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Liz Truss has much more in common with Donald Trump than just the first three letters of his surname.

Despite presenting themselves as “outsiders”, both enjoyed substantial political careers and reached the top of their profession as prime minister of the UK and president of the United States respectively.

In both cases, their periods in power ended in ways that outraged their opponents and many in their own Conservative and Republican parties. Economic chaos brought on by her rash policies forced Truss out of office after just 49 days in 10 Downing Street.

Trump lost the 2020 election, refused to accept his defeat and praised the mob who stormed the Capitol in an attempt to keep him in the White House.

Many thought they were finished for good. But like those who had laughed at their ambitions earlier in their careers, the nay-sayers were wrong again. Both have been reprieved and continue to be respected as forces in their parties.

Former British Prime Minister Liz Truss speaks during the Conservative Political Action Conference, 2024 CPAC, at the National Harbor in Oxon Hill, Md., Thursday, Feb. 22, 2024. (AP Photo/Jose Luis Magana)
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Liz Truss speaks during the Conservative Political Action Conference in February. Pic: AP

Trump is currently the narrow frontrunner to beat Joe Biden and win re-election on 5 November, while Truss said this week: “I definitely have unfinished business. Definitely.”

Truss is still an MP and intends to stand again in her safe Tory seat in Norfolk. She was on her feet in the Commons this week to oppose Conservative Prime Minister Rishi Sunak‘s attempts to prevent rising generations from smoking tobacco.

Book promotion

On Monday she will be back in Washington DC speaking at the conservative thinktank, the Heritage Foundation, to promote her grandly titled memoir Ten Years To Save The West.

Most of the book could be more accurately described as Forty Nine Days To Lose My Job, yet Truss is determined to place her personal fate in the context of a wider global ideological struggle. Her final chapter lists “important lessons we can learn so we can win”.

They include “We Must Dismantle The Leftist State”, “We Must Restore Democratic Accountability” and “Conservatism Must Win Across The Free World, Particularly In The United States of America.”

Donald Trump on the second day of jury selection.
Pic: Reuters
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Donald Trump in court earlier this week. Pic: Reuters

Liz Truss has always been a shape-shifter. Born of left-wing academic parents, she was first heard of 30 years ago as a young Liberal Democrat calling for the abolition of the monarchy. She supported Remain during the 2016 EU referendum before becoming a hard Brexiteer.

Right-wing populist transformation

Her latest comeback tour “confirms her transformation into a radical right-wing populist”, according to Tim Bale, professor of politics at Queen Mary University of London, the author of The Conservative Party After Brexit.

Like Trump, Truss rails against “extremist environmentalist dogma and wokeism”. Her vision of a failing British state which has been “captured by leftist ideas” is of a piece with Trump’s vision of “American carnage” unless he is there to Make America Great Again.

Of course, Truss backs Trump over Biden in the upcoming election. It is not usual practice for former British political leaders to give such a blatant endorsement in a foreign election.

Nigel Farage
Pic: Reuters
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Truss said she would like Nigel Farage to join the Conservative Party. Pic: Reuters

“I think that our opponents feared the Trump presidency more than they fear the Democrats being in office,” she says. “I believe that we need a strong America… the world was safer [when Trump was president]”.

By “opponents” Truss means the “totalitarian regimes in China, Iran and Russia”. Her unwaveringly aggressive stance is probably where she differs most with Trump, and some of his Republican cheerleaders. He openly admires dictators, while encouraging his followers to block aid to Ukraine against Russia.

‘Prime Minister Truss’

All the same, her rhetoric strikes a chord with the cold warriors of the Heritage Foundation who are treating her with the respect she craves.

Billed American-style as “Prime Minister Truss” her hosts describe her as “one of the few British politicians who really understand the United States and the direction America’s conservative movement is taking”.

Heritage’s “Margaret Thatcher Center for Freedom” previously had her over in February to deliver its annual keynote lecture.

In truth, Truss’s knowledge of the real Thatcher seems to extend little further than raiding the dressing-up box for some cosplay photographs when she was foreign secretary and wearing a tank as a fashion accessory.

