Former chancellor suggests rival’s plan for dealing with UK crisis is implausible
And here is a full summary of the main lines fromSunak refused to commit to voting for Liz Truss’s emergency budget if she becomes prime minister.He defended his decision not to back plans to freeze the energy price cap at the current level - saying this would require too much government borrowing.
I think that is a gamble with people’s savings, with their pensions, with mortgage rates, in making inflation become more embedded, and that won’t help anybody if that happens, because inflation makes everybody poor. It’s pernicious.He said plans that implied government did not need to make difficult choices were generally “too good to be true”.
One thing I admire and respect about [Thatcher] … is that she was prepared not just to say the easy things that people may have wanted to hear, she said the things that may have been difficult to hear but were right for the country, and had the courage of her convictions. And that’s a standard that I hold myself to.
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