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Dominic Minghella Profile picture
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Oct 7 • 3 tweets • 1 min read
Short story: The decline and fall of the UK's credit rating

Even before Trussonomics, the UK's triple-A rating has been downgraded under the Tories SIX TIMES.

0. STABLE Aaa (Blair/Brown)

1. DOWNGRADED to Aaa- in 2012 (Cameron)

2. DOWNGRADED to Aa1+ in 2013 (Cameron)

1/3
The decline and fall of the UK's credit rating (continued)

3. DOWNGRADED to Aa1- in 2016 (Cameron)

4. DOWNGRADED to Aa2+ in 2017 (May)

2/3
The decline and fall of the UK's credit rating (continued)

5. DOWNGRADED to Aa2- in 2019 (Johnson)

6. DOWNGRADED to Aa3+ in 2020 (Johnson)

7. 2022? (Truss) watch this god-forsaken space.

For the sake of UK plc, we have to stop these kamikaze Tories and #takebackBritain.

3/3

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More from @DMinghella

Dominic Minghella Profile picture
Sep 29
This week is extraordinary. But they've been steadily making most of us poorer for 12 long years. It's time for change.
They've pretended to care about poverty and redistribution for 12 long years. Now, not even the pretence.
They've pretended to be motivated by fiscal caution and 'sound money' for 12 long years. Now, not even a pretence.
Read 7 tweets
Dominic Minghella Profile picture
Sep 3
Rising panic over the energy crisis brings it into sharp relief: the Tories, despite being populists, failed on every front to govern for the people. But don't be fooled. They may have failed us, but they were busy. Busy using their majority to ram through a raft of legislation.
This raft of legislation did nothing for you and me, but it did a lot for authoritarian government - taking away rights, preventing scrutiny, reducing democracy and criminalising protest. Their populist slogans have been nothing but a mask for their authoritarian agenda.
There's been no levelling up, no Brexit boost to the NHS, no amazing new deals to replace lost trade with the EU, no real terms increase in pay, no new hospitals, no new doctors, no nothing. But there HAS been plenty of energy for taking away our rights.
Read 4 tweets
Dominic Minghella Profile picture
Aug 14
The UK has a sword-of-Damocles cost of living (and cost of trading) crisis hanging over it, and no effective government.
#takebackBritain
Will this get better when Johnson finally sheds his current snakeskin, and Truss or (just possibly) Sunak takes over? It will not. They both represent more of the same - a breathtaking disregard for real people.
#takebackBritain
Amazingly (for Tories) they don't care about business either. When they had to choose between Brexit and business, they chose Brexit. They chose 'fuck business'.
#takebackBritain
Read 23 tweets
Dominic Minghella Profile picture
Jul 12
So the Tories are hiding from each other in Parliament. Literally hiding behind chairs in side rooms.
They're giving the public the middle finger. Also literally.
They're boasting about cutting the taxes they insisted were necessary.
Claiming fiscal responsibility as birthright when the evidence of decades shows they consistently mismanage the economy - they strip it and sell it and dole it out the proceeds to their mates, crushing our services and our safety net.
They presented a known charlatan as a hero and cheered as he tore our society apart with culture wars.

When they finally ousted him (claiming they'd been duped!) they screwed that up too, leaving him and his epic, lawless ego unchecked at the helm of this great United Kingdom.
Read 5 tweets
Dominic Minghella Profile picture
Jul 9
Michael Green has thrown his hat into the ring. As transport secretary and a shadow minister since 2007, he is the candidate with the most political experience to have entered the race.
1/4
Corinne Stockheath has thrown his hat into the ring. As transport secretary and a shadow minister since 2007, he is the candidate with the most political experience to have entered the race.
2/4
Sebastian Fox has thrown his hat into the ring. As transport secretary and a shadow minister since 2007, he is the candidate with the most political experience to have entered the race.
3/4
Read 4 tweets
Dominic Minghella Profile picture
Jun 6
Say what you like about the suffering he caused to the victims and families of those who were sent to their deaths in care homes, but Boris Johnson got all the big calls right.
1/8
Say what you like about Boris Johnson failing to chair Cobra meetings, shaking hands in hospitals, and sorting out his divorce, while tens of thousands caught Covid and died, but he got all the big calls right.
2/8
Say what you like about Johnson embracing, enabling, and ennobling Russians in London, but when he saw the way the crowd was running, he did the right thing and ran out in front of them shouting 'follow me, because I get all the big calls right'.
3/8
Read 10 tweets

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