# Liz Truss insists her radical mini-Budget measures WOULD have worked

- URL: https://talkfuse.com/story/liz-truss-insists-her-radical-mini-budget-measures-would-have-worked/
- Published: 2026-10-24T21:35:13+00:00
- Updated: 2026-10-24T22:07:54+00:00
- Original publisher: Daily Mail (publisher lean: Right)
- Original article: https://www.dailymail.com/news/article-16236239/Liz-Truss-radical-mini-Budget-measures-worked.html?ns_mchannel=rss&ns_campaign=1490&ito=1490
- Topics: World

## Key points

- Truss says her 2022 tax-cut plan would have improved public finances.
- She blames the Bank of England and establishment for the market turmoil.
- Andy Haldane warns that Britain’s fiscal position remains precarious.

## Summary

Liz Truss has defended her 2022 mini-Budget, arguing that its tax cuts would have left Britain’s public finances in better shape than they are now. In her new book, she blames the market turmoil that ended her 49-day premiership on the Bank of England and what she calls the financial establishment, while criticising the current government’s economic direction.

The mini-Budget included £45 billion in tax cuts, including a proposed reduction in the top income tax rate; bond yields rose and the pound fell after it was announced. Truss points to the 30-year government bond yield now exceeding 6 per cent as evidence of wider distrust, while the article says Chancellor John Healey is expected to make modest, targeted spending commitments funded partly by taxes on banks and reduced fiscal headroom. Former Bank of England chief economist Andy Haldane has warned that spending cuts are needed to avoid a similar crisis, while former minister Conor Burns sharply criticised Truss’s account.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.