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Tag Archives: Sunak
Macron wins his pension battle – can we win ours?
Last night , Emmanuel Macron won his vote – just. He survived two no-confidence votes.The no-confidence motion filed by a small group called Liot garnered support from 278 members of parliament in the National Assembly, falling short by … Continue reading
Vive la differance – Britain and France’s approaches to state pension reform
“To finance our [pensions] system, which is among the most generous in the world, we must progressively ask those who can to work more” Vive la France, vive la réalité économique. https://t.co/cozeSGgEEQ — Mike Harrison (@HigherEdActuary) March 20, 2023 This … Continue reading
Mel Stride takes over at DWP – pensions should celebrate.
Restoring the public’s confidence in pensions took a big step forward yesterday. Mel Stride was appointed to be Secretary of State (SOS) for the DWP. It means that for the first time since David Gauke held the post, we have … Continue reading
Posted in pensions
Tagged Conservative, DC DWP Pension, DWP, HMT, LDI, Mel Stride, Pensions, Rishi Sunak, Sunak, Treasury
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What happens to pension policy now?
A lot of people who think about pensions and policy will be trying to work out what has actually happened over the 45 days of misrule since Liz Truss took over. We have lost the national anchor, our Queen. We … Continue reading
The cost today of these reckless budget promises
“It looks like we’re headed for a spiral that we usually see in emerging markets crises, where policymakers struggle to reassert credibility,” Mansoor Mohi-uddin, chief economist at Bank of Singapore. Currency markets are now toying with the idea … Continue reading
Posted in pensions
Tagged Chancellor, Dollar, Kwasi Kwarteng, pension, pound, 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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Are comforting lies – crushing unpleasant truths? (Truss v Sunak)
These are the latest odds for our next Prime Minister, the return for Sunak to a £1 stake is 900p for Truss it is 11p. My simple maths tells me the market reckons Truss 80 times more likely to win. … Continue reading
Liz Truss – shorter than Baaeed.
Baaeed is the top-rated thoroughbred racehorse in the world. Yesterday he trounced his rivals in Goodwood’s Sussex Stakes at a price of 1-6, delivering just 17p profit to a one pound stake. This morning , Liz Truss is priced … Continue reading
Sunak needs Osborne’s rabbit and hat to win now!
Yesterday I reported that Rishi Sunak had drifted to 3-1 against while Liz Truss was 3-1 on Today’s news is that the odds have widened further A Sunak win is now promising nearly four pounds profit to a one pound … Continue reading
Truss now nine times as likely to win as Sunak
Liz Truss if three to one on and Rishi Sunak three to one against to be our next Prime Minister, that means you’ll get over £4 for a one pound stake if Rishi wins and only £1.31 if Liz … Continue reading