Liz Truss admits why she thinks she failed as Prime Minister

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The former Prime Minister again refused to apologise for the banking crisis, pointing out that 'mortgage rates have gone up across the world'.

To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Up Next September 6 to October 25 was a short but memorable blip in 2022, when Liz Truss became, briefly, prime minister. The 49 days saw economic turmoil and markets crashing, but Liz Truss is sure it had nothing to do with her. In an interview this morning, she refused to apologise , saying that mortgage rates have gone up ‘in every country in the free world’.

Specifically, this would be the Bank of England Governor Andrew Bailey, who she previously criticised earlier this week while calling for an investigation into his response to her 2022 mini-budget. ‘The issues that I faced in office were issues of not being able to deliver the agenda I’d set out because of a deep resistance within the British economic establishment,’ she said. But despite this, she confirmed on Sky News On Sunday today that she never actually spoke to Mr Bailey about it.

 

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