Ive just had a long chat wih our finacial adviser who's now a friend of many years. A very knowledgeable man. He's just told me that thecworse blow to the economy in the last few years has not been Brexit or Covid or war. It was Liz Truss who managed to create more damage in 6 weeks than the others put together.
don't sound like he knows a lot,those sanctions we imposed on russia came back to bite us ,but then we had covid. truss's policy may have worked but her detractors wanted her out.truss was voted in as pm,sunak was outed truss "failed"sunak was pm,so now we have a pm that nobody wanted in the first place
Our adviser has in no way is excusing his companies poor peformance. It hasn 't been poor. He's the head of a highly regarded investment group and has does us proud over the last few years. This was just a friendly chat toda
Liz and kamikwaze were a disaster right enough but to put the current state of affairs at their door shows a single lack of any sort of clue. Glad he's not my financial advisor.
Well that article was wrote Before the first Hunt budget. 20billion was for 'unfunded ni cuts ....Well that's not money blown as irs money that's been gave back to taxpayers... but Hunt then started to claw back.
Truss was a disaster but your advisers claim is based on old news and predictions
Even if the Grauniad figure of £30bn is accurate it's dwarfed by the £500+bn of QE to pay for Covid lock downs etc, then there is Putin's war effect. It's like saying my grandson losing his pocket money has caused my house to be repossessed. With financial advisors like that who needs a recession?