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by nmadden 641 days ago
Pull the other one. Only some of the tax cuts had been telegraphed in advance. Abolishing the top rate of income tax and cutting the basic rate early hadn’t been. They ignored all the warnings they were given and sidelined the OBR. The Truss/Kwarteng budget directly crashed the economy and trying to pretend otherwise is some serious revisionism.

https://www.bbc.co.uk/news/63229204
1 comments
mike_hearn 641 days ago
You're arguing with the conclusions of the official investigation, not me.
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nmadden 640 days ago
The committee report only looked at the regulator. To be sure, the regulator and the pensions industry should have done more. But the idea that Truss and Kwarteng are blameless innocents in the whole fiasco is ridiculous.
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