Chancellor Jeremy Hunt warns ‘nothing off table’ on tax cuts as senior Tory says government behaving like ‘libertarian jihadists’
A senior Tory has accused the government of looking “like libertarian jihadists” and treating the country as “laboratory mice” over the past few weeks.
Robert Halfon, former deputy chairman of the Conservative Party and an education minister under Theresa May, said he believes Liz Truss needs to apologise to the public for the economic turmoil caused by the mini-budget three weeks ago.
He told Sky News’ Sophy Ridge on Sunday programme: “I worry that over the past few weeks the government has looked like libertarian jihadists and treated the whole country as laboratory mice on which to carry out an ultra-free market experiment.
“There’s been one horror story after another.”
Cut to basic rate of income tax could be delayed – follow live politics updates
He added that the public is “frightened” about what is happening to the economy and said the prime minister needs to set out a “real vision” for the future of Britain.
Mr Halfon, who now chairs the education select committee, said he “welcomed” some of the comments made by Jeremy Hunt on his first day as the new chancellor after Kwasi Kwarteng was sacked on Friday.
Ahead of Mr Kwarteng’s sacking, Mr Halfon accused Ms Truss of trashing “the last 10 years” of Conservative government during a meeting of backbench Tory MPs she was addressing.
He told the prime minister the mini-budget disproportionately benefited the wealthy and meant she had abandoned “workers’ conservatism”, The Times reported.
Sir Charles Bean, former deputy at the Bank of England, rubbished the government’s claim the recent market turmoil was due to a “global phenomenon”.
He told Sophy Ridge on Sunday it was “disingenuous” to say it is entirely due to global events and said the UK economy was similar to Germany, but now looks “more like Italy and Greece”.
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Former BoE dept on UK economy
Is defence spending pledge off the books?
Andrew Griffith, financial secretary to the Treasury, hinted Ms Truss may abandon her campaign pledges, including a promise to lift defence spending from 2% to 3% by the end of the decade.
Asked specifically about committing to an increase in defence spending, he told Sophy Ridge: “There are no commitments, I’m afraid, that I can make at 9am on a Sunday morning because we’re going into a process.
“I think in fairness, you’d be the first to say ‘why would you be making decisions without taking those into full consideration and without, of course, involving the OBR’, which is something that I think all of us have said that with hindsight would have been nicer to do.”
Read more:
Hunt warns of difficult decisions ahead on spending and tax
Joe Biden labels Liz Truss’ economic plan a ‘mistake’ – and hints others think so too
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Treasury minister on defence spending
Leading defence think tank, the Royal United Services Institute, calculated increasing defence spending to 3% of national income by 2030 would mean more than 40,000 extra military personnel and an extra £157 billion in spending.
But if that commitment is ditched, highly respected Defence Secretary Ben Wallace would likely resign, Sky News defence and security editor Deborah Haynes said.
Asked whether any backtracking on defence spending goals would be a resigning issue, a defence source said Mr Wallace would hold the prime minister to the pledges made.
That commitment appears to be in the balance after Mr Hunt this weekend repeatedly said he will ask all government departments to find “efficiency savings”.
Pic: Andrew Parsons / No 10 Downing Street
‘Not taking anything off the table’
In his latest comments, Mr Hunt told the BBC’s Sunday with Laura Kuenssberg programme: “I’m going to be asking every government department to find further efficiency savings.
“I’m not taking anything off the table, I want to keep as many of those tax cuts as I possibly can, because our long-term health depends on being a low-tax economy. And I strongly believe that.”
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Mr Hunt added that he does not think the future will be “anything like” the former period of austerity under David Cameron and George Osborne.
Labour’s Jonathan Reynolds, the shadow business secretary, said the last three weeks of Conservative Party action has been a “disgrace” and an “embarrassment”.
“I think every time Conservative ministers come on and pretend somehow that this isn’t their responsibility, confidence falls further,” he told Sky News.
“Who is in charge of this government? What are this government’s policies? I don’t know the answer to those questions.”
World
Trump criticises Putin after potentially ‘historic’ meeting with Zelenskyy before Pope’s funeral
Donald Trump has criticised Vladimir Putin and suggested a shift in his stance towards the Russian president after a meeting with Volodymyr Zelenskyy before the Pope’s funeral.
The Ukrainian president said the one-on-one talks could prove to be “historic” after pictures showed him sitting opposite Mr Trump, around two feet apart, in the large marble hall inside St Peter’s Basilica.
The US president said he doubted his Russian counterpart’s willingness to end the war after leaving Rome after the funeral of Pope Francis at the Vatican.
Follow live updates: 200,000 mourn at Vatican
In a post on his Truth Social platform, he said “there was no reason” for the Russian president “to be shooting missiles into civilian areas, cities and towns, over the last few days”.
