Tory leadership race: And the heat goes on
Political Fix
Financial Times
4.2 • 1.2K Ratings
🗓️ 13 August 2022
⏱️ 23 minutes
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Summary
As much of the country wilts in a heatwave, the focus in the Tory leadership contest this week has been on colder times to come. The two rivals for UK prime minister have disagreed publicly on how to help the most vulnerable cope with rising energy costs in the autumn. Rishi Sunak is promising direct help, while Liz Truss has criticised what she calls “handouts”, favouring tax cuts instead. But in the face of dire warnings that energy bills could reach more than £4,000 a year, is Truss softening her stance?
The FT’s political editor George Parker is joined by economics editor Chris Giles and political correspondent Jasmine Cameron-Chileshe. The producer was Philippa Goodrich and the sound engineers were Breen Turner and Jan Sigsworth.
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Transcript
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| 0:56.0 | If you're a pensioner who's not earning any extra money, |
| 0:59.0 | they're not much good if you're working hard on the national living wage |
| 1:03.0 | because Liz's tax cut is worth about a quid a week for that person. |
| 1:06.0 | It's worth zero for a pensioner. That's not right. |
| 1:10.0 | Liz Truss, being grilled at a hustling in Darlington by talk TV's Tom Newton Dunn, |
| 1:15.0 | was dismissive of soon-axe high taxes and said that tax cuts were her first pause of call |
| 1:20.0 | when it came to the cost of living crisis. |
| 1:22.0 | What I think is completely wrong is the idea that we take huge sways of people's money, |
| 1:27.0 | hard-working people, and then give it back to them, |
| 1:30.0 | and then claim it's a giveaway and it's our money. |
| 1:32.0 | That is completely wrong. That's completely wrong, Tom. |
| 1:35.0 | And I don't believe in it. |
| 1:37.0 | For the likes of Gordon Brown, the former Labour Prime Minister |
| 1:40.0 | who wants an emergency summit between Boris Johnson, Liz Truss and Richie Sunak, |
| 1:44.0 | neither candidate is being honest about what lies ahead or gripping the issue. |
| 1:49.0 | Martin Lewis, the money-saving guru, was even angrier in an interview with the BBC. |
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