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Gove says the government should abandon a plan to end the top 45% tax rate
Walk questions from the audience. One man says Gove told the party to meet after the leadership contest. Is he actually following his own advice?
Yes, says Gove.
He says he has two concerns about the mini-budget: the unfunded tax cuts and the removal of the 45 percent top tax rate. It would be “wise” to think about this policy, he says.
Q: You mean they should be dropped?
Walk says removing the 45% is wrong. The government should drop the idea, he says.
This was hinted at by what he said on BBC Sunday with Laura Kuenssberg, but he’s clearer here.
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nThe crowd pursued him, jeering and booing, with some shouting “Tory scum”.
nDemonstrators furious at Liz Truss’s economic plan are carrying signs reading “unelected, unaccountable, unhinged” and “wages up, bills down, Tories out”.
n
Gove is now taking questions from the audience. A man says Gove said the party should come together after the leadership contest. Is is actually following his own advice?
","elementId":"4550bce5-9b2c-4cd8-817a-5798ad46ac98"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Yes, says Gove.
","elementId":"10509a3f-394c-455a-a3b5-4ecbb13745f9"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"He says he has two concerns about the mini-budget: the tax cuts being unfunded, and the abolition of the 45% top rate of tax. It would be “wise to reflect” on those policies, he says.
","elementId":"1cdfd47f-d1e7-47ca-b4c6-c550347618e4"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: You mean they should be dropped?
","elementId":"87651477-6c21-408a-bcf2-8623ac6d27c6"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Gove says the abolition of the 45% is wrong. The government should drop the idea, he says.
","elementId":"fac52225-0867-4574-8254-1bc001874250"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"This was implied by what he said on the BBC’S Sunday with Laura Kuenssberg, but he is being more explicit here.
","elementId":"72490d73-7c1e-400e-9291-defda56dc8e0"}],"attributes":{"pinned":true,"keyEvent":true,"summary":false},"blockCreatedOn":1664713261000,"blockCreatedOnDisplay":"13.21 BST","blockLastUpdated":1664713481000,"blockLastUpdatedDisplay":"13.24 BST","blockFirstPublished":1664713482000,"blockFirstPublishedDisplay":"13.24 BST","blockFirstPublishedDisplayNoTimezone":"13.24","title":"Gove says government should abandon plan to scrap 45% top rate of tax","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"63397cf78f0883d28b5864a4","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Michael Gove, now seen by some as the leader of the Tory opposition to Liz Truss, is speaking at the Telegraph’s Chopper’s Politics Live fringe meeting. “Chopper” is Christopher Hope.
","elementId":"16728aab-d7fe-4adc-a04d-2ecf5ad98ddd"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Gove talks about being “released of the obligations of public service by the prime minister” (ie, sacked by Boris Johnson). Asked why he is doing so many fringe meetings this year, he says he was invited before he left the cabinet.
","elementId":"193d1ff2-2b78-4d39-9b1e-c5e15e704318"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: Are you alarmed by the rightwing lurch of your party?
","elementId":"c366c5a5-ecbf-44e2-8ebd-9ad2ef599b45"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Gove says words like that do not descibe what is going on.
","elementId":"9be5dc55-265c-4d2a-bdaf-51a61ed28250"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The majority that Johnson won in 2019 was “one nation majority”, he says. The party won the support of people who were not wealthy. They wanted to see a compassionate, one nation government.
","elementId":"be7f3352-8904-4d49-9b06-7d0049b96634"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: So Liz Truss does not have a mandate?
","elementId":"e86dc5ed-9abf-4412-899e-fdab2cb7e899"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Gove says any PM has to respond to new circumstances. It was right to respond to the fuel crisis, and look at what can be done to promote growth.
","elementId":"c36dd3e5-4df9-4903-88b8-9edf3270c450"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"But the governmnent must also look after the most vulnerable.
","elementId":"2853a9a4-0236-4c21-be36-47cbc6edf428"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"It will be “very, very, very difficult” to argue for welfare cuts when taxes are being cut for the rich.
","elementId":"72e6dda2-c584-4585-a1b2-ace6a831d7df"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"81d60730-ddd1-492a-a6cb-98bb4112bfa5"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664711927000,"blockCreatedOnDisplay":"12.58 BST","blockLastUpdated":1664714541000,"blockLastUpdatedDisplay":"13.42 BST","blockFirstPublished":1664712387000,"blockFirstPublishedDisplay":"13.06 BST","blockFirstPublishedDisplayNoTimezone":"13.06","title":"Michael Gove says people voted for one nation government in 2019","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"63397b778f0883d28b586494","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"It’s going to be very, very, very difficult to argue it’s right to reduce welfare when we’re also reducing tax for the wealthiest.
n
In his interview with Sophy Ridge this morning on Sky, Jake Berry, the Conservative party chair, also said that, if people were having difficulty paying their fuel bills, they could either cut their consumption or get a better job. He was making a point about the need for the government to economise, and he said that was how households worked too. He said:
","elementId":"46a33734-8be9-45ac-b1a9-bc18bba37d8b"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"216261ff-d2fb-4745-87a0-1ec11cdbd42f"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664711543000,"blockCreatedOnDisplay":"12.52 BST","blockLastUpdated":1664714016000,"blockLastUpdatedDisplay":"13.33 BST","blockFirstPublished":1664711925000,"blockFirstPublishedDisplay":"12.58 BST","blockFirstPublishedDisplayNoTimezone":"12.58","title":"Tory chair Jake Berry says people facing higher fuel bills can cut consumption or get better job","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"6339771b8f0883d28b586478","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"People know that when their bills arrive, they can either cut their consumption or they can get a higher salary, higher wages, go out there and get that new job.
n
And, talking of Jacob Rees-Mogg, Steven Swinford from the Times has spotted this; according to an update on the government’s website, Rees-Mogg’s former business partner, Dominic Johnson, has been made an international trade minister. He is not an MP so, to allow him to do the job, he has been given a peerage too.
","elementId":"e5852304-dbcb-4ddc-b862-c7a9d61b218f"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/Steven_Swinford/status/1576534559985909760","id":"1576534559985909760","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"ae82418d-5b52-45d8-8b8f-830832f16e64"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664710427000,"blockCreatedOnDisplay":"12.33 BST","blockLastUpdated":1664710712000,"blockLastUpdatedDisplay":"12.38 BST","blockFirstPublished":1664710713000,"blockFirstPublishedDisplay":"12.38 BST","blockFirstPublishedDisplayNoTimezone":"12.38","title":"Rees-Mogg's former business partner given peerage and made international trade minister","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"633974988f08ec87f11066ea","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"BREAKING:
— Steven Swinford (@Steven_Swinford) October 2, 2022
Liz Truss has appointed Dominic Johnson, Tory donor & co-founder of Somerset Capital with Rees-Mogg, as trade minister
Announcement quietly dropped on https://t.co/Ykkwe7cwEd
He's being handed a peerage to boot
Confirms @fletcherr scoophttps://t.co/MWArxD06gF pic.twitter.com/dEQaVpVaGc
The Conservative party has released more details of the plan announced by Liz Truss in her Sunday Telegraph interview (see 8.29am) to extend the definition of a small firm.
","elementId":"89e891d8-7764-4629-89e4-2cc5425cef02"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"It says that when the government develops policy, it works on the basis that SMEs (small and medium-sized enterprises), defined as firms with fewer than 250 employees, are exempt from some regulations. From tomorrow it will treat firms with fewer than 500 employees in this category, it says.
","elementId":"2047bd59-ec76-4542-ae7b-571da143934f"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"In a press release explaining the move, the party said:
","elementId":"6f8f3310-233b-446b-a663-c369f3cd9316"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"8b6f9b6a-75f3-4a78-a378-6baced4b5fb1"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The exemption will be applied in a proportionate way to ensure workers’ rights and other standards will be protected, while at the same time reducing the burden for growing businesses.
nRegulatory exemptions are often granted for SMEs, which the EU defines at below 250 employees. However, we are free to take our own approach and exempt more businesses to those with under 500 employees. We will also be able to apply this to retained EU law currently under review, which we would not have been able to do without our exit from the EU.
nThe changed threshold will apply from tomorrow to all new regulations under development as well as those under current and future review, including retained EU laws. The government will also look at plans to consult in the future on potentially extending the threshold to businesses with 1,000 employees, once the impact on the current extension is known.
nThis is the first step in a package of reforms to ensure UK business regulation works for the UK economy. The reforms will harness the freedoms the UK has since leaving the EU to remove bureaucratic and burdensome regulations on businesses, while streamlining and making it easier for them to comply with existing rules, ultimately saving them valuable time and money.
n
The Tories says 40,000 companies will benefit from the move.
","elementId":"5ea259d2-5456-4757-a84e-4935040c36be"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Jacob Rees-Mogg, the business secretary, said in a statement:
","elementId":"f4f366d1-3aaf-436c-b3e7-12268e8e35f8"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"8e274069-e959-4c9e-86e0-40047753a3f8"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664709784000,"blockCreatedOnDisplay":"12.23 BST","blockLastUpdated":1664710350000,"blockLastUpdatedDisplay":"12.32 BST","blockFirstPublished":1664710350000,"blockFirstPublishedDisplay":"12.32 BST","blockFirstPublishedDisplayNoTimezone":"12.32","title":"Rees-Mogg claims extending definition of SMEs will allow thousands of firms to avoid 'pointless paperwork'","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"633957058f086bb4a78ecc9a","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Our enterprising medium-sized businesses are being buried in pointless paperwork, preventing them from reaching their world-leading potential.
nThat is why we are cutting red tape, starting with preventing unnecessary future regulations for these companies. We are harnessing the freedoms the UK has since leaving the EU, removing bureaucratic and burdensome regulations on businesses, and taking steps to create a dynamic, growth-led economy.
n
And here are the main points from Sophy Ridge’s interview on Sky with Jake Berry, the Conservative party chairman.
","elementId":"76a600b5-666f-47d1-ad92-353e73505b54"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"- n
Berry said that he thought Conservative MPs who vote against the mini-budget should lose the whip. He said it was a decision for the chief whip, but as far as he was concerned they should lose the whip, he said.
n
- n
He defended the party’s decision to hold a champagne reception for supporters, included hedge fund managers, on the day of the mini-budget. (See 8.38am.)
n
- n
He defended the government’s decision not to rule out spending cuts. He said:
n
n","elementId":"7ef06138-8f68-4c47-9d30-799d6fe41ded"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"I don’t think it’s unreasonable to say that the public sector should look at its expenses in the same way that every single household is doing in this country.
nWhat we’ve heard from the government is there’s going to be a drive to trim fat in terms of government expenditure.
n
- n
He claimed it was “nonsense” to claim that the government’s tax cuts are helping the richest most. He said:
n
n","elementId":"2403ab3d-274b-4b32-902a-0636dc4555e3"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Every single working person in this country is going to see a cut in their national insurance this month and we also know that the lower paid in this country, as a percentage of their income, pay more in national insurance than higher earners. So in fact as a percentage of income it is giving a bigger tax cut to those lower earners than it is to the top earners.
n
When shown a graph from the Resolution Foundation suggesting higher earners benefited most from the government’s plans, Berry said he could not see the image.
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He played down the significance of recent polls showing Labour’s lead soaring, pointing out that the Conservatives won two recent council byelections in his constituency. He said:
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BST","blockLastUpdated":1664708643000,"blockLastUpdatedDisplay":"12.04 BST","blockFirstPublished":1664708643000,"blockFirstPublishedDisplay":"12.04 BST","blockFirstPublishedDisplayNoTimezone":"12.04","title":"Tory chair Jake Berry claims down significance of polls showing Labour lead soaring","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"6339585a8f08ec87f1106624","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The difference between that poll and those by-elections last week is it’s a forced decision where people have to make a choice.
nAnd I know and believe that when we get to that general election and when we have delivered that growing economy, when we have ensured that the benefit is felt by every household in this country, that it will be a very different result than shown in that snap poll a few days after the government has done a mini-fiscal event.
n
Here are the main points from the Liz Truss interview with Laura Kuenssberg.
","elementId":"b8899cff-c09b-43de-b73d-fcd9863fb9fd"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"- n
Truss defended the government’s controversial mini-budget in its entirety, accepting that the presentation could have been improved, but giving no indication that she wants to change the substance of it. Asked if she was committed to getting rid of the 45% top rate of tax (the most controversial element), she said she was.
n
- n
She refused to deny that she might cut public spending. It is clear that, without reversing the tax cuts, the government will only be able to get borrowing under control by cutting spending and at least four times she refused to deny that she might cut public spending. She also refused to commit to increasing departmental budgets (which were set when inflation was lower) in line with the current rate of inflation. When it was put to her that Simon Clarke, the levelling up secretary, hinted strongly that the government will cut the size of the state in a Times interview on Saturday (“I do think it’s very hard to cut taxes if you don’t have the commensurate profile of spending and the supply side reform … There is always something you can do to trim the fat,” Clarke said), Truss did not dispute what he said. She wanted “value for money for the taxpayer”, she said.
n
- n
She refused to commit to increasing benefits next year in line with the level of inflation in September, as Boris Johnson’s government promised. But she said pensions would increase in line with inflation, because she was keeping the triple lock.
n
- n
She accepted the government had not done enough to prepare opinion for what the mini-budget was going to contain. She said:
n
n","elementId":"790644ed-a8e5-4065-bd75-156d616835a2"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"I do stand by the package we announced and I stand by the fact we announced it quickly, because we had to act.
nBut 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.
n
- n
She said the decision to abolish the 45% top rate of income tax was taken by the chancellor, Kwasi Kwarteng. (See 9.53am.)
n
- n
She ruled out publishing the next economic forecast from the Office for Budget Responsibility before 23 November. Asked why it was not published alongside the mini-budget, she said:
n
n","elementId":"11992a20-ecba-425a-aa5f-8a9ee951dd67"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"It does take a while to produce those forecasts ... We simply didn’t have time to go through that process because it was a very urgent situation.
n
In fact, the OBR said a slimmed-down version of the forecast could have been published then. Asked if she will publish a forecast before 23 November, when the medium-term fiscal plan is being published, Truss replied: “Well, no, for the following reason, Laura, that it’s not yet ready.”
