Labour might have a massive majority, but they are being mugged in broad daylight by the rump Tories who have persuaded the electorate they’re as bad as they were. That’s not good in an economy requiring big decisions to be taken and delivered competently. Labour is in danger of losing “Grip”.
The Bank of England laid out bleak scenarios for the UK economy – but the outlook and long term future will be worse because the Government has “straight-jacketed” its budget options down to Austerity – which will lead to economic disaster. There is an alternative!
Budget U-Turns and a P45 should take the edge of the UK’s Financial Woes for a few days, but the big question is what comes next, and who should iterate the New New Conservative Thang. It looks like we have Adults Back in the Room!
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