Tag Archives: Liz Truss
Gilts back on the naughty step
Thanks to Katie Martin of the FT for this striking assessment of the state of gilts. Those readers who run schemes primarily invested in gilts will find this interesting as will many readers who watched in horror in October 2022. … Continue reading
We don’t get wise blaming others – listen to the FT and Pension PlayPen!
There is good reason to examine the breakdown in the relationship between the Cabinet and the Bank of England around the 22nd to the 28th Sept 2022. There is a lot of it about and most between the President and … Continue reading
It was Liz wot dunnit
In the great game of Sleuth where we try to discover the architect of Liz Truss’ downfall, we are presented with a version of what happened last summer that suggests she was brought down by the “left-wing ec0nomic establishment”. … Continue reading
Boris is back but he’s no Cincinnatus.
Don’t believe foolish talk that this is a wide open race to be the next PM, it isn’t , it is a three nag sprint not the donkey derby we had earlier this autumn. Boris is back, he was still … Continue reading
Good news for the state pension ; fingers crossed for pension credit.
This was the news we were given yesterday (18th October) My reaction to this news was initially “fury”, which tempered to “resignation” and became through the morning “hope”. FURY Dotun Adebayo, who I admit to spending rather too much time … Continue reading
Posted in pensions
Tagged Liz Truss, Lucy Neville-Rolfe, pension, pension credi, state pension
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There is no such thing as “risk free” – even when lending to our Government.
In the financial crisis the financial system nearly brought down the Government because of their financial imprudence. Now it’s the other way around, the Government’s imprudence is threatening the financial stability of the UK – including the banks. But this … Continue reading
Zalensky tells Putin – “we will be with gas, light , water and food – without you!”
“Troops are moving forward; they are not only gaining back territory but liberating people,” German Foreign Minister Baerbock said. “I think it’s really a moment of hope, even though maybe it’s a small moment of hope. This is what we … Continue reading
Squeaky-bum time at the DWP
We should hear within the next few days the team on ministers and junior ministers that will support Chloe Smith, the new Secretary of State for Work and Pensions. Will Guy Opperman be reappointed to his post as Minister for … Continue reading
Posted in pensions
Tagged Chloe Smith, DWP, Guy Opperman, Liz Truss, Pensions, Rish Sunak, Truss
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The gap in our thinking on the cost of living.
As so often, the real story is in the image. Here the image of the winner focussing on the gap between her and the loser, perhaps the seat for Boris Johnson. For many, the disregard Liz Truss paid Rishi Sunak … Continue reading
Posted in pensions
Tagged Boris Johnson, Gas, Liz Truss, Pensions, politics, Sunak, Ukraine
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Liz Truss – “in at the deep end”.
I’m not waiting till 12.30pm today to treat Liz Truss as the next Prime Minister, we’ve known for some weeks that she is the only horse left in the two horse race. Short of a technical disqualification what she is … Continue reading
Posted in pensions
Tagged Deep end, Drowning, In at the deep end, Liz Truss, Pensions, Stevie Smith, Waving
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