WHEN Liz Truss accidentally tweeted that she would be ready to “hit the ground” on day one of her premiership, most people saw the funny side of the typo. In reality, it took 40 days for the new Pr…
With the NHS budget untouchable, a massive spending increase on the energy bills freeze and a promise to hike defence spending, the PM had snookered herself.on Wednesday there would be no cut to public spending, the clock was ticking on a spectacular U-turn.
The PM began to make preparations to climb down on Wednesday evening, as her Chancellor — her closest friend and ally in politics —The Bank of England was forced to step in after the disastrous mini-budgetWhile he was there they openly criticised the Government’s plans in a humiliating dressing down on the world stage.“We were becoming a laughing stock,” one minister admits.
Ms Truss also briefly considered firing the Chief Whip Wendy Morton, who MPs consider a lightweight totally unable to herd the various factions of the Tory MPs publicly machine gunning each other.was cemented when news of it leaked to the Sun and others on Thursday afternoon — the Pound rallied and the cost of long-term government borrowing fell.was due to stop buying up vast amounts of debt to ease the pain.
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