June 12, 2017

Just when Ms Liz Truss seemed the Justice name to trust, she’s only gone and been reshuffled.

What, you may ask, with both pertinence and promptitude, does this shock move mean for all those new laws insurers are so eager to see passed into law? Seriously, you’re asking us, Bankstone News?!

One thing we can tell you is that she’s been replaced by David Lidington [sick], an expert on Tudor history and the author of an acclaimed Cambridge doctoral thesis on The Enforcement of the Penal Statutes at the Court of the Exchequer c.1558-c.1576. All of which should stand him in good stead when it comes to smoothing the way for the dissolution of the monasteries, the privatisation of the NHS, The Great Brexit Bill, or whatever it is the government is planning to use those so-called Henry VIII powers for.

As for Liz Truss, it’s probably fair to say that her departure will not be long lamented by insurers, 15 of whose chiefs met Chancer of the Exchequer Phil Hammond the day after Truss slashed the so-called Rate of Ogden, to call for her head on a platter.

That head duly delivered, however, insurers may still be somewhat less than fully satisfied. With the UK political landscape in a state of utter mayhem, all kinds of things they want done have been moved to a burner so far back it’s hard to make out, at least from where Bankstone News is standing, whether the gas is even on still.

Will Dav Lid come up with the goods? The jury’s out for now, but a man who once claimed £115,000.00 in expenses in a single year (including £1,300 on dry cleaning alone – although, in his defence, it may just be that he’s a very messy eater, or that he inadvertently hired out one of his houses to a firm producing adult films) is clearly no slouch when there are edges of envelopes to pushed.

Bankstone News Verdict: not sure, really.


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