?
👏👏👍
I reckon she had to pop a ‘sedative pill’ before she entered the House .....her political career is done!
You know when a Tory says there is difficult decisions you know what they mean those decisions wont affect them but they will affect the likes of you and I .
She should resign with whatever dignity she can whilst the choice is still hers to make. What credibility does she have now?
She's power hungry af
@@KevinXD but she has no power now, she is sat there like a lemon whilst her own side talk about her like a beloved old family pet that just threw up on the carpet.
She never had any in the first place!!😂
Same old tories the only thing left from mini budget is the removal of bankers bonuses. The 2 year help on energy that Truss has been going on about taken away & now we all face massive increase in energy next April. We will be paying for truss’s incompetence for years with higher inflation & interest for years to come. The tories have to go we need a general election NOW.
Were Truss the manager of a football team, she’d be gone already.
They voted her in.
Literally crashed the £ AND CONTINUING BANKER BONUS, UK CITIZENS ARE MUCKS!!!
Always take not of when they describe their government as "compassionate" conservatism. Because the default is not compassion, it's heartlessness and joy and profit in suffering.
3:35 British guy saying "Can I plead the 5th on that", ... Priceless. 😅
Liz Truss is finished as prime minister. She's just a walking Dead with title only
I hope this is the end of the Tory party, the biggest embarrassment in British Political History. Shame on those members who voted Truss in
The political leadership of the UK 🇬🇧 has lost all credibility, integrity and respect with its reckless actions and total disregard for the citizens. Interesting that no one talks about the effects of Brexit, that the reinstating of banker’s bonuses is seen as normal policy move coupled with the cutting of public funding and that every time the energy crises is mentioned there is mention of Ukraine and Russia.
Yeah, the cap went up massively before the war, they think and hope we have short memories.
This is ridiculous, Every time they mess up they resign, Then leave us to pick up the pieces 🤔😌
And come back through the revolvibg door.... into another position.
No apology, the poor will pay. RiOT!!!!!
Robert Owen, a wise Scot, revolutionised his New Lanark Mill, by treating his workers with respect. To his critics he said that unless we treated workers with respect and fairness, there would be a revolution. Perhaps our MPs should study a little history - starting with the Industrial Revoution and the history of the industries of the Railways, the Mines and the Textiles.
Unless they begin to recognise that this country is quickly sliding back into the divide between the rich and the poor, as in Victorian times, they will inevitably face a revolt by the general public. Already, there is an increase in theft of food, as many are facing hunger. Food Banks are experiencing huge demands for help, and not from scoungers.
( I work in one, so I know).
The Tories must face the fact that their policies of 12 years have brought this country to its knees - the result? Need of the poor from the greed of the rich! Unless there is radical change, there will be rebellion. Truss and her Party have a lot to answer for!!
“The parties are back in Downing Street” 😂
So, no apology, she wants us to respect f.king up the economy, making mortgage payments go up by £500 a month.
They will have compassion, when they decide to make us pay for her mistakes.
Compassion isn’t going to pay the mortgage, pay the bills, put bread on the table.
For anyone who missed it - when Hunt says 'and so on' he means BREXIT. Brexit is the origin if the lies and economic denialism that led to the budget disaster. You want instant economic growth? Rejoin the Single Market!
NB. It was only in December 2019 that Johnson asked someone what the SM was!
Guess the USA and everywhere else are having financial troubles because they left the EU too?
This is all down to the covid fiasco, not helped by Remainers in govt and the civil service doing nothing to help us be successful just so they can blame Brexit and get us back into the EU asap.
It's sad to think we have so many wimps in this country who feel that we can't run our own country, of course we can. Just not with ANY of the useless politicians we have in BOTH Tory and Labour.
Why should we pay for their incompetence.
Tories have to finish NHS which was their main goal. Than they will go and leave terrible mess of uninsured people and poverty. Labour will not be able to repair the damage.
Labour solutions are the problem, and labour put the workingclass in poverty
We must throw the rich to the wolves, 89% tax, monetary restrictions and criminal charges. No Austerity, General Strike, General Election, Uncontainable Civil Unrest. These are the options for them and us. They have given £12000 per person to the richest and we are now just slaves for the Rich and The Tories.
I hate the Tories but I’ve never been a blur right. When labour was in power the NHS worked very well how earth can you say that labour poem up more people in poverty look at the last 12 years are you serious. What planet are you on? I assume you’re well off and your house is paid so you don’t give a stuff about anybody else obviously. Wherever you are drinking or smoking give it up reconnect with reality you idiot
@@aob4214 labour did it by crating the unpayble debt we are in now, and the bankrupt the country. while bankrupting the country and selling our gold to China, Labour gave billions of our tax money to multi-millionare bankers. may they naver get back in.
Absolutely, we need to protect our nhs ... but labour are our best bet
There is not going to be a general election!!! Famous last words.
Channel 4 "save Liz Truss"?
What about Save Family Homes?
Save jobs?
Save us having enough food, or heat that we don't starve or get pneumonia?
Enough of these swindlers.
We need capable experts. Not thieving chancers and exploiters.
Public services to be cut, taxes to rise food bank on increase, we're running out of money,but we can still send billions to Ukraine.What happened to looking after your own first.
- "What happened to looking after your own first."
Imagine if Britain had allowed Hitler to have everything he'd wanted and sued for peace with Germany in 1939. We would all be speaking German by now. Shake your brain, Comrade!
Poor Liz.. She looks like she has been sedated. 🤕🤕
She was definitely blinking slower than is normal, I think.
