Sajid Javid has endorsed Liz Truss in a damaging blow for Rishi Sunak’s campaign, warning that Sunak’s economic prescription would mean “sleepwalking into a high-tax, low-growth” economy.also gave a boost to Truss’s campaign, putting her 32 points ahead with party members, a day after YouGov showed similar results.
“I fought for strong fiscal rules in our last manifesto,” Javid wrote in an article for the Times. “But the circumstances we are in require a new approach. Over the long term, we are more likely to be fiscally sustainable by improving trend growth. Experts have warned that the UK’s annual inflation could go as high as 15% by the start of 2023, driven by sharp increases in energy prices pushing up the cost of living. Thethinktank said previous forecasts were likely to be incorrect and that pressures on prices would last longer and be more intense.
Both Truss and Sunak embarked on a day of ground campaigning before three major hustings and debates over the next three days. Truss’s campaign has been buoyed up by two polls showing a surge in support, a day after she was forced to ditch a policy on regional pay boards after an outcry from MPs. “The YouGov polling is absolute nonsense: they have no data on our members, so they can’t weight it properly,” a Sunak-backing MP said.
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