Ten Things You Need to Know Today: 5 February 2023

The Week’s daily digest of the news agenda, published at 8am

1. Truss blames ‘orthodoxy’ for exit

Liz Truss has blamed a “left-wing economic establishment” and her own party for her downfall. In her first major statement since leaving Downing Street, the former PM said that she stands by her radical policy agenda but “the forces against it were too great” for it to succeed. In a 4,000-word article for the Sunday Telegraph, she blamed Whitehall's “strength of economic orthodoxy and its influence on the market”. Truss was forced to quit after her £45bn package of unfunded tax cuts “panicked the markets and tanked the pound to a record low”, said the BBC.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
Explore More