Tory Chairman Jake Berry says the party he & the Chancellor were at after the mini-budget was normal get-together with donors & "Britain's leading entrepreneurs". Asked if there were hedge fund managers there, he says he knows of at least one #ridge
Jake Berry says he's "not sure any of [the people at the party] made money from the crash in the pound". He adds this event was part of the "normal drumbeat of treasurer events" & the people there should be "lauded" for donating to political parties #ridge
Jake Berry says he can "categorically" guarantee that Kwasi Kwarteng didn't give any special insight into future tax plans in his speech at the event. He also says the Chancellor wouldn't have done that in private conversations there either #ridge
Tory Chairman Jake Berry says there will be a "drive to trim fat" when it comes to spending #ridge
Chairman Jake Berry says that any Tory MPs who vote against the budget would lose the whip #ridge
Jake Berry says "markets often over-react" in times like these. He adds "let's see where the markets are in six months' time" #ridge
Jake Berry says "people didn't vote Conservative because they wanted a Labour-light government" #ridge
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Waiting for a bus that’s delayed by a motorway closure that I’m taking because of a rail strike while simultaneously whatsapping a mortgage broker to get a fixed rate deal as soon as possible feels very of our times.
Even more pleasurable that this is my journey to Tory conference.
Now sat in the bus in standstill traffic outside the Bullring, round the corner from the bus station, because of protests outside the Tory conference 😭
- Kwasi Kwarteng says in the Tele he will set out a credible plan to get debt falling in the medium term on Nov 23.
- Levelling Up Sec hints to the Times that austerity is on the cards saying the "extremely large state" needs to align with a lower tax economy.
Simon Clarke interview in the Times arguably the most important intervention this morning...
He says it's a "fool’s paradise" to get less productive and yet still "enjoy a very large welfare state". He says the two are not compatible.
Clarke also says “I do think it’s very hard to cut taxes if you don’t have the commensurate profile of spending and the supply side reform... my experience as CST [chief secretary to the Treasury] is that there is always something you can do to trim the fat.”
Sinn Fein President Mary Lou McDonald says the Northern Ireland Protocol "is going nowhere... and the British govt cannot use Ireland as a pawn, we won't be the collateral damage in the Brexit negotiations". She says she'll "make that clear" to Boris Johnson when he visits.
Mary Lou McDonald says the British govt is "sabre rattling" over the Northern Ireland protocol and "engaging in a game of brinkmanship" and adds "the people of this island deserve better than that". She says Boris Johnson "cannot play dangerous games with Ireland".
Mary Lou McDonald says the Tory govt in London is "in cahoots with the DUP" to prevent an assembly being formed at Stormont. She says that frustrates the will of the people and to "to anyone who calls themselves a democrat, is clearly unacceptable and clearly shameful".
Jacob Rees-Mogg has four officials/advisers with him for his morning interviews about axing a fifth of the civil service. He says that is because he covers a "wide area of public policy" and adds two are special advisers & two are from the Cabinet Office.
For context, when we have the Foreign Sec or Defence Sec in they usually just have one or two advisers.
Jacob Rees-Mogg says he wouldn't echo comments from Tory MP Lee Anderson, who said that people who use foodbanks can't cook or manage their finances properly.
"I can't cook myself and it wouldn't be right for me to lecture people on how to live their lives", said Mr Rees-Mogg.
Fresh revelations in the Telegraph that No10 staff held two leaving parties for staff in April last year on the eve of Prince Philip's funeral. This allegedly involved one person going to the local Co-op on the Strand and filling a suitcase full of wine.
Case for the defence...
Boris Johnson wasn't there on this occasion, he was at Chequers. No10 is not denying the report though, saying that on the night in question departing comms chief James Slack gave a farewell speech.
Case for the prosecution...
The details are damning (the suitcase of wine, DJing on a photocopier) & the image they conjure stands in stark contrast to the image of the Queen sitting alone, hours later, mourning her husband at his funeral. That will disgust many, including MPs.
Culture Secretary Nadine Dorries on Sky News now...
Nadine Dorries says she doesn't accept that the PM is in the wrong because we need to wait for the findings of the Sue Gray report. But she says staff had been working "18 hours a day together" & that No10 is a workplace with a garden running outside.
Nadine Dorries says that some of the MPs that have spoken out against Boris Johnson "have a track record of consistently and frequently... not supporting the Prime Minister" and have made "similar calls" at other points in the past.