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Best of the Spectator

Liz Truss: The interview

Best of the Spectator

The Spectator

News Commentary, News, Daily News, Society & Culture

4.4785 Ratings

🗓️ 6 February 2023

⏱️ 51 minutes

🧾️ Download transcript

Summary

What went wrong for Liz Truss? In her first interview since leaving 10 Downing Street, she talks to Spectator TV about her leadership election, her 49-day premiership and her plans for the future. Truss admits to some mistakes, says her premiership was probably doomed after she fired her chancellor Kwasi Kwarteng, and says Whitehall orthodoxy stopped her from doing what she wanted.

Transcript

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0:00.0

The Spectator magazine combines incisive political analysis with books and arts reviews of unrivaled authority. Absolutely free. Go to spectator.com.uk forward slash voucher.

0:27.7

Hello and welcome to a special edition of Spectator TV. Just over three months ago, Liz

0:33.3

Trust left 10 Downing Street, and since then she has said nothing.

0:42.2

In an article for the Sunday Telegraph, she has detailed what she thinks went wrong in number 10 and what next for the Conservative Party.

0:45.5

I'm Katie Balls. I'm joined by Fraser Nelson, and we bring you Liz Truss's first interview

0:50.5

since leaving Downing Street.

0:57.7

Thank you for joining Spectator TV today, this.

1:07.1

Great to be here. So I suppose to begin, why now? Well, of course, after I left number 10,

1:13.6

I needed to take a bit of time to look at what had happened because I went in there after a very intense leadership election. In fact, after quite an intense period as Foreign Secretary as well,

1:20.6

we faced immediate issues dealing with the energy crisis. There was then the very sad death of Her Majesty, the Queen.

1:29.9

We then had the budget and all the aftermath of that.

1:34.4

So I wanted to take some time to look at what happened and look at what lessons I could learn,

1:42.9

what lessons we could learn, because clearly I went into

1:46.5

number 10 with a bold agenda. I wanted to change things. That's why I put myself forward to be

1:52.4

prime minister. And that didn't work out. Although there were some things that we managed to achieve,

1:58.8

namely the energy package, which prevented people facing very

2:03.2

high bills that winter, and I believe, stopped a lot of businesses going up business.

2:09.0

We also were able to get rid of the health and social care levy and eliminate that from

2:15.6

our tax system. There were other things that didn't go so well.

2:20.5

And so I wanted to take time to think about it, to look at what had happened.

2:24.9

And there were particular issues, for example, around liability-driven investments that

2:29.9

caused the markets to be quite tricky.

...

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