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Liz Truss

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56
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2022-12-05
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2022-12-05
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  1. It was going to be particularly bracing for those truss blamed for persisting with economic policies that had produced only anaemic growth for the past two decades. Those who embodied the treasury orthodoxy, as Aesa Bennett explains.

    2022-12-05 · Political Thinking with Nick Robinson · The Liz Truss's Big Gamble One · IDENTIFIED FROM THE TRANSCRIPT · source

  2. It was at Chevening the Foreign Secretary's country residence in Kent that Liz Truss gathered around her most trusted aides and advisers, and a handful of those who shared her belief in the need for an economic revolution. Amongst them Simon Clark, then chief secretary for the Treasury, the man in charge of public spending, a man who at the time was rumoured to be a candidate to be her chancellor.

    2022-12-05 · Political Thinking with Nick Robinson · The Liz Truss's Big Gamble One · IDENTIFIED FROM THE TRANSCRIPT · source

  3. Because currently the United Kingdom is projected to head for a recession. Know about the treasury from having worked there is they do have an economic orthodoxy. They do resist change. And she told me she was prepared to sweep aside any opposition she might meet. We need to be bold. We cannot have business as usual for the situation we face now. And we need somebody with the toughness, the grit who is prepared to take on the Whitehall machine and drive through change. And I will bulldoze through, frankly, the things that need to get done. She would go on to do precisely what she told me she intended to do, the key decisions, the ones that would take the British economy painfully close to what the Governor of the Bank of England described as catastrophe were taken that summer. Very few of those involved behind the scenes have been prepared to talk up until now. I've spoken to many off the record.

    2022-12-05 · Political Thinking with Nick Robinson · The Liz Truss's Big Gamble One · IDENTIFIED FROM THE TRANSCRIPT · source

  4. Well, everybody's committed to a better health. What is the gamble? What is the gamble nick is what we're doing at the moment?

    2022-12-05 · Political Thinking with Nick Robinson · The Liz Truss's Big Gamble One · IDENTIFIED FROM THE TRANSCRIPT · source

  5. I think at that point it was very difficult to see how the whole thing could just work out. This time, the potential for things to go wrong, horribly wrong, could have been and was foreseen. The story this program will tell is how and why it still happened and why our Prime Minister was able to sack, sideline or ignore those who told her what she didn't want to hear. I'm Nick Robinson, a presenter on the Today program, and I interviewed Liz Truss in July, just days after she launched a campaign to succeed Boris Johnson as the next leader of the Conservative Party and our next Prime Minister. But if your gamble doesn't come off that you stimulate growth. You cancel those thirty new hospitals, do you cancel the nurses and the doctors under Elizro's government? I'm completely committed to that NHS spending, to the hospitals, to the doctors.

    2022-12-05 · Political Thinking with Nick Robinson · The Liz Truss's Big Gamble One · IDENTIFIED FROM THE TRANSCRIPT · source

  6. Hello, welcome to well not quite political thinking our normal interview program is off air at the moment, but I thought you might like to hear a documentary I was making with Jack Fenwick and Stephanie Mitgarf and edited by Charles Edwards It's the story the extraordinary I think the fascinating story of what we've called Liz Truss's big gamble not the story of her premiership but the particular story that brought it to an end the decision she took to try and tear up the economic policies the last twenty, arguably thirty years to do things her way except well listen to the story Why didn't anyone see it coming? That was the question the queen asked after the banks crashed. She's no longer around to ask the same question. Question about another economic calamity which occurred in the days after her death. Liz Truss' big economic gamble

    2022-12-05 · Political Thinking with Nick Robinson · The Liz Truss's Big Gamble One · IDENTIFIED FROM THE TRANSCRIPT · source