Keir Starmer has accused Liz Truss of relying on “the Tory fantasy of trickle-down economics” as he used her first outing at prime minister’s questions to set out clear policy dividing lines on a windfall tax on energy firms and cuts to corporation tax.
Truss, who was cheered into a packed chamber by Conservative MPs, responded by repeatedly stressing her focus on low taxes, and accusing the Labour leader of advocating “the same old tax and spend” instead.