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Category: Budget

Meanwhile, in the Treasury…

Meanwhile, in the Treasury…

Just a week or so ago, Jeremy Hunt was appointed Chancellor and immediately and successfully set about trying to restore the UK to some semblance of financial credibility after the car crash of Kwasi Kwarteng’s mini-budget and subsequent events.  The PM who appointed him, and whose government he seemed, for a few days, to be effectively running, is now past her sell-by date, and a whole new Tory psychodrama has erupted, centred around the ego of Boris Johnson.  Jeremy Hunt’s…

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Crouching tiger, hidden dragon

Crouching tiger, hidden dragon

It is clear levelling up is dead. HS2 dominated the news this week but arguably a more important story happened this week, one that arguably might cost the Tories a majority at the next election and answer that question, how could Labour win a majority at the next election? For those of us who recall the 2017 general election Mrs May was on course to win 470 seats, a majority of 290 until she announced her social care plans, then…

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While the nation has been enjoying Sunak’s half price food deal he’s been knocked backwards in the PM v Chancellor polling

While the nation has been enjoying Sunak’s half price food deal he’s been knocked backwards in the PM v Chancellor polling

We’ve now had the initial three day session of the extraordinary half price meal deal announced by Chancellor Sunak last month and from my totally unscientific findings it has certainly grabbed the public’s attention. Just about everybody I’ve meet over the first three days is talking about it and certainly participating cafes and restaurants seemed to have been full. The only complaint where I was yesterday was that it was so busy that we all had to wait 45 minutes…

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Sunak now level-pegging with Johnson on who would make the “best PM”

Sunak now level-pegging with Johnson on who would make the “best PM”

The Chancellor is also 8% ahead of Starmer Newbie pollsters, Redfield & Wilton are now asking their samples every week “At this moment, which of the following individuals do you think would be the better Prime Minister for the United Kingdom? ” One of the comparisons is between Boris Johnson and Ricki Sunak. As can be seen from the Wikipedia table above Johnson has led on this by margins of upto 13% in the past three polls but in the…

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How the papers are treating Sunak’s pandemic budget

How the papers are treating Sunak’s pandemic budget

Sunak’s leadership hopes rest on his massive financial gamble coming off Inevitably there is a split between what we used to call the tabloids which focus on the meal deal while the Guardian the Telegraph and the Financial Times highlight the big overall worries for the economy. There are two big areas for concern summed up by the Guardian’s focus on possible job losses and the FT’s emphasis on the huge amount of borrowing that will be required. The Times…

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With all the questions over TMay’s future punters it a tad less likely that she’ll be out soon

With all the questions over TMay’s future punters it a tad less likely that she’ll be out soon

But it’s still a 67% chance that she’ll cease to be PM before Brexit There’s little doubt that just about the worst thing that Theresa May has done during her short Premiership was the broadcast to the nation five nights go when she appeared to blame Parliament for the problems in getting her  brexit deal approved. It was that apparent denial of the democratic process that has angered a lot within the House and outside. More and more people are…

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Hammond’s budget: the tabloids react

Hammond’s budget: the tabloids react

The budget – at least its been a break from Brexit My guess is that the Tories will not be too unhappy about the coverage of the budget. Mostly the papers are positive or neutral and he has managed to avoid horrors of the past like George Osborne’s pasty tax. So initially job well done and some prominence for the Chancellor who is nothing like a high profile as his predecessor George Osborne, who was sacked by Theresa May just…

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The budget spread bets – how many times will key words be mentioned?

The budget spread bets – how many times will key words be mentioned?

At 3.30pm the Chancellor, Phillip Hammond will rise to set out his latest budget. I must say that I am still not used to this taking place in November and on a Monday. Throughout my adult life budgets have happened in March or early April and never on a Monday. We are where we are. I like the different approach to budget bets taken in the above Sporting Index set of markets. How many time will certain things happen or…

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