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Investors' reaction to Budget 'very different' to Truss

Treasury secretary speaks out to reassure the markets after a rise in the cost of government borrowing.




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Europe should become the top priority for Liz Truss

Europe should become the top priority for Liz Truss Expert comment NCapeling 3 September 2022

Liz Truss has the chance to be a better prime minister than Boris Johnson was, not least in the UK’s foreign policy.

For all the smoke-and-mirrors talk now commonplace about Brexit opportunities, there is real potential that Liz Truss could extract from the aftermath of that upheaval as well as from the turmoil in the world.

But the approach and priorities she revealed during her one year as a better UK foreign secretary than Boris Johnson was – although he did set a low bar – as well as the past three months campaigning for the leadership of her party contain a warning.

She has shown a willingness to aggravate relationships with allies in pursuit of the support of her party faithful, and of a vision of British independence as well as a tendency to dismiss economic analysis when it inconveniently questions her assertions about favoured policies.

At the heart of her political identity is a notion which is both a strength and a potentially calamitous weakness – a love of the notion of being a disrupter which injects a deliberate unpredictability into her approach towards a world in extreme flux.

If she indulges this without good judgment, she could do real damage to Britain’s prospects and standing in the world.

Ukraine and the energy crisis

In foreign policy, Europe should be her starting point and the opportunity here for the UK is clear. The war in Ukraine and crisis in the cost of energy gives it a role – despite having left the European Union (EU) – in talking to EU governments about the future of the continent on many fronts.

Johnson’s emphatic support of President Zelensky gave the UK a position of moral and strategic clarity which Truss can build on through what will be an exceptionally difficult winter for Europe’s governments.

At the heart of her political identity is a notion which is both a strength and a potentially calamitous weakness – a love of the notion of being a disrupter

She is in a position to persuade European leaders to remain united in Ukraine’s support while planning better how they are going to source energy. She could expand on that to help the EU find a way through its many other problems, such as upholding democratic values throughout the bloc or finding a response to migration.

There is also a chance for the UK to shape Europe’s thinking on the development and regulation of digital technology and medicine, energy, and the environment.

Truss’s declaration that the UK should now spend three per cent of its GDP on defence could help her in taking that kind of role. However this campaign declaration is not yet credible, given the pressures on the national finances and her silence so far on support for households on energy costs.

But that is the opportunity in theory and the signs are this is not her approach to Europe. Her provocative and opportunistic comment that the ‘jury’s out’ on whether President Macron (and France) was a friend or foe shocked both Britain’s allies and opponents.

For those keen to see divisions among democracies, it gave unexpected, heady encouragement, and to those within those countries, it injected a doubt about shared values which was deeply damaging. The chilly poise of Macron’s response – that the UK and France would always be allies – showed how far she had departed from normal protocol.

The episode encapsulated one of the sources of unease about the Truss style – improvisation under the banner of ‘disruption’ without thought of consequences.

Her instinctive liking for the US will help Truss in relations with Washington at a difficult time, and her apparent intention to designate China as ‘a threat’ will support that relationship too

However, she has shown consistency over the Northern Ireland Protocol with little sign of compromise, and that alone could cause much unnecessary damage to UK interests. It also puts her on a collision course with the EU and the UK House of Lords, due to consider controversial legislation again in early October after the Conservative party conference.

There is huge opposition in the Lords to two aspects of the legislation. The first target is the intention of the Johnson government – likely to be repeated by a Truss government – to use the bill to jettison aspects of the protocol, which many argue breaks international law. The second is the delegated power the bill would give ministers.

The cost of a new, serious clash – or worse, a full trade war – with the EU is high. There is the loss of trade, the increase in friction for business, which is consistently underestimated by the UK government, and the loss of scientific and research partnerships.

More than that, though, there is the weakening of ties to a set of allies with common values sharing an increasingly troubled neighbourhood.

US, China, and others remain important

And to say Europe should come first is not to dismiss other claims on the UK’s foreign policy. Her instinctive liking for the US will help Truss in relations with Washington at a difficult time, and her apparent intention to designate China as ‘a threat’ will support that relationship too.




