Katy Balls and Fraser Nelson

Monday

Katy Balls and Fraser Nelson

Liz Truss: The interview

What went wrong for Liz Truss? In her first interview since leaving 10 Downing Street she talks to Spectator TV (watch it here), going through her leadership election, her 49-day premiership and her plans for the future. She says her plans to scrap Rishi Sunak’s corporation tax rise failed because the OBR rejected her analysis that ‘raising taxes is counter-productive’ and is ‘not actually going to lead to reducing debt’. The OBR, she says, should face greater scrutiny about the assumptions in its models given how much sway she believes they now hold over UK economic policy.

Katy Balls and Fraser Nelson

Liz Truss: The interview

51 min listen

What went wrong for Liz Truss? In her first interview since leaving 10 Downing Street, she talks to Spectator TV about her leadership election, her 49-day premiership and her plans for the future. Truss admits to some mistakes, says her premiership was probably doomed after she fired her chancellor Kwasi Kwarteng, and says Whitehall orthodoxy stopped her from doing what she wanted.

Thursday

Katy Balls and Fraser Nelson

‘It’s not morally right to keep borrowing at these levels’: Rishi Sunak’s plan to fix the UK economy

After ten months as Chancellor of the Exchequer, Rishi Sunak has finally decided that it’s safe to settle into 11 Downing Street. When we meet, there’s a modern work of art depicting currency signs — €, $, £, Y — being hung in the sitting room, and a portrait of Disraeli being moved to another room. He never had much time to get comfortable, thrust into his job after the surprise resignation of Sajid Javid in February and expected to deliver a Budget the following month. ‘I thought my most difficult professional thing would be to put a Budget together in three and a half weeks,’ Sunak says now. ‘But it turned out actually that that was probably the easiest thing we’ve had to do.’ The Chancellor has certainly been busy.