Liz Truss has issued a robust defence on her Government’s economic plan in an attempt to silence her critics. Following the fallout from her Chancellor, Kwasi Kwarteng’s tax cuts last week, commentators have repeatedly asked: “Where is the Prime Minister?”
Ms Truss has now emerged, insisted her economic plan “will deliver”.
In a multi-faceted defence, the Tory leader said new tax cuts will boost investment, create jobs and produce fresh opportunities “for all”.
She wrote in a post on Twitter: “We are facing difficult economic times globally.
“We must put this country on a trajectory for long-term growth whilst maintaining fiscal discipline.
“Cutting taxes will boost investment, creating jobs and opportunities for all.
“That is what our Growth Plan will deliver.”
The Prime Minister added: “This government is taking action now to guarantee our long-term energy security and support people with their energy bills through this winter and the next.”
Her Government’s tax cut announcements triggered “nearly a week of chaos in financial markets”, according to Reuters.
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Mr Truss’s insistence her plan “will deliver” was met with a range of – mostly negative – responses.
Commentator Jonathan Lis said: “Call me mean-spirited but I’m just not sure you can boast about investment, growth and jobs when you’ve just crashed the pound, deepened a recession, doubled people’s mortgage repayments and triggered emergency intervention by the Bank of England to rescue pension funds.”
Former UKIP MEP Godfrey Bloom added: “You must cut government spending or you will fail… For God’s sake listen.”
There were claims the Prime Minister could be out of a job by Christmas, given the shaky start to her tenure.