Liz Truss may have been a Remainer but she has learned the political lesson of the EU referendum in the way that her genuine Brexiter opponent has seemingly failed to do.
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David Butterfield
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The point is that in today’s milieu, and especially with an electorate of 160,000 largely Brexit-supporting Tory members, power is with the insurgent. In pinning her colours to at least £30 billion of immediate tax cuts, against Sunak’s steady-as-we-go no-tax-cuts-till-prudent mantra, she has defined herself as the crusader against alleged stultifying Treasury orthodoxy. Every time a credible economist accuses her of risking financial ruin – by pushing up national debt and inflation – all she has to do is whisper ‘there they go again, the spineless establishment, refusing to take the risks that will restart Britain’s economic motor’.
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