What went wrong for Liz Truss?

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The Independent

As Conservative MPs prepare to elect our third prime minister of the year, what is next for the UK's government?

The game is up, the short, brutal and unhappy Truss era is over. It can’t be looked back upon with much affection, but it was nonetheless a significant time.
And so here we are, 2022, the year of two monarchs and three prime ministers. The year when the British constitution was tested to the limit yet again. The year when the Tory party finally ran out of talent and ideas. But 2022 has more excitement in store.
And crucially, what did Liz Truss do wrong?
Most of all, she got her economic policy wrong, which was largely down to a fundamental misunderstanding about how markets work, and how fragile Britain’s economy actually is, our associate editor Sean O’Grady writes.
“She and her chancellor Kwasi Kwarteng were incredibly arrogant. Those were unforced errors. She couldn’t recover from them”, summaries O’Grady.
He added: “The demise of Truss proves – were it needed – that the Conservative government has run out of ideas, out of discipline and is running extremely low on talent. Indeed, those triple deficits are interrelated.
“After 12 years in office, their attempts to blame Tony Blair and Gordon Brown for their own failings is pathetic, and the public has run out of patience with their excuses. Convenient conspiracy theories about “globalists”, Remainers, the establishment and the “blob” feed a myth that Truss wasn’t allowed or didn’t have the chance to put her policies in effect.”
But that is just the start, there is so much more to discuss, so join us for our next virtual event being held on Tuesday, October 25, where we will be discussing exactly where Truss did go wrong and what is likely to happen next.
The event will start at 6.30pm, last an hour and will be held on Zoom.
It is being hosted by our chief political commentator John Rentoul. He will be joined our Sean O’Grady and economist Julian Jessop.
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What went wrong for Liz Truss?

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