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Truss won’t reverse income tax or NI cuts, because Labour supports them; so may have to phase in Sunak’s corporation tax rises

I rather strongly suspect most Tory MPs are not in this group. They are, instead, scared witless by what has happened. They, of course, did not choose Truss. Many of them actively did not want her. Many voted for Sunak or Mordaunt.

But even if Truss & Kwarteng adopt all of Sunak’s policies, it won’t save them at the next election, as I argued yesterday

The only way a Truss govt could have worked would have been to bring Sunak & Gove in & agree every single policy with them

The payments include £18,860 for Mr Johnson, £16,876 for former cabinet ministers including Mr Sunak, Priti Patel and Michael Gove

Tory MPs should replace Truss with Sunak; they would still be bitterly divided, the membership would revolt, but they would save some seats

If Tory MPs install sunak'>Rishi Sunak instead "confidence in UK financial management would swing back and we would have a decent chance of scrambling though the next two years in an OK shape," argues @HamishMcRae5  #LizTruss  #Trussonomics 

If Tory MPs install sunak'>Rishi Sunak instead "confidence in UK financial management would swing back and we would have a decent chance of scrambling though the next two years in an OK shape," argues @HamishMcRae5  #LizTruss  #Trussonomics 

NEW: Another former cabinet minister speaks out about Liz Truss’s plans. Grant Shapps — who backed sunak'>Rishi Sunak for the leadership — tells #bbcnewsten  @BBCOne  & @thetimes  that the tax cut for the richest is a mistake and won’t get majority Commons support

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Just wait until sunak'>Rishi Sunak finds out which party has been in power for 12 years - and who served as Chancellor.

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There is a story doing the news rounds this morning that Sunak has cost the government £11 billion by failing to manage government interest rates properly. But the real story is much worse than that. This is about banks winning at cost to us all, yet again...a thread to explain.

EXCLUSIVE: In a leaked video, sunak'>Rishi Sunak boasted to Conservative Party members that he was prepared to take public money out of “deprived urban areas” to help wealthy towns. @REWearmouth  reports:

EXCLUSIVE : A video shared with the New Statesman showed Sunak boasting to Conservative Party members that he was prepared to take public money out of “deprived urban areas” to help wealthy towns.

I spent yesterday writing about the technicalities of domicile as they might impact RishiSunak’s wife. But that’s because her tax decisions cast doubt on his suitability for office. Another thread, this time in the man himself ….

Just so we're clear: Sunak, Javid and all the other Tory MPs abandoning Boris Johnson aren't acting from "principle" or "honour". They've known what he's like from the beginning. They're abandoning him because they now think his leadership threatens their interests. That's it.

This week we found out that sunak'>Rishi Sunak: 🛑 Blocked an increase of the energy bill rebate from £200 to £500. 💵 Donated £100,000 to top boarding school Winchester College. ✈️And his ultra-rich wife claims non-Dom tax status. He's not on your side.

sunak'>Rishi Sunak does not thing we need a government enquiry into furlough fraud, PPE fraud or Covid loan fraud, but he does want a government enquiry into who leaked his tax affairs. How egotistical is that?

Rishi Sunak’s family have £727m stake in Infosys that Lesia Vasylenko, a Ukrainian MP, warned on Friday was helping to "fund bullets that are killing children and civilians". Sunak wants everyone else to cut business ties with Russia.

sunak'>Rishi Sunak found £4,000,000,000 in tax cuts for wealthy bankers, but refused the £20-a-week Universal Credit uplift to struggling working class families. That tells you about the priorities of this super-rich Tory Chancellor.

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