Truss ‘willing to be unpopular PM’ with measures targeting economic growth

Liz Truss has said she is willing to be an unpopular Prime Minister to bring in measures she believes will grow the economy, as she admitted her tax cuts will disproportionately benefit the rich. Ms Truss confirmed she would be reversing the national insurance hike and axing the planned increase to corporation tax, ahead of Chancellor Kwasi Kwarteng’s mini-budget on Friday. The new Tory leader also effectively confirmed a plan to scrap the cap on bankers’ bonuses as she argued she needs to make “difficult decisions” under her gamble to go for growth.