Liz Truss

[MillionMilesAway]

can't judge how she will be based on 1 PMQ's which basically revolved around her saying "I'll let you know tomorrow" - however those operating in the markets will have people ITK who they go for a drink with and the state of the £ and the markets will tell you what they think

When the Bank of England governor says that he can't stop a recession happening, the markets tend to react.

 

[bluethrunthru]

hit the ground waddling

 

[Kirkstall Blue]

I’m not impressed with her intentions so far the only happy people will be the energy company’s that’s the Cons for you
I’m impatient to know what help people will get but most of all when!!

 

[NPBlue]

I’m not impressed with her intentions so far the only happy people will be the energy company’s that’s the Cons for you
I’m impatient to know what help people will get but most of all when!!

The energy companies can keep their profits. The British tax payers will have a loan, the repayment details of which are to be announced tomorrow.

Liz Truss was a management accountant for Shell.

Germany, a more productive country than the UK, which attracts huge amounts of foreign investment, has announced it is going to apply a windfall tax on the energy companies.

They don't seem to be too bothered about it affecting inward investment. Liz Truss claimed otherwise.

Germany is looking after it's population. The UK is protecting the interests of business, and it will always be thus with the tories.

 

[The Future’s Blue!]

The energy companies can keep their profits. The British tax payers will have a loan, the repayment details of which are to be announced tomorrow.

Liz Truss was a management accountant for Shell.

Germany, a more productive country than the UK, which attracts huge amounts of foreign investment, has announced it is going to apply a windfall tax on the energy companies.

They don't seem to be too bothered about it affecting inward investment. Liz Truss claimed otherwise.

Germany is looking after it's population. The UK is protecting the interests of business, and it will always be thus with the tories.

I think it’s more of the Tories protecting their own interests rather than the UK, by poisoning the chalice prior to handing it over to Labour.

That‘s the kind of people that they are. While they’re sat raking it in from their lobbies groups, those that they have trodden on can crash and burn.

They do not care.

 

[Vic]

Look like fracking will commence and any green initiatives will be cut. I think she could be the UK’s equivalent to Bolsonaro.

I hope they start fracking in her constituency, or Rees-Mogg's. "Small earthquake in NE Somerset, not many dead."

 

[Vic]

...They don't seem to be too bothered about it affecting inward investment. Liz Truss claimed otherwise...

It's just nonsense.

"We're against a windfall tax on excess profits. Labour likes taxing you."

 

[Gabriel]

 

[lee_wsm]

I hope they start fracking in her constituency, or Rees-Mogg's. "Small earthquake in NE Somerset, not many dead."

I’d rather it didn’t in north Somerset

 

[ZenHalfTimeCrock]

The energy companies can keep their profits. The British tax payers will have a loan, the repayment details of which are to be announced tomorrow.

Liz Truss was a management accountant for Shell.

Germany, a more productive country than the UK, which attracts huge amounts of foreign investment, has announced it is going to apply a windfall tax on the energy companies.

They don't seem to be too bothered about it affecting inward investment. Liz Truss claimed otherwise.

Germany is looking after it's population. The UK is protecting the interests of business, and it will always be thus with the tories.

Many thanks for posting this.

Am a retired teacher but in retirement/lockdown I created a blog for A level students of my former subject. It attracts between 1500 and 2000 visitors a month, sometimes more. That figure will include repeat visitors, but it’s still a decent audience.

One of the topics covered is Business Ethics.

Think I may be able to use what you wrote to explore the issue of the limits of corporate social responsibility, specifically whether the sole responsibility of a corporation (or the corporate executives running it) is to make profits for its shareholders, or whether they have a wider obligation to stakeholders i.e. anyone affected by the activities of a company, for example, employees, suppliers, the local and wider community and, of course, customers.

As an admirer of Thatcher, Truss is presumably a neoliberal in her economic outlook. Neoliberal economists like Milton Friedman believe that corporations only have moral obligations to their shareholders.

Reckon it could therefore be time for me to corrupt a few impressionable sixth-form minds with some thinking of the sort that gets Daily Mail readers fulminating about 'lefty' teachers.

Spent about three years working as an auditor before I went to university (left school at 16 and started working for Thornton Baker, the firm of chartered accountants that eventually became Grant Thornton). During that time I was therefore able to observe at close quarters the frequently profound character deformations and emotionally stunted behaviour of the shallow bean counters that make up that profession. Though not all of my former colleagues were like that, a lot were, and like Truss they would probably have failed an empathy-detecting Voight-Kampff test.

After graduation, I did some temping in accounts and actually ended up at Shell for a while. Not sure if Truss was there when I was, but if I had been in possession of powers of precognition I would have found a way to piss in her coffee.