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BBCNEWS Political Thinking with Nick... June 4, 2024 09:35:00 - Vimarsana News

BBCNEWS Political Thinking with Nick... June 4, 2024 09:35:00

I we used to complain about the fact that we had too many fiscal events. we used to complain about the fact that we had too many fiscal events. but, you know, times change. and when you're in a situation of volatility like that, it's critical. but, you know, chris philp, chief secretary, was out saying, you know, fiscal rectitude and discipline still remains at the heart of what we want to do. it's a very important message for the market and the world to understand. but if you look at some of the stuff that was was announced last friday, particularly the i mean, the technical word is supply si...

BBCNEWS Political Thinking with Nick... June 4, 2024 09:36:00 - Vimarsana News

BBCNEWS Political Thinking with Nick... June 4, 2024 09:36:00

We're not allowed to call a budget. so that that awful phrase, no, it's not yours. fiscal rectitude. in other words, what we used to call sound money, making the numbers add up was clear to the markets there and then. well, you would like to think, wouldn't you, the conservative party in charge and i speak as a chartered accountant, that would be a given. and maybe that's one of the reasons why we're surprised that people are surprised. it is a given that, you know, our job is to make the books balance. and, you know, i'm sure that's what the treasury team will will lay out in the weeks to com...

BBCNEWS Political Thinking with Nick... June 4, 2024 19:35:00 - Vimarsana News

BBCNEWS Political Thinking with Nick... June 4, 2024 19:35:00

It's a very important message for the market and the world to understand. but if you look at some of the stuff that was was announced last friday, particularly the i mean, the technical word is supply side, but actually it's measures to make it easier for people to go to work. easier to make wealth. easier to save money you to spend money. and to spend money. you know, all those kind of things are are coming down the track over the next few weeks. and i'm hopeful that all of that will hang together as a package, that people can see what the plan is. and the prime minister is somebody who very ...

BBCNEWS Political Thinking with Nick... June 4, 2024 19:34:00 - Vimarsana News

BBCNEWS Political Thinking with Nick... June 4, 2024 19:34:00

Days and that's what she did. so while obviously the the market reaction is something that we have to pay attention to and understand and address, and i know that the treasury and bank of england are working closely together. yeah, i remain surprised that people are surprised. has it been too quick? in other words, has there been not enough explanation to the markets? well, i think there was a to be fair, i think there was a sense of a need of urgency to address, you know, the very real anxiety in the british people about the cost of living crisis, particularly with energy. and she had said sh...

Three lessons from the power shift in London - Vimarsana News

Three lessons from the power shift in London

Liz Truss is set to succeed Boris Johnson as the UK’s prime minister in a top switch that had much to say about parliamentary democracy, pitching fiscal rectitude and fostering diversity