Emma, when that mini-Budget was announced, you were Managing Director of TheCityUK, which welcomed it, saying it took ‘bold action to create the conditions for economic growth’.
You weren’t an MP, but your Labour colleagues at the time were calling for even MORE spending.
And as my successor as City Minister, you cheered as Rachel Reeves torched jobs, hurt farmers, attacked independent education and damaged businesses.
The lesson for is that all decisions must be forensically costed, with detailed ‘how-to’ plans to back them up. As a private sector finance director for 11 years, that is second nature to me and will be how the new Conservative Economic Unit will operate.
The new Shadow Chancellor backed Liz Truss to be PM and he was a Treasury Minister during the Tories disastrous 2022 mini budget which left families paying the price. Same old Tories, same old economic policies.