The two leaders held talks before attending the Pope’s funeral
He added: “It makes me think that maybe he doesn’t want to stop the war, he’s just tapping me along, and has to be dealt with differently, through ‘Banking’ or ‘Secondary Sanctions?’ Too many people are dying!!!”
The meeting between the US and Ukrainian leaders was their first face-to-face encounter since a very public row in the Oval Office in February.
Mr Zelenskyy said he had a good meeting with Mr Trump in which they talked about the defence of the Ukrainian people, a full and unconditional ceasefire, and a durable and lasting peace that would prevent the war restarting.
Other images released by the Ukrainian president’s office show Sir Keir Starmer and French President Emmanuel Macron were present for part of the talks, which were described as “positive” by the French presidency.
Mr Zelenskyy‘s spokesman said the meeting lasted for around 15 minutes and he and Mr Trump had agreed to hold further discussions later on Saturday.
The world leaders shared a moment before the service
Donald Trump and Volodymyr Zelenskyy meet in the Basilica
But the US president left Rome for Washington on Air Force One soon after the funeral without any other talks having taken place.
The Ukrainian president’s office said there was no second meeting in Rome because of the tight schedule of both leaders, although he had separate discussions with Mr Starmer and Mr Macron.
The French president said in a post on X “Ukraine is ready for an unconditional ceasefire” and that a so-called coalition of the willing, led by the UK and France, would continue working to achieve a lasting peace.
There was applause from some of the other world leaders in attendance at the Vatican when Mr Zelenskyy walked out of St Peter’s Basilica after stopping in front of the pontiff’s coffin to pay his respects.
Donald Trump and the Ukrainian president met for the first time since their Oval Office row. Pic: Reuters
Sir Tony Brenton, the former British ambassador to Russia, said the event presents diplomatic opportunities, including the “biggest possible meeting” between Mr Trump and the Ukrainian leader.
He told Sky News it could mark “an important step” in starting the peace process between Russia and Ukraine.
Professor Father Francesco Giordano told Sky News the meeting is being called “Pope Francis’s miracle” by members of the clergy, adding: “There’s so many things that happened today – it was just overwhelming.”
The bilateral meeting comes after Mr Trump’s peace negotiator Steve Witkoff held talks with Mr Putin at the Kremlin.
They discussed “the possibility of resuming direct negotiations between Russia and Ukraine”, Kremlin aide Yuri Ushakov said.
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Russia and Ukraine have not held direct talks since the early weeks of the war, which began in February 2022.
Mr Trump has claimed a deal to end the war is “very close” and has urged Mr Zelenskyy to “get it done” in a post on his Truth Social platform.
He has previously warned both sides his administration would walk away from its efforts to achieve a peace if the two sides do not agree a deal soon.
Meanwhile, the Polish armed forces said a Russian military helicopter violated its airspace over the Baltic Sea on Friday evening.
“The nature of the incident indicates that Russia is testing the readiness of our air defence systems,” they said in a post on X.
On an extraordinary day, remarkable pictures on the margins that capture what may be a turning point for the world.
In a corner of St Peter’s Basilica before the funeral of Pope Francis, the leaders of America and Ukraine sit facing each other in two solitary chairs.
They look like confessor and sinner except we cannot tell which one is which.
Leaning forward hands together in their laps, Donald Trump and Volodymyr Zelenskyy stare at each other in one photo.
In another, the Ukrainian president seems to be remonstrating with the US president. This is their first encounter since their infamous bust-up in the Oval Office.
The two leaders held talks before attending the Pope’s funeral
Other pictures show the moment their French and British counterparts introduced the two men. There is a palpable sense of nervousness in the way the leaders engage.
We do not know what the two presidents said in their brief meeting.
But in the mind of the Ukrainian leader will be the knowledge President Trump has this week said America will reward Russia for its unprovoked brutal invasion of his country, under any peace deal.
Mr Trump has presented Ukraine and Russia with a proposal and ultimatum so one-sided it could have been written in the Kremlin.
Kyiv must surrender the land Russia has taken by force, Crimea forever, the rest at least for now. And it must submit to an act of extortion, a proposed deal that would hand over half its mineral wealth effectively to America.
The world leaders shared a moment before the service
Afterwards, Zelenskyy said it had been a good meeting that could turn out to be historic “if we reach results together”.
They had talked, he said, about the defence of Ukraine, a full and unconditional ceasefire and a durable and lasting peace that will prevent a war restarting.
The Trump peace proposal includes only unspecified security guarantees for Ukraine from countries that do not include the US. It rules out any membership of Ukraine.
Ukraine’s allies are watching closely to see if Mr Trump will apply any pressure on Vladimir Putin, let alone punish him for recent bloody attacks on Ukraine.
Or will he simply walk away if the proposal fails, blaming Ukrainian intransigence, however outrageously, before moving onto a rapprochement with Moscow.
If he does, America’s role as guarantor of international security will be seen effectively as over.
This could be the week we see the world order as we have known it since the end of the Second World War buried, as well as a pope.
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