bluethrunthru
Well-Known Member
Hate to break this to you but he did scrap the FSA, in 2013, because it was institutionally inept, and replaced it with the FCA and PRA.
And that worked sooooo well eh?
Hate to break this to you but he did scrap the FSA, in 2013, because it was institutionally inept, and replaced it with the FCA and PRA.
Well, in terms of the direct impact on the APF and to answer the question, the gilt purchases the Bank of England made in response to the problems caused by Truss and Kwarteng have already been reversed/unwound.Surprise, surprise. Nowt to do with Truss and Kwarteng then?
In terms of reducing the obvious risks within the banking sector, it does actually seem to have done a fair job.And that worked sooooo well eh?
Reversed, unwound? So those higher mortgage rates aren't still going higher? How has the billions that mini budget cost been clawed back?Well, in terms of the direct impact on the APF and to answer the question, the gilt purchases the Bank of England made in response to the problems caused by Truss and Kwarteng have already been reversed/unwound.
But, as I’ve said many times, Truss and Kwarteng were a pair of clowns and shouldn’t have been anywhere near the cabinet, let alone in the two top jobs.
Reversed, unwound? So those higher mortgage rates aren't still going higher? How has the billions that mini budget cost been clawed back?
You asked a question in terms of the APF and I’ve answered it.Reversed, unwound? So those higher mortgage rates aren't still going higher? How has the billions that mini budget cost been clawed back?
There’s no real point in having a discussion with you is there?You are wasting your time with Brewster. Id they demanded he handed all his assets over to him or he swallowed the dump they took in his mouth I sense it would be all normal to him - the next GE he see's as a runaway Tory majority
I take your point, but that coalition was the end result of the FPTP electoral system.I've long been a supporter of PR but its main drawback is that it doesn't prevent extremes, it gives them a voice and the chance of being in a coalition government. And look at which group the Tories joined in the European Parliament.
The last coalition in the UK had a middle of the road party enabling an ideological-driven party in an attack on the poor while enriching the rich, eventually leading to a quasi-fascist government wanting to remove human rights. Now with PR they might not have had power. Might...
PR would have stopped Brexit.
I didn't. You just inferred that. You answered a question I didn't ask. Typical Tory.You asked a question in terms of the APF and I’ve answered it.
There’s no real point in having a discussion with you is there?
Your stock response to somebody challenging a view or offering a different opinion - even when it’s factually correct - is to revert to petty insults and name-calling. All a bit juvenile to be frank, and it adds nothing to the debate. But I suppose that’s actually your MO; to shut any discussion down and just post a load of nonsense from twitter.
Anyway, I’ve already wasted enough time on this.