Jeremy Hunt has shredded Liz Truss’s economic plans in one of the most astonishing U-turns in modern political history, including slashing the energy price freeze which the prime minister had repeatedly championed.
The new chancellor dismantled almost all of what Truss’s leadership victory had been built on, including most of her tax cuts, and hinted a new windfall tax was in his sights – a move the prime minister had said she would not countenance. Hunt also refused to rule out cuts to totemic Conservative pledges, including defence spending and the pensions triple lock.
Truss declined to appear at the dispatch box in parliament on Monday despite calls from Labour,
