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The Guardian - UK
The Guardian - UK
Politics
Peter Walker Political correspondent

The political time bombs ticking for Truss and Kwarteng

The chancellor, Kwasi Kwarteng, and the prime minister, Liz Truss, at the Conservative party conference in Birmingham.
The chancellor, Kwasi Kwarteng, and the prime minister, Liz Truss, at the Conservative party conference in Birmingham. Photograph: Leon Neal/Getty Images

Liz Truss and Kwasi Kwarteng might hope to have defused one immediate political crisis with their screeching U-turn over abolishing the top 45p rate of income tax. But a series of other political time bombs are still ticking away, and require close attention:

The wider issue of borrowing for tax cuts

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