Speaking after Prime Minister Liz Truss sacked her Chancellor Kwasi Kwarteng after only 38 days in office for implementing her own core economic agenda, which has been rejected by the markets and by working people, Mr Eastwood said that the Tory party has no mandate for the damage they are doing to people.
Said the Foyle MP: “The chaos at the heart of the British Government has not been caused by fleeting problems of political management.
“It is a symptom of the deep political sickness in the Conservative Party which has been allowed to drive an economic market meltdown that will hit working families hardest.
“In spite of all the warnings and all the advice, the Tories chose to install an administration with an economic agenda that rewards the super-rich at the cost of working people in the middle of a household finance catastrophe.
“Moving the deckchairs around the Tory government Titanic will not alter the dogmatic logic that delivered the failed mini-budget.
“Liz Truss can sack her Chancellor after 38 days in office but it does not change the fact that she believed in the agenda he was charged with implementing.
“The British Prime Minister’s political authority and economic credibility, if they ever existed, have indisputably evaporated.
“There is no mandate for more of this chaos with the Conservative Party.
“Indeed, without a devolved Executive in Northern Ireland to protect us from this rogue government, many will be reflecting on how their interests could be better served in entirely new constitutional arrangements.
“Many will be looking to the certainty provided by more rational stewardship of public money provided by the Irish Government in recent weeks which has sought to address the cost of living crisis and the needs of working people rather than rewarding the rich.
“The case for a social democratic new Ireland where wealth redistribution is based on addressing poverty and want rather than greed grows stronger every day.
“Liz Truss and her inner circle have lost control before they ever really established any.
“People here deserve the chance to choose something different,”
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