","elementId":"daa77c5f-5983-49db-b91e-fc435726ffe1"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"- n
She claimed she did have a mandate for her policies because in 2019 people voted for a different future. Asked if she had a mandate for her plans, she replied:
n
n","elementId":"aae1aa40-74d2-4d78-a817-80b75cb0d427"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"What people voted for in 2019, when they voted Conservative, sometimes for the first time in many years, they voted for a different future. They voted for investment into their towns and cities, they voted for higher wages, they voted for economic growth. And that is what our plan will deliver. I’m confident it will deliver.
n
- n
She implied that global issues, and not the specific measures in her mini-budget, were partly behind the financial turmoil on the markets over the past week. When it was put to her that this was not just a global issue, and that it was announcing unfunded tax cuts that triggered a fall in the pound and a rise in government borrowing costs, she said interest rates were going up around the world. But she also said that she also had to take action to stimulate growth quickly, and that the presentation could have been better.
n
Keir Starmer has used an article in the Sunday Telegraph to encourage Conservative MPs to work with Labour to overturn aspects of the mini-budget. He says:
","elementId":"7d8a49b6-363d-47bf-9f09-e54a3240bd4c"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"6bac2b03-8d5a-4cb9-8a13-676fd6d70ac9"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664702696000,"blockCreatedOnDisplay":"10.24 BST","blockLastUpdated":1664703230000,"blockLastUpdatedDisplay":"10.33 BST","blockFirstPublished":1664703230000,"blockFirstPublishedDisplay":"10.33 BST","blockFirstPublishedDisplayNoTimezone":"10.33","title":"Starmer urges Tory MPs to work with Labour to restore 'some semblance of economic sanity'","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"633956d18f086bb4a78ecc99","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"For the vast majority of those who still live in the reality-based community – tethered to gravity and maths - it is clear what has happened. The markets do not believe in the fantasy economics of untrammelled borrowing and unfunded tax cuts any more than the average person on the street does.
nThey do not believe in the myth of trickle-down economics, where making the richest richer magically benefits everyone else.
nEroding our tax base just as there are pressures for spending is not just bad economics or childlike delusion – it is a real and present danger to economic health. It is the gambler chasing good money with bad, the smoker puffing away outside the hospital doors. It is unsustainable …
nIf the prime minister continues to bury her head in the sand, it will fall on others to act.
nNeither the country nor parliament has had any say on these measures. That is unacceptable. The economy is not a laboratory experiment for the maddest scientists of the Conservative party.
nMortgages, pensions and family finances are not casino chips for a government intoxicated by dogma. There are many decent Conservative MPs who know this. My message to them is that Labour will work with anyone to ensure some semblance of economic sanity is restored.
n
Mel Stride, the Conservative chair of the Commons Treasury committee, told Sky News that if the governmement publishes the new forecast from the Office for Budget Responsibility before 3 November, when the Bank of England’s monetary policy committee (MPC) is due to make its next interest rate decision, that might lead to the interest rate rise being lower than it otherwise would be. He said:
","elementId":"2a605f15-daef-4d43-be15-c2dae914f591"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"32cd91b0-c55f-43de-ba4f-343e7e8a910c"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"If [the MPC] has a satisfactory OBR report before that meeting on November 3, I would imagine and expect that the interest rate rise will probably not be as high as it otherwise would be.
nThat OBR report, the fiscal targets, would have reassured the markets, there would be less concern about the inflationary impacts of the government’s policy and therefore the MPC would be putting interest rates up by potentially a little bit less.
n
At the moment the government is not due to publish the new OBR forecast until the medium-term fiscal plan comes out, on 23 November.
","elementId":"3cf19c97-a833-4cf8-a35a-ca72541a2fef"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664702161000,"blockCreatedOnDisplay":"10.16 BST","blockLastUpdated":1664702529000,"blockLastUpdatedDisplay":"10.22 BST","blockFirstPublished":1664702529000,"blockFirstPublishedDisplay":"10.22 BST","blockFirstPublishedDisplayNoTimezone":"10.22","title":"Treasury committee chair Mel Stride says delaying OBR forecast could mean higher interest rates","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"6339519e8f08ec87f1106600","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"And this is what political journalists and commentators are saying about the Liz Truss interview on Twitter.
","elementId":"ec7ab9d6-f5a0-4a0d-9a6f-8530ddcea240"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"From my colleague Gaby Hinsliff
","elementId":"fbbf3cc8-557f-4d61-94c9-2ba05d97e3a1"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/gabyhinsliff/status/1576487772403433472","id":"1576487772403433472","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"33896de7-aef1-47aa-9795-8d8bc5b363ae"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Lots in that @bbclaurak interview but what stuck with me is Truss confirming she really doesn’t care about optics/how things look This is basically a politics that doesn’t care about public opinion which is to say the least..bold
— gabyhinsliff (@gabyhinsliff) October 2, 2022
From Lucy Fisher from Times Radio
","elementId":"59045ee5-2e8b-4cda-8fc7-64ac62276f3c"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/LOS_Fisher/status/1576488258149941248","id":"1576488258149941248","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"6113a034-7577-46fd-b389-792bc461e7ee"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Surely Truss can’t hold the line this week on refusing to talk about spending cuts to public services, since that’s THE key factor likely to calm markets and clearly what govt is planning (as Simon Clarke tee-ed up in Times interview yday)… https://t.co/9o5PYKXTNz
— Lucy Fisher (@LOS_Fisher) October 2, 2022
From ITV’s Paul Brand
","elementId":"40816fd9-322f-4d69-a591-28d85b2ced3e"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/PaulBrandITV/status/1576487131953844224","id":"1576487131953844224","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"2c64ca00-bfba-4f12-96dd-0809414b1c55"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Think despite the difficulties that was at least a better interview performance by Truss than Friday’s local media. PM doubling down and focusing on trying to communicate her plans better. Question is whether narrative has already set in and too difficult to reverse. #BBCLauraK
— Paul Brand (@PaulBrandITV) October 2, 2022
From the Sunday Times’ Tim Shipman
","elementId":"ab99b517-f48e-45ff-8c68-f162c721c32a"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/ShippersUnbound/status/1576486547993821184","id":"1576486547993821184","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"0bdca217-2f89-42f1-950b-fba559fd3ace"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Too much focus on the optics in politics says Liz Truss. Weird from her, who only got the job of PM because she was good at the optics and is only in this mess because she catastrophically failed to over the last week
— Tim Shipman (@ShippersUnbound) October 2, 2022
From the Sun’s Harry Cole
","elementId":"7f9aae7a-6ffe-45e4-9a67-a06386873c20"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/MrHarryCole/status/1576486590708273152","id":"1576486590708273152","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"df0c1a94-8fc0-48ee-95f9-314515ca44a4"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Not unusual for a budget to be presented fait accompli to Cabinet at all.. but not sure the idea that Truss was not entirely linked to Sept 23 is not going to wash.
— Harry Cole (@MrHarryCole) October 2, 2022
From the i’s Paul Waugh
","elementId":"6a00a5ea-2423-46a6-b578-5bde91b348e5"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/paulwaugh/status/1576482094875783170","id":"1576482094875783170","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"b45f0c81-b5bd-4d9d-ab87-ff6da27e0440"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"Truss repeats the lie that 'we have had two decades of low growth'.
— Paul Waugh (@paulwaugh) October 2, 2022
Growth in 2002 was strong.
In fact growth under Labour was strong until the global financial crisis in 2008.
Amazed she's allowed to repeat that in so many interview.
n","url":"https://twitter.com/paulwaugh/status/1576483318379425792","id":"1576483318379425792","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"7dc3a9e8-85b3-428e-806e-ec31a0390d14"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Another misleading statement? Asked by @bbclaurak whether she will publish the OBR assessment handed to Govt on Oct 7 - well before Nov 23 as planned by govt. “There’s no point in publishing something that’s not ready.”
— Paul Waugh (@paulwaugh) October 2, 2022
Surely the OBR assessment will be 'ready' NEXT FRIDAY?
From the Spectator’s James Forsyth
","elementId":"b48ebebc-8851-46da-9804-f101538db898"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/JGForsyth/status/1576481766486982658","id":"1576481766486982658","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"2f722ba5-4957-4770-97f3-d42ddaa44485"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The refusal to rule out public spending cuts is the story out of this Truss interview
— James Forsyth (@JGForsyth) October 2, 2022
From Jon Sopel from the News Agents podcast
","elementId":"6c5431b5-7bd9-433c-b7c3-ed1ba53429cc"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/jonsopel/status/1576488965183483905","id":"1576488965183483905","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"716f75d6-e1c8-4e41-a2ab-3e789ab241c2"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"I think if you’re @trussliz you’re going to be pretty pleased with the way that interview went
— Jon Sopel (@jonsopel) October 2, 2022
From the broadcasting executive Rob Burley
","elementId":"656cc47b-ca98-4b25-9a7a-824e322e5a9a"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/RobBurl/status/1576494995472646144","id":"1576494995472646144","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"2c6c13f7-2885-4817-9ca3-64fd78c13dfb"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Don't agree. Think she's no better off and possibly a little worse off after it. Think Michael Gove - in an intelligent booking on the panel that suggests lessons learned - was also dynamite. In a Liz-Truss-please-hold-this-stick-of-dynamite sort of way - positive for @bbclaurak https://t.co/MAz2l7JZE6
— Rob Burley (@RobBurl) October 2, 2022
From Andrew Marr of the New Statesman and LBC
","elementId":"3eeecb71-5acf-4ead-bd63-7e47f12d5b1e"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/AndrewMarr9/status/1576484409754406915","id":"1576484409754406915","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"5a78d7d5-9f76-4b81-9e75-032280b0598f"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Ok. Rather amazingly I think the story is now Gove not Truss
— Andrew Marr (@AndrewMarr9) October 2, 2022
From GB News’ Tom Harwood
","elementId":"80f87b25-d61b-4ed0-921e-a21dfa904e45"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/tomhfh/status/1576495648056057857","id":"1576495648056057857","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"ca02706c-34ec-4618-9c3d-d3a12196773a"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Objectively that Truss Laura K interview was assured.
— Tom Harwood (@tomhfh) October 2, 2022
Strongest points on how interest rates in the States are rising by more than they are here, and how UK borrowing is lower than France, the US, Canada, and Japan.
Think she could have been more explicit on market reaction.
From my colleague Zoe Williams
","elementId":"07b59af6-2abf-45c2-bca9-e8a2976b60ca"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/zoesqwilliams/status/1576489297150181376","id":"1576489297150181376","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"e1fa5522-1bd3-4b45-9736-d2956312bc1f"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"Weird moment towards the end of the Truss interview where she looks down, searching something, & I think what she was looking for was a clock. How many more minutes of this?
— Zoe Williams (@zoesqwilliams) October 2, 2022
That's why she's toast, I think. She thinks when she's not actually under the grill, problem solved
n","url":"https://twitter.com/zoesqwilliams/status/1576489298332979200","id":"1576489298332979200","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"8f90575e-af5e-4ccb-bfce-e0d08ce46d3c"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"She doesn't realise the conversation carries on whether she's in it or not. She doesn't realise 'optics' means, 'what other people think and feel, based on their experiences and analysis'. And doesn't realise that matters.
— Zoe Williams (@zoesqwilliams) October 2, 2022
From Huffpost UK’s Kevin Schofield
","elementId":"b6b1596e-d22e-4a49-ab03-63f4b2bc72ae"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/KevinASchofield/status/1576483166667169792","id":"1576483166667169792","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"ed2c5009-b0bd-4e98-b188-6b60efccc095"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Truss in summary: Can guarantee a massive tax cut for the richest in the country, but won't guarantee that she'll stick to Boris Johnson's promise to raise benefits by inflation.
— Kevin Schofield (@KevinASchofield) October 2, 2022
From the Observer’s Sonia Sodha
","elementId":"ffd1bb1c-56af-4992-b0f1-5410fc7fd6db"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/soniasodha/status/1576477609369604096","id":"1576477609369604096","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"2b994aab-f647-43da-91ef-12c61d997872"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"“I accept I should have laid the ground better” - Truss. What does that even mean?!
— Sonia Sodha (@soniasodha) October 2, 2022
From the journalist Ian Birrell
","elementId":"2ac16d53-6760-4268-a7c3-7d05aca34867"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/ianbirrell/status/1576486696698679297","id":"1576486696698679297","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"f2d489aa-e08e-459b-9244-b34ff62b9ed7"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664700830000,"blockCreatedOnDisplay":"09.53 BST","blockLastUpdated":1664701859000,"blockLastUpdatedDisplay":"10.10 BST","blockFirstPublished":1664701859000,"blockFirstPublishedDisplay":"10.10 BST","blockFirstPublishedDisplayNoTimezone":"10.10","title":"Truss's interview - verdict from Twitter commentariat","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"63394f568f08ec87f11065f2","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Three things we have learned from #BBCLauraK
— Ian Birrell (@ianbirrell) October 2, 2022
1) Liz Truss is pinning the 45p tax cut firmly on Kwasi Kwarteng
2) Spending cuts are coming but the Tories have no idea where they will fall
3) Michael Gove is leading Tory opposition to the government
Liz Truss told the Sunday Telegraph that Kwasi Kwarteng was doing an “excellent job” as chancellor.
","elementId":"eb1a8cec-b351-4e27-b6b0-fc3138b1cf5a"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"But in her interview with Laura Kuenssberg, when asked about the decision to cut the top rate of income tax, Truss described it has Kwarteng’s decision, not hers. Asked if the whole cabinet had discuss this, she replied:
","elementId":"c8f9ed56-d044-4382-9098-42505e5e8942"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"7ab485a6-b985-44ba-9ec4-6ef276d83600"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"No, no we didn’t. It was a decision the chancellor made.
n
This is being interpreted as a hint that Kwarteng is being lined up to take the blame. It would be hard for Truss to sack Kwarteng over the 45% top rate decision when she appointed him and approved it herself, but she would not be the first prime minister to sack a chancellor for implementing a policy favoured by No 10. Ask Norman Lamont.
