Liz Truss doesn’t count on life within the UK to get any brighter judging from her current predictions on social media.
The previous prime minister – who made historical past when she was kicked out of workplace after simply 49 days after her £45bn of unfunded tax cuts despatched the markets into turmoil – claimed on X this week that “2025 will likely be perilous for the British financial system”.
She additionally mentioned: “Britain’s financial system coverage is a failure. This implies Labour will increase taxes once more, resulting in extra failure.”
The brand new authorities’s autumn Funds hiked up taxes to plug what Labour known as the £22bn black gap the Tories supposedly left within the public funds.
She added: “It received’t be mounted and not using a full overhaul of our financial system techniques, together with making the Financial institution of England and the Treasury accountable.”
Truss has lengthy blamed the Financial institution and civil servants for her tumultuous exit from Downing Avenue, despite the fact that the Financial institution really helped to regular the financial system after her mini-Funds.
“If my pro-growth insurance policies hadn’t been sabotaged, Britain wouldn’t be on this mess,” Truss claimed in one other publish on X.
The ex-MP, who misplaced her seat in July’s common election, additionally plugged the brand new Wall Avenue Journal documentary on her dramatic exit from No.10, known as The Prime Minister v the Blob.
The opinion documentary presents a extra sympathetic evaluation of why Truss’s “Thatcherite plan to develop the financial system” ended so shortly – and badly – together with unique interviews with the ex-PM.
Truss has been proudly selling the piece because it got here out earlier this month, however not everybody has been so delighted with it – broadcaster Andrew Neil described it as a “load of previous bollocks”.
The ex-PM subsequently quoted a completely different Wall Avenue Journal opinion piece to him in a publish on X, which learn: “He and others may as an alternative pursue a few of the severe questions this episode raised concerning the position of the Financial institution of England in politics, the position of bureaucrats in hemming in elected politicians, whether or not British financial coverage earlier than Ms Truss or since has delivered prosperity and why not, and so forth.”
She additionally shared one other quote, which claimed the British media’s “failure to know what really occurred throughout her premiership is rising as one of many largest elements holding again the UK.”
These slightly gloomy takes on the UK come after Truss attacked chancellor Rachel Reeves when the Workplace for Nationwide Statistics confirmed the financial system had flatlined between July and September.
Truss mentioned on the time: “Financial doom loop continues because of Rachel Reeves’ unfunded tax rises.”
