🚨Archive drop 🚨 Here is the full Newsnight package featuring a young Liz Truss, then a Lib Dem, canvassing locals outside the Brighton Pavilion in 1994 about abolishing the monarchy
The economic policies of previous Conservative and Labour governments over 20 years have not delivered growth, Tory leadership candidate Liz Truss has said.
She said: "We have had a consensus of the Treasury, of economists, with the Financial Times, with other outlets, peddling a particular type of economic policy for 20 years. It hasn't delivered growth." Ms Truss's plans to cut taxes would cost at least £30bn and would be "likely" to break the existing rules on government borrowing., pledging to deliver "a set of reforms as radical as the ones Margaret Thatcher drove through in the 1980s".
But her critics will point out the strength of her convictions now can be contrasted with the strength of rather different convictions in the past - notably on Brexit; she voted Remain in 2016. Mr Sunak, who consistently led among MPs, topped the ballot with 137 votes. But polls suggest he is less popular among the Conservative Party membership.
The political track record of Ms Truss - who was previously a member of the Liberal Democrats - has come under scrutiny during the leadership campaign. In his Telegraph column, Mr Sunak insisted he was a "Thatcherite" as he attempted to convince Tory members of his Conservative credentials.
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