","elementId":"04bc1476-e1d4-442c-b736-7b9df15dba3e"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"In what may or may not be relevant, Tim Shipman reports in the Sunday Times today that it was Chris Philp, the chief secretary to the Treasury and Kwarteng’s deputy, who “during the leadership election wrote a paper for Truss recommending the abolition of the 45p tax rate”.
","elementId":"18c9d4ae-e2e3-4d3b-8437-a135e5ede212"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664700246000,"blockCreatedOnDisplay":"09.44 BST","blockLastUpdated":1664701061000,"blockLastUpdatedDisplay":"09.57 BST","blockFirstPublished":1664700782000,"blockFirstPublishedDisplay":"09.53 BST","blockFirstPublishedDisplayNoTimezone":"09.53","title":"Truss stresses that decision to abolish 45% top rate of income tax taken by Kwasi Kwarteng","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"633948d28f0883d28b586325","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"When politicians make mistakes, their natural inclination is to refuse to admit it, but the smart PR advice is almost always to offer some sort of apology, or admission of error. This is useful mainly because it is what voters want to hear. But it can also draw a line under the controversy, it stops the media banging on about “When are you going to admit that you made a mistake?” and it allows you to move on.
","elementId":"4ea51c61-df70-4886-bad6-00caa57fc842"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Liz Truss arrived for her interview this morning with a play of this kind up her sleeve. It was not an apology, but it was an admission of error. Talking about the disastrous impact the mini-budget had on the financial markets, she said:
","elementId":"7a7d380e-d172-48d1-ad81-8ca2675b0130"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"a191cb3b-7075-43bc-9698-e7823ebd07d1"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"I do stand by the package we announced and I stand by the fact we announced it quickly, because we had to act.
nBut 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.
n
This went further than what she has said before about the mini-budget. But it was about the feeblest form of “admission of error” conceivable, for three reasons. First, she was using a term that does not mean much to many people anyway (‘“laid the ground better” – what David Cameron used to call “pitch-rolling”). Second, later in the interview she came close to contradicting herself, implying that it did not really matter what people thought anyway. She said:
","elementId":"6b6dbfa5-636e-4a1e-ad42-f31c44ef04ed"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"b0512f1e-c78a-4d30-97a6-178bcd19c413"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"What I care about is making our country successful, making our economy successful. And I do think that there has been too much focus in politics about the optics or how things look, as opposed to the impact they have on our economy.
n
But the third and most important point of all is that Truss was not making any concessions on substance. At no point did she accept that any of the decisions in her mini-budget were wrong. She implied it was just a matter of presentation.
","elementId":"3e4a873f-5e63-47fd-8179-b4da49a9ee22"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The problem with this is that, as Michael Gove rather brutally pointed out immediately afterwards, that Tory MPs think otherwise. We cannot know for sure, but it seems likely that Gove was talking for a majority of Conservative MPs – perhaps even the vast majority? – when he said that abolishing the top rate of income tax now was indefensible.
","elementId":"ea48982b-a270-494b-b7c4-3f8404dba580"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"And that is why this was an interview that does not really help, and that still leaves her struggling at this conference to convince her party that she is not finished for good. (See 8.29am.) This interview was not a car crash in the way the local radio interview round was on Thursday. But equally it was not one that will help her much, if at all.
","elementId":"80119709-07d1-4c3f-adc3-7d5ed89893f0"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664698578000,"blockCreatedOnDisplay":"09.16 BST","blockLastUpdated":1664701200000,"blockLastUpdatedDisplay":"10.00 BST","blockFirstPublished":1664700128000,"blockFirstPublishedDisplay":"09.42 BST","blockFirstPublishedDisplayNoTimezone":"09.42","title":"Liz Truss's interview with Laura Kuenssberg - snap verdict","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"63394be68f08ec87f11065e9","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Gove says he is sure Liz Truss will be PM this time next year.
","elementId":"95cf41bf-eb0e-47cd-9204-4dd0e7e3f9e7"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"But there does need to be a “course correction”, he says. He says “reality bites”.
","elementId":"589bd5e9-6ea5-4a5e-a62c-ab6cfd12d0a8"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"He says the medium-term fiscal plan, scheduled for late November, will have to be brought forward.
","elementId":"3c754efb-e5d6-431e-a1e5-d71284ee5369"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: You are being quite critical this week. Are you trying to be helpful?
","elementId":"1f596578-b175-403b-acfc-2461c450ed4d"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Yes, he says.
","elementId":"944109c6-2135-48ad-8a2c-620aec3e489b"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664699366000,"blockCreatedOnDisplay":"09.29 BST","blockLastUpdated":1664699484000,"blockLastUpdatedDisplay":"09.31 BST","blockFirstPublished":1664699484000,"blockFirstPublishedDisplay":"09.31 BST","blockFirstPublishedDisplayNoTimezone":"09.31","title":"Gove calls for publication of fiscal plan to be brought forward, saying 'course correction' essential","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"633946db8f086bb4a78ecc4e","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Michael Gove, the former levelling up secretary, is still in the studio. Laura Kuenssberg asks him for his reaction. And it is brutal.
","elementId":"f5542a47-a616-4652-85f3-b20fbf615ab6"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"He starts by saying he was glad to hear Truss acknowledge that the events of the mini-budget need to be revisited. (She did not quite say that.)
","elementId":"591d0e8d-dd6d-47d0-a3c9-4aa45cd5c724"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"But he says there is an “inadequate realisation” at the top of government of the scale of the problem.
","elementId":"1b71354d-4adc-4cf4-a46e-d433945f39c4"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"67dda6f6-d5ff-4851-963d-83a09a526775"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"There is an inadequate realisation at the top of government of the scale of change required.
n
He says 35% of the borrowing in the mini-budget was for unfunded tax cuts.
","elementId":"8384746e-a978-4d68-b369-6e8f11fddb21"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"That is not conservative, he says.
","elementId":"8d386387-ae92-4744-8e66-276e5e9ceeea"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"And it is wrong to cut the top rate of income tax when people are suffering. He says cutting tax for the wealthiest “is a display of the wrong values”.
","elementId":"156beba7-9de7-41d3-9369-23a0edc90de0"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"64c6dfce-f943-4973-9cad-9648f3658990"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Ultimately, at a time when people are suffering … when you have additional billions of pounds in play, to have as your principal decision cutting taxes for the wealthiest, that is a display of wrong values.
n
Q: It sounds like you won’t be able to vote for this?
","elementId":"574be032-bf30-4b76-8c59-3a6dcc1d5863"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Gove says he does not believe the move is right.
","elementId":"c279fd19-3454-4a00-8138-e697ca9a08b0"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"UPDATE: Gove said:
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nThe second thing is the decision to cut the 45p rate and indeed at the same time to change the law which governs how bankers are paid in the City of London.
nUltimately, at a time when people are suffering, and you are quite right to point out the concerns people have not just over mortgages but over benefits, when you have additional billions of pounds in play, to have as your principle decision, the headline tax move, cutting tax for the wealthiest, that is a display of the wrong values.
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","elementId":"0318dab4-9644-4baa-bb0b-b814709e669c"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Truss says during the leadership contest she said she would simplify the tax system. She says budgets are never drawn up in consultation with the whole cabinet.
","elementId":"c94dd082-5866-4665-b237-779c9a9c6ff1"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"(The official government line is that this was not a budget.)
","elementId":"4bb6b74b-749b-46f4-9842-3526d8360c23"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664697334000,"blockCreatedOnDisplay":"08.55 BST","blockLastUpdated":1664697492000,"blockLastUpdatedDisplay":"08.58 BST","blockFirstPublished":1664697493000,"blockFirstPublishedDisplay":"08.58 BST","blockFirstPublishedDisplayNoTimezone":"08.58","title":"Cabinet as whole was not consulted about decision to cut 45% top rate of tax, Truss says","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"633943898f0883d28b586303","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: Will you keep the promise to raise benefits in line with inflation?
","elementId":"f6405b7c-3234-46f4-8b75-55e9c1220b01"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Truss says Chloe Smith, the work and pensions secretary, is looking at this.
","elementId":"d7878269-0c51-49d8-a038-f53198f6fc74"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"She says the poorest households are getting support from the energy package.
","elementId":"851405f3-73b3-4c62-b2cb-f53b333a5398"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: Will pensions go up with inflation?
","elementId":"96d1e3b4-172f-4efe-a340-0acd114394b4"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Truss says she has committed to the triple lock (which means pensions will go up at least in line with inflation).
","elementId":"eb662624-e819-407d-b58d-7c709daef656"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664697225000,"blockCreatedOnDisplay":"08.53 BST","blockLastUpdated":1664697330000,"blockLastUpdatedDisplay":"08.55 BST","blockFirstPublished":1664697330000,"blockFirstPublishedDisplay":"08.55 BST","blockFirstPublishedDisplayNoTimezone":"08.55","title":"Truss refuses to commit to raising benefits in line with inflation","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"6339431d8f086bb4a78ecc38","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: Will you increase departmental budgets in line with inflation?
","elementId":"cc7316c0-3c15-4e2a-a9e0-5caf08483eef"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Truss says she will not write future budgets on this show.
","elementId":"5cec4e67-4c1a-4c1b-8b53-982d20a40875"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"But her core aim is to maximise growth in the economy.
","elementId":"1752c897-c400-435b-af23-9b39cdb3de91"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"She is committed to “delivering great public services for people”.
","elementId":"2e2345cc-c8dc-495f-8c7a-9ba588106537"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: That is not the same as saying you will increase budgets in line with inflation.
","elementId":"e8a642c6-2a31-44d2-bc43-caf46237824e"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Truss says she is more focused on outputs than inputs.
","elementId":"cd466466-d05d-431b-873a-cfb968adece9"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664697117000,"blockCreatedOnDisplay":"08.51 BST","blockLastUpdated":1664697221000,"blockLastUpdatedDisplay":"08.53 BST","blockFirstPublished":1664697222000,"blockFirstPublishedDisplay":"08.53 BST","blockFirstPublishedDisplayNoTimezone":"08.53","title":"Truss refuses to commit to increasing departmental budgets in line with inflation","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"633942418f086bb4a78ecc34","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: Are you going to cut public spending?
","elementId":"b83da7c2-a62d-4abd-bbb2-831846820199"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Truss says the UK needs to “grow the size of the pie”. Low growth means less money for public services.
","elementId":"21eef5a0-499d-45ab-8657-75199ca7bdb4"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: Are you going to cut public spending? Simon Clarke, the levelling up secretary, implied this week the state was too large.
","elementId":"9225cb1d-48bf-4775-ac64-2f21b6f7af48"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Truss says she believes in getting “value for money for the taxpayer”.
","elementId":"7bd892c5-480c-4048-aa21-bc792a66dcca"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"There will be a long-term plan for reform, she says.
","elementId":"17e187c2-8fca-4258-a2ac-a09f09cdd792"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: Are you going to cut spending on public services?
","elementId":"a3ac0f7f-c72f-4074-8a79-27a99425ddc7"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Truss says she will make sure there is value for money for the taxpayers. But she also wants to ensure the country has excellent public services, she says.
","elementId":"3a125a23-270e-4c3c-94b5-695bf519b6cf"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: Are you going to cut public spending on public services. The fact that you won’t answer directly implies you will.
","elementId":"4cdde8bd-3f5e-4fde-bb91-710fd88b0bd2"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"No it doesn’t, Truss claims. She says she is not in a position to answer now.
","elementId":"7d6afcbc-5557-490b-b786-3997a1dc1252"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Reducing debt as a proportion of GDP depends on how fast the pie is growing, she says.
","elementId":"5d0d4947-1e9f-4abf-85ba-3f276638965e"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664696897000,"blockCreatedOnDisplay":"08.48 BST","blockLastUpdated":1664697670000,"blockLastUpdatedDisplay":"09.01 BST","blockFirstPublished":1664697109000,"blockFirstPublishedDisplay":"08.51 BST","blockFirstPublishedDisplayNoTimezone":"08.51","title":"Truss refuses to deny that she will cut public spending","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"633940fe8f08ec87f11065b7","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Liz Truss says interest rates are going up around the world.
","elementId":"8bf906bb-5bad-4d58-aceb-83d94156a33b"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"She understands people’s worries about that. And she says she would have prepared people for what would be in the mini-budget more effectively.
","elementId":"3d65b36c-fb24-432a-8131-dbea4d0e8324"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"3922464a-711b-4867-a22a-f4ff99c08343"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664696574000,"blockCreatedOnDisplay":"08.42 BST","blockLastUpdated":1664697633000,"blockLastUpdatedDisplay":"09.00 BST","blockFirstPublished":1664696680000,"blockFirstPublishedDisplay":"08.44 BST","blockFirstPublishedDisplayNoTimezone":"08.44","title":"Truss accepts presentation of mini-budget was flawed, saying government should have 'laid the ground better'","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"6339404b8f0883d28b5862e9","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"I do accept we should have laid the ground better. I have learnt from that. I will make sure in future we do a better job of laying the ground.
n
Laura Kuenssberg is now interviewing Liz Truss on the BBC.
","elementId":"e6296326-c4ab-42eb-a371-e562457b5ce8"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Michael Gove, the former levelling up secretary, is a guest on the programme. He says he wants to hear Truss reassure people. And he says Truss needs to show people she “shares their values”.
","elementId":"cd558231-64fb-4c2e-af7f-3ae4f5dce014"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"There were “a number of mistakes” made in the mini-budget, he says. But he says there is time to correct them.
","elementId":"bf748acf-84db-4b16-9d94-16fe39a46ce9"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664696395000,"blockCreatedOnDisplay":"08.39 BST","blockLastUpdated":1664696537000,"blockLastUpdatedDisplay":"08.42 BST","blockFirstPublished":1664696537000,"blockFirstPublishedDisplay":"08.42 BST","blockFirstPublishedDisplayNoTimezone":"08.42","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"63393e958f08ec87f11065a1","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Sophy Ridge is now interviewing Jake Berry, the Tory chair, on Sky.
","elementId":"d367fe9f-7f5b-4d3c-8342-407a22a9a171"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: Did you have a drinks celebration with Tory donors after the mini-budget?
