The race to succeed Liz Truss begins
There is no agreement among Tory MPs on who the new leader should be: some want Penny Mordaunt, others Jeremy…
ByLiz Truss
Elizabeth Truss was prime minister from 6 September 2022 to 25 October 2022. Her tenure in the job, marked by unrest in financial markets, was the shortest in British history. She studied philosophy, politics and economics at Merton College, Oxford. She is married and has two children, and was elected as Conservative MP for South West Norfolk in 2010. In 2014 David Cameron appointed her as Environment Secretary, and, at 38, she was the youngest female member of his cabinet. After that she became the first female Lord Chancellor and the first female Conservative foreign secretary.
Tory members can’t say nobody warned them
The party wouldn’t vote for Liz Truss today, but they should have known this disaster was coming.
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What does Huntonomics mean for Britain?
The tax and benefit policies announced during this parliament will reduce the income of a typical household by around £1,000.
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The market revolt against Liz Truss does not prove that austerity was justified
Far from vindicating the Cameron-Osborne approach, the last few weeks merely prove what a tragic error it was.
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All hail the new leader, Jeremy Hunt
For all the talk of unity, the direction of post-Truss travel is obvious.
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How long can Liz Truss survive?
The Prime Minister’s position is ever more fragile but Tory MPs have yet to unite around a candidate to replace…
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Where is Liz Truss?
The Prime Minister’s refusal to appear only emphasises how desperately weak her position is.
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Jeremy Hunt hastens Liz Truss’s downfall
The Chancellor has trashed the rationale for her premiership and the mandate on which she was elected.
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Why higher corporation tax is good for growth
The British tax system is biased towards services, and a higher headline rate could redress the balance.
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The Conservative dream of home ownership will evaporate in a few months
The average first-time buyer will be better off for only five months before higher mortgage payments overtake their stamp duty…
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Liz Truss is a morbid symptom of British capitalism’s long crisis
The Prime Minister unwittingly posed a question that should haunt her party: what is the point of capitalism if it…
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Will Liz Truss really drop Boris Johnson-era policies?
The PM has hinted at a rethink of her predecessor’s policy commitments. As parliament returns, which are at risk?
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The left shouldn’t gloat when the markets dictate policy
When an elected party is prevented from making policy by unelected investors, it’s hardly cause for celebration.
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This is no U-turn – it’s a car crash
Liz Truss remains on autopilot, insisting her low-tax assumption is correct, and that speed and miscommunication caused the turmoil.
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Liz Truss makes Jeremy Hunt her human shield, but how long can she last?
The choice of Chancellor is designed to appease the Prime Minister’s critics. But it’s hard to see how they can…
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The shortest-serving chancellors in British history
Kwasi Kwarteng has become the second-shortest serving chancellor in postwar history after the Conservatives’ Iain Macleod who died in office.
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Liz Truss sacks Kwasi Kwarteng – will she be next to go?
Jeremy Hunt takes over from Kwarteng, who becomes the second shortest-serving Chancellor in history.
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Liz Truss already faces “a pile” of letters of no confidence
The 1922 Committee is ready to suspend the rule that prevents a vote to oust the Conservative leader within a…
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Kwasi Kwarteng’s Budget is being rewritten while he’s across the Atlantic
The Chancellor insisted today that “our position hasn’t changed”, but behind the scenes it’s a different story.
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Liz Truss and Kwasi Kwarteng’s ideology is colliding with reality
The question now is how much economic damage is done before the Prime Minister succumbs to the inevitable.
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