Liz Truss has publicly criticized Conservative shadow chancellor Mel Stride for disavowing her 2022 mini-budget, arguing that it reflects a larger issue within the party's fiscal policies. Stride, in a recent speech, condemned her unfunded tax cuts, asserting they jeopardized the party's economic credibility. This marks a significant fracture within the party under leader Kemi Badenoch, who is accused of perpetuating outdated fiscal principles. Truss maintains that Stride's stance undermines growth and is counterproductive for the Conservatives' political future, calling for an acknowledgment of past economic missteps.
Stride's insistence at a speech in London that never again would the Conservatives offer up a largely unfunded package of tax cuts is the first time that the party hierarchy under its leader, Kemi Badenoch, has definitively cut itself off from Truss.
He added: They would plough ahead with huge additional welfare spending, as well as tax cuts, with no plan for how to pay for any of it.
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