Remember Liz Truss? The former prime minister who couldn’t outlast a lettuce? Well she's back to give us her two cents on what went wrong...🥬
after her £45 billion package of unfunded tax cuts panicked the markets and tanked the pound.
‘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. She complained her chancellor Kwasi Kwarteng’s catastrophic mini-budget had been made a ‘scapegoat’, and that while, with the benefit of hindsight, she would have acted differently, she had to battle ‘instinctive views of the Treasury’ and ‘wider orthodox economic ecosystem’.
‘Even though the measure was economically sound, I underestimated the political backlash I would face, which focused almost entirely on the “optics”,’ she said.
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