TagTruss

Truss-favoured thinktank attacks ‘massive transfer of wealth’ to landowners

By Marta Lopez
In Politics
4 Min Read
T

One of Liz Truss’s favourite rightwing thinktanks has criticised the government for considering ditching a much-vaunted new funding structure for farmers, calling the existing subsidy system “a massive transfer of wealth from taxpayers to landowners”. Truss has announced plans to review the environmental land management scheme (Elms), where farmers would be paid for environmental protection, in...

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Truss and Kwarteng had row over sterling crisis response, say Whitehall sources

By Marta Lopez
In Finance
4 Min Read
T

The first signs of friction between Liz Truss and Kwasi Kwarteng over how to deal with the big fall in the pound have emerged, after the pair met in No 10 to thrash out how to respond on Monday. Downing Street rebuffed talk of a split between No 10 and No 11 over how to deal with the market reaction to the mini-budget, and denied that there was a row. However, Whitehall sources said there was...

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