Liz Truss has refused to say sorry to mortgage holders and denied the claim she 'crashed the economy' with her mini-budget last year.
Ms Truss used her speech to call on the government to break from "25 years of economic consensus" to escape the "period of stagnation.
"We need to get a grip on the ballooning welfare and pensions bill. This means slowing the rate of increases to benefits and tougher work requirements. It also means raising the retirement age further.” "A more competitive rate of corporation tax would have persuaded the likes of AstraZeneca not to relocate elsewhere. There would have been more duty-free shoppers and a boom in the number of self-employed."
"From the energy price cap to the 2050 Climate Change target to the ESG agenda in companies, there has been a cultural shift across both business and the public sector… Politicians assumed that the good times would go on forever. Hitting out at 25 years of "economic consensus", she will say: "The anti-growth coalition is now a powerful force comprising the economic and political elite, corporatists, parts of the media and even a section of the Conservative parliamentary party.Chancellor Jeremy Hunt is currently preparing for the Autumn Statement, but tax cuts have repeatedly been ruled out while inflation remains high.
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Liz Truss to urge government to cut taxes - and insist her economic plan would have workedIn a speech on Monday, the former prime minister - who was in office for only 49 days - will blame her swift demise on reaction from the 'political and economic establishment which fed into the markets'.
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