Knives out: A spokesperson for Sunak’s campaign said the IFS release “drives a coach and horses through Liz’s economic plan” and insisted that Sunak “has consistently made the case that permanent, unfunded tax cuts would cause significant damage to the public finances and push inflation up higher.”įightback: The Mail carries a full-page op-ed from former Tory leader and Sunak backer Michael Howard, who argues the former chancellor is telling people the “unvarnished truth” and suggests that his decision to bring down Boris Johnson’s government by quitting is akin to Tory MPs refusing to support Neville Chamberlain in 1940, paving the way for Winston Churchill. “It is hard to square the promises that both Ms Truss and Mr Sunak are making to cut taxes over the medium-term with the absence of any specific measures to cut public spending and a presumed desire to manage the nation’s finances responsibly.” It makes the front of the Times. That makes tax and spending decisions all the more difficult,” Deputy IFS Director Carl Emmerson said. In their words: “The reality is that the U.K. In a WhatsApp message to MPs on Tuesday, Kwarteng replied to this graphic of the “gang of five” who are backing Sunak by saying: “Looking at that poster, it would be nice to have a female chief whip!” Playbook is told it was a playful comment.įiscal fairytales: After yesterday’s inflation figures put CPI at 10.1 percent, the Institute for Fiscal Studies takes both candidates to task over the idea that large permanent tax cuts are feasible in the current climate.
And if he has anything to do with it, it seems the Tories may soon have their first female chief whip. No one forgets a switcher and it tends to end badly for them.”Ĭabinet of firsts: If she does win, Truss is universally expected to appoint the U.K.’s first Black chancellor in Kwasi Kwarteng.
Not taking it well: A Team Sunak insider told the Guardian: “Those who switch are doing it purely for their own careers and it’s spineless. The problem for her is that a large number of these new converts (and her supporters more generally) will be annoyed when they are inevitably overlooked for jobs. That said: Playbook is not sure it counts as real support when many of these MPs are clearly piling in behind Truss at the last minute in the hope of currying favor with her government. There are persistent rumors that more Cabinet ministers are mulling a switch. It seems Team Truss has been hard at work to redress that - Pippa Crerar and Peter Walker report in the Guardian that Mark Fullbrook, who hopped from the Zahawi and Mordaunt campaigns to Truss’, has been holding long phone calls with wavering MPs.
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POLITICO’s list, fully up to date with the latest defections and declarations, is up on our leadership race hub.Ĭharm offensive: The Truss campaign is full of glee, given one of Sunak’s main sells has been that he enjoys the support of a bigger section of the parliamentary party. Last night Guido put the total for Truss at 152 to Sunak’s 125. Most significantly, members were asked whether they’ve already cast their votes and 60 percent said yes.Īnd in the parliamentary party: MPs certainly know which way the wind is blowing: ConHome’s updated list of who’s backing whom finds Truss has overtaken Sunak, with 136 supporters to 124. The state of the race: One thing, at least, remains constant - Liz Truss has an unassailable lead in the Tory leadership contest, according to the latest ConHome panel survey, which puts her on 60 percent to Rishi Sunak’s 28. and are expected to bring about a painful reversal of COVID grade inflation. A-Level results will be handed to pupils from around 8 a.m. Only a fifth of services will be running - check before you travel (and brace for the Tube strike tomorrow). While you boil the kettle: Rail workers walk out this morning in a dispute over pay, potential job losses and working conditions. wakes up today to double-digit inflation, total chaos on the transport network, endless waits for ambulances, post-heat wave flash flooding, sewage pouring onto beaches and the most disruptive set of A-Level results since WWII - with just over two weeks left for Liz Truss and Rishi Sunak to fight over who gets to inherit this mess. Esther Webber will round off the week tomorrow.
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