David Gauke

@DavidGauke ↗

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Last Checked Nov. 23, 2022

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Fri Oct 07 07:31:15 +0000 2022

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David Gauke @DavidGauke

That leaves tax increases but that would completely undermine everything Truss stands for. So all she can do is try to muddle through with a high deficit and hope the markets treat her kindly. As for the Conservative Party... /3 — PolitiTweet.org

Posted Oct. 7, 2022

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David Gauke @DavidGauke

... that didn't happen. Truss hopes that growth will mean that the tax cuts are affordable but the OBR won't give the Government much if any credit for its growth announcements so that won't work. The Govt could cut spending but very difficult politically & practically. /2 — PolitiTweet.org

Posted Oct. 7, 2022

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David Gauke @DavidGauke

... it knows that it is in deep trouble & that Truss has had a dreadful start. It does have an option of a leader with market credibility - Rishi Sunak - & it should make him leader without a membership vote. But there isn't the consensus amongst MPs that this should happen. /4 — PolitiTweet.org

Posted Oct. 7, 2022