This is the markets' judgement on the irresponsibility of the #MiniBudget
We're all going to pay the price for these tax cuts for their wealthy backers
RT @faisalislam: 10 year Government borrowing has just reached a 12 year high of 3.73%… was 3.3% yesterday, 1.8% at beginning of August
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1573264480473169920
Chancellor Kwasi Kwarteng to promise 'new era for Britain' with plan for growth in mini-budget
This is disaster capitalism writ large
Using the energy price crisis as a cover for massive tax cuts for the wealthy
And disastrous and divisive deregulation
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1573195151475937280
@ziks297 @carla_denyer Markets are not neutral. Have you checked out the massive levels of subsidy that is *still* being given to fossil fuels?
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1572988022961881091
Mini-Budget risks setting UK on ‘unsustainable path’, say IFS
Chancellor is like a CEO sweating the assets before abandoning the company
But doing this with our country
The global oligarchs who support this government are the true citizens of nowhere
https://www.ft.com/content/ef1495fa-9fc9-4c46-89f9-27902293343c
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1572924324235059201
Higher interest rates partly a response to tax cuts, unfunded borrowing, & loss of confidence in sterling
Working people will pay more on mortgages to enable Truss to fulfill her promises to rich Tory members
@TheGreenParty would tax the rich to support those on lowest incomes
RT @PippaCrerar: BREAKING: Bank of England raises interest rates to 2.25% - a 0.5% rise - to the highest level in 14 years.
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1572917919721394180
Translation of @bbcnickrobinson’s first question to @theresecoffey:
How bad do you find the crisis in the NHS after 12 years of Tory government?
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1572848259818725377
@AlistairPhilpot Yes, a motion is coming to conference. It is quite high up the agenda and we are hopeful it will get time
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1572668837920907264
@doug_parr What role do you see for green hydrogen, #Doug?
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1572488479812243456
🎺 GFanz was the international agreement on sustainable banking trumpeted at COP26
🏦 US banks now threatening to leave because they realise it's serious rather than greenwashing
💪🏽🌎 We need government action to stop the bankrolling of fossil fuels
https://www.ft.com/content/0affebaa-c62a-49d1-9b44-b9d27f0b5600
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1572484684461785089
This feels rather pointed on the day Biden meets Trust for the first time
She's establishing herself as the champion of trickle-down
Which is just a big lie created by the rich to serve themselves
RT @POTUS: I am sick and tired of trickle-down economics. It has never worked.
We're building an economy from the bottom up and middle out.
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1572482425900650496
Putin announces ‘partial’ military mobilization, makes nuclear threat
How frightening to live under a dictator who throws your children’s lives away and threatens nuclear attack
Putin’s rejection of intl law and medieval brutality must be resisted
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1572479297847463938
Business leaders urge PM to accelerate net zero transition to tackle energy crisis
Even corporations like IKEA, Siemens, Sky, Aviva and Amazon are way ahead of govt
They understand that addressing climate and biodiversity crises is good for our economy
https://www.businessgreen.com/4056587/
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1572466301234298880
Our trade was holding up well until 2016
Brexit has been a disaster for the UK’s trading position
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1572109869854908416
💚 Very excited to see Terry running to co-chair the best group in the European Parliament!
RT @TerryReintke: Ich habe gerade die beste Fraktion im EP informiert:
Ich möchte als Co-Vorsitzende der @GreensEFA antreten.
Europa steht vor vielen Herausforderungen. Die Grünen werden für eine nachhaltigere, gerechtere und demokratischere Zukunft gebraucht.
Ich möchte Teil davon sein.
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1572104592325840898
No US trade deal on the horizon, admits Truss as she flies in for Biden meeting
Trump and Putin may have liked the idea of Brexit; the democratic leaders of the world not so much
More Brexit lies unravel
More damage to the UK
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1572099665826545664
As more stories of the Queen’s private comments come out we learn more about her insight and sense of humour
But also the fact that her private comments were kept private until her death
This is the ultimate act of respect
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1571043809060098052
The pound has never recovered from losses after Brexit
This means that everything we buy that has been imported is more expensive
Now declining further because of loss of confidence in this government
Making cost of living crisis worse
RT @MehreenKhn: The pound marks the 30th anniversary of Black Wednesday by falling to $1.13 -- weakest point since 1985
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1570746974617600000
‘It is wrong to receive extraordinary profits, benefiting from war’
‘At this time profits must be shared and channeled to those who need them most’
‘Our proposal will raise €140bn to cushion the blow’
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1570298723854336000
Kwarteng seeks to scrap bankers’ bonus cap
Green MEP @ph_lamberts fought hard for this cap
As many struggle to get by, government priority is to restore astronomical pay to bankers
And encourage the return of risk taking for which we are all liable
https://www.ft.com/content/e5dac84e-dabf-4408-8d65-1db0ecc315c3
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1570291484728983552
Switching from fossil fuels to renewable energy could save the world as much as £10.2tn by 2050, an Oxford University study says
A rapid energy transition would be an economic boon
It’s renewables, not fossils, that promise a brighter future
https://www.bbc.co.uk/news/science-environment-62892013
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1569949390068154369
Unofficial automated mirror. No copyright asserted. ∎ Molly Scott Cato 👋 Green Party Speaker on Economy and Finance 💚 Former South West MEP 🇪🇺 Professor of Green Economics 👩🏻🎓 @Molly