Truss blames “powerful economic establishment” for failure

Liz Truss

The former British Prime Minister has spoken out publicly for the first time since her untimely end as Prime Minister.

(Photo: AP)

London Former British Prime Minister Liz Truss has spoken out for the first time since her fall in October. In an essay in the Sunday Telegraph, she blamed “a very powerful business establishment and a lack of political support” for her failure.

Almost all of her plans for radical tax cuts, which she intended to boost economic growth but wreaked havoc on the markets, have now been largely reversed. But she still thinks the plans are correct.

>> Read here: Liz Truss – chronicle of a decline in power

In the article, Truss explained that she still believes her low-tax, small-state agenda is the right thing to do, but the forces against it are too great. She claimed large sections of the media and public were left-leaning. She criticized US President Joe Biden, who had called her plan a mistake.

Truss, who has become Britain’s shortest-serving prime minister in history, spoke favorably of her predecessor, Boris Johnson. This is now said to have ambitions to return to the top of the government.

She did not mention her successor Rishi Sunak by name, but let it be known that she was critical of his tax policy, which was aimed at consolidating the budget.

More: Treasury Secretary Hunt wants to make the island “Silicon Valley”.

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