It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
The Chancellor states on her LinkedIn that she was working as an “economist” at HBOS. This is not true. Guido can reveal that Reeves worked in a mundane support department at the bank, according to multiple former colleagues. Within the Halifax/HBOS Complaints team there was a small support unit which managed administration processes, IT matters, and small projects and planning. It was a team of three people far from the Economics Department. Reeves held a mid-level position. HBOS was acquired by Lloyds in 2009 and the Chancellor left in December of that year to pursue a career in politics…
Reeves has a tendency to be selective about the truth when it comes to her CV – Guido exposed her “chess champion” myth as a falsehood according to records last week. Guido reached out to Reeves’ team – they did not deny she did not work as an “economist” for the bank, but instead said she “covered various areas using her economist background.”As she prepares to drop a huge tax bombshell on Britain, her self-styled claim to be an economic technocrat is unravelling…
order-order.com...
Director Paul Johnson says it is "striking" that much of the increase in day-to-day public spending happens in the next two years, (4.3% and 2.6% respectively), but only 1.3% the year after.
He says: "I am willing to bet a substantial sum that day-to-day public service spending will in fact increase more quickly than supposedly planned after next year."
That is because a rise of 1.3% overall "would almost certainly mean real terms cuts for some departments".
"It would be odd to increase spending rapidly only to start cutting back again in subsequent years."
Mr Johnson goes on to say: "I’m afraid this looks like the same silly games playing as we got used to with the last lot. Pencil in implausibly low spending increases for the future in order to make the fiscal arithmetic balance."
news.sky.com...
Rachel Reeves told us that she was an economist. In reality she ordered the paper clips instead.
x.com...
Gone is the Chancellor’s claim that she was an economist at the Bank of Scotland. She now just says she worked in “Retail Banking” at HBOS. As Guido revealed last month Reeves actually worked in a small complaints team within HBOS which managed administration processes, IT matters, and small projects and planning. Just in case you thought her experience as an “economist” justified that budget…
UPDATE: A Treasury source admits the LinkedIn was edited: “She worked in retail banking covering various areas drawing on her background as an economist. Her LinkedIn has been updated to reflect that.“
order-order.com...
"He is very clear this is a chancellor that has been straight with the public about the state of the public finances and what is necessary to restore financial stability - that is most important," said a spokeswoman.
everal media outlets also reported a change to her profile on the networking site, removing a role as a Halifax Bank of Scotland economist and changing it to "retail banking role".
The reports came after Tory leader Kemi Badenoch referred to her as a "copy and paste chancellor" at PMQs last week, in a dig at past reports that she'd lifted sections of her book from Wikipedia.
Pressed by journalists on whether the prime minister thought she'd been entirely straight with the public about her career, or exageerated her CV, Number 10 offered Sir Keir's definitive backing.
news.sky.com...