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NewsHound

Lib Dems demand probe into Chancellor’s post-budget champagne party

By NewsHound | Sun 9th October 2022 - 4:32 pm

Christine Jardine, the Lib Dem spokesperson has written to the Cabinet Secretary to ask for an enquiry into whether the champagne bash Kwasi Kwarteng attended on the night of his budgetary earthquake breached the Ministerial Code:

From The Observer:

“The image of the chancellor quaffing champagne with bankers just hours after announcing his tax cuts for the very wealthiest in society is bad enough,” she said. “But it would be unforgivable if it turns out Kwasi Kwarteng discussed his plans with hedge fund managers who have since been profiting from the fall in the pound.

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  • Tim
    @PM. Yes, allowing a LOT more houses to be built would reduce wealth inequality dramatically. We should aim to return to the c1997 price to income ratios - whic...
  • Peter Davies
    and building more houses of course....
  • Peter Davies
    The rising property market contributed more to the impoverishment of the poor than the enrichment of the rich. It is owner occupiers who hold the greatest propo...
  • PM
    @ Tim, You may be technically correct with your argument but it doesn't change the fact that we have become very much more unequal in recent decades. The ...
  • Mick Taylor
    @ColinMurphy. Yes and you could close all the tax loopholes and greatly reduce the huge number of pages in the tax codes that take a highly qualified accountant...