“Annual income twenty pounds, annual expenditure nineteen [pounds] nineteen [shillings] and six [pence], result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.”It is scary he doesn't know the difference between fiscal policy and monetary policy.
By Labour's own measure of interest rates in Truss' tenure, Labour have crashed the economy
England
Rather taxingIt is scary he doesn't know the difference between fiscal policy and monetary policy.
By Labour's own measure of interest rates in Truss' tenure, Labour have crashed the economy
England
This is the equivalent of losing 18,750 average tax payers.And then, just to add a further anomaly in the chancellor's calculations, along comes the hedge fund billionaire whose tax bill is the third highest in the country, a mere £330m, who decides to leave the country in protest at Labour's taxation policy.
This bloke earned a staggering £477m last year and donated large sums to good causes. He's relocated to Greece so his wealth will benefit their economy whilst ours takes a huge hit.