Do you Trust Liz Truss?
Good Afternoon team,
We have been covering the Conservative Party Conference at Common Sense. It’s the first time since the budget, we are seeing PM Liz Truss talking about the plans of her new government and it’s been very interesting so far.
I want to draw your attention to two pieces of content from Common Sense about this event.
First is an article following her speech
Liz Truss has promised to get the country through “stormy days”, as she vowed to take on the “anti-growth coalition”.
In her speech to the Tory conference, which has been marked by U-turns and internal division, the PM admitted her policies would cause “disruption”. But she said “the status quo is not an option” and “we must stay the course”.
The speech came against a backdrop of financial and political turmoil following the government’s mini-budget. Markets reacted badly to the plans for £45bn in tax cuts funded by borrowing, while the government’s U-turn on its plan to scrap the 45p tax band for the highest earners was fuelled by opposition from Tory MPs.
The other is me taking a look at U-turns and what they can signify about the governments.
In another reversal, it has been widely reported that Kwasi Kwarteng will speed up plans for a new fiscal statement, expected to be focused on spending and deregulation. This is the latest in a stream of U-turns by a government that claims it is listening to the people, but what do these U-turns really tell us about the government?
M.T. Omoniyi — Editor-In-Chief
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