Truss

2022 - 7 - 20

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Image courtesy of "iNews"

Rishi Sunak vs Liz Truss: The policies and voting records of the final ... (iNews)

The Tory leadership contest is set to heat up over the summer as the two remaining candidates attempt to woo over Tory party members.

It could be read as a desertion of the manifesto’s “levelling up” ambitions, though it could also prove popular among Tory rightwingers. The Rwanda plan has proven popular with Tory voters. She also helped push through the Northern Ireland Protocol Bill, despite critics’ claims that it breaks international law. What the manifesto said: The 2019 manifesto promised to establish greater “immigration controls” and to make the system “more fair and more compassionate”. What the manifesto said: The Conservative manifesto promised to exceed the Nato target of spending two per cent of GDP on defence and increase the budget by at least 0.5 per cent above inflation every year. What the manifesto said: The UK’s net zero pledge made up a fundamental part of the Conservative manifesto and plans to create a “Global Britain”. The 2019 manifesto said: “We will ensure that Northern Ireland’s businesses and producers enjoy unfettered access to the rest of the UK and that in the implementation of our Brexit deal, we maintain and strengthen the integrity and smooth operation of our internal market.” What she said: Although she campaigned to remain in the EU in the run-up to the Brexit referendum, Liz Truss has managed to pit herself as the Brexit contender in the leadership race. What the manifesto said: The Conservative manifesto promised to exceed the Nato target of spending two per cent of GDP on defence and increase the budget by at least 0.5 per cent above inflation every year. Voting record: Mr Sunak has consistently voted for the use of military forces in combat operations overseas and has voted to replace Trident with a new nuclear weapons system. It also promised to establish greater “immigration controls” and to make the system “more fair and more compassionate”. He spoke in favour of the controversial scheme “as the child and grandchild of immigrants” to the UK.

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Truss claims she wanted Johnson to stay as she pledges to rip up ... (The Guardian)

Tory leadership candidate details her proposals to cut taxes that she voted for as part of Johnson's cabinet.

About 160,000 fee-paying members – half aged over 60, 97% white and a large proportion male and from southern England – will have the chance to vote next month. “I think he did a fantastic job with the 2019 election, and that he delivered Brexit and the vaccines. The interview came on the day after she and the former chancellor Rishi Sunak became the final two candidates in the running to become the UK’s next prime minister. She added: “What is the gamble is what we’re doing at the moment, because currently the United Kingdom is projected to head for a recession. Robert Jenrick also appeared on the Today programme, in support of Sunak’s leadership campaign. She added: “We have had a consensus of the Treasury, of economists, with the Financial Times, with other outlets, peddling a particular type of economic policy for 20 years.

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Image courtesy of "Bloomberg"

Truss Went From Anti-Thatcher Protests to Become UK Tory Darling (Bloomberg)

Liz Truss has undergone a political reinvention to become the favorite to succeed Boris Johnson as leader of the Conservative party and UK Prime Minister.

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Liz Truss breaks cover in eyebrow-raising interview as savage Tory ... (Mirror.co.uk)

The Foreign Secretary defended 'fantastic' Boris Johnson, admitted she has £30bn a year of unfunded tax cuts and drew battle lines with Rishi Sunak as she ...

She’s a bit weird, and that’s going to come out”. A Truss ally told The Times: “The guns are going to be out. They don’t call Liz the human hand grenade for nothing.” Ms Truss got through to the final two last night after ousting Penny Mordaunt by eight MPs’ votes amid dirty tricks claims. In a bid to win over Brexiteer Tories, the ex-Lib Dem Remainer said “I was wrong and I’m prepared to admit I was wrong” on leaving the EU. The Boris Johnson loyalist also admitted she “wanted Boris to carry on as Prime Minister” because he “did a fantastic job” in the 2019 election.

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Truss attacks Sunak's tax policy as final stage of race to be PM begins (ITV News)

As the final Tory leadership contenders battle for the support of Conservative members, Mr Sunak claimed he is the only one who can beat Labour.

In his final Prime Minister’s Questions, he offered advice to his successor in what appeared to be a swipe at Mr Sunak, his former chancellor. “We have been going in the wrong direction on tax, with the tax burden at its highest in 70 years,” she wrote. “I’m confident that we can do that and we’ve got a really positive message to take out to all our members now – crucially, who is the best person to beat Keir Starmer and the Labour Party at the next election?” he said. A winner will be announced on September 5 and will assume office the following day. Ms Truss made the remarks in a BBC appearance on Thursday morning - her first broadcast interview of the contest - as another six weeks of campaigning gets underway after the first stage concluded on Wednesday. She said the former chancellor's National Insurance was a “mistake” and promised axe it, adding that current tax plans – drawn up by Mr Sunak before he resigned from government – will lead to recession.

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Liz Truss promises emergency budget to cut taxes as Sunak vows to ... (The Independent)

The foreign secretary said Mr Sunak had pushed Britain in the “wrong direction” on taxation, and she would swiftly axe his National Insurance rise if she ...

“We have been going in the wrong direction on tax, with the tax burden at its highest in 70 years,” she wrote. Tory polling guru Lord Hayward said he “genuinely” couldn’t call the race. “Who is the best person to beat Keir Starmer and the Labour Party at the next election?” he said. Start your Independent Premium subscription today. “I believe I’m the only candidate who can do that.” Writing in the Daily Telegraph, Mr Sunak insisted he “will govern as a Thatcherite” but tried to dial down the bitter attacks that have dogged the Westminster leg of the contest, saying Ms Truss is someone “I like and respect”.

