“The financial markets no longer issue blank checks and a minimum of budgetary seriousness is required”

Indeed, this economic program did not come as a surprise: she had announced almost everything during her campaign – an internal campaign, restricted to around 180,000 members of the Conservative party, it must be remembered. At the end of August, beginning of September, political pundits were already dreading turbulent times – notably abysmal relations with the EU over the Northern Irish protocol. She surprised by the extent of the gifts to the wealthiest, this speech without compassion and totally assumed on the mode “we must end with the redistribution” (to the weakest). This summer, for example, it ruled out the return of austerity… Which now seems difficult to avoid. Finally, this way of communicating on the mini-budget, by refusing to seek the opinion of the Office of Budget Responsibility, an independent body responsible for assessing the sustainability of public budgets, has thrown the markets into a panic.

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