Morley Young Conservatives

27 AUGUST 2024 | NEWS The Prime Minister, Sir Keir Starmer, warned of a “painful” October Budget earlier today in a speech from the Downing Street rose garden. He accused the Conservatives of leaving a £22bn black hole in the public finances, echoing the claims made by the Chancellor of the Exchequer, Rachel Reeves, in late July. The speech offered the clearest indication yet that some tax rises will be announced in the autumn.

10 AUGUST 2024 | NEWS The former Leader of the Labour Party, Jeremy Corbyn, is in talks with four other independent MPs to form a new House of Commons grouping. The move would formalise nascent collaboration between them thus far. The group would include Mr Corbyn himself, along with four other independents elected on pro-Palestinian platforms: Shockat Adam, Ayoub Khan, Adnan Hussain, and Iqbal Mohamed.

This week featured the return of both honesty and deception to political discourse on the economy; honesty about the tight fiscal situation, deception about this being a surprise. The Chancellor admitted that spending cuts or tax rises were a fait accompli while, simultaneously, pretending that this was new information. Labour’s election campaign was undergirded by a Ming vase strategy.