Liz Truss hints her disastrous mini-budget would have worked out

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Liz Truss hints her disastrous mini-budget would have worked out
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The ex-prime minister, whose fiscal plans caused chaos in the UK economy, made the remarks at the launch of her new 'Growth Commission'.

One of the group's co-chairman, Shanker Singham, claimed opportunities for growth in the UK were"abundant and increasing".

He added:"Failure to act will see us miss out on the opportunities presented by huge technological advances that we have seen especially over the last 20 years."But the Commission did not outline policy suggestions of how to reach this figure, instead saying it would provide further analysis around large scale fiscal events.

But following a number of un-costed tax cuts outlined in her mini-budget, the markets were sent into a spiral, damaging both the economy and her credentials.bringing in Jeremy Hunt to reverse the policiesMr Hunt remained as chancellor in Rishi Sunak's cabinet and the pair have taken a different approach, focusing on cutting inflation rather than taxes.

However, despite promises to halve the figure before the year is out, the number has remained stubborn and the Bank of England has continued to increase interest rates as a result.

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