Liz Truss has insisted a recession is 'not inevitable' as she clashed with Tory leadership rival Rishi Sunak over the Bank of England's dire economic forecast
During Thursday's debate, Mr Sunak said the Conservative party must "get real and fast because the lights on the economy are flashing red and the root cause is inflation".
She said she she wanted to keep taxes low and "do all we can to grow the economy by taking advantage of our post-Brexit freedom, unleashing investment, changing things like the procurement rules and doing things differently". Rishi Sunak warned that Liz Truss' plans will make the dire economic situation worse, warning of "misery for millions" by pouring "fuel on the fire".The bank explained: "The United Kingdom is now projected to enter recession from the fourth quarter of this year.
A Tory party member told Ms Truss - who refused to apologise for her plans - that the policy had been "quite offensive".
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