Former British Prime Minister Liz Truss has blamed the “very powerful economic establishment” for her failure to realise her low-tax, high-growth economic vision in her brief time in office.
Truss was forced to quit as prime minister in October after just 49 days in Downing Street, as the financial markets were plunged into turmoil after her chancellor Kwasi Kwarteng announced a £45 billion ($54 billion) package of tax cuts in his “mini-budget,” which was to be funded with government borrowing instead of spending cuts.
