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Boris Johnson succession candidates clash over economy

The two candidates for leader of the Conservative Party, Foreign Minister Liz Truss and former Finance Minister Rishi Sunak, clashed this Monday in a televised debate on issues such as the economy or whether they would employ Boris Johnson.

Truss called the government’s decision to raise taxes before Sunak’s resignation “contractionist”, warning that paying off debt incurred during the covid-19 pandemic “so quickly will damage our economy and end up causing a recession”.

“This finance minister has increased taxes at the highest rate in the last 70 years”, he accused in the debate organized by the BBC, proposing to reverse a 1.25% increase in Social Security contributions and apply a “temporary moratorium” on the tax rate. green energy to reduce the cost of electricity, gas and fuel.

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