","elementId":"3018b2c0-bfdb-4362-a7d1-45c17cdc1ff9"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Berry says he was there. It was an event for donors. It was not a specific event for hedge fund managers. But he knows that at least one hedge fund manager was there.
","elementId":"0205d135-93ef-4fcb-9ec1-75e9e757bf75"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: The Sunday Times says, as the markets were crashing, you were at the home of a Tory donors, with hedge fund managers and financiers who may have made money from the fall of the pound. How was that right?
","elementId":"a2f2f0b9-8edd-4e61-afff-387103cf1ffe"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Berry says he does not know that anyone did make money from the fall in the pound. And by the end of the week the pound was up, he says.
","elementId":"bc43c4c3-bec2-40e4-aef7-c8b9b8cd8dde"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: How was the chancellor’s mood as he was drinking champagne?
","elementId":"8b509b72-923a-49aa-80a3-7502cc166d12"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Berry says he does not think Kwasi Kwarteng was drinking champagne. He thinks he was having a soft drink.
","elementId":"a8a4091e-9342-4463-b672-1134b45fdb3b"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: The Sunday Times says Kwarteng gave “insights” into future policy at the event.
","elementId":"3451dc5a-e9db-4a3a-aaba-be570523f34b"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Berry says he did not hear that. Kwarteng gave a speech at the event. In that speech, he did not give any insight into future plans. And Berry says he is “sure” Kwarteng did not do that in private conversations either.
","elementId":"6dc45336-91df-4be8-b635-18911c279cad"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664695957000,"blockCreatedOnDisplay":"08.32 BST","blockLastUpdated":1664696309000,"blockLastUpdatedDisplay":"08.38 BST","blockFirstPublished":1664696309000,"blockFirstPublishedDisplay":"08.38 BST","blockFirstPublishedDisplayNoTimezone":"08.38","title":"Tory chair Jake Berry defends party holding champagne reception with City financiers on day of mini-budget","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"63392b508f0883d28b586288","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Here are some more lines from Liz Truss’s interview with Edward Malnick in the Sunday Telegraph.
","elementId":"a7394d5d-ba10-4ce9-ac9b-d5f322f30550"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"- n
Truss revealed that she wants to extend the number for firms that qualify as a small business, allowing them to benefit from lighter regulation. She said:
n
n","elementId":"28cf60f5-9d18-42e1-b1e7-ef059f4ddaa6"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"One of the things we’ll be announcing is raising the definition of a small business, in terms of regulation, from 250 employees to 500 employees.
n
Truss said this move would affect 40,000 firms, and “make it easier for them to get on with their business”.
","elementId":"444b217f-bc63-4f92-b9ee-e1025f666d14"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"- n
She confirmed that she wanted to increase certain types of immigration into the UK – although she rejected claims that low-skilled immigration would rise. Malnick reports:
n
n","elementId":"018aaa73-6197-4424-b13e-d0aadd9a0488"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The prime minister rejects claims that she wants to relax immigration rules to increase the number of low skilled migrants coming to the UK, as part of her plan to boost growth. “That’s not true,” she insists, with a frown.
nBut she appears to confirm that the government will increase the number of seasonal agricultural workers and other “high skilled people” given permission to work in Britain.
n“What we want to do, and the home secretary will be laying out more details on this, is make sure we’ve got the right mix of people coming into the country. So the high-skilled people that will contribute to the economy – I have also mentioned previously seasonal agricultural workers, for example, to help with farming. But this is not about getting lots of low skilled workers in, it’s getting people who will contribute to the economy.”
n
This is confusing beacuse normally seasonal agricultural workers would be described as low-skilled immigrants (even though, done properly, their work requires considerable skill).
","elementId":"823ef11e-0559-4c01-860f-7ad36524d741"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"- n
She wants to increase the number of childminders available by creating new childminder agencies, the Sunday Telegraph says. Malnick reports:
n
n","elementId":"b094b77b-855c-4c33-b4a5-d394a0fcf9ee"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The Telegraph can also reveal today that one plan being worked up is to increase the number of childminders by boosting the number of specialist childminder agencies. The agencies are registered to be inspected by Ofsted, reducing the administrative burden on individual workers. Ms Truss championed the idea while childcare minister between 2012 in 2014.
n
- n
She accepted that people would find change “worrying” but she said sticking ith the economic status quo was not an option. She said:
n
n","elementId":"48b50ec5-330e-4f0b-a5c7-d86d8daceff2"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Change is always something that people might find worrying. But what I’m fundamentally saying is we do have to change, and the status quo isn’t an option …
nWe made promises to people in 2019 that things would be different. And what does that mean? It means more opportunities, higher wages, more investment, and those are all the things that I am seeking to unlock.
nOf course, there’ll be resistance to that. Because there is quite a strong consensus around what I describe as a high tax, low growth economy. But ultimately [with] a high tax low growth economy the country becomes poorer.
n
- n
She defended the decision not to ask the Office for Budget Responsibility to publish a new economic forecast with the mini-budget, implying there was not time. She said:
n
n","elementId":"1001a5c0-480c-4e15-bbc2-d11d9592ad5d"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"During Covid we acted quickly and decisively on things like the furlough scheme without an OBR forecast, because the situation was urgent. And I and the chancellor believe that the situation is equally urgent, now, and here.
n
But the OBR has said it would have had time to publish a forecast alongside the mini-budget, although it has conceded that it would not have been as detailed as normal, because of the lack of time.
","elementId":"bcdc6541-9ed7-464a-b62c-839d9912e992"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"- n
She confirmed she will be attending the inaugural summit of the European Political Community (EPC) in Prague later this week. She said:
n
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BST","blockLastUpdated":1664695746000,"blockLastUpdatedDisplay":"08.29 BST","blockFirstPublished":1664695746000,"blockFirstPublishedDisplay":"08.29 BST","blockFirstPublishedDisplayNoTimezone":"08.29","title":"Truss says she will extend number of firms qualifying as small businesses, allowing them to benefit from less regulation","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"6339213b8f086bb4a78ecb98","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The reason I’m going to Prague on Thursday is I want to be talking to counterparts across Europe, including ones that are in the European Union and ones that aren’t – it’s a wide variety of countries – about migration, and how we collectively deal with migration. It’s not a problem Britain can solve on our own.
nWe have a lot of countries people are travelling through to get to Britain. So we need a better solution on that, we need to deal with the problem upstream, so that’s what we’ll be talking about, but also energy.
n
Good morning. During the Tory leadership contest an internal Labour party document, leaked to the media, said that the election of Liz Truss could deliver a 10-point boost in the polls. The briefing, which was received with some scepticism, was intended to stop Labour getting complacent, and it was based on historical figures showing that in the past having a new prime minister normally has resulted in a bounce in the poll. It is now clear that the memo was much more prophetic than anyone realised – only it is Labour that is benefiting from the bounce, not the Conservative party, and that the bounce is worth much more than 10 points.
","elementId":"96ef98ae-8382-414d-bb72-6ea434d1d2cc"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Of course, it was the mini-budget, not Truss’s election as Tory leader, that made the difference, but that distinction won’t be much consolation to Conservative MPs as they start their conference today in Birmingham. The main divide in the party at the moment is probably between those who think that the damage done by the mini-budget to Truss’s premiership is terminal, and those who think there is some slight chance of recovery.
","elementId":"fbee2ba5-9a55-4447-8fa8-2f267e8b93d2"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Here are the latest polling figures from Opinium, which are covered in the Observer.
","elementId":"945990cd-6863-4edc-8a18-1e2524cfb471"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/OpiniumResearch/status/1576322420515840002","id":"1576322420515840002","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"bda99f39-6242-481d-82f5-c14121e9b6d8"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"🚨LATEST @OpiniumResearch /@ObserverUK poll🚨
— Opinium (@OpiniumResearch) October 1, 2022
With the Conservative Party Conference starting today, our latest poll shows Labour's lead has shot up from 5 points to 19 over the Conservatives.
Con 27% (-7)
Lab 46% (+7)
Lib Dem 9% (-1)
Green 6% (-1) pic.twitter.com/0v4OICeR01
n","url":"https://twitter.com/OpiniumResearch/status/1576328599233531904","id":"1576328599233531904","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"cb4584ca-5982-4b1e-a819-d2b43ea6c77f"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The Conservatives have lost a huge amount of their economic credibility.
— Opinium (@OpiniumResearch) October 1, 2022
When we last asked this question on 9th Feb, the Conservatives led on ‘running the economy’ by 1 point, and led on bringing down the national debt and deficit by 4 points. Now Labour leads on both of these pic.twitter.com/y1yj0m1NPI
Truss will be on BBC’s Sunday with Laura Kuenssberg later. (The programme starts at 8.30am, but Truss will probably be on soon after 9am.) It will be her first in-depth TV interview since the mini-budget debacle, and she will be hoping it goes better than her local radio media round on Thursday.
","elementId":"b95027a4-8527-4ba3-a4e2-05ca813e04ab"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"She has given an indication of what she is likely to say in an interview with the Sunday Telegraph in which she insisted that she was going to retain all the measures announced in the mini-budget (many Tories want her to shelve, or abandon, the abolition of the 45% top rate of income tax) and said that Kwasi Kwarteng, the chancellor, was doing “an excellent job”.
","elementId":"6b93262b-cd10-477b-9b8e-ff02c9b9b80a"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Stressing her belief that economic change is necessary, and her desire to “bring people with me on this journey”, Truss also claimed her critics were “declinist”. She told the Sunday Telegraph:
","elementId":"eb37fd61-1e07-4cb6-ba79-c90a35c9c0ee"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"6e6b1be1-35d2-4935-89f5-13d949a8098d"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"It’s a declinist mentality, the idea that Britain’s best days are behind us and that all this is about is managing the distribution between people, rather than growing the size of the pie. I believe we can grow the size of the pie. But we need to take the tough decisions to do that.
n
Here is the agenda for the day.
","elementId":"ec5a78e8-7c71-4230-80ab-e6d815591932"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"8.30am: Jake Berry, chair of the Conservative party, is among the guest on Sky’s Sophy Ridge on Sunday.
","elementId":"d776778c-3757-471d-ac98-477ef6f2ce88"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"8.30am: Liz Truss is interviewed on the BBC’s Sunday with Laura Kuenssberg. Rachel Reeves, the shadow chancellor, is also being interviewed.
","elementId":"2a0959f2-8dba-4388-b08b-92d6cade2d87"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"From 12pm: Conference fringe events start.
","elementId":"d6b99a0c-540d-4af2-9002-0ed441dcc983"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"3pm: Michael Gove, the former levelling up secretary, takes part in an ‘in conversation’ fringe event organised by the Tory thinktank Onward.
","elementId":"19b91457-8f5c-4848-96e8-a30d72d80d42"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"4pm: The formal conference proceedings start, with speeches from Penny Mordaunt, leader of the Commons; Andy Street, mayor of the West Midlands; Jake Barry, chair of the party; Chris Heaton-Harris, Northern Ireland secretary; Douglas Ross, Scottish Conservative leader; Andrew RT Davies, Welsh Conservative leader; Robert Buckland, Welsh secretary; and Ben Wallace, defence secretary.
","elementId":"3f54278d-c22b-42d6-a0f8-a35a92cc28e7"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Comments will be opened later today. I try to monitor the comments below the line (BTL) but it is impossible to read them all. If you have a direct question, do include “Andrew” in it somewhere and I’m more likely to find it. I do try to answer questions, and if they are of general interest, I will post the question and reply above the line (ATL), although I can’t promise to do this for everyone.
","elementId":"76697f79-b522-43e1-869d-a22f3f868a91"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"If you want to attract my attention quickly, it is probably better to use Twitter. I’m on @AndrewSparrow.
","elementId":"36ed5b76-fc6e-4bbd-8129-9e8ff5dbf8a6"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Alternatively, you can email me at [email protected]
","elementId":"9c78f379-a4fb-4897-9f1c-b13f20d7474a"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664693926000,"blockCreatedOnDisplay":"07.58 BST","blockLastUpdated":1664694031000,"blockLastUpdatedDisplay":"08.00 BST","blockFirstPublished":1664693926000,"blockFirstPublishedDisplay":"07.58 BST","blockFirstPublishedDisplayNoTimezone":"07.58","title":"Liz Truss says her critics are ‘declinist’ before Laura Kuenssberg interview at opening of Tory conference","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"}],"filterKeyEvents":false,"format":{"display":0,"theme":0,"design":10},"id":"key-events-carousel-mobile"}">key events
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nDemonstrators furious at Liz Truss’s economic plan are carrying signs reading “unelected, unaccountable, unhinged” and “wages up, bills down, Tories out”.
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Gove is now taking questions from the audience. A man says Gove said the party should come together after the leadership contest. Is is actually following his own advice?
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","elementId":"c366c5a5-ecbf-44e2-8ebd-9ad2ef599b45"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Gove says words like that do not descibe what is going on.
","elementId":"9be5dc55-265c-4d2a-bdaf-51a61ed28250"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The majority that Johnson won in 2019 was “one nation majority”, he says. The party won the support of people who were not wealthy. They wanted to see a compassionate, one nation government.
","elementId":"be7f3352-8904-4d49-9b06-7d0049b96634"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: So Liz Truss does not have a mandate?
","elementId":"e86dc5ed-9abf-4412-899e-fdab2cb7e899"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Gove says any PM has to respond to new circumstances. It was right to respond to the fuel crisis, and look at what can be done to promote growth.
","elementId":"c36dd3e5-4df9-4903-88b8-9edf3270c450"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"But the governmnent must also look after the most vulnerable.
","elementId":"2853a9a4-0236-4c21-be36-47cbc6edf428"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"It will be “very, very, very difficult” to argue for welfare cuts when taxes are being cut for the rich.
