Hunt launches everybody-get-out-and-push committee

Last Updated: October 17, 2022By Tags: , , , , , , , ,

Is this an admission by Jeremy Hunt that he doesn’t know how to fix the problems his boss Liz Truss has created?

It’s an everybody-get-out-and-push committee, isn’t it?

All Hunt has done so far is cancel the changes that “spooked” (according to the BBC) the markets – and all this announcement tells us is that he doesn’t know what else to do.

Here are the details.

Sadly, his appointments to the new committee offer little cause for joy.

Rupert Harrison of BlackRock, Gertjan Vlieghe of Element Capital, Sushil Wadhwani of PGIM Wadhwani and Karen Ward of JP Morgan Asset Management are all from the right-wing financial sector. Aren’t they exactly the kind of people whose ideas caused the problem?

Apparently new names will be added to the committee in the future. I look forward to hearing whether Martin Lewis, Richard Murphy, Simon Wren-Lewis or anybody else to whom This Site actually pays attention will be invited to join this new club.

And I can’t wait to see what happens when this committee advises Hunt to do something he doesn’t want to.

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One Comment

  1. James October 17, 2022 at 7:55 pm - Reply

    “Hunt launches everybody-get-out-and-push committee” – just LOOK at who’s ON the new committee! Reps of JP Morgan Asset Management, PGIM (the asset management arm of American life insurance company Prudential Financial), Element Capital Management (a US HEDGE FUND, for pity’s sake!) and, to cap it all, the sinister global behemoth BlackRock! Their overwhelming interest will be in screwing all they possibly can out of poor old UK!

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