On a fast moving day in Downing Street, Lib Dems have called for Parliament to sit tomorrow so that Jeremy Hunt can deliver a new fiscal statement. This is sorely needed to calm markets before they open on Monday.
Sarah Olney is our Treasury spokesperson and she says:
This government has overseen a slow-motion car crash as Britain’s economy barrels towards disaster. For weeks Ministers have sat on their hands as their mini-budget unfolded. Parliament must sit tomorrow so we can hear from this new Chancellor.
Every day this disastrous Conservative Government staggers on, it plunges Britain into more turbulence and pain. Rather than show leadership, they’ve just delivered more chaos and confusion. After shamefully cutting her press conference short this afternoon, the Prime Minister and her new Chancellor must come to the House of Commons tomorrow to face questions from MPs.
As the revolving door at Number 11 continues the very least the latest one can do is come to Parliament tomorrow and deliver an urgent statement putting the final nail in the coffin of this budget.
* Mary Reid is a contributing editor on Lib Dem Voice. She was a councillor in Kingston upon Thames, where she is still very active with the local party, and is the Hon President of Kingston Lib Dems.
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One Comment
Challenging Jeremy Hunt and Liz Truss to explain more about what they want to achieve by the sacking of Kwasi Kwarteng is right. Ken Clarke Newsnight last night, like so many other politicians and economic experts, said that the whole matter needs a fresh start. Even on the matter of supporting people with energy costs, there are questions about how best to do it and how to pay for it, let alone the much bigger complex issue of economic growth.
However, it would be wrong to expect Jeremy Hunt to put specific proposals until he has had time to think things through in a pragmatic and consultative way, something that the PM is totally incapable of doing.