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Tom Winnifrith Bearcast: Liz Truss's dim VAT idea, more Cineworld goes bust news and back to Naked Wines

By Tom Winnifrith | Sunday 28 August 2022

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

I start by responding to some of your comments on yesterday's Naked Wines (WINE) podcast HERE. Then onto Liz Truss and why her VAT plan shows she is either dim or bonkers.In stating that inflation can be tackled with handouts rather than, as Maggie knew, with pain all round and, in this case, peace in Ukraine not an endless war, Ms Truss is lying to us all. Then onto the strange death of Cineworld (CINE).

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