ooohhh Kwasi Kwateng is about to reverse his budget promise !!!

Well, well, well, seems that Government intentions can be dislodged if enough people voice their opinion of disgust !!!


Chris Mason:
A fortnight ago at the top of the Empire State Building in New York, the prime minister told me she was willing to do things that were unpopular. That is a theory she very efficiently tested to destruction, her party's poll ratings plunging as deep as that Manhattan skyscraper is tall.

The markets were spooked, Conservative MPs spooked more - this policy was destined to crowd out everything else here for a simple reason. Tory MPs from ministers down said it was unsellable, offering the best paid a tax cut with the prospect of public spending and benefits cuts at the same time.

This leaves the new Chancellor Kwasi Kwarteng - and by extension the prime minister - downcast and humiliated, wounded and weakened. But Liz Truss will hope it creates space to move forward, hauling herself out of the political quagmire of a budgetary statement that imploded on contact with political reality. This is another defining moment for a young government not yet a month old.