Liz Truss says current economic path is ‘risky’ and could led to a recession

Tory leadership contender Liz Truss said “carrying on on the same economic path which is currently forecast to lead us to recession” is “risky”, and the number one priority should be avoiding recession. Asked if cutting taxes with borrowed money will increase inflation, she told reporters in Norfolk: “The tax cuts I’m proposing are all about increasing the supply in the economy.

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