While the Stupid Party is busy rearranging deckchairs, the SS Great Britain is heading headlong into its biggest crash since the Great Depression of 1929.
It's not just thecost of livingcrisis. It's a national economic emergency.
We are on the verge of a full-blown disaster on a wartime scale: bankruptcies, unemployment, poverty and a surge in homelessness.
Don't tighten your belt.
This nation cannot wait four more weeks for theTories to decide who will lead them.
Without what Churchill called "Action This Day," millions of hard-working families, including Sun readers, would starve for the first time in living memory. and poverty.
But as this dire prospect unfolds, Prime Minister Nadim Zahawi, Deputy Prime Minister Simon Clark and current Prime Minister Boris Johnson } is absent, and the Cabinetis embroiled in a struggle for leadership.
that the Tories will never be forgiven unless someone wakes up soon and takes the helm Face no catastrophe.
The Bank of England's belated warning of his 13% inflation underestimates the tsunami heading towards us.
Interest rates jumped 0.5 percentage points, likely next month, and more to come.
Governor Andrew Bailey — a historian, not an economist — predicts a 15-month recession.
In the real world, the rich say the UK economy will head for high unemployment and mass bankruptcies without major government intervention.
"The 2008 bank meltdown and his 1973 oil his shock would look like a tea party," he says.
Alarm Bells
"We need more thantax cuts or fiddling with subsidies for householders struggling to pay their fuel bills.
"This requires urgent and decisive action across the board. A multi-billion pound declaration of war to stop the rise of these bills." is an emergency cap to keep energy prices down. now.
Paul Drexler of the International Chamber of Commerce warns that people are "already hungry and unable to heat their homes."
He said: They are headed for a financial crisis of epic proportions in September.
``We have a very pressing issue.'' ..how to support these people who are already starving. If you don't act quickly, you'll pay a higher price later.
The poorest segments of British society, about 7 million people, are currently at real risk.
Paul Drexler of the International Chamber of Commerce
Ex-Prime Minister Gordon BrownMeltdown, "Emergency Budget" of the Week sounded the alarm yesterday by requiring
Meanwhile, 180,000 Conservative members are looking to elect a new prime minister by 5 September.
By then the average cost of fuel, food and a mortgage had skyrocketed him from taxable income to a breathtaking £4,610, and utility bills alone cost him £3,359. will be
When the average wage is he £26,000, no one can afford this kind of hit. Law-abiding citizens are already lured by the burgeoning 'don't pay' protest lobby. This is a recipe for anarchy.
Covid After wasting hundreds of billions in lockdownsTreasury coffers empty.
But I have to find the money soon. "He probably has as many as 12 million people living in true poverty," says an experienced economic analyst.
Adhesive Plaster
``They are not the people on the periphery, but the people at the center of society. } Nor can the government let 10 to 12 million go to the dogs.
``It's urgent.
"VAT on fuel should also be suspended." have been tinkering by raising their fuel allowance by £300 and promising to cancel the NI increase.
These are like putting plaster over a burst water main. They are absorbed and forgotten.
At some point, the next prime minister will be forced to take the unprecedented action now called for... this week. He or she has a choice — take bold, decisive steps quickly and get credit.
Or an economic meltdown forces you to step in later and take full responsibility.