Given her mini budget was how she won the leadership contest then sacking her Chancellor was clearly an attempt to save her own skin. But as he was merely doing her bidding then no Kwarteng
no need for Truss either.
Humiliation writ large but now it seems support for fuel costs is finishing in April at which point millions of people will find themselves abandoned to their fate.
The PM needs to have some dignity and just go now. The last few weeks has made the Tory party look like a bunch of clowns, not a fecking clue, any of them.
The UK is like a teenager with a credit card…LOL
Save Liz?...Save The Country!!!
A decade of austerity to pay for the reckless ‘casino gambling mentality ‘ causing the Banking Crisis. The Conservative are great believers in capitalist free markets but clearly the free markets don’t believe in them & take their profits where they can regardless. Another decade of austerity looms - get the super rich & the energy companies making obscene profits to pay for this time round.
I thought it was refreshing that for the first time in years a Tory politician sounded competent and statesmanlike, knew he couldn’t bullshit his way out. The PM I thought looked heavily medicated when she did show up. It is a disgrace how utterly incompetent this government has been.
12 years ago this Tory government started with austerity which led to the madness of Brexit, now we're back to austerity and still stuck with Brexit.
General election 🗳!!!!
Hunt will destroy what's left of our economy. One Hunt started his statement with the words . I'm being honest with the British people. .
The man is a nasty little weazel
They all talking about saving themselves … at people’s expense
It's not about the the Tories vs the Labour Party. It's about the people of the UK who the Tories took for granted and did not look after who they now have lost lock, stock and barrel and yet they still remain blind to the elephant in the room.
What a great irony
In the leadership race it’s the conservative hierarchy that chose Truss over Sunak yet now they are pretty much implementing what Sunak said he would
The Tories can’t come out of this with any integrity
They’ve given Labour all they need
The successes “she’s made it to the end of the day” we are beyond a laughing stock. Imagine if your boss said what’s the positives of today and you said “making it until the end of the day”. It’s not even a joke anymore she wasn’t even elected.
I do not trust Hunt a single bit after his tenure as health minister among others. Opportunist on high gear mode.
So what is she doing now? She’s stuffed up now she’s got nothing. I can do nothing and pick up her paycheque for 2 years
If I had her pay for 2 years I could get healthcare and not have to worry or work again since going towards retirement. It's scandalous that these people get all this money
Time for change
This political system will never serve us, put simply, tories on over £100k plus a year will never be in touch with reality and as we’ve just seen they all got wet down below when Liz announced a tax break for them, being the catalyst to voting her in only to find out they’d literally send the Country down the pan if they continued. I think it’s pretty obvious we’re getting a Labour government next time around. But I still think the books will never be re-balanced like they should 😢
Last comment: "The parties are back in Downing Street" 🤣😂
Wooh! C4 news back on form, scathing and brutal qns and analysis from Krishnan and Co! Krish getting the digs in too! 😆😆😆
As an American I did not realize how much heckling goes on inside those chambers I thought it would be much more like a courtroom TV show it seems more like a high school lunch table to me somebody gets to say a few words then the table of wraps that it quiets down and somebody gets to say some more words some more eruption
There's usually some heckling but not as much as this, but this Conservative government has been unbelievably idiotic and deserves heckling.
Yep, that's right.
Perhaps you would prefer to see more bullets fired, people being tear-gassed, police being battered with flagpoles and senior politicians strung up on gallows?
Congress is no better than Ministers of Parliament.
@@frothe42 while they do bicker it's not anywhere near as childish as this it's almost as if everything that said has a coordinated hype up squad behind it
My mortgage interest has went up £117 in 6months and there’s no stopping . Am single with a young daughter, diesel,oil heating ,food,i honestly don’t know what the next 12 months is going to hold
Undoing something after it has caused damage isn’t fixing anything, it’s plugging the hole she made in the dam, after gallons of interest rates has leaked out.
She has to go just to give the impression someone with a plan is in charge.
British MP pleading the fifth...🤔
Easier than saying ‘I invoke the privilege against self-incrimination’ I guess.
When do the Tory members answer for putting this shitshow in motion which everyone else has to deal with?
And what's worse, it was obvious to see. You can't have a pm running in the opposite direction to the bank of England. She wants to stimulate the economy and the bank of England were putting up interest rates to quell demand and stop inflation. What a joke this government is.
No way that she will continue after this humiliation. She just laughable now.
PM Truss vs the Head of Lettuce? My bet is on the lettuce.
as CaTrusstrophe has been already finely shredded and has become a ventriloquist's dummy the Prime Lettuce has it!
Lettuce Prey.
@@grahamturner1290 🤣🤣
Government needs to be held accountable, coming from this that. This country is fecked
Lizzie just sat there like a dodo and ran. She shld have the guts to stand up for her stupid mistakes. Makes you wonder the people supporting her🙄
No one in their right mind supports her. And the members in the party clearly don't understand economics. because it was obvious this would happen.
So odd to see British politicians say dodgy Americanisms like "Plead the Fifth."
I'm not brit but i was surprised too. Because i heard it in USA.
It's because the Tories removed the traditional liberty of a right to silence.
A slight dig at Biden who nearly dribbled something profound while his ice-cream cone melted?
It's all very well being so serious and responsible now and saying that you care about the most vulnerable in society now where were these serious and responsible people who were concerned about the most vulnerable in society last week or the week before or the week before that or at any time during this whole brexit hellscape nightmare of which this is the ultimate consequence because the economy is shrinking and no matter what they do they can't bring it back. Crocodile tears!
Well said. They put party before country. Let's hope they pay the price at the next GE.
Incredible. Incredible ineptness.