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Rishi Sunak is as tin-eared as Thatcher

I am absolutely livid this morning. I watched in disbelief as Rishi Sunak, without so much as the tiniest bit of empathy, said we all have to “hold our nerve” as interest rates rise higher than they have been in decades.

That is not going to go down well with the millions of homeowners who face having to find an average of £2900 more a year if they are unfortunate enough to have to remortgage in he next year as their fixed terms come to an end. This is on top of the double whammy of high inflation and energy prices.

A Prime Minister who does not have to worry about money telling people that he’s going to make unpopular decisions for their own good is never going to go down well, but he could at least have tried to do something to show that he was on their side.

I don’t think I have ever heard anything so tin-eared from a Prime Minister since Thatcher refused to listen to reason over the poll tax back in the early 90s and that did not end well for her.

Let’s be clear, people are at risk of losing their homes if they can’t keep up their mortgage payments, whether they are forced to sell or whether their home is repossessed. I lived through that in the 90s where every day I saw people having their homes repossessed. And sometimes it was the tenants, finding out at the last minute that bailiffs were coming to evict them, who would turn up in shock, seeking support and a way out of this horrible situation.

Posted in Op-eds | Also tagged , , , , and | 24 Comments
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Recent Comments

  • Craig Levene
    Chris , 380 billion relates to the Wests aid. There is nothing wrong in asking how you get to a position that would be acceptable to Ukraine. It's position is ...
  • Ambighter
    Only a small point, but it is defence not defense in British English, or has Donald Trump banned that too and I just didn’t hear about it?...
  • Chris Moore
    And how dare those awful Ukrainians invade Kursk, part of Mother Russia? How much is that costing the British taxpayer? Disgraceful behaviour....
  • Chris Moore
    Btw: UK government figure of 12.8bn for total UK aid to Ukraine since the start of the war. What a shame Putin's surprise attack didn't take Kyiv on the fir...
  • ChrisMoore
    I entirely agree with Craig Levene: what a waste of money and life defending a country against an aggressor. How unrealistic and silly to want one's country ...