","elementId":"72e6dda2-c584-4585-a1b2-ace6a831d7df"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"81d60730-ddd1-492a-a6cb-98bb4112bfa5"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664711927000,"blockCreatedOnDisplay":"12.58 BST","blockLastUpdated":1664714541000,"blockLastUpdatedDisplay":"13.42 BST","blockFirstPublished":1664712387000,"blockFirstPublishedDisplay":"13.06 BST","blockFirstPublishedDisplayNoTimezone":"13.06","title":"Michael Gove says people voted for one nation government in 2019","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"63397b778f0883d28b586494","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"It’s going to be very, very, very difficult to argue it’s right to reduce welfare when we’re also reducing tax for the wealthiest.
n
In his interview with Sophy Ridge this morning on Sky, Jake Berry, the Conservative party chair, also said that, if people were having difficulty paying their fuel bills, they could either cut their consumption or get a better job. He was making a point about the need for the government to economise, and he said that was how households worked too. He said:
","elementId":"46a33734-8be9-45ac-b1a9-bc18bba37d8b"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"216261ff-d2fb-4745-87a0-1ec11cdbd42f"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664711543000,"blockCreatedOnDisplay":"12.52 BST","blockLastUpdated":1664714016000,"blockLastUpdatedDisplay":"13.33 BST","blockFirstPublished":1664711925000,"blockFirstPublishedDisplay":"12.58 BST","blockFirstPublishedDisplayNoTimezone":"12.58","title":"Tory chair Jake Berry says people facing higher fuel bills can cut consumption or get better job","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"6339771b8f0883d28b586478","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"People know that when their bills arrive, they can either cut their consumption or they can get a higher salary, higher wages, go out there and get that new job.
n
And, talking of Jacob Rees-Mogg, Steven Swinford from the Times has spotted this; according to an update on the government’s website, Rees-Mogg’s former business partner, Dominic Johnson, has been made an international trade minister. He is not an MP so, to allow him to do the job, he has been given a peerage too.
","elementId":"e5852304-dbcb-4ddc-b862-c7a9d61b218f"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/Steven_Swinford/status/1576534559985909760","id":"1576534559985909760","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"ae82418d-5b52-45d8-8b8f-830832f16e64"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664710427000,"blockCreatedOnDisplay":"12.33 BST","blockLastUpdated":1664710712000,"blockLastUpdatedDisplay":"12.38 BST","blockFirstPublished":1664710713000,"blockFirstPublishedDisplay":"12.38 BST","blockFirstPublishedDisplayNoTimezone":"12.38","title":"Rees-Mogg's former business partner given peerage and made international trade minister","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"633974988f08ec87f11066ea","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"BREAKING:
— Steven Swinford (@Steven_Swinford) October 2, 2022
Liz Truss has appointed Dominic Johnson, Tory donor & co-founder of Somerset Capital with Rees-Mogg, as trade minister
Announcement quietly dropped on https://t.co/Ykkwe7cwEd
He's being handed a peerage to boot
Confirms @fletcherr scoophttps://t.co/MWArxD06gF pic.twitter.com/dEQaVpVaGc
The Conservative party has released more details of the plan announced by Liz Truss in her Sunday Telegraph interview (see 8.29am) to extend the definition of a small firm.
","elementId":"89e891d8-7764-4629-89e4-2cc5425cef02"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"It says that when the government develops policy, it works on the basis that SMEs (small and medium-sized enterprises), defined as firms with fewer than 250 employees, are exempt from some regulations. From tomorrow it will treat firms with fewer than 500 employees in this category, it says.
","elementId":"2047bd59-ec76-4542-ae7b-571da143934f"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"In a press release explaining the move, the party said:
","elementId":"6f8f3310-233b-446b-a663-c369f3cd9316"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"8b6f9b6a-75f3-4a78-a378-6baced4b5fb1"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The exemption will be applied in a proportionate way to ensure workers’ rights and other standards will be protected, while at the same time reducing the burden for growing businesses.
nRegulatory exemptions are often granted for SMEs, which the EU defines at below 250 employees. However, we are free to take our own approach and exempt more businesses to those with under 500 employees. We will also be able to apply this to retained EU law currently under review, which we would not have been able to do without our exit from the EU.
nThe changed threshold will apply from tomorrow to all new regulations under development as well as those under current and future review, including retained EU laws. The government will also look at plans to consult in the future on potentially extending the threshold to businesses with 1,000 employees, once the impact on the current extension is known.
nThis is the first step in a package of reforms to ensure UK business regulation works for the UK economy. The reforms will harness the freedoms the UK has since leaving the EU to remove bureaucratic and burdensome regulations on businesses, while streamlining and making it easier for them to comply with existing rules, ultimately saving them valuable time and money.
n
The Tories says 40,000 companies will benefit from the move.
","elementId":"5ea259d2-5456-4757-a84e-4935040c36be"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Jacob Rees-Mogg, the business secretary, said in a statement:
","elementId":"f4f366d1-3aaf-436c-b3e7-12268e8e35f8"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"8e274069-e959-4c9e-86e0-40047753a3f8"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664709784000,"blockCreatedOnDisplay":"12.23 BST","blockLastUpdated":1664710350000,"blockLastUpdatedDisplay":"12.32 BST","blockFirstPublished":1664710350000,"blockFirstPublishedDisplay":"12.32 BST","blockFirstPublishedDisplayNoTimezone":"12.32","title":"Rees-Mogg claims extending definition of SMEs will allow thousands of firms to avoid 'pointless paperwork'","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"633957058f086bb4a78ecc9a","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Our enterprising medium-sized businesses are being buried in pointless paperwork, preventing them from reaching their world-leading potential.
nThat is why we are cutting red tape, starting with preventing unnecessary future regulations for these companies. We are harnessing the freedoms the UK has since leaving the EU, removing bureaucratic and burdensome regulations on businesses, and taking steps to create a dynamic, growth-led economy.
n
And here are the main points from Sophy Ridge’s interview on Sky with Jake Berry, the Conservative party chairman.
","elementId":"76a600b5-666f-47d1-ad92-353e73505b54"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"- n
Berry said that he thought Conservative MPs who vote against the mini-budget should lose the whip. He said it was a decision for the chief whip, but as far as he was concerned they should lose the whip, he said.
n
- n
He defended the party’s decision to hold a champagne reception for supporters, included hedge fund managers, on the day of the mini-budget. (See 8.38am.)
n
- n
He defended the government’s decision not to rule out spending cuts. He said:
n
n","elementId":"7ef06138-8f68-4c47-9d30-799d6fe41ded"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"I don’t think it’s unreasonable to say that the public sector should look at its expenses in the same way that every single household is doing in this country.
nWhat we’ve heard from the government is there’s going to be a drive to trim fat in terms of government expenditure.
n
- n
He claimed it was “nonsense” to claim that the government’s tax cuts are helping the richest most. He said:
n
n","elementId":"2403ab3d-274b-4b32-902a-0636dc4555e3"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Every single working person in this country is going to see a cut in their national insurance this month and we also know that the lower paid in this country, as a percentage of their income, pay more in national insurance than higher earners. So in fact as a percentage of income it is giving a bigger tax cut to those lower earners than it is to the top earners.
n
When shown a graph from the Resolution Foundation suggesting higher earners benefited most from the government’s plans, Berry said he could not see the image.
","elementId":"1d23cfb1-2e99-4b48-8d26-76d09f9519c5"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"- n
He played down the significance of recent polls showing Labour’s lead soaring, pointing out that the Conservatives won two recent council byelections in his constituency. He said:
n
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Berry (right) welcoming Liz Truss to the Tory conference last night, as Truss arrived with her husband, Hugh O'Leary.","caption":"Jake Berry (right) welcoming Liz Truss to the Tory conference last night, as Truss arrived with her husband, Hugh O'Leary.","credit":"Photograph: Oli Scarff/AFP/Getty 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BST","blockLastUpdated":1664708643000,"blockLastUpdatedDisplay":"12.04 BST","blockFirstPublished":1664708643000,"blockFirstPublishedDisplay":"12.04 BST","blockFirstPublishedDisplayNoTimezone":"12.04","title":"Tory chair Jake Berry claims down significance of polls showing Labour lead soaring","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"6339585a8f08ec87f1106624","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The difference between that poll and those by-elections last week is it’s a forced decision where people have to make a choice.
nAnd I know and believe that when we get to that general election and when we have delivered that growing economy, when we have ensured that the benefit is felt by every household in this country, that it will be a very different result than shown in that snap poll a few days after the government has done a mini-fiscal event.
n
Here are the main points from the Liz Truss interview with Laura Kuenssberg.
","elementId":"b8899cff-c09b-43de-b73d-fcd9863fb9fd"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"- n
Truss defended the government’s controversial mini-budget in its entirety, accepting that the presentation could have been improved, but giving no indication that she wants to change the substance of it. Asked if she was committed to getting rid of the 45% top rate of tax (the most controversial element), she said she was.
n
- n
She refused to deny that she might cut public spending. It is clear that, without reversing the tax cuts, the government will only be able to get borrowing under control by cutting spending and at least four times she refused to deny that she might cut public spending. She also refused to commit to increasing departmental budgets (which were set when inflation was lower) in line with the current rate of inflation. When it was put to her that Simon Clarke, the levelling up secretary, hinted strongly that the government will cut the size of the state in a Times interview on Saturday (“I do think it’s very hard to cut taxes if you don’t have the commensurate profile of spending and the supply side reform … There is always something you can do to trim the fat,” Clarke said), Truss did not dispute what he said. She wanted “value for money for the taxpayer”, she said.
n
- n
She refused to commit to increasing benefits next year in line with the level of inflation in September, as Boris Johnson’s government promised. But she said pensions would increase in line with inflation, because she was keeping the triple lock.
n
- n
She accepted the government had not done enough to prepare opinion for what the mini-budget was going to contain. She said:
n
n","elementId":"790644ed-a8e5-4065-bd75-156d616835a2"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"I do stand by the package we announced and I stand by the fact we announced it quickly, because we had to act.
nBut 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.
n
- n
She said the decision to abolish the 45% top rate of income tax was taken by the chancellor, Kwasi Kwarteng. (See 9.53am.)
n
- n
She ruled out publishing the next economic forecast from the Office for Budget Responsibility before 23 November. Asked why it was not published alongside the mini-budget, she said:
n
n","elementId":"11992a20-ecba-425a-aa5f-8a9ee951dd67"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"It does take a while to produce those forecasts ... We simply didn’t have time to go through that process because it was a very urgent situation.
n
In fact, the OBR said a slimmed-down version of the forecast could have been published then. Asked if she will publish a forecast before 23 November, when the medium-term fiscal plan is being published, Truss replied: “Well, no, for the following reason, Laura, that it’s not yet ready.”
","elementId":"daa77c5f-5983-49db-b91e-fc435726ffe1"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"- n
She claimed she did have a mandate for her policies because in 2019 people voted for a different future. Asked if she had a mandate for her plans, she replied:
n
n","elementId":"aae1aa40-74d2-4d78-a817-80b75cb0d427"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"What people voted for in 2019, when they voted Conservative, sometimes for the first time in many years, they voted for a different future. They voted for investment into their towns and cities, they voted for higher wages, they voted for economic growth. And that is what our plan will deliver. I’m confident it will deliver.
n
- n
She implied that global issues, and not the specific measures in her mini-budget, were partly behind the financial turmoil on the markets over the past week. When it was put to her that this was not just a global issue, and that it was announcing unfunded tax cuts that triggered a fall in the pound and a rise in government borrowing costs, she said interest rates were going up around the world. But she also said that she also had to take action to stimulate growth quickly, and that the presentation could have been better.
n
Keir Starmer has used an article in the Sunday Telegraph to encourage Conservative MPs to work with Labour to overturn aspects of the mini-budget. He says:
","elementId":"7d8a49b6-363d-47bf-9f09-e54a3240bd4c"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"6bac2b03-8d5a-4cb9-8a13-676fd6d70ac9"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664702696000,"blockCreatedOnDisplay":"10.24 BST","blockLastUpdated":1664703230000,"blockLastUpdatedDisplay":"10.33 BST","blockFirstPublished":1664703230000,"blockFirstPublishedDisplay":"10.33 BST","blockFirstPublishedDisplayNoTimezone":"10.33","title":"Starmer urges Tory MPs to work with Labour to restore 'some semblance of economic sanity'","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"633956d18f086bb4a78ecc99","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"For the vast majority of those who still live in the reality-based community – tethered to gravity and maths - it is clear what has happened. The markets do not believe in the fantasy economics of untrammelled borrowing and unfunded tax cuts any more than the average person on the street does.
nThey do not believe in the myth of trickle-down economics, where making the richest richer magically benefits everyone else.
nEroding our tax base just as there are pressures for spending is not just bad economics or childlike delusion – it is a real and present danger to economic health. It is the gambler chasing good money with bad, the smoker puffing away outside the hospital doors. It is unsustainable …
nIf the prime minister continues to bury her head in the sand, it will fall on others to act.
nNeither the country nor parliament has had any say on these measures. That is unacceptable. The economy is not a laboratory experiment for the maddest scientists of the Conservative party.
nMortgages, pensions and family finances are not casino chips for a government intoxicated by dogma. There are many decent Conservative MPs who know this. My message to them is that Labour will work with anyone to ensure some semblance of economic sanity is restored.
n
Mel Stride, the Conservative chair of the Commons Treasury committee, told Sky News that if the governmement publishes the new forecast from the Office for Budget Responsibility before 3 November, when the Bank of England’s monetary policy committee (MPC) is due to make its next interest rate decision, that might lead to the interest rate rise being lower than it otherwise would be. He said:
","elementId":"2a605f15-daef-4d43-be15-c2dae914f591"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"32cd91b0-c55f-43de-ba4f-343e7e8a910c"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"If [the MPC] has a satisfactory OBR report before that meeting on November 3, I would imagine and expect that the interest rate rise will probably not be as high as it otherwise would be.
nThat OBR report, the fiscal targets, would have reassured the markets, there would be less concern about the inflationary impacts of the government’s policy and therefore the MPC would be putting interest rates up by potentially a little bit less.
n
At the moment the government is not due to publish the new OBR forecast until the medium-term fiscal plan comes out, on 23 November.
","elementId":"3cf19c97-a833-4cf8-a35a-ca72541a2fef"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664702161000,"blockCreatedOnDisplay":"10.16 BST","blockLastUpdated":1664702529000,"blockLastUpdatedDisplay":"10.22 BST","blockFirstPublished":1664702529000,"blockFirstPublishedDisplay":"10.22 BST","blockFirstPublishedDisplayNoTimezone":"10.22","title":"Treasury committee chair Mel Stride says delaying OBR forecast could mean higher interest rates","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"6339519e8f08ec87f1106600","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"And this is what political journalists and commentators are saying about the Liz Truss interview on Twitter.
