So former Shell employee Liz Truss is giving £100bn to oil companies and former investment banker Kwasi Kwarteng is lifting the cap on bonuses for investment bankers. And this is still the first fortnight.
@David__Osland 🔴#Tory Kwasi Kwarteng's #economic strategy becomes clearer. Growth is going to depend on the City of London and its ability to fleece the world of value on behalf of a selected few, at cost to people and planet. This is going to end in tears... #ToriesOut #PeopleOverProfit
@David__Osland There will be nothing in the Treasury for the next government to use to recover from the Tory blitz.
@David__Osland It's a very good start. Hopefully much more to come.
@David__Osland @exponentialGPs “Levelling up” is going well then... if by that they mean increasing the level of wealth inequality. #ToryCostOfGreedCrisis #ToryCriminalsUnfitToGovern #EnoughIsEnough #GeneralElectionNow
@David__Osland @jimm0604 Genuine question. At the moment corporation tax is 19% raising to 25% next year. Pretty sure most investment bankers will be on 40% if not 45% income tax… so if the cap on bonuses is lifted won’t that generate more income for the government to spend elsewhere? I’m thinking yes