In her first Conservative Party conference speech as leader, Liz Truss is on Wednesday set to acknowledge that her plans to reshape Britain will cause “disruption” but there will be no more “drift and delay” in efforts to boost the economy.
The prime minister will defend her “new approach”, which will “unleash the full potential of our great country”.
After an about-turn over a totemic tax policy, Cabinet dissent and the threat of another major split over the level of benefits, the prime minister has a tough task to restore Tory morale.
She will tell activists in Birmingham that she hopes to create a “new Britain for a new era”, with an unashamedly pro-growth agenda — even though not everyone will be in favour of her methods.
“For too long, our economy has not grown as strongly as it should have done,” Ms Truss will say.
“For too long, the political debate has been dominated by how we distribute a limited economic pie. Instead, we need to grow the pie so that everyone gets a bigger slice.
“That is why I am determined to take a new approach and break us out of this high-tax, low-growth cycle. That is what our plan is about: getting our economy growing and rebuilding Britain through reform.”
British Prime Minister Liz Truss — in pictures
Elements of Ms Truss’s plan were set out in Chancellor Kwasi Kwarteng’s mini-budget, which led to market turbulence and an eventual backtrack on the plan to scrap the 45p rate of income tax for top earners.
But she will double down on her gamble in search of economic growth, arguing that it is the best route out of the current storm.
“The scale of the challenge is immense,” she will say.
“War in Europe for the first time in a generation. A more uncertain world in the aftermath of Covid. And a global economic crisis.
“That is why in Britain we need to do things differently.
“Whenever there is change, there is disruption. Not everyone will be in favour.
“But everyone will benefit from the result — a growing economy and a better future. That is what we have a clear plan to deliver.”
Liz Truss's political career — in pictures
Alongside measures to boost growth, the prime minister will insist she will keep an iron grip on the nation’s finances, with a leaner state offering value for taxpayers’ money.
“This is a great country. But I know that we can do better and we must do better,” she will say.
“We have huge talent across the country. We’re not making enough of it. To deliver this, we need to get Britain moving. We cannot have any more drift and delay at this vital time.”
Speaking on Sky News on Wednesday morning before Ms Truss's conference speech, Foreign Secretary James Cleverly dismissed concerns about her leadership
"What we are looking to do is to get growth into the economy," he said. "I am sure the prime minister is going to be making that point in her speech.
"The chancellor made that point when he spoke to conference. It’s about getting growth. When you have growth you can fund the public services. You can fund the support packages to families looking to cover their energy bills and the people that need our help."
He said what they now need to do was "lay out what we are doing, why we are doing it, why growth is so important, why we are going to give support for energy bills and tax cuts to 30 million people".
"We now need to get the conversation back on to those."
UAE currency: the story behind the money in your pockets
Tearful appearance
Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday.
Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow.
She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.
A spokesman said her upset demeanour was due to a personal matter.
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Dubai works towards better air quality by 2021
Dubai is on a mission to record good air quality for 90 per cent of the year – up from 86 per cent annually today – by 2021.
The municipality plans to have seven mobile air-monitoring stations by 2020 to capture more accurate data in hourly and daily trends of pollution.
These will be on the Palm Jumeirah, Al Qusais, Muhaisnah, Rashidiyah, Al Wasl, Al Quoz and Dubai Investment Park.
“It will allow real-time responding for emergency cases,” said Khaldoon Al Daraji, first environment safety officer at the municipality.
“We’re in a good position except for the cases that are out of our hands, such as sandstorms.
“Sandstorms are our main concern because the UAE is just a receiver.
“The hotspots are Iran, Saudi Arabia and southern Iraq, but we’re working hard with the region to reduce the cycle of sandstorm generation.”
Mr Al Daraji said monitoring as it stood covered 47 per cent of Dubai.
There are 12 fixed stations in the emirate, but Dubai also receives information from monitors belonging to other entities.
“There are 25 stations in total,” Mr Al Daraji said.
“We added new technology and equipment used for the first time for the detection of heavy metals.
“A hundred parameters can be detected but we want to expand it to make sure that the data captured can allow a baseline study in some areas to ensure they are well positioned.”
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A cheaper choice
Vanuatu: $130,000
Why on earth pick Vanuatu? Easy. The South Pacific country has no income tax, wealth tax, capital gains or inheritance tax. And in 2015, when it was hit by Cyclone Pam, it signed an agreement with the EU that gave it some serious passport power.
Cost: A minimum investment of $130,000 for a family of up to four, plus $25,000 in fees.
Criteria: Applicants must have a minimum net worth of $250,000. The process take six to eight weeks, after which the investor must travel to Vanuatu or Hong Kong to take the oath of allegiance. Citizenship and passport are normally provided on the same day.
Benefits: No tax, no restrictions on dual citizenship, no requirement to visit or reside to retain a passport. Visa-free access to 129 countries.
Biog
Age: 50
Known as the UAE’s strongest man
Favourite dish: “Everything and sea food”
Hobbies: Drawing, basketball and poetry
Favourite car: Any classic car
Favourite superhero: The Hulk original
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
MATCH INFO
Azerbaijan 0
Wales 2 (Moore 10', Wilson 34')
