Rishi Sunak accused his rival Conservative leadership candidates of promoting “socialism” by promising unfunded tax cuts, as the deep divisions in the party over economic policy were exposed in a bad-tempered televised debate.
As the contenders clashed repeatedly over tax and spending in the ITV debate, Liz Truss confronted her former cabinet colleague, saying: “Rishi, you have raised taxes to the highest level in 70 years. That is not going to drive economic growth.
