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Old 05-09-2022, 11:04   #4264
1andrew1
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Re: Updated: Boris resigns as party leader

I think the differentiators between Starmer's Labour and Truss's Conservatives will be around other lines than spending. That comparison really only held true when comparing Corbyn to May as Johnson has been a high-spending interventionist and more of a One Nation Conservative... or at least has portrayed himself as the latter.

The necessity of support to alleviate fuel poverty won't see the end of Conservative high-spending and borrowing. I doubt Truss shares Johnson's enthusiasm for investing in tax-payer bets on non-strategic companies like Black Sheep Coffee and Bolton Wanderers or supporting strategic companies like Tata Steel but political realities may change her mind on the latter.

Truss's Conservatives seem to be less of a one-nation Conservatism and more a tilt towards those at the top with lower employee rights and lower taxes on higher earners.

It will be interesting if once in power, she listens to business on such issues as over-borrowing, Channel 4 privatisation and closer harmonisation with the EU to reduce red tape and grow exports.
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