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After Truss, the UK can still rebuild its global reputation

After Truss, the UK can still rebuild its global reputation Expert comment NCapeling 20 October 2022

Following a chaotic few weeks as UK prime minister, Liz Truss has stepped down. And that is the best outcome for her party and for the country.

Liz Truss could not command support for her calamitous – and misnamed – mini-budget. And once her new Chancellor Jeremy Hunt had overturned its provisions, she had no mission or credibility left.

The budget pushed interest rates higher and they did not fall much on the scrapping of it, leaving her open to the charge she pushed up mortgage and interest costs for every person and business in the country. Her apology for ‘mistakes made’ was not going to reverse that, so her MPs were right to tell her to go.

Her departure does mark a victory for at least some of the UK’s institutions, even if it might not seem that way to observers around the world.

There is no question the UK’s standing in the world has been severely battered by this episode and by the revolving door of prime ministers

The position of the UK parliament has been reaffirmed, and so has that of the Office for Budget Responsibility (OBR) – it will be a long time before a government tries to dispense with the comments of the independent watchdog of national finances.

This also reinforces the principle that governments must explain how they will pay for their programmes. The Bank of England remains unencumbered – despite Truss’s apparent intentions of giving it a pro-growth addition to its mandate – to pursue its aim of tackling inflation.

New leader needs legitimacy quickly

The Conservative party has a chance – perhaps – to produce another prime minister without being forced into a general election, as that is the constitutional principle in the UK’s parliamentary system.

But the clamour that the new leader, as the third prime minister in one year, lacks legitimacy may prove impossible to resist for long.

In attempting to select a leader with a chance of uniting the party, the Conservatives are right to be considering options for restricting this leadership election to MPs should there be only one candidate with enough support.

But no such candidate may emerge and the pressure within the Commons – and the country – for an early election will not let up.

There is no question the UK’s standing in the world has been severely battered by this episode and by the revolving door of prime ministers. For the UK to regain respect – and an image of reliability – it needs to move fast and find someone capable of putting policies into action.

Those policies need to be based on economic stability but must also include a resolution of the relationship with Europe as much of the current upheaval represents the bitter aftermath of Brexit.

The UK must show its reputation for being a country which holds respect for law and good government high in its values. The country is more capable of change – and willing to impose it on itself – than many in other countries often imagine

Concluding a deal with Brussels over the Northern Ireland protocol – avoiding ripping up the treaty the UK signed – and continuing to smooth the considerable friction that the exit from the EU has brought for exporters is essential work for the next prime minister.

Pursuing a deal for scientists to take part in the European Union (EU) Horizon research should be a priority. UK universities and researchers are already reluctantly preparing for a future where that does not come, with signs of the feared drain of talent already clear.

UK’s international reputation now at risk

Beyond that, there is much about UK policy which needs clarifying if the country is to regain its international standing. Just weeks from the start of COP27 and less than one year since the Glasgow climate change summit it hosted, the UK position on climate change commitments appears in flux.

The UK government pledge to help Ukraine is clear and has won it gratitude there and respect within Europe, but its intentions for defence spending are less clear.




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Fire at central P.E.I. roofing supply company Valley Truss deemed accidental

The Prince Edward Island Fire Marshals Office has concluded its investigation into a massive fire at Valley Truss and Metal in Kensington in October.



  • News/Canada/PEI

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Exclusive: Liz Truss urged to act with Britain facing biggest loss of sports facilities in a generation




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U.K. PM race | At debate, Truss says she will call out Putin in front of “swing” countries like India, Indonesia

Sunday’s debate was the second in the U.K. Prime Ministerial race that began last week, with a third round of voting set for Monday




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Equalities Minister Liz Truss lambasts trans advocates for claiming they had Government approval

Equalities Minister Liz Truss ordered EqualiTeach to stop using the logo of the Government Equalities Office on its controversial guidelines stating teachers must allow trans pupils to use toilets of their choice.




