Leader: The rout of the libertarians
Trussonomics has imploded and those who advocated it deserve to be haunted by this abject humiliation.
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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.
Trussonomics has imploded and those who advocated it deserve to be haunted by this abject humiliation.
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The UK should look to the Netherlands for inspiration: it is both richer and more equal.
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Unlike Liz Truss, the new Chancellor is a serious and measured politician.
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The Conservative government has long celebrated the UK’s exceptionalism, but this false belief has led the country to ruin
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If the Tories fail to learn the right lessons from the collapse of Trussonomics, they face electoral oblivion.
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Conservative MPs agree that Truss will not lead them into the next election but are deeply divided over who the…
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There is no agreement among Tory MPs on who the new leader should be: some want Penny Mordaunt, others Jeremy…
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The party wouldn’t vote for Liz Truss today, but they should have known this disaster was coming.
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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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Far from vindicating the Cameron-Osborne approach, the last few weeks merely prove what a tragic error it was.
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For all the talk of unity, the direction of post-Truss travel is obvious.
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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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The Prime Minister’s refusal to appear only emphasises how desperately weak her position is.
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The Chancellor has trashed the rationale for her premiership and the mandate on which she was elected.
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The British tax system is biased towards services, and a higher headline rate could redress the balance.
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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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The Prime Minister unwittingly posed a question that should haunt her party: what is the point of capitalism if it…
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The PM has hinted at a rethink of her predecessor’s policy commitments. As parliament returns, which are at risk?
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When an elected party is prevented from making policy by unelected investors, it’s hardly cause for celebration.
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Liz Truss remains on autopilot, insisting her low-tax assumption is correct, and that speed and miscommunication caused the turmoil.
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