UK Government support for fracking is a "smokescreen" to hide its failure to lower the cost of energy, an SNP minister has said.
02.10.2022 - 11:31 / dailyrecord.co.uk
Liz Truss has admitted she could have done a "better job" over her tax-slashing mini budget that plunged the UK economy into turmoil.
The Prime Minister told the BBC's Laura Kuenssberg that she could have "laid the ground" better about the plans contained in the Government's fiscal statement last Friday.
She also refused to u-turn on any of her plan which is expected to cost £72 billion in borrowing next year and gives people on over £150,000 in England, Wales and Northern Ireland a massive tax cut.
Truss said: "I'm afraid there is an issue that interest rates are going up around the world and we do have to face that. But I do want to say to people I understand their worries about what has happened this week.
"I do stand by the package we announced and I stand by the fact we announced it quickly, because we had to act. But I do accept we should have laid the ground better... I have learnt from that and I will make sure that in future we do a better job of laying the ground."
During the interview ahead of the Conservative Party conference in Birmingham Truss also didn't rule out cuts to public services, saying they will remain "excellent".
She said "What I'm going to do is make sure we get value for money for the taxpayer. But I'm very, very committed to making sure we've got excellent frontline public services.
"And I'm not going to go into what the Chancellor will announce in his medium-term fiscal plan. He's going to announce that very shortly, it will come together with an OBR forecast."
Pressed on whether her refusal to rule out cuts suggested that she will go down that path, she said: "No it doesn't, because I can't exactly set out what is going to be in this plan. What I can promise is we're going to reduce debt as a
UK Government support for fracking is a "smokescreen" to hide its failure to lower the cost of energy, an SNP minister has said.
Ian Blackford has accused Liz Truss of "ignoring the damage and the chaos" of her mini-budget that plunged the markets into turmoil due to her unfunded tax cuts.
A warning from Liz Truss has come back to haunt her after footage showing her saying a tax cuts bonanza would lead to "boom and bust" was unearthed.
M People’s Mike Pickering has hit at the use of his band’s track ‘Moving On Up’ as the walk-on music for Prime Minister Liz Truss’s keynote speech at the Conservative Party Conference in Birmingham yesterday. The band’s members are “upset” and “livid” that their hit soundtracked the key moment of this year’s big Tory conference, he said, adding that many artists now “fear that these freaks are going to use [their] music”.In a tweet shortly after Truss’s keynote speech, Pickering wrote: “So apparently we can’t stop Truss walking out to our song, very weird! So sad it got used by this shower of a government”.Referencing the fact that the Labour Party made use of the track back in the 1990s, his tweet went on: “[By the way] Truss, Labour used it with permission in [the] 90s.
The Conservatives face an electoral wipe out in Scotland for the second time in 25 years as polls show voters turning their backs on the party.
Nicola Sturgeon has accused Liz Truss of "ranting" about her opponents during the Prime Minister's speech to the Conservative party conference today.
M People‘s ‘Moving On Up’ at the Conservative Party conference in Birmingham today (October 5).The PM delivered a 35-minute speech at the International Convention Centre (ICC) this morning. As the BBC notes, it was the shortest in-person conference speech by a Tory Prime Minister this century.In it, Truss outlined her economic vision for the UK and said that she stood for “growth, growth, growth”. She also reiterated that the recent U-turn on plans to scrap the 45p tax rate for the highest earners was because it had become a “distraction”.Addressing those who are worried about the economy, the PM said she is “working flat out” to make sure they get through the current crisis.
Donald Trump, David Cameron, Brexit and even Die Hard‘s status as a Christmas film.The new spoof sees the pair taking aim at Truss’ highly divisive recent economic policies, splicing together quotes from her recent speeches and interviews.“The damage is done, and I’ve just begun,” Truss says during the spoof. “65 billion to get back to square one / A worst first budget is inconceivable.”Later in the track she says: “They say our policies increase inequalities / No shit Sherlock.”Watch the full ‘Nu Tax Plan’ video below.New! Cassetteboy vs Liz Truss – Nu Tax PlanYou can support us at https://t.co/o7kwE1h2gy , we appreciate it now more than ever.
Prime Minister Liz Truss has defended her Government’s disastrous mini budget that nearly tanked the UK economy.
Conservative backbenchers have warned Liz Truss 'has little more than a week' to save her leadership as she prepares to defend to her 'new approach'.
Liz Truss is facing growing anger from her own MPs as the Conservative conference in Birmingham descends into in-fighting.
Liz Truss is under mounting pressure to keep a UK Government pledge to raise benefits in line with inflation.
Nicola Sturgeon has accused the Conservatives of "utter ineptitude" after the UK Government announced it would no longer cut the top rate of income tax for millionaires.
As the Prime Minister Liz Truss was grilled by Laura Kuenssberg, viewers questioned whether she REALLY understands that 'people are worried'. The PM was quizzed by the BBC presenter on Sunday morning (October 2).
Prime Minister Liz Truss admitted that it will be a “difficult winter” for the UK hours before the new energy price cap came into force from today (Saturday, October 1). But she defended the mini-budget revealed earlier this week despite the “disruption” the plans caused.