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Liz Truss loses seat as ex-prime minister becomes biggest scalp in Tory bloodbath
(www.independent.co.uk)
this post was submitted on 05 Jul 2024
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This is the best summary I could come up with:
Johnny Mercer, Grant Shapps, Gillian Keegan, Lucy Frazer, Penny Mordaunt, Michelle Donelan, Alex Chalk, David TC Davies, Victoria Prentis, Mark Harper and Simon Hart are among the Tory big beasts who fell as Sir Keir’s party swept to victory.
She attended the Conservative Political Action Conference in the US earlier this year and took part in an interview with Steve Bannon, who served as a senior White House aide to former Republican president Donald Trump, and she remained silent as he hailed English Defence League founder Tommy Robinson as a “hero”.
Using more than £70 billion of increased borrowing, he sets out a package which includes abolishing the top rate of income tax for the highest earners and axing the cap on bankers’ bonuses while adding restrictions to the welfare system.
The PM admits she could have done more to prepare the ground for Mr Kwarteng’s financial statement, and she faces accusations of throwing her Chancellor “under the bus” by saying the abolition of the 45p top rate of tax was made by him, and not discussed with the Cabinet.
In an unusual intervention, US President Joe Biden appears to join in the criticism of Ms Truss’s original plan, telling reporters “I wasn’t the only one that thought it was a mistake” and calling the outcome “predictable”.
October 18: Ms Truss survives a meeting of the Cabinet without any ministers calling for her to quit, while Mr Hunt tells colleagues they must review departmental budgets to find ways to save taxpayers’ money.
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