The Independent

The facts that prove Trussonomics was always doomed to fail

Source: PA

After the most disastrous stint in Downing Street in living memory, Liz Truss has released her memoir.

In ‘Ten Years to Save the West’, the former PM argues she was ousted by the establishment and makes a play for the ideological heart of the Tory Party.

The collapse of her project, known as “Trussonomics”, dealt a hammer blow to the Tory party’s long-held reputation for fiscal responsibility and careful economic planning.

Former prime minister Liz Truss sat alongside her former friend and chancellor Kwasi Kwarteng (PA)

Her mini-budget, concocted with then-chancellor and ideological bedfellow Kwasi Kwarteng, promised £45bn of unfunded tax cuts - the largest since 1972.

The argument was that increased borrowing for tax cuts, which targeted the wealthiest in society, would be paid for with higher economic

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