Tories do not seem to have learned lessons from past

THE budget has increased the wealth of the richest in the country while leaving the rest of us to pick up the bill.

The Government’s gamble involves eye-watering borrowing costs which will have to be paid for by struggling families.

Given that oil is valued and paid for in US dollars, then fuel is going to get ever more expensive because of the fall in the value of the pound.

Increased transport of goods will lead to even more price rises in the shops.

Some of us are old enough to remember a similar Tory tax-cutting budget in 1972.

This led to spiralling inflation, forcing the then Prime Minister, Ted Heath, to call a general election, which the Conservatives lost.

History often repeats itself, so we might expect a change of Government quite soon.

A new Keir Starmer government must quickly reverse the inequalities created by Mrs Truss.

Keith Waldon Abbeydale

I LIVED through the Barber boom and bust (1972/73) which led to hyper inflation, mass unemployment and Thatcher’s deregulation, which led, ultimately, to the crash of 2008, the Lawson boom and bust (1989), the fiasco of shadowing the Exchange Rate Mechanism (1993), Cameron/ Osborne austerity and Boris Johnson.

And now we are back to another version of Barber’s boom and bust by an Etonian hedge fund speculator.

The Tories have clearly learnt nothing at all in 60 years and still chant the same old dogmas that have led to these problems.

A wise person tries to learn from their mistakes but we are governed by a party displaying terminal stupidity.

A Davies Cheltenham