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Image courtesy of "Financial Times"

Liz Truss attacks Rishi Sunak's economic record in bruising fight to ... (Financial Times)

UK foreign secretary shrugs off accusations of fiscal irresponsibility after entering final round of Tory leadership contest.

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Image courtesy of "Metro"

Liz Truss says she is 'prepared to admit I was wrong' not to support ... (Metro)

Liz Truss says supporting the Remain campaign in the lead-up to Brexit was a 'mistake' while appearing on the BBC's Today programme.

‘I am somebody who have worked my entire life to get things done and that’s what I want to do in the job.’ As a child, she joined her left wing parents at peace rallies and went to the Greenham Common peace camp as a seven-year-old. When questioned on her changing politics, Truss told the Today programme said she ‘developed’ political views and ideas as she grew up. She told the BBC’s Radio 4 programme she was ‘wrong’ to not support Brexit in 2016. ‘I fully embraced the choice that the people of Britain have made,’ she said. Liz Truss says supporting the Remain campaign in the lead-up to Brexit was a ‘mistake.’

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Tory leadership race live: Liz Truss blames Treasury's 'economic ... (The Guardian)

Foreign secretary tells BBC her tax cut plans would cost roughly £38bn a year as she lays out campaign against Rishi Sunak.

In her paper, the clerk of the journals adds: “It is for the committee and the house to determine whether a contempt has occurred and the intention of the contemnor is not relevant to making that decision. This ruling is bad for Johnson because he has already admitted that some of the comments he made to MPs about Partygate were misleading. The clerk’s memo explains that while “much of the commentary has focussed on whether Mr Johnson “deliberately” or “knowingly” misled the Committee”, “this wording is not in the motion”. The committee will seek to take evidence from Johnson and others in public in the autumn. Johnson could face a recall petition, which could lead to a byelection in his constituency, if the committee were to recommend a lengthy suspension from parliament as a punishment. What is the gamble is what we’re doing at the moment because, currently, the United Kingdom is projected to head for a recession. What is a gamble is what we’re doing at the moment. This shows that the MPs are being exceptionally thorough – which is not surprising because an inquiry of this kind is unprecedented in modern times. What is the gamble is what we’re doing at the moment because, currently, the United Kingdom is projected to head for a recession. What is a gamble is what we’re doing at the moment. Truss claimed that “economic orthodoxy” followed by governments over the past 20 years has failed to deliver proper economic growth. Truss claimed that “economic orthodoxy” followed by governments over the past 20 years has failed to deliver proper economic growth.

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Truss insists her plan to cut taxes to boost growth is not a gamble (The Independent)

Foreign Secretary Liz Truss said she would have liked Boris Johnson to continue in office but promised a clean break from his economic policies.

“I wanted Boris to carry on as Prime Minister. I think he did a fantastic job with the 2019 election, winning us a massive majority. But following a bitter parliamentary battle – and with concerns in the party about the damage a summer of infighting could do – he said Ms Truss is someone “I like and respect”. “I am a Thatcherite, I am running as a Thatcherite and I will govern as a Thatcherite.” But Mr Sunak insisted he was a “Thatcherite” as he sought to address the concerns of Tory members that he backed a high-tax, large state approach. “What is the gamble is what we’re doing at the moment because, currently, the United Kingdom is projected to head for a recession,” she said. She said she would take on the economic “consensus” of the past two decades and allow government borrowing to increase to fund her tax-cutting plan.

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Traders Are Predicting Losses in UK Markets If Liz Truss Wins (Bloomberg)

The radical economic policies backed by Foreign Secretary Liz Truss would set UK markets on a downward spiral, according to investors at some of the top ...

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Conservative leadership: Liz Truss says Tory economic policy ... (BBC News)

Liz Truss vows a new economic approach, as she battles with Rishi Sunak to be the next prime minister.

And where does she see the limit of borrowing? In her first broadcast interview of the leadership campaign, Ms Truss told the BBC she was "wrong" in the 2016 Brexit referendum, when she backed Remain. More borrowing, as she advocates now? Mr Sunak has previously said the tax burden needed to be reduced but not immediately, saying it was a matter of "when not if". He is expected to set out further policies in the coming days. It hasn't delivered growth." Meanwhile, Mr Sunak made his case in the Daily Telegraph, pledging to deliver "a set of reforms as radical as the ones Margaret Thatcher drove through in the 1980s".

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Truss v Sunak: What is unusual in the race for UK prime minister? (Aljazeera.com)

In the United Kingdom, the next prime minister will either be the foreign secretary, Liz Truss, or the former chancellor of the Exchequer, Rishi Sunak.

It is that the authority of the office of prime minister itself has collapsed. At the 1964, 1997 and 2010 general elections, voters turned against the then-governing parties with the sense that it was “time for a change”. It is more likely than not that the same will happen again. And the new prime minister only has a limited time to do this. It is true that Sunak is not currently chancellor, as he was one of the dozens of ministers who resigned before the outgoing prime minister, Boris Johnson, announced his resignation, but subject to that proviso, it would not be unusual for a former chancellor to become prime minister. The current political drama, however, is significantly different to the previous transfers of prime ministerial office. And it is not unusual for the potential successors to be serving or former senior cabinet ministers.

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