Thatcher ministers turn on Liz Truss over tax cut plans

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Thatcher ministers turn on Liz Truss over tax cut plans
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Chris Patten, Norman Lamont and Malcolm Rifkind warn former PM would never have approved borrowing to fund £30bn cuts

Truss has denied claims she has attempted to model herself on Margaret Thatcher for the leadership race.Truss has denied claims she has attempted to model herself on Margaret Thatcher for the leadership race.First published on Sat 23 Jul 2022 19.00 BST

Chris Patten, Norman Lamont and Malcolm Rifkind all said that the former Tory leader would not have supported the tax-cutting plans. Patten said: “Margaret Thatcher was a fiscal Conservative who did not cut tax until we had reduced inflation. She was honest and did not believe in nonsense.” “Not only do I think it’s the wrong thing for the economy, I also believe that it’s immoral because there is nothing noble or good about racking up bills on the country’s credit card that we pass on to our children and grandchildren,” he said.

Rachel Wolf, co-author of the 2019 Tory manifesto, said the leadership candidates needed to start talking about the agenda promised to voters in newly won seats to ensure the gains made at the last elections were not squandered. “This 2019 offer won by a landslide,” she said. “Every single focus group that we’ve done on myriad areas has confirmed that this offer is what people look for.

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