","elementId":"ec7ab9d6-f5a0-4a0d-9a6f-8530ddcea240"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"From my colleague Gaby Hinsliff
","elementId":"fbbf3cc8-557f-4d61-94c9-2ba05d97e3a1"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/gabyhinsliff/status/1576487772403433472","id":"1576487772403433472","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"33896de7-aef1-47aa-9795-8d8bc5b363ae"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Lots in that @bbclaurak interview but what stuck with me is Truss confirming she really doesn’t care about optics/how things look This is basically a politics that doesn’t care about public opinion which is to say the least..bold
— gabyhinsliff (@gabyhinsliff) October 2, 2022
From Lucy Fisher from Times Radio
","elementId":"59045ee5-2e8b-4cda-8fc7-64ac62276f3c"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/LOS_Fisher/status/1576488258149941248","id":"1576488258149941248","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"6113a034-7577-46fd-b389-792bc461e7ee"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Surely Truss can’t hold the line this week on refusing to talk about spending cuts to public services, since that’s THE key factor likely to calm markets and clearly what govt is planning (as Simon Clarke tee-ed up in Times interview yday)… https://t.co/9o5PYKXTNz
— Lucy Fisher (@LOS_Fisher) October 2, 2022
From ITV’s Paul Brand
","elementId":"40816fd9-322f-4d69-a591-28d85b2ced3e"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/PaulBrandITV/status/1576487131953844224","id":"1576487131953844224","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"2c64ca00-bfba-4f12-96dd-0809414b1c55"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Think despite the difficulties that was at least a better interview performance by Truss than Friday’s local media. PM doubling down and focusing on trying to communicate her plans better. Question is whether narrative has already set in and too difficult to reverse. #BBCLauraK
— Paul Brand (@PaulBrandITV) October 2, 2022
From the Sunday Times’ Tim Shipman
","elementId":"ab99b517-f48e-45ff-8c68-f162c721c32a"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/ShippersUnbound/status/1576486547993821184","id":"1576486547993821184","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"0bdca217-2f89-42f1-950b-fba559fd3ace"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Too much focus on the optics in politics says Liz Truss. Weird from her, who only got the job of PM because she was good at the optics and is only in this mess because she catastrophically failed to over the last week
— Tim Shipman (@ShippersUnbound) October 2, 2022
From the Sun’s Harry Cole
","elementId":"7f9aae7a-6ffe-45e4-9a67-a06386873c20"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/MrHarryCole/status/1576486590708273152","id":"1576486590708273152","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"df0c1a94-8fc0-48ee-95f9-314515ca44a4"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Not unusual for a budget to be presented fait accompli to Cabinet at all.. but not sure the idea that Truss was not entirely linked to Sept 23 is not going to wash.
— Harry Cole (@MrHarryCole) October 2, 2022
From the i’s Paul Waugh
","elementId":"6a00a5ea-2423-46a6-b578-5bde91b348e5"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/paulwaugh/status/1576482094875783170","id":"1576482094875783170","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"b45f0c81-b5bd-4d9d-ab87-ff6da27e0440"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"Truss repeats the lie that 'we have had two decades of low growth'.
— Paul Waugh (@paulwaugh) October 2, 2022
Growth in 2002 was strong.
In fact growth under Labour was strong until the global financial crisis in 2008.
Amazed she's allowed to repeat that in so many interview.
n","url":"https://twitter.com/paulwaugh/status/1576483318379425792","id":"1576483318379425792","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"7dc3a9e8-85b3-428e-806e-ec31a0390d14"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Another misleading statement? Asked by @bbclaurak whether she will publish the OBR assessment handed to Govt on Oct 7 - well before Nov 23 as planned by govt. “There’s no point in publishing something that’s not ready.”
— Paul Waugh (@paulwaugh) October 2, 2022
Surely the OBR assessment will be 'ready' NEXT FRIDAY?
From the Spectator’s James Forsyth
","elementId":"b48ebebc-8851-46da-9804-f101538db898"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/JGForsyth/status/1576481766486982658","id":"1576481766486982658","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"2f722ba5-4957-4770-97f3-d42ddaa44485"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The refusal to rule out public spending cuts is the story out of this Truss interview
— James Forsyth (@JGForsyth) October 2, 2022
From Jon Sopel from the News Agents podcast
","elementId":"6c5431b5-7bd9-433c-b7c3-ed1ba53429cc"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/jonsopel/status/1576488965183483905","id":"1576488965183483905","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"716f75d6-e1c8-4e41-a2ab-3e789ab241c2"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"I think if you’re @trussliz you’re going to be pretty pleased with the way that interview went
— Jon Sopel (@jonsopel) October 2, 2022
From the broadcasting executive Rob Burley
","elementId":"656cc47b-ca98-4b25-9a7a-824e322e5a9a"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/RobBurl/status/1576494995472646144","id":"1576494995472646144","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"2c6c13f7-2885-4817-9ca3-64fd78c13dfb"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Don't agree. Think she's no better off and possibly a little worse off after it. Think Michael Gove - in an intelligent booking on the panel that suggests lessons learned - was also dynamite. In a Liz-Truss-please-hold-this-stick-of-dynamite sort of way - positive for @bbclaurak https://t.co/MAz2l7JZE6
— Rob Burley (@RobBurl) October 2, 2022
From Andrew Marr of the New Statesman and LBC
","elementId":"3eeecb71-5acf-4ead-bd63-7e47f12d5b1e"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/AndrewMarr9/status/1576484409754406915","id":"1576484409754406915","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"5a78d7d5-9f76-4b81-9e75-032280b0598f"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Ok. Rather amazingly I think the story is now Gove not Truss
— Andrew Marr (@AndrewMarr9) October 2, 2022
From GB News’ Tom Harwood
","elementId":"80f87b25-d61b-4ed0-921e-a21dfa904e45"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/tomhfh/status/1576495648056057857","id":"1576495648056057857","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"ca02706c-34ec-4618-9c3d-d3a12196773a"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Objectively that Truss Laura K interview was assured.
— Tom Harwood (@tomhfh) October 2, 2022
Strongest points on how interest rates in the States are rising by more than they are here, and how UK borrowing is lower than France, the US, Canada, and Japan.
Think she could have been more explicit on market reaction.
From my colleague Zoe Williams
","elementId":"07b59af6-2abf-45c2-bca9-e8a2976b60ca"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/zoesqwilliams/status/1576489297150181376","id":"1576489297150181376","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"e1fa5522-1bd3-4b45-9736-d2956312bc1f"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"Weird moment towards the end of the Truss interview where she looks down, searching something, & I think what she was looking for was a clock. How many more minutes of this?
— Zoe Williams (@zoesqwilliams) October 2, 2022
That's why she's toast, I think. She thinks when she's not actually under the grill, problem solved
n","url":"https://twitter.com/zoesqwilliams/status/1576489298332979200","id":"1576489298332979200","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"8f90575e-af5e-4ccb-bfce-e0d08ce46d3c"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"She doesn't realise the conversation carries on whether she's in it or not. She doesn't realise 'optics' means, 'what other people think and feel, based on their experiences and analysis'. And doesn't realise that matters.
— Zoe Williams (@zoesqwilliams) October 2, 2022
From Huffpost UK’s Kevin Schofield
","elementId":"b6b1596e-d22e-4a49-ab03-63f4b2bc72ae"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/KevinASchofield/status/1576483166667169792","id":"1576483166667169792","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"ed2c5009-b0bd-4e98-b188-6b60efccc095"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Truss in summary: Can guarantee a massive tax cut for the richest in the country, but won't guarantee that she'll stick to Boris Johnson's promise to raise benefits by inflation.
— Kevin Schofield (@KevinASchofield) October 2, 2022
From the Observer’s Sonia Sodha
","elementId":"ffd1bb1c-56af-4992-b0f1-5410fc7fd6db"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/soniasodha/status/1576477609369604096","id":"1576477609369604096","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"2b994aab-f647-43da-91ef-12c61d997872"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"“I accept I should have laid the ground better” - Truss. What does that even mean?!
— Sonia Sodha (@soniasodha) October 2, 2022
From the journalist Ian Birrell
","elementId":"2ac16d53-6760-4268-a7c3-7d05aca34867"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/ianbirrell/status/1576486696698679297","id":"1576486696698679297","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"f2d489aa-e08e-459b-9244-b34ff62b9ed7"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664700830000,"blockCreatedOnDisplay":"09.53 BST","blockLastUpdated":1664701859000,"blockLastUpdatedDisplay":"10.10 BST","blockFirstPublished":1664701859000,"blockFirstPublishedDisplay":"10.10 BST","blockFirstPublishedDisplayNoTimezone":"10.10","title":"Truss's interview - verdict from Twitter commentariat","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"63394f568f08ec87f11065f2","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Three things we have learned from #BBCLauraK
— Ian Birrell (@ianbirrell) October 2, 2022
1) Liz Truss is pinning the 45p tax cut firmly on Kwasi Kwarteng
2) Spending cuts are coming but the Tories have no idea where they will fall
3) Michael Gove is leading Tory opposition to the government
Liz Truss told the Sunday Telegraph that Kwasi Kwarteng was doing an “excellent job” as chancellor.
","elementId":"eb1a8cec-b351-4e27-b6b0-fc3138b1cf5a"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"But in her interview with Laura Kuenssberg, when asked about the decision to cut the top rate of income tax, Truss described it has Kwarteng’s decision, not hers. Asked if the whole cabinet had discuss this, she replied:
","elementId":"c8f9ed56-d044-4382-9098-42505e5e8942"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"7ab485a6-b985-44ba-9ec4-6ef276d83600"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"No, no we didn’t. It was a decision the chancellor made.
n
This is being interpreted as a hint that Kwarteng is being lined up to take the blame. It would be hard for Truss to sack Kwarteng over the 45% top rate decision when she appointed him and approved it herself, but she would not be the first prime minister to sack a chancellor for implementing a policy favoured by No 10. Ask Norman Lamont.
","elementId":"04bc1476-e1d4-442c-b736-7b9df15dba3e"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"In what may or may not be relevant, Tim Shipman reports in the Sunday Times today that it was Chris Philp, the chief secretary to the Treasury and Kwarteng’s deputy, who “during the leadership election wrote a paper for Truss recommending the abolition of the 45p tax rate”.
","elementId":"18c9d4ae-e2e3-4d3b-8437-a135e5ede212"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664700246000,"blockCreatedOnDisplay":"09.44 BST","blockLastUpdated":1664701061000,"blockLastUpdatedDisplay":"09.57 BST","blockFirstPublished":1664700782000,"blockFirstPublishedDisplay":"09.53 BST","blockFirstPublishedDisplayNoTimezone":"09.53","title":"Truss stresses that decision to abolish 45% top rate of income tax taken by Kwasi Kwarteng","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"633948d28f0883d28b586325","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"When politicians make mistakes, their natural inclination is to refuse to admit it, but the smart PR advice is almost always to offer some sort of apology, or admission of error. This is useful mainly because it is what voters want to hear. But it can also draw a line under the controversy, it stops the media banging on about “When are you going to admit that you made a mistake?” and it allows you to move on.
","elementId":"4ea51c61-df70-4886-bad6-00caa57fc842"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Liz Truss arrived for her interview this morning with a play of this kind up her sleeve. It was not an apology, but it was an admission of error. Talking about the disastrous impact the mini-budget had on the financial markets, she said:
","elementId":"7a7d380e-d172-48d1-ad81-8ca2675b0130"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"a191cb3b-7075-43bc-9698-e7823ebd07d1"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"I do stand by the package we announced and I stand by the fact we announced it quickly, because we had to act.
nBut 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.
n
This went further than what she has said before about the mini-budget. But it was about the feeblest form of “admission of error” conceivable, for three reasons. First, she was using a term that does not mean much to many people anyway (‘“laid the ground better” – what David Cameron used to call “pitch-rolling”). Second, later in the interview she came close to contradicting herself, implying that it did not really matter what people thought anyway. She said:
","elementId":"6b6dbfa5-636e-4a1e-ad42-f31c44ef04ed"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"b0512f1e-c78a-4d30-97a6-178bcd19c413"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"What I care about is making our country successful, making our economy successful. And I do think that there has been too much focus in politics about the optics or how things look, as opposed to the impact they have on our economy.
n
But the third and most important point of all is that Truss was not making any concessions on substance. At no point did she accept that any of the decisions in her mini-budget were wrong. She implied it was just a matter of presentation.
","elementId":"3e4a873f-5e63-47fd-8179-b4da49a9ee22"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The problem with this is that, as Michael Gove rather brutally pointed out immediately afterwards, that Tory MPs think otherwise. We cannot know for sure, but it seems likely that Gove was talking for a majority of Conservative MPs – perhaps even the vast majority? – when he said that abolishing the top rate of income tax now was indefensible.
","elementId":"ea48982b-a270-494b-b7c4-3f8404dba580"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"And that is why this was an interview that does not really help, and that still leaves her struggling at this conference to convince her party that she is not finished for good. (See 8.29am.) This interview was not a car crash in the way the local radio interview round was on Thursday. But equally it was not one that will help her much, if at all.
","elementId":"80119709-07d1-4c3f-adc3-7d5ed89893f0"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664698578000,"blockCreatedOnDisplay":"09.16 BST","blockLastUpdated":1664701200000,"blockLastUpdatedDisplay":"10.00 BST","blockFirstPublished":1664700128000,"blockFirstPublishedDisplay":"09.42 BST","blockFirstPublishedDisplayNoTimezone":"09.42","title":"Liz Truss's interview with Laura Kuenssberg - snap verdict","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"63394be68f08ec87f11065e9","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Gove says he is sure Liz Truss will be PM this time next year.
","elementId":"95cf41bf-eb0e-47cd-9204-4dd0e7e3f9e7"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"But there does need to be a “course correction”, he says. He says “reality bites”.
","elementId":"589bd5e9-6ea5-4a5e-a62c-ab6cfd12d0a8"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"He says the medium-term fiscal plan, scheduled for late November, will have to be brought forward.