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Truss is odd but so is Trump. Ironclad imperviousness to looking ridiculous is a trait she shares with the ex-president. Both operate in a post-truth world in which what they say and how they act trumps objective facts.

Never to blame

If things go wrong, they are never to blame. Others – especially “Deep State” bureaucracies – have conspired against them.

In her memoir, Truss says that when she was prime minister she did not know about important facets of the national economy such as the vulnerability of LDI pension funds. She condemns the Bank of England for not telling her.

She claims the Office of Budget Responsibility (OBR) and the Treasury did her down even though she did not allow the OBR to review her mini-budget in advance and sacked the Treasury’s top civil servant on day one.

Now she complains about “a mass of quangos, independent regulators, official advisory bodies and assorted public sector organisations constraining and obstructing ministers at every turn”.

She wants to abolish the OBR, the United Nations, the UK Supreme Court and wants the current governor of the Bank of England to resign.

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‘Democratic accountability’

Taking absolute power by winning control of conservative factions and crushing any person or institution which stands in her way is the kind of “democratic accountability” she believes in.

Truss’s American friendships extend beyond the Heritage Foundation. She shared a platform at the Conservative Political Action Conference (CPAC) with Steve Bannon, who served as a political strategist in the Trump administration and was subsequently indicted for fraud.

When Bannon described far-right figure Tommy Robinson, co-founder of the English Defence League, as “a hero”, she remained silent. Trump’s friend Nigel Farage, whom Truss said she’d like to see join the Conservative Party, was also at CPAC.

Failed leaders evaded exclusion

The disaster of her premiership should have disqualified Truss from further active involvement in politics. She made the cost of living crisis much worse for most mortgage payers.

Unabashed, she is still receiving a polite hearing in Tory circles – including from the journalists she hand-picked for a limited round of interviews on the book’s publication.

Labour leader Sir Keir Starmer has raised Truss several times with the prime minister at PMQs, referring to the “political wing of the Flat Earth Society” and “the tin-foil hat brigade”.

Rishi Sunak during a visit to a branch of Timpson,.
Pic: PA
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Rishi Sunak said Truss had ‘fairytale’ economic plans. Pic: PA

Sunak replied saying Starmer was “sniping from the sidelines”, with the PM not directly referring to Truss.

However, he previously accused her of “fairytale economics” during a leadership debate.

The Republican Party had a golden opportunity to get rid of Trump after the 6 January insurrection.

He would have been disqualified from future office if the Senate had voted for his second impeachment. Mitch McConnell, the Senate Republican leader, thought about it but then the Republicans decided it was in their best electoral interests to keep him around.

Truss not to be underestimated

In this country there has been a lot of scoffing at Truss’s latest manifestation. It would be a mistake to laugh her out of court.

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Her “unfinished business” includes being a player who will drag the Tories to the right after a general election defeat. She would not need acceptance from the markets or the whole country to become party leader.

She would just need to win over the ageing hundred thousand or so voting members of the Conservative Party. They elected her once before – she was UK prime minister only 18 months ago – and nobody likes admitting they made a mistake.

If Trump manages to be re-elected, their type of conservatism may look appealing to some card-carrying “Conservatives” here.

Truss as leader or senior shadow minister would keep Trumpism alive in this country.

The British Conservative Party would be well advised to think carefully before being trussed up for five years of opposition with her borrowed, far-right, self-obsession.

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‘Make or break’: Chancellor warned businesses can’t take more tax hikes in budget

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'Make or break': Chancellor warned businesses can't take more tax hikes in budget

Rachel Reeves has been warned that firms face a “make-or-break moment” at next month’s budget.

The British Chamber of Commerce (BCC) urged the chancellor, who is widely expected to announce tax hikes in November’s budget to fill a gap in the public finances, to steer clear of increasing levies on businesses.

Ms Reeves raised taxes by £40bn last year and the BCC said business confidence had not recovered since.

“Last year’s budget took the wind from their sails, and they have been struggling to find momentum ever since,” BCC director-general Shevaun Haviland said.

