Today is a big day for the Truss government. And this weekend is just as important for Labour as it sets out its stall at the party conference in Liverpool. It’s not difficult to summarise how the critique of the new Tory leader will go: same old Tories. One rule for them (bankers’ bonuses and tax cuts for the rich). And one rule for us (low wages, no prospects). This is a criticism that will be spelt out time and again.
Sir Keir Starmer will be betting this message continues to resonate as our national debt continues to grow, inflation stays high, interest rate rises, people feel poorer and Liz Truss’s window of opportunity to prove her low tax, pro-growth credentials to an uneasy electorate gets ever narrower. And we continue to wonder whether all things considered, 12 turbulent years of the Tories has been enough.
