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Wales Online
Wales Online
National
Gavin Cordon, PA Whitehall Editor & Matt Gibson

Liz Truss says tax cut plans were never given a chance and slams 'economic establishment'

Liz Truss has said she was never given a “realistic chance” to implement her radical tax-cutting agenda by her party and by a “powerful economic establishment”. In her first detailed comments since she was forced out of No 10, the former prime minister said she had not appreciated the strength of the resistance she would face to her plans.

While she acknowledged that she was not “blameless” over the way her chancellor Kwasi Kwarteng’s infamous mini-budget catastrophically unravelled, she still believed her approach to driving growth was the right one. Writing in The Sunday Telegraph, she said: “I am not claiming to be blameless in what happened, but fundamentally I was not given a realistic chance to enact my policies by a very powerful economic establishment, coupled with a lack of political support.

“I assumed upon entering Downing Street that my mandate would be respected and accepted. How wrong I was. While I anticipated resistance to my programme from the system, I underestimated the extent of it.

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