","elementId":"3c754efb-e5d6-431e-a1e5-d71284ee5369"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: You are being quite critical this week. Are you trying to be helpful?
","elementId":"1f596578-b175-403b-acfc-2461c450ed4d"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Yes, he says.
","elementId":"944109c6-2135-48ad-8a2c-620aec3e489b"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664699366000,"blockCreatedOnDisplay":"09.29 BST","blockLastUpdated":1664699484000,"blockLastUpdatedDisplay":"09.31 BST","blockFirstPublished":1664699484000,"blockFirstPublishedDisplay":"09.31 BST","blockFirstPublishedDisplayNoTimezone":"09.31","title":"Gove calls for publication of fiscal plan to be brought forward, saying 'course correction' essential","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"633946db8f086bb4a78ecc4e","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Michael Gove, the former levelling up secretary, is still in the studio. Laura Kuenssberg asks him for his reaction. And it is brutal.
","elementId":"f5542a47-a616-4652-85f3-b20fbf615ab6"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"He starts by saying he was glad to hear Truss acknowledge that the events of the mini-budget need to be revisited. (She did not quite say that.)
","elementId":"591d0e8d-dd6d-47d0-a3c9-4aa45cd5c724"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"But he says there is an “inadequate realisation” at the top of government of the scale of the problem.
","elementId":"1b71354d-4adc-4cf4-a46e-d433945f39c4"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"67dda6f6-d5ff-4851-963d-83a09a526775"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"There is an inadequate realisation at the top of government of the scale of change required.
n
He says 35% of the borrowing in the mini-budget was for unfunded tax cuts.
","elementId":"8384746e-a978-4d68-b369-6e8f11fddb21"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"That is not conservative, he says.
","elementId":"8d386387-ae92-4744-8e66-276e5e9ceeea"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"And it is wrong to cut the top rate of income tax when people are suffering. He says cutting tax for the wealthiest “is a display of the wrong values”.
","elementId":"156beba7-9de7-41d3-9369-23a0edc90de0"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"64c6dfce-f943-4973-9cad-9648f3658990"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Ultimately, at a time when people are suffering … when you have additional billions of pounds in play, to have as your principal decision cutting taxes for the wealthiest, that is a display of wrong values.
n
Q: It sounds like you won’t be able to vote for this?
","elementId":"574be032-bf30-4b76-8c59-3a6dcc1d5863"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Gove says he does not believe the move is right.
","elementId":"c279fd19-3454-4a00-8138-e697ca9a08b0"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"UPDATE: Gove said:
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nThe second thing is the decision to cut the 45p rate and indeed at the same time to change the law which governs how bankers are paid in the City of London.
nUltimately, at a time when people are suffering, and you are quite right to point out the concerns people have not just over mortgages but over benefits, when you have additional billions of pounds in play, to have as your principle decision, the headline tax move, cutting tax for the wealthiest, that is a display of the wrong values.
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","elementId":"0318dab4-9644-4baa-bb0b-b814709e669c"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Truss says during the leadership contest she said she would simplify the tax system. She says budgets are never drawn up in consultation with the whole cabinet.
","elementId":"c94dd082-5866-4665-b237-779c9a9c6ff1"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"(The official government line is that this was not a budget.)
","elementId":"4bb6b74b-749b-46f4-9842-3526d8360c23"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664697334000,"blockCreatedOnDisplay":"08.55 BST","blockLastUpdated":1664697492000,"blockLastUpdatedDisplay":"08.58 BST","blockFirstPublished":1664697493000,"blockFirstPublishedDisplay":"08.58 BST","blockFirstPublishedDisplayNoTimezone":"08.58","title":"Cabinet as whole was not consulted about decision to cut 45% top rate of tax, Truss says","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"633943898f0883d28b586303","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: Will you keep the promise to raise benefits in line with inflation?
","elementId":"f6405b7c-3234-46f4-8b75-55e9c1220b01"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Truss says Chloe Smith, the work and pensions secretary, is looking at this.
","elementId":"d7878269-0c51-49d8-a038-f53198f6fc74"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"She says the poorest households are getting support from the energy package.
","elementId":"851405f3-73b3-4c62-b2cb-f53b333a5398"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: Will pensions go up with inflation?
","elementId":"96d1e3b4-172f-4efe-a340-0acd114394b4"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Truss says she has committed to the triple lock (which means pensions will go up at least in line with inflation).
","elementId":"eb662624-e819-407d-b58d-7c709daef656"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664697225000,"blockCreatedOnDisplay":"08.53 BST","blockLastUpdated":1664697330000,"blockLastUpdatedDisplay":"08.55 BST","blockFirstPublished":1664697330000,"blockFirstPublishedDisplay":"08.55 BST","blockFirstPublishedDisplayNoTimezone":"08.55","title":"Truss refuses to commit to raising benefits in line with inflation","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"6339431d8f086bb4a78ecc38","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: Will you increase departmental budgets in line with inflation?
","elementId":"cc7316c0-3c15-4e2a-a9e0-5caf08483eef"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Truss says she will not write future budgets on this show.
","elementId":"5cec4e67-4c1a-4c1b-8b53-982d20a40875"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"But her core aim is to maximise growth in the economy.
","elementId":"1752c897-c400-435b-af23-9b39cdb3de91"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"She is committed to “delivering great public services for people”.
","elementId":"2e2345cc-c8dc-495f-8c7a-9ba588106537"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: That is not the same as saying you will increase budgets in line with inflation.
","elementId":"e8a642c6-2a31-44d2-bc43-caf46237824e"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Truss says she is more focused on outputs than inputs.
","elementId":"cd466466-d05d-431b-873a-cfb968adece9"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664697117000,"blockCreatedOnDisplay":"08.51 BST","blockLastUpdated":1664697221000,"blockLastUpdatedDisplay":"08.53 BST","blockFirstPublished":1664697222000,"blockFirstPublishedDisplay":"08.53 BST","blockFirstPublishedDisplayNoTimezone":"08.53","title":"Truss refuses to commit to increasing departmental budgets in line with inflation","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"633942418f086bb4a78ecc34","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: Are you going to cut public spending?
","elementId":"b83da7c2-a62d-4abd-bbb2-831846820199"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Truss says the UK needs to “grow the size of the pie”. Low growth means less money for public services.
","elementId":"21eef5a0-499d-45ab-8657-75199ca7bdb4"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: Are you going to cut public spending? Simon Clarke, the levelling up secretary, implied this week the state was too large.
","elementId":"9225cb1d-48bf-4775-ac64-2f21b6f7af48"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Truss says she believes in getting “value for money for the taxpayer”.
","elementId":"7bd892c5-480c-4048-aa21-bc792a66dcca"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"There will be a long-term plan for reform, she says.
","elementId":"17e187c2-8fca-4258-a2ac-a09f09cdd792"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: Are you going to cut spending on public services?
","elementId":"a3ac0f7f-c72f-4074-8a79-27a99425ddc7"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Truss says she will make sure there is value for money for the taxpayers. But she also wants to ensure the country has excellent public services, she says.
","elementId":"3a125a23-270e-4c3c-94b5-695bf519b6cf"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: Are you going to cut public spending on public services. The fact that you won’t answer directly implies you will.
","elementId":"4cdde8bd-3f5e-4fde-bb91-710fd88b0bd2"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"No it doesn’t, Truss claims. She says she is not in a position to answer now.
","elementId":"7d6afcbc-5557-490b-b786-3997a1dc1252"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Reducing debt as a proportion of GDP depends on how fast the pie is growing, she says.
","elementId":"5d0d4947-1e9f-4abf-85ba-3f276638965e"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664696897000,"blockCreatedOnDisplay":"08.48 BST","blockLastUpdated":1664697670000,"blockLastUpdatedDisplay":"09.01 BST","blockFirstPublished":1664697109000,"blockFirstPublishedDisplay":"08.51 BST","blockFirstPublishedDisplayNoTimezone":"08.51","title":"Truss refuses to deny that she will cut public spending","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"633940fe8f08ec87f11065b7","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Liz Truss says interest rates are going up around the world.
","elementId":"8bf906bb-5bad-4d58-aceb-83d94156a33b"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"She understands people’s worries about that. And she says she would have prepared people for what would be in the mini-budget more effectively.
","elementId":"3d65b36c-fb24-432a-8131-dbea4d0e8324"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"3922464a-711b-4867-a22a-f4ff99c08343"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664696574000,"blockCreatedOnDisplay":"08.42 BST","blockLastUpdated":1664697633000,"blockLastUpdatedDisplay":"09.00 BST","blockFirstPublished":1664696680000,"blockFirstPublishedDisplay":"08.44 BST","blockFirstPublishedDisplayNoTimezone":"08.44","title":"Truss accepts presentation of mini-budget was flawed, saying government should have 'laid the ground better'","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"6339404b8f0883d28b5862e9","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"I do accept we should have laid the ground better. I have learnt from that. I will make sure in future we do a better job of laying the ground.
n
Laura Kuenssberg is now interviewing Liz Truss on the BBC.
","elementId":"e6296326-c4ab-42eb-a371-e562457b5ce8"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Michael Gove, the former levelling up secretary, is a guest on the programme. He says he wants to hear Truss reassure people. And he says Truss needs to show people she “shares their values”.
","elementId":"cd558231-64fb-4c2e-af7f-3ae4f5dce014"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"There were “a number of mistakes” made in the mini-budget, he says. But he says there is time to correct them.
","elementId":"bf748acf-84db-4b16-9d94-16fe39a46ce9"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664696395000,"blockCreatedOnDisplay":"08.39 BST","blockLastUpdated":1664696537000,"blockLastUpdatedDisplay":"08.42 BST","blockFirstPublished":1664696537000,"blockFirstPublishedDisplay":"08.42 BST","blockFirstPublishedDisplayNoTimezone":"08.42","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"63393e958f08ec87f11065a1","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Sophy Ridge is now interviewing Jake Berry, the Tory chair, on Sky.
","elementId":"d367fe9f-7f5b-4d3c-8342-407a22a9a171"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: Did you have a drinks celebration with Tory donors after the mini-budget?
","elementId":"3018b2c0-bfdb-4362-a7d1-45c17cdc1ff9"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Berry says he was there. It was an event for donors. It was not a specific event for hedge fund managers. But he knows that at least one hedge fund manager was there.
","elementId":"0205d135-93ef-4fcb-9ec1-75e9e757bf75"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: The Sunday Times says, as the markets were crashing, you were at the home of a Tory donors, with hedge fund managers and financiers who may have made money from the fall of the pound. How was that right?
","elementId":"a2f2f0b9-8edd-4e61-afff-387103cf1ffe"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Berry says he does not know that anyone did make money from the fall in the pound. And by the end of the week the pound was up, he says.
","elementId":"bc43c4c3-bec2-40e4-aef7-c8b9b8cd8dde"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: How was the chancellor’s mood as he was drinking champagne?
","elementId":"8b509b72-923a-49aa-80a3-7502cc166d12"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Berry says he does not think Kwasi Kwarteng was drinking champagne. He thinks he was having a soft drink.
","elementId":"a8a4091e-9342-4463-b672-1134b45fdb3b"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Q: The Sunday Times says Kwarteng gave “insights” into future policy at the event.
","elementId":"3451dc5a-e9db-4a3a-aaba-be570523f34b"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Berry says he did not hear that. Kwarteng gave a speech at the event. In that speech, he did not give any insight into future plans. And Berry says he is “sure” Kwarteng did not do that in private conversations either.
","elementId":"6dc45336-91df-4be8-b635-18911c279cad"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664695957000,"blockCreatedOnDisplay":"08.32 BST","blockLastUpdated":1664696309000,"blockLastUpdatedDisplay":"08.38 BST","blockFirstPublished":1664696309000,"blockFirstPublishedDisplay":"08.38 BST","blockFirstPublishedDisplayNoTimezone":"08.38","title":"Tory chair Jake Berry defends party holding champagne reception with City financiers on day of mini-budget","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"63392b508f0883d28b586288","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Here are some more lines from Liz Truss’s interview with Edward Malnick in the Sunday Telegraph.
","elementId":"a7394d5d-ba10-4ce9-ac9b-d5f322f30550"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"- n
Truss revealed that she wants to extend the number for firms that qualify as a small business, allowing them to benefit from lighter regulation. She said:
n
n","elementId":"28cf60f5-9d18-42e1-b1e7-ef059f4ddaa6"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"One of the things we’ll be announcing is raising the definition of a small business, in terms of regulation, from 250 employees to 500 employees.
n
Truss said this move would affect 40,000 firms, and “make it easier for them to get on with their business”.
","elementId":"444b217f-bc63-4f92-b9ee-e1025f666d14"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"- n
She confirmed that she wanted to increase certain types of immigration into the UK – although she rejected claims that low-skilled immigration would rise. Malnick reports:
n
n","elementId":"018aaa73-6197-4424-b13e-d0aadd9a0488"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The prime minister rejects claims that she wants to relax immigration rules to increase the number of low skilled migrants coming to the UK, as part of her plan to boost growth. “That’s not true,” she insists, with a frown.
nBut she appears to confirm that the government will increase the number of seasonal agricultural workers and other “high skilled people” given permission to work in Britain.
n“What we want to do, and the home secretary will be laying out more details on this, is make sure we’ve got the right mix of people coming into the country. So the high-skilled people that will contribute to the economy – I have also mentioned previously seasonal agricultural workers, for example, to help with farming. But this is not about getting lots of low skilled workers in, it’s getting people who will contribute to the economy.”
n
This is confusing beacuse normally seasonal agricultural workers would be described as low-skilled immigrants (even though, done properly, their work requires considerable skill).
","elementId":"823ef11e-0559-4c01-860f-7ad36524d741"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"- n
She wants to increase the number of childminders available by creating new childminder agencies, the Sunday Telegraph says. Malnick reports:
n
n","elementId":"b094b77b-855c-4c33-b4a5-d394a0fcf9ee"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The Telegraph can also reveal today that one plan being worked up is to increase the number of childminders by boosting the number of specialist childminder agencies. The agencies are registered to be inspected by Ofsted, reducing the administrative burden on individual workers. Ms Truss championed the idea while childcare minister between 2012 in 2014.
n
- n
She accepted that people would find change “worrying” but she said sticking ith the economic status quo was not an option. She said:
n
n","elementId":"48b50ec5-330e-4f0b-a5c7-d86d8daceff2"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Change is always something that people might find worrying. But what I’m fundamentally saying is we do have to change, and the status quo isn’t an option …
nWe made promises to people in 2019 that things would be different. And what does that mean? It means more opportunities, higher wages, more investment, and those are all the things that I am seeking to unlock.
nOf course, there’ll be resistance to that. Because there is quite a strong consensus around what I describe as a high tax, low growth economy. But ultimately [with] a high tax low growth economy the country becomes poorer.
n
- n
She defended the decision not to ask the Office for Budget Responsibility to publish a new economic forecast with the mini-budget, implying there was not time. She said:
n
n","elementId":"1001a5c0-480c-4e15-bbc2-d11d9592ad5d"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"During Covid we acted quickly and decisively on things like the furlough scheme without an OBR forecast, because the situation was urgent. And I and the chancellor believe that the situation is equally urgent, now, and here.
n
But the OBR has said it would have had time to publish a forecast alongside the mini-budget, although it has conceded that it would not have been as detailed as normal, because of the lack of time.
","elementId":"bcdc6541-9ed7-464a-b62c-839d9912e992"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"- n
She confirmed she will be attending the inaugural summit of the European Political Community (EPC) in Prague later this week. She said:
n
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BST","blockLastUpdated":1664695746000,"blockLastUpdatedDisplay":"08.29 BST","blockFirstPublished":1664695746000,"blockFirstPublishedDisplay":"08.29 BST","blockFirstPublishedDisplayNoTimezone":"08.29","title":"Truss says she will extend number of firms qualifying as small businesses, allowing them to benefit from less regulation","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"},{"id":"6339213b8f086bb4a78ecb98","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The reason I’m going to Prague on Thursday is I want to be talking to counterparts across Europe, including ones that are in the European Union and ones that aren’t – it’s a wide variety of countries – about migration, and how we collectively deal with migration. It’s not a problem Britain can solve on our own.
nWe have a lot of countries people are travelling through to get to Britain. So we need a better solution on that, we need to deal with the problem upstream, so that’s what we’ll be talking about, but also energy.
n
Good morning. During the Tory leadership contest an internal Labour party document, leaked to the media, said that the election of Liz Truss could deliver a 10-point boost in the polls. The briefing, which was received with some scepticism, was intended to stop Labour getting complacent, and it was based on historical figures showing that in the past having a new prime minister normally has resulted in a bounce in the poll. It is now clear that the memo was much more prophetic than anyone realised – only it is Labour that is benefiting from the bounce, not the Conservative party, and that the bounce is worth much more than 10 points.
","elementId":"96ef98ae-8382-414d-bb72-6ea434d1d2cc"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Of course, it was the mini-budget, not Truss’s election as Tory leader, that made the difference, but that distinction won’t be much consolation to Conservative MPs as they start their conference today in Birmingham. The main divide in the party at the moment is probably between those who think that the damage done by the mini-budget to Truss’s premiership is terminal, and those who think there is some slight chance of recovery.
","elementId":"fbee2ba5-9a55-4447-8fa8-2f267e8b93d2"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Here are the latest polling figures from Opinium, which are covered in the Observer.
","elementId":"945990cd-6863-4edc-8a18-1e2524cfb471"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"n","url":"https://twitter.com/OpiniumResearch/status/1576322420515840002","id":"1576322420515840002","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"bda99f39-6242-481d-82f5-c14121e9b6d8"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"🚨LATEST @OpiniumResearch /@ObserverUK poll🚨
— Opinium (@OpiniumResearch) October 1, 2022
With the Conservative Party Conference starting today, our latest poll shows Labour's lead has shot up from 5 points to 19 over the Conservatives.
Con 27% (-7)
Lab 46% (+7)
Lib Dem 9% (-1)
Green 6% (-1) pic.twitter.com/0v4OICeR01
n","url":"https://twitter.com/OpiniumResearch/status/1576328599233531904","id":"1576328599233531904","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"cb4584ca-5982-4b1e-a819-d2b43ea6c77f"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The Conservatives have lost a huge amount of their economic credibility.
— Opinium (@OpiniumResearch) October 1, 2022
When we last asked this question on 9th Feb, the Conservatives led on ‘running the economy’ by 1 point, and led on bringing down the national debt and deficit by 4 points. Now Labour leads on both of these pic.twitter.com/y1yj0m1NPI
Truss will be on BBC’s Sunday with Laura Kuenssberg later. (The programme starts at 8.30am, but Truss will probably be on soon after 9am.) It will be her first in-depth TV interview since the mini-budget debacle, and she will be hoping it goes better than her local radio media round on Thursday.
","elementId":"b95027a4-8527-4ba3-a4e2-05ca813e04ab"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"She has given an indication of what she is likely to say in an interview with the Sunday Telegraph in which she insisted that she was going to retain all the measures announced in the mini-budget (many Tories want her to shelve, or abandon, the abolition of the 45% top rate of income tax) and said that Kwasi Kwarteng, the chancellor, was doing “an excellent job”.
","elementId":"6b93262b-cd10-477b-9b8e-ff02c9b9b80a"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Stressing her belief that economic change is necessary, and her desire to “bring people with me on this journey”, Truss also claimed her critics were “declinist”. She told the Sunday Telegraph:
","elementId":"eb37fd61-1e07-4cb6-ba79-c90a35c9c0ee"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"n","elementId":"6e6b1be1-35d2-4935-89f5-13d949a8098d"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"It’s a declinist mentality, the idea that Britain’s best days are behind us and that all this is about is managing the distribution between people, rather than growing the size of the pie. I believe we can grow the size of the pie. But we need to take the tough decisions to do that.
n
Here is the agenda for the day.
","elementId":"ec5a78e8-7c71-4230-80ab-e6d815591932"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"8.30am: Jake Berry, chair of the Conservative party, is among the guest on Sky’s Sophy Ridge on Sunday.
","elementId":"d776778c-3757-471d-ac98-477ef6f2ce88"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"8.30am: Liz Truss is interviewed on the BBC’s Sunday with Laura Kuenssberg. Rachel Reeves, the shadow chancellor, is also being interviewed.
","elementId":"2a0959f2-8dba-4388-b08b-92d6cade2d87"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"From 12pm: Conference fringe events start.
","elementId":"d6b99a0c-540d-4af2-9002-0ed441dcc983"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"3pm: Michael Gove, the former levelling up secretary, takes part in an ‘in conversation’ fringe event organised by the Tory thinktank Onward.
","elementId":"19b91457-8f5c-4848-96e8-a30d72d80d42"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"4pm: The formal conference proceedings start, with speeches from Penny Mordaunt, leader of the Commons; Andy Street, mayor of the West Midlands; Jake Barry, chair of the party; Chris Heaton-Harris, Northern Ireland secretary; Douglas Ross, Scottish Conservative leader; Andrew RT Davies, Welsh Conservative leader; Robert Buckland, Welsh secretary; and Ben Wallace, defence secretary.
","elementId":"3f54278d-c22b-42d6-a0f8-a35a92cc28e7"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Comments will be opened later today. I try to monitor the comments below the line (BTL) but it is impossible to read them all. If you have a direct question, do include “Andrew” in it somewhere and I’m more likely to find it. I do try to answer questions, and if they are of general interest, I will post the question and reply above the line (ATL), although I can’t promise to do this for everyone.
","elementId":"76697f79-b522-43e1-869d-a22f3f868a91"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"If you want to attract my attention quickly, it is probably better to use Twitter. I’m on @AndrewSparrow.
","elementId":"36ed5b76-fc6e-4bbd-8129-9e8ff5dbf8a6"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Alternatively, you can email me at [email protected]
","elementId":"9c78f379-a4fb-4897-9f1c-b13f20d7474a"}],"attributes":{"pinned":false,"keyEvent":true,"summary":false},"blockCreatedOn":1664693926000,"blockCreatedOnDisplay":"07.58 BST","blockLastUpdated":1664694031000,"blockLastUpdatedDisplay":"08.00 BST","blockFirstPublished":1664693926000,"blockFirstPublishedDisplay":"07.58 BST","blockFirstPublishedDisplayNoTimezone":"07.58","title":"Liz Truss says her critics are ‘declinist’ before Laura Kuenssberg interview at opening of Tory conference","contributors":[],"primaryDateLine":"Sun 2 Oct 2022 13.42 BST","secondaryDateLine":"First published on Sun 2 Oct 2022 07.58 BST"}],"filterKeyEvents":false,"id":"key-events-carousel-mobile"}">filter BETA
Q: You said it would be 18 months before the next election. Do you think it will be in May 2024?
Who knows when it will be says Berry.
You probably know, he says Hope.
berry says that in the normal course of things it would take about 18 months.
Q: Why would people in Red Wall Seats cut the top 45% tax rate?
As Red Wall Seats stand to benefit the most from additional growth, berry says.
He says it’s a mistake to think the Red Wall voices want a Labor-Lite government. They wanted a conservative government.
When people feel better, they will support the government.
Q: Has the party not explained the need for the change?
berry says it could have been done better.
Michael Gove is done answering questions on the Telegraph side. Christopher Hope is now wondering Jake Berry, the leader of the Conservative Party.
Q: You are the 11th party leader in 13 years. How long will you be in your job?
berry says he hopes to remain in office until the election.
Q: What is your message to Michael Gove, who says the top tax rate should remain at 45%?
berry says getting rid of it is the right decision. He says under Labor the top rate was 40%. At this point it is decided what will happen to those who vote against.
TO UPDATE: From Mail Online David Willock
Rees-Mogg was booed by protesters shouting “Tory scum” as he arrived at the conference
Jacob Rees-Mogg was loudly booed by hundreds of protesters in Birmingham, reports PA Media. PA says:
The Business Secretary was accompanied by several police officers as he walked through Victoria Square, where protesters had gathered to vent their anger at the government as the Tory conference got underway in the city.
The crowd chased him, jeering and booing while some shouted “Tory scum”.
Protesters furious at Liz Truss’ economic plan carry signs reading ‘unelected, unaccountable, out of joint’ and ‘wages up, bills down, tories out’.
Q: Why do you oppose increasing the number of high schools?
Walk says parents and students don’t choose high schools; High schools select students.
And that favors the better off, he says.
He wants high school standards to apply in all schools.
Q: Have you spoken to other Tory MPs about tackling the mini-budget? And what else should be deleted from it?
Walk says he hasn’t spoken to colleagues about it.
On the second point, he says that the OBR forecast needs to be released soon so that MEPs can have a balanced view on what should happen next.
Gove says the government should abandon a plan to end the top 45% tax rate
Walk questions from the audience. One man says Gove told the party to meet after the leadership contest. Is he actually following his own advice?
Yes, says Gove.
He says he has two concerns about the mini-budget: the unfunded tax cuts and the removal of the 45 percent top tax rate. It would be “wise” to think about this policy, he says.
Q: You mean they should be dropped?
Walk says removing the 45% is wrong. The government should drop the idea, he says.
This was hinted at by what he said on BBC Sunday with Laura Kuenssberg, but he’s clearer here.
Q: Are you for a new royal yacht?
(Christopher Hope ran the Telegraph’s campaign for one.)
Walk says he supports the idea in principle but thinks it shouldn’t be a priority for public spending right now.
Q: Are there parallels between Liz Truss and Jeremy Corbyn? Neither received the support of a majority of their MPs.
No way says Walk. He says Corbyn is “an eccentric fringe figure with unsavory friend and bonkerony views.” Truss is highly effective and very intelligent. People shouldn’t underestimate them, he says. She has “impressive skills”.
He says he hopes she’ll correct course on one or two points.
Q: Is the party imploding right now?
No, says Walk. Journalists tend to oversimplify and exaggerate. The Tories have an opportunity to take stock and reflect, he says.
Walk says he’s still a Boris Johnson fan despite everything that’s happened.
He says he’s for growth. But also George Osborne and Rishi Sunak.
He says one of Liz Truss’ strengths is her ability to refine a truth and focus her intellectual strength on it.
Walk says he is “cautious” about the decision to reverse the increase in Social Security and cancel the planned corporate tax hike. But Liz Truss had a mandate to make those decisions after the leadership contest.
But she had no mandate to abolish the top tax rate of 45 percent, he says.
He says he welcomes the fact that Truss hinted in her interview this morning that a “course correction” might be possible. (That’s not really what she implied.)
Q: How would you vote on this tax cut if the vote was tomorrow?
Walk says the vote isn’t tomorrow, so it’s time for the situation to change.
According to Michael Gove, people voted for a nation’s government in 2019
Michael Govenow considered by some the leader of the Tory opposition to Liz Truss, speaking at the Telegraph’s Chopper’s live politics fringe meeting. “Chopper” is Christopher Hope.
Gove speaks of being “relieved of public service obligations by the Prime Minister” (i.e. being sacked by Boris Johnson). When asked why he’s doing so many fringe meetings this year, he says he was invited before he left the cabinet.
Q: Are you worried about your party’s shift to the right?
Walk says such words do not describe what is going on.
The majority Johnson won in 2019 was a “one-nation majority,” he says. The party gained support from people who were not wealthy. They wanted a compassionate one-nation government.
Q: So Liz Truss doesn’t have a mandate?
Walk says that every PM has to react to new circumstances. It was right to respond to the fuel crisis and examine what can be done to stimulate growth.
But the government must also take care of the most vulnerable.
It will be “very, very, very difficult” to argue for social cuts if taxes on the rich are cut.
It’s going to be very, very, very difficult to argue that cutting welfare is the right thing to do when we’re also cutting taxes on the richest.
Tory leader Jake Berry says people facing higher fuel bills can cut consumption or get a better job
In his interview with Sophy Ridge on Sky this morning, Jake Berry, leader of the Conservative Party, also said that people struggling to pay their fuel bills could either cut back on their fuel consumption or get a better job. He stressed that the government must economize and he said that’s how budgets work. He said:
People know that when their bills come in, they can either cut back or get a higher salary, higher wages, get out and get that new job.
