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After 49 chaotic days in Downing Street destroyed Liz Truss’ hard-earned reputation as the cabinet’s longest-serving minister, she wanted a chance to tell her side of the story. You can probably understand what happened.
But the former prime minister’s 4,000-word essay shows little remorse, admitting she wasn’t “irresponsible” for causing the market turmoil that made mortgages more expensive for millions. yeah.
Bank of England, Treasury, No. 10, Office of Budget Responsibility (OBR), U.S. President Joe Biden, IMF and even her own Conservative Party have contributed to an “economic legitimacy” that was simply unprepared. is considered to be Truss plan for growth.
Truss has also refused to admit that the economic carnage she presided over has nearly ruined the Tories’ chances of winning the next election, and the Tories’ reputation for fiscal prowess has been tattered. ing.
Aspects of her argument on growth may have merit, as Britain looks down the barrel of a recession, but the nature and timing of her intervention make women once dubbed “human grenades.” means ’ again to the detriment of the government and her party.
Allies say Mr Truss does not want to undermine his successor Rishi Sunak or Prime Minister Jeremy Hunt.
But the timing of her comeback will only deepen the Tory divide, which has resurfaced over tax cuts a month ahead of the budget.
Perhaps worse, it just reminds voters of the damage the party has done to the economy and their own finances.
Ministers were told on a trip last month that the road to victory for the Tories in the next election was still narrow, but that Mr Truss’ presence would make it even tighter.