• Privacy policy
  • T&C’s
  • About Us
    • FAQ
    • Meet the Team
  • Contact us
  • Guest Content
TLE ONLINE SHOP!
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
No Result
View All Result
Home Politics

New Tory group hope to revive Liz Truss economic policies

Apparently causing market chaos and shredding Britain's reputation internationally is no bad thing.

Jack Peat by Jack Peat
2023-01-18 08:41
in Politics
FacebookTwitterLinkedinEmailWhatsapp

A new grouping within the Tory parliamentary party has been formed in the hope of reviving Liz Truss’s economic policies.

The former prime minister – who lasted just 45 days in office – was ousted after her ‘Spinal Tap approach’ to politics provoked widespread disarray in the markets.

Her chancellor, Kwasi Kwarteng, was swiftly replaced by Jeremy Hunt after his low-regulation, low-tax mini-budget caused utter turmoil.

The policies were promptly ripped to shreds in what will become known as a U-turn for the ages.

Liz Truss's budget ripped to shreds:

* Two-year energy price cap – GONE

* Income tax cut – GONE

* Scrapping 45p rate – GONE

* Freezing corporation tax – GONE

* Freezing alcohol duties – GONE

* VAT free shopping for int tourists – GONE

* Dividend & freelance reforms – GONE

— Steven Swinford (@Steven_Swinford) October 17, 2022

But unperturbed by the chaos, a new group of Tory MPs are looking to resurrect the corpse of Truss’ brief premiership.

According to Politico reports, dozens of Tory MPs gathered in Simon Clarke’s parliamentary office to christen the ‘Conservative Growth Group’.

Top members of the Truss Cabinet were spotted, including Clarke, Wendy Morton, Chloe Smith and Ranil Jayawardena, as well as the former PM herself.

The group is out to ensure Rishi Sunak doesn’t jettison the low-tax, deregulatory agenda Truss championed during her brief time in office.

A Sunak ally quipped they were “very happy to see colleagues get behind the PM’s promise of getting growth going.”

RelatedPosts

Peter Stefanovic puts vaccine rollout debate to bed once and for all

Boris Johnson calls for end of Brexit ‘gloom-mongering’ in cringeworthy video

Watch: Foreign secretary admits UK exit from EU has been ‘tricky’

Mike Galsworthy announces candidacy for European Movement UK Chair

Related: ‘Let daughters inherit peerages’, Tory MP says

Content Protection by DMCA.com
Tags: Liz Truss

Since you are here

Since you are here, we wanted to ask for your help.

Journalism in Britain is under threat. The government is becoming increasingly authoritarian and our media is run by a handful of billionaires, most of whom reside overseas and all of them have strong political allegiances and financial motivations.

Our mission is to hold the powerful to account. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. But we can't do it without you.

If you can afford to contribute a small donation to the site it will help us to continue our work in the best interests of the public. We only ask you to donate what you can afford, with an option to cancel your subscription at any point.

To donate or subscribe to The London Economic, click here.

The TLE shop is also now open, with all profits going to supporting our work.

The shop can be found here.

You can also SUBSCRIBE TO OUR NEWSLETTER .

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending on TLE

  • All
  • trending
Abdollah

‘Rescue us’: Afghan teacher begs UK to help him escape Taliban

CHOMSKY: “If Corbyn had been elected, Britain would be pursuing a much more sane course”

What If We Got Rid Of Prisons?

More from TLE

Six-in-10 nurses have been sexually harassed at work

Google ‘always pay the tax it is required to pay’ as they parted with £22 million less in UK tax

Elevenses: Is politics a line or a circle?

Museum of London looks to acquire Trump and Khan Baby Blimps as part of permanent collection

Police release this bizarre CCTV of South London pooing fiend the ‘Phantom Poo-er of Tolworth’

UK offers best quality accommodation, says students

Cauliflower Steak: Putting the debate on meat imitations to bed

Manchester United new signing driven by memory of father

Analysis: If you take 20 per cent of the Met’s funding away – something gives

Spencer Gunn: from Body Shop stock taker to Direct Conversion CEO and Leader of empowered X-ray Imaging

JOBS

FIND MORE JOBS

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Meet the Team
    • Privacy policy
  • Contact us

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.