She said firms felt “drained” and could not plan ahead as they expected “further tax demands to be laid at their feet” when the budget is delivered on 26 November.

“The chancellor must seize this moment and use her budget to deliver a pro-growth agenda that can restore optimism and belief amongst business leaders,” Ms Haviland added.

“This year’s budget will be a make-or-break moment for many firms.”

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Labour might U-turn on farming tax: What do farmers think?

The BCC also called for a reform of business rates and the removal of the windfall tax on gas and oil introduced by the last government.

In its submission, the industry body outlined more than 60 recommendations, including the proposal of further infrastructure investment, cuts to customs barriers and action on skill shortages.

Earlier this year, Prime Minister Sir Keir Starmer announced Labour would aim to approve 150 major infrastructure projects by the next election, with Labour already pledging to support expansions of both Heathrow and Gatwick airports – another of the BCC’s requests.

While the Treasury would not comment on budget speculation, a spokesperson insisted Ms Reeves would “strike the right balance” between ensuring funding for public services and securing economic growth.

She has vowed to stick to Labour’s manifesto pledges not to raise taxes on “working people”.

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Is Britain heading towards a new financial crisis?

Household spending on the wane

The BCC’s plea to halt further tax rises on businesses comes as retail sales growth slowed in September.

“With the budget looming large, and households facing higher bills, retail spending rose more slowly than in recent months,” Helen Dickinson, chief executive of the British Retail Consortium (BRC), said.

“Rising inflation and a potentially taxing budget is weighing on the minds of many households planning their Christmas spending.”

Total retail sales in the UK increased by 2.3% year-on-year in September, against growth of 2% in September 2024 and above the 12-month average growth of 2.1%, according to BRC and KPMG data.

While food sales were up by 4.3% year-on-year, this was largely driven by inflation rather than volume growth.

Non-food sales growth slowed to 0.7% against the growth of 1.7% last September, making it below the 12-month average growth of 0.9%.

Total retail sales in the UK increased in September compared to the year before. File pic: PA
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Total retail sales in the UK increased in September compared to the year before. File pic: PA

Read more:
Goldman chief delivers warning to Reeves over tax hikes
Reeves urged to break election pledge and raise major tax

Online non-food sales only increased by 1% against last September’s growth of 3.4%, which was below the 12-month average growth of 1.8%.

“The future of many large anchor stores and thousands of jobs remains in jeopardy while the Treasury keeps the risk of a new business rates surtax on the table,” Ms Dickinson said.

“By exempting these shops when the budget announcements are made, the chancellor can reduce the inflationary pressures hammering businesses and households alike.”

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Starmer and other leaders have fallen into line on Trump’s Gaza plan – now it must deliver

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Starmer and other leaders have fallen into line on Trump's Gaza plan - now it must deliver

I’ve been around a while and seen a lot of the insides of international summits over the years, but this one was truly extraordinary.

Over 20 leaders flew to Sharm el-Sheikh in Egypt from all over the world – Indonesia, Pakistan, Norway, Canada – to witness the signing of Donald Trump’s peace plan.

Gaza deal signed – as it happened

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‘We have peace in Middle East’

This historic day was pure theatre for Trump from start to finish. Flying in from Israel, where he had met hostage families and then addressed the Israeli parliament, he arrived a whopping three hours late, keeping a gaggle of world leaders waiting.

We stood around in corridors watching them move from one room to another to hold meetings with each other, presumably to talk about phase two of Trump’s peace deal.

Testimony to the power of Trump

At one point, Sir Keir Starmer’s meeting with his Turkish counterpart included France’s Emmanuel Macro. That then somehow morphed into a summit which also brought in the Germans, Italy’s Prime Minister Giorgia Meloni, and the leaders of Egypt and Qatar. More chairs kept coming into the room until there was the equivalent of a cabinet table of leaders and advisors sitting in a long line facing each other.

What they were talking about was how each country could help in phase two of the peace effort. Now Trump had, alongside fellow signatories of this deal – Egypt, Qatar, and Turkey – ended