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Micro-truss structures having in-plane structural members

An enhanced self-writing method for generating in-plane (horizontally-oriented) polymer lightguides that includes disposing one or more light deflecting structures in or on the upper surface of a uncured layer that deflect incident collimated light beams in a transverse direction (i.e., parallel to the uncured layer top layer surface), whereby the deflected collimated light beam polymerizes a corresponding elongated portion of the uncured material in a self-propagating manner to form in-plane polymer lightguides. When used in the fabrication of micro-truss structures, the in-plane polymer lightguides are linked to diagonal polymer lightguides to form superior truss configurations, such as that of the ideal octet-truss structure. Non-polymerized portions of the uncured layer are removed to expose the micro-truss structure for further processing.




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Slant-truss crane rail

In one aspect, the invention is directed to an overhead crane with one or more bridge rails, that incorporates a reinforcement truss into its one or more bridge rails so as to reduce the overall mass of the one or more bridge rails. This facilitates movement of a load carried by the bridge by an operator to a destination point, particularly in embodiments wherein the one or more bridge rails do not have any bridge drive motors thereon. Reducing the mass of the bridge can increase the amount of lifted load that can comfortably be maneuvered by an operator, particularly when the bridge is manually moved along the runway. Additionally, reducing the mass of the bridge reduces the momentum associated with the bridge, which can increase the amount of control that the operator has when it is desired to stop the bridge when the load has been maneuvered to its desired destination point. The second reinforcement members may have first and second ends that are inserted into receiving apertures in the first reinforcement member and in a bracket that mounts to the bridge rail respectively. In embodiments wherein the bridge includes two rails and is capable of supporting a load in such a way as to generate a downward force that is offset from the bridge axis, the second reinforcement members may be connected to the first reinforcement member and to brackets in such a way as to prevent the withdrawal of the second reinforcement members from the receiving apertures.




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Truss device and an escalator or moving walk

The present invention provides a truss device for an escalator or moving walk comprising an outer panel and an inner panel facing the outer panel, characterized in that, the inner panel is formed from a single integral panel and comprises a body part and a plurality of connection parts extending from the body part toward the outer panel thus forming corresponding through openings in the inner panel, each connection part is connected to the outer panel so that the outer panel and the inner panel are fixed together, wherein the inner panel further comprises a support part formed on the body part of the inner panel and projecting in a direction away from the outer panel. The present invention also provides an escalator or moving walk having the above truss device.




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Truss and column structures incorporating natural round timbers and natural branched round timbers

Trusses comprising natural round timbers as top and bottom cords are provided. Also provided are truss and column assemblies comprising natural branched round timber columns connected to a truss.




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Acid Church - Ari Shaffir, Eddie Bravo, Duncan Trussell

Ari Shaffir, Comedian, and Host of the, "Skeptic Tank" podcast, Eddie Bravo, 10th Planet Jiu Jitsu,join Joey Diaz and Lee Syatt in studio with a call from Duncan Trussell, 'The Duncan Trussell Family Hour"

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Recorded live on 10/12/2015.

 

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#653 - Duncan Trussell

Duncan Trussell, a comedian and the host of the "Duncan Trussell Family Hour" podcast, joins Joey Diaz and Lee Syatt LIVE in studio.

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Recorded live on 01/27/2019.

 




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Innovative prefabricated bamboo trusses hold up this new sports hall

Marrying the traditional material of bamboo with modern engineering, this impressive sports hall in Thailand was constructed without steel reinforcements or connections.




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Liz Truss set to avoid axe in Cabinet reshuffle as Boris Johnson defies top adviser Dominic Cummings

There is also likely to be a boost for powerful Cabinet Office boss Michael Gove, who is expected to bring responsibility for November's UN climate summit in Glasgow into his Whitehall empire.




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The rover / by Aphra Behn ; edited and with an introduction by Simon Trussler

Behn, Aphra, 1640-1689




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Truss bridge on the Overseas Highway in the Florida Keys




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Marriage record of Trussel, J. B. and Purdue, Fannie J.




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Marriage record of Struss, Frank R. and Lawrence, Corinne Hayes