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.
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.
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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Liz Truss has become a free-market François Mitterrand
Like the French Socialist president, the Prime Minister is being forced to abandon a radical economic programme in the face…
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Would Liz Truss survive if she sacked Kwasi Kwarteng?
A sacrifice to the markets might keep the Prime Minister in office, but without power.
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The Tories’ war on solar is an act of self-destruction
Liz Truss labels the opposition the “anti-growth coalition” but is trying to strangle one of the few private sector success…
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Liz Truss U-turns and fudges through her second PMQs
The Prime Minister has only two options: impose deep spending cuts, or ditch the mini-Budget.
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Unwhippable Tory MPs have carte blanche to rebel
Your weekly dose of gossip from around Westminster.
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Liz Truss’s feeble cabinet proves that Westminster is enticing the wrong people
In the 1980s the Tory benches were crammed with MPs who had run businesses – but now they’re full of…
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Will Kwasi Kwarteng’s resignation be the price of Liz Truss’s survival?
Many Tory MPs believe the Prime Minister will be forced to sacrifice her ideological soulmate.
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The growth delusion
Liz Truss and the economics of deception.
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The Foreign Office has taught fewer than five civil servants to speak Cantonese
The department has been accused of undermining its ability to challenge China by training so few to speak its primary…
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Kwasi Kwarteng makes a cautious retreat
The Chancellor has deferred to convention with two U-turns meant to reassure the markets.
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Fuel efficiency gap will cost households hundreds of pounds
Energy costs for older, poorly insulated homes will increase by twice the rate of more efficient ones.
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David Cameron’s “Big Society” is still very much with us
As the UK braces for Liz Truss’s austerity 2.0, charities are still picking up the welfare slack from the first…
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Must the Tories choose between Liz Truss and Boris Johnson?
The question that troubles Conservatives as they ponder regicide is whether the former prime minister could yet return.
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