Liz Truss Defends Controversial Mini-Budget

Former UK Prime Minister Liz Truss has released a video defending her controversial mini-budget from two years ago, claiming that the economy would be in better shape had her policies been implemented as intended. Truss argued that her proposal for £45 billion in unfunded tax cuts, aimed at reversing economic decline, was sabotaged by the economic establishment, including the Bank of England's regulatory failures and misleading reports from the Office for Budget Responsibility. She suggested that, without this interference, the UK would have experienced lower energy bills, increased corporate investment, and a more dynamic economy. Despite her assertions, social media users have criticized her claims, pointing to the disastrous consequences of her mini-budget which included skyrocketing mortgage rates and a significant loss of investor confidence. The Labour Party has also emphasized the long-term damage caused by her fiscal decisions, which contributed to her resignation after just 49 days in office. Truss's remarks come as the Labour Party prepares to outline its own economic plans at their conference.