Liz Truss has sought to breathe new life into her faltering Conservative leadership campaign with a flurry of uncosted tax cut promises worth billions of pounds, as the five remaining candidates took part in their first mass debate.
Truss, who has the third highest number of Tory MPs’ votes – behind Rishi Sunak and Penny Mordaunt, promised to scrap a planned rise in corporation tax and suspend green energy levies, costing more than £20bn a year overall.
