BEST FOR BRITAIN'S WEEKEND WIRE
Dear John
Someone out there owes us £10,
because our prediction of a Cabinet resignation this week came true!
Let’s look into the rest of the week’s comings and goings to see how
long the rest of the lot can hang on.
Gav’s
gone
The Sunak cabinet has notched its
first resignation in disgrace, and it’s a shame it had to happen to
one of Westminster’s most upstanding characters.
Gavin Williamson resigned on Tuesday. His time in Cabinet began circling the drain over
the weekend, when reports of his saltily-worded texts to Wendy Morton
led to a formal complaint.
As his history of threatening
behaviour splashed across the front pages, Williamson’s directive to
an unnamed MoD official to “slit your own throat” proved the final
blow. Citing the reported host of MPs prepared to make their own complaints,
he magnanimously declared that he had become a “distraction” from the
business at hand and resigned. What a guy!
The unkindest
cuts
As the Treasury scrambles to cough
up tens of billions to fill the Tories’ ready-dug deficit, trickling
warnings from the Chancellor have promised a new age of
austerity.
Despite warnings that UK public
services need at least £43 billion per year to save them from breaking point,
next week’s fiscal statement is likely to include punishing cuts to
transport, policing and child care.
With a planned reduction in public spending growth from 3.7% to as low as 1%
from 2025, the UK could soon see street lights darken at night and
libraries and recycling centres close. That’s if this government can
hold onto the keys to Downing Street.
Recession
Hunt
Next week’s fiscal statement comes
on the back of news that the UK economy contracted by 0.2% last quarter. Another contraction
over the final quarter of the year will mean that the UK has
officially entered a recession.
Despite the global economic
slowdown, the UK has set itself apart yet again: its economy is the
only one in the G7 which was smaller than it was pre-pandemic.
What possible special circumstance could cause that?
With warnings that this
recession could be the longest in a century, lasting until 2024, the
outlook looks a bit Dickensian for the UK. The Tories have attempted to pony up excuses, from blaming global
factors (okay, fair enough) to claiming the Queen’s death had dampened
consumer spending (okay, Kwasi). The lead economist at the Confederation of British Industry
was less than impressed, warning them that their planned austerity
measures could exacerbate economic sluggishness.
Strikes
a’plenty
If 1978-79 had a Winter of
Discontent, 2022 is shaping up to be the Year of Flaming-Hot
Rage.
This week saw industrial action
on both mainline and London Underground services, bringing the capital
to a halt. More rail strikes are set for later in the month. Workers
in the civil service have also had enough. Over 100,000 of them
voted to walk out this week, as the Government dallies on threats to
cut over 90,000 jobs throughout the civil service.
The strikes have also come to
the NHS, with the Royal College of Nursing Wednesday voting for their
first ever nationwide walk out. Over 300,000 nurses are expected to
participate.
Kherson
withdrawal
In a major victory for the ongoing
Ukrainian counteroffensive, Russia this week completed a withdrawal of forces from the city of Kherson.
As they retreated across the
Dnieper, Russia lost control of the only Ukrainian regional capital their
troops had managed to capture during the war. Their defence minister
cited a need for reinforcements for beleaguered Russian forces
elsewhere on the front and supply line difficulties.
Ukrainian officials downplayed
the significance of the withdrawal, cautioning that it could be a trap
and emphasising their ongoing effort to retake more of the region.
Still, it represents a huge blow for Putin in one of the regions
annexed by Russia in September’s sham referenda.
Kwasi has his
say
Emerging from the lettuce weeds Thursday evening was Kwasi Kwarteng, giving his first
major interview following his brief, mystifying, disastrous,
insert-inadequate-adjective-here tenure as Chancellor.
The gist? It wasn’t my fault.
Amid reports that the two are no longer speaking, Kwarteng told Talk TV that he (along with every economist not
employed by the Daily Mail) had warned Truss against the tax-slashing
bonanza in the mini budget, branding it “mad” and far too jarring for
the UK economy.
Hindsight, ever 20/20, has
vindicated his alleged warning. If he is to be believed, Kwarteng did
make one correct prediction: he claims to have told Truss that the
mini-budget measures would see her booted out of office within two
months. At least she got to resign in Buckingham Palace; Kwarteng got
the sack via Twitter.
US election
surprise
The US midterm elections were held
on Tuesday, and Joe Biden’s governing Democratic Party pulled off an unexpectedly strong showing, defying
predictions of a Republican ‘red wave’. Listen back to Best for
Britain’s immediate analysis featuring yours truly here.
As West Coast states continue
counting ballots, as of Friday, the Democrats looked set to retain
control of the Senate, while the House of Representatives looks likely
to go to the Republicans by the thinnest of margins. The Democrats
also saw success beyond the federal level, winning several key state
governorships and passing abortion protections and legalising
marijuana in both red and blue states across the country.
Catching extra attention was
the dismal performance of Donald Trump’s endorsees, who lost key races
in Pennsylvania, Michigan, New Hampshire, and beyond. With his
expected nomination rival, Florida Governor Ron DeSantis, cruising to
re-election, many GOP grandees have begun openly calling for Trump to
step aside, Rupert Murdoch included.
Since we’re not Gavin
Williamson, we won’t command you to have a good weekend–that’s your
decision. We can only provide suggestions–we’ll be enjoying some
schadenfreude, trying to navigate around the Tories’ transport maze,
and taking some well-deserved rest. See you on the flip
side.
Tommy Gillespie Press
Officer, Best for Britain
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