The foreign secretary, who is almost universally tipped to beat Rishi Sunak in the Conservative contest, the result of which is announced at midday on Monday, pledged “immediate action” on energy prices for households and businesses, while again did not specify what it might include. . Writing in the Sunday Telegraph, Truss said a plan would be announced in her first week in office, followed by an official “budget event” later in September. If elected, he will officially take over as Prime Minister from Boris Johnson on Tuesday. In the longer term for energy supplies, Truss said, the UK had to “make the tough decisions to ensure we don’t find ourselves in this position every autumn and winter”, adding: “Putting plasters and kicking the can they will not make a way. “ Truss, again, did not specify what that would entail, but has voiced her support for increased nuclear power, new efforts to drill in the North Sea and the approval of fracking for shale gas. Instead, she is more wary of renewable energy, opposing onshore wind farms and solar power systems on former farmland. Much of the article was devoted to Truss, who reiterated her pledge to cut taxes and deregulate aspects of the economy, saying Brexit gave the UK “an opportunity to do things differently”. “It’s an opportunity to make our country freer, more innovative and more dynamic,” she wrote, pledging to remove “burdensome EU-inspired legislation” from the UK statute book by the end of 2023. Truss once again did not elaborate on this. But on Saturday, The Times reported that he wanted to scrap some protections for EU-based workers, for example on the length of the working week and holiday rights. The Trust has made clear its desire to transform the UK in this broad direction, based on lower taxation and a smaller role for the state. “Our economy is not as competitive, dynamic and productive as it could and should be,” he wrote. “It takes too much time to get things done: often businesses and families feel like they’re trudging along. Our tax burden is too high. We must prioritize reforms to stimulate the economy and attract business investment.” Acknowledging that her efforts to grow the economy “will not have an immediate impact”, Truss said she will “take decisive action to ensure that families and businesses can get through this winter and next”. While stressing an approach he said was “underpinned by a firm grip on public finances”, Truss indicated this would be a more relaxed approach in the medium term, saying Covid and the invasion of Ukraine “were always going to raise our national debt”. .
