Disastrous Truss budget forced UK councils to take out massive 50-year loans at soaring rates

by You_lil_gumper

18 comments
  1. That silly bitch is truly the gift that keeps on giving

  2. I don’t know what to do, the old are setting fire to the future to keep their houses too hot and watch Only Fools And Horses, what is the point?

  3.  If councils default on these loans can the borrower legally seize council assets? 

  4. Not a problem.

    The countries poorest will foot the bill as usual.

    😔

  5. How that person thinks she has anything of value or import to say after her fuck ups I do not know.

  6. Interest rate is “up to 4.77%”

    In today’s financial climate, that’s a fucking steal, so . . .

  7. I just want to drag every moron who still believes that the conservatives are ‘fiscally responsible’ and hang them from tower bridge

  8. Aww she’s so cute she wanted to be prime minister and she did it. It’s a feel good story.

  9. This is possibly one unintended benefit to the government. More bankrupt councils means more privatisation of local services.

    It’s disaster capitalism at it’s finest.

  10. She could not have done a worse job as PM if she tried.

  11. Nobody forced councils to take out loans for a budget that didn’t happen. What is this? Blame Truss for every single failing of the Tory party? I dislike her but this stinks of scapegoat.

  12. What a misleading headline…. 50 year comes om 4.77%. Yhats not extortionate that’s actually quite good. To out that in perspective since 1950 is just under 10%. Even for the past 20 years it’s higher than that figure.

  13. You would expect that anyone who has caused such a complete mess in their job would hide away, but instead she’s still promoting her disastrous ideas.

  14. The ridiculous market reaction to her budget was manufactured to oust her and install the WEF puppet that we have now.

  15. The councils are a joke they spend money like water and it’s never there fault

  16. Woah woah slow down, I was told trickle down economics worked.

  17. This is bullshit..

    Alot of councils agreed to and paid for development plans, contracts and services that were WAY over budget and weren’t in the interest of the the people.. those same counselors are fucking rich and many of them and their friends made millions across the board..

    Woking is a great example for this.. but there are so many others…

    Why would anyone think that our councils aren’t as corrupt as the main outfit in downing street? You’d have to be a complete moron to think that these two groups of the same bag of shite are somehow isolated!

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