"Liz Truss lasted about 49 days I think. I don't think it's reflective of the general economic philosophy of the Conservatives."
"There's been a drum beat of announcements through this conference and there'll be a drum beat of announcements after this conference, and I fully expect that will restore the confidence people have in us and make sure we can again challenge clearly the Labour leadership and Labour Government."
"It starts with fiscal responsibility. We have to get the deficit down. And we must also show how every tax cut or spending increase is paid for. So today, I am going to introduce a new golden economic rule. Every pound we save will be put to work. At least half will go towards cutting the deficit."
Conservative messaging minimized the economic impact of Liz Truss's 49-day premiership and rejected claims that the economy still suffers from her policies. Bank of England intervention was cited as limiting those effects to months. The party promised a steady stream of announcements during and after conference to restore voter confidence and to challenge the Labour leadership electorally. The leadership introduced a golden economic rule requiring at least half of savings from cuts to reduce the deficit, with the remainder available for growth-boosting spending or tax cuts. The party pledged £47 billion of spending cuts via welfare restrictions and a smaller Civil Service.
Read at www.independent.co.uk
Unable to calculate read time
Collection
[
|
...
]