Member Info for Gate13Boy

He was Theo. All this just goes to show the economy hasn't been trashed. The hysteria in the media and the way the markets behave short term to change is plain ridiculous.

“Bankruptcy risk for the UK has fallen below that of France as Rishi Sunak restores the Government’s financial credibility, and markets radically reprice the political risk premium of this country.

Credit default swaps (CDS) measuring the likelihood of sovereign bankruptcy five years ahead have plummeted to 33.92 and are now lower than they were during the pandemic, suggesting that investors will forgive the mini-Budget storm and treat the incoming prime minister as a new broom.

The equivalent CDS for France have shot up over recent days and reached 34.25 yesterday after the latest PMI survey of manufacturing and services by S&P Global showed France to be on the cusp of recession, with French industrial plants already in deep trouble.

The index for the whole eurozone showed a marked deterioration, dropping to levels seen during Europe’s debt crisis a decade ago. Germany saw the worst fall and is now in a protracted slump as the energy crisis eats into confidence and wreaks havoc across heavy industry and manufacturing.

The CDS have risen to 48 in Belgium, 66 in Spain and Portugal, 170 in Italy, and Greece at 195. All have been rising over recent weeks as global financial stress mounts. While there has been much commentary suggesting that the UK is now a worse sovereign credit risk than Italy and Greece, this clearly is not reflected in the purest market gauge available.”

“A BBC presenter has been taken off the air after “gleefully” reacting to the news Boris Johnson had pulled out of the Tory leadership race.

Martine Croxall was leading the BBC’s review of the newspapers minutes after the news broke that Mr Johnson had abandoned his plans to become the next prime minister.

She opened the show by saying: “Am I allowed to be this gleeful? Well I am,” which viewers claimed broke impartiality rules. The BBC has sidelined Croxall for an undefined period following the broadcast, The Daily Telegraph understands.

The corporation is also examining the comments for any breach of its strict impartiality guidelines, with a spokesman stating: “BBC News is urgently reviewing last night’s edition of The Papers on the news channel for a potential breach of impartiality... We have processes in place to uphold our standards, and these processes have been activated.” Viewers said Ms Croxall strayed beyond impartiality rules, with some claiming they had complained to media watchdog Ofcom about the issue.

Laughing at jibes aimed at Mr Johnson, Ms Croxall said on air: “I shouldn’t probably [laugh]. I’m probably breaking some terrible due impartiality rule by giggling.”

What I'm saying is Boris would not be able to govern. The same MPs would undermine him again.

I would imagine Boris had the 100 votes but calculated that Sunak's load of mutineers would have undermined him again when the membership elected him PM again. I'm not surprised Boris's supporters are angry.

Bed time Lulu/Mach,

No, you've kept asking me for benefits of Brexit and I've kept telling you to do your own homework. You must be going senile which is worrying at your tender age.

You're from another planet Lulu/Mach.

The BBC make some very good programmes but they stopped making honest news a long long time ago.

Lulu/Mach,

"Anyway, wasn't it a Republican that lead him to war?"

Didn't Blair have a mind of his own ? Stupid poodle he was.

Sounds very disturbing to me......

Chucklebury, him and his wife are worth £730m.

Do you honestly think he's doing this for £115k of office expenses ? Get a grip.

Yes £13bn wasn't it ? That's a lot of money.

No fan either. He's a rat.

The mods must just love you Darth opening another unnecessary thread for them to monitor....lol

Epro,

What are you so sensitive about articles regarding EU countries having issues ? I'm waiting for you to show me from my original post (which was a cut and paste) where exactly I am glorying in France's problems. Quick as you like......

TFE is correct about many of the posters on here knocking the UK continually. I'm going to start calling them "the anti-Uk coalition."

Darth,

That is the 3rd thread today started about that Remoaner. Try and keep up.

If Mordaunt gets to 100 in the next hour, Sunak will be sweating a membership ballot.

No great surprise. Sunak will be further putting up taxes so get prepared for austerity II

Chuckleberry,

"Trouble usually started by white males"

Yes the recent disturbances in Leicester and Birmingham and burgeoning London knife crime amongst young blacks really supports your assertion doesn't it ?

What has Brexit got to do with asylum seekers pouring across the channel ? They'd be coming anyway Brexit or no Brexit. I'd blame the leftie lawyers and ECHR for the problems with illegal immigrants, for not being able to send them back immediately if I was you.

On another thread Antony suggests Sunak will take us back into the EU when Sunak is a Brexiteer. I wonder when it was that Antony had his labotomy.