Kate is a Senior Trends Reporter at HuffPost UK, covering the day's most compelling stories. She has worked in the national news since she became a qualified journalist and was previously a reporter with Express.co.uk
has described herself as a “victim” of “sabotage” almost two years after her party kicked her out of 10 Downing Street.
The former prime minister lost her job after just 49 days in office once she unveiled £45bn of unfunded tax cuts in herExplaining why her radical plans to reduce taxes had to be dropped so suddenly in 2022, she said: “I knew, and I was directly threatened with this, that there could potentially be a meltdown in terms of the government not being able to fund its own debt.”Andrew Bailey“That doesn’t mean I think they were right to do that.
“I was the victim, frankly, of an attempt to sabotage my administration by people who didn’t agree with my policies.“That was the issue, and what I am saying – and why I am speaking out now – is unless we fix that accountability problem we have in Britain, is we are not going to be able to get proper conservative policies, like lower taxes, supply-side reform, and cutting the size of government.
“Because we have institutions that do not believe in those policies and are prepared to sabotage a government that tries to implement them.” Truss then said, “I am not responsible for people’s mortgages going up,” – and blamed the Bank of England instead, as the independent institution is responsible for the country’s monetary policies.Reeves said: “Millions of people are still paying higher mortgage rates after the Conservatives’ mini-Budget less than two years ago that sent interest rates and mortgage rates soaring.
Liz Truss Rachel Reeves Mini Budget
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