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Liz Truss

  • Ministers could reopen trade talks with China

    October 16, 2023

    Plans to reconvene a joint trade committee with China are being considered by the government, according to a report. Officials are said to be examining options to strengthen trade ties with the Asian superpower, including relaunching the joint economic and trade committee (JETCO), two people familiar with the discussions told Politico.  The UK-China forum has [...]

  • Liz Truss allies set to publish ‘growth budget’ days ahead of autumn statement 

    October 15, 2023

    Liz Truss allies are set to publish their so-called ‘growth budget’ just days ahead of Jeremy Hunt’s autumn statement. The former Prime Minister, who spent just 49 days in power, set up the Growth Commission after leaving Downing Street in a bid to challenge what she termed ‘Treasury orthodoxy’. Now the task force has announced [...]

  • ‘The lower the better’: Truss tells Tory conference corporation tax should be at 19 per cent

    October 2, 2023

    Corporation tax should be slashed to 19 per cent and “if we can get it lower the better”, Liz Truss has said. The former Tory leader, who left office after just 49 days last year following a calamitous mini-budget which sent markets spiralling, called for action to “change the agenda” and prevent British businesses being [...]

  • Lettuce remember: One year on from Liz Truss’ disastrous mini-budget

    September 22, 2023

    One year on from the mini-budget, City A.M. takes a look at the fallout and asks whether Truss still has the ability to influence the Conservative Party going forward.

  • Liz Truss: Bank of England mandate should be reviewed after inflation failures

    September 18, 2023

    Former Prime Minister Liz Truss reiterated her claim that the Bank of England should have its mandated reviewed due to its failures to get a grip on inflation.

  • Truss: Tories have let the left capture economic consensus – and Sunak’s no better

    September 17, 2023

    LIZ TRUSS will warn today that a lack of supply side reform under Rishi Sunak will lengthen a 25-year-long ‘economic consensus’ that has seen growth effectively flatline across the west.

  • Gavin Williamson told to apologise for bullying Chief Whip over Queen’s funeral tickets

    September 4, 2023

    Sir Gavin Williamson should apologise to MPs for bullying a Conservative colleague after he was not allocated tickets to the late Queen’s funeral, Parliament’s watchdog has said. He was forced to quit as a Cabinet Office minister just days into Rishi Sunak’s premiership last year over a series of expletive-laden messages to former chief whip [...]

  • Truss suggests mini-budget may have paid off in the long-term

    July 12, 2023

    Liz Truss appeared to suggest her mini-budget may have paid off long-term as her new taskforce warned the UK risks lagging behind other nations unless it tackles stagnation. Britain’s shortest-serving prime minister likened sluggish growth in recent years to a “boiling a frog situation” as she attended an event to launch the Growth Commission. Members [...]

  • Javid: Truss ‘ignored’ Treasury warnings on balancing books – and Britain ‘paid consequences’

    July 3, 2023

    Liz Truss “ignored” warnings from the Treasury orthodoxy meaning the country “paid the consequences” for her disastrous mini-budget, Sajid Javid has said. The former chancellor said the focus in HMT on “balancing the books in the medium term” was a good thing, and without that the UK “would have constant financial crisis”. Speaking at an [...]

  • ‘A massive mistake’: Liz Truss bemoans Boris Johnson’s removal after Brexit mandate

    June 16, 2023

    Liz Truss has waded into the fallout over the partygate report which found her predecessor Boris Johnson lied to Parliament, branding his removal a “massive mistake”. The former prime minister, who stood down after a short and tumultuous premiership last autumn, told GB News that Johnson had a “huge mandate” in support of Brexit. Asked [...]

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