Jeremy Hunt praised Liz Truss’s economic goals as commendable and downplayed the impact of her failed mini-budget on the economy, as revealed in leaked recordings obtained by the Guardian.
During a meeting with students, the chancellor expressed his intention to pursue similar objectives to the former prime minister but at a more gradual pace.
In a surprising move, Hunt, who is facing a tough re-election battle, distanced himself from the government’s stance at a local event, emphasizing his individuality as “Jeremy Hunt.”
Despite criticism, Hunt commended Truss for owning up to her mistakes and refused to acknowledge any lasting negative effects on the economy from her policies.
Labour seized the opportunity to criticize the Conservatives for their unwavering support of what they termed “dangerous Trussonomics.”
Following Truss’s dismissal of Kwasi Kwarteng, Hunt took over as chancellor and made significant changes to stabilize the economy, earning him the unofficial title of the country’s de facto prime minister.
In contrast to Rishi Sunak’s warnings about Truss’s economic policies, Hunt refused to acknowledge their impact, setting the stage for further political debate.
The Conservative manifesto promises additional tax cuts, changes to national insurance contributions, and other financial incentives to benefit various sectors of society.
Darren Jones, the shadow chief secretary to the Treasury, criticized the Tories for their continued support of Truss’s economic agenda, highlighting the negative consequences it had on the public.
Hunt’s remarks at a meeting with the Oxford University Conservatives shed light on his approach to taxation and economic policies, hinting at a continuation of Truss’s legacy.
2024-06-17 23:00:04
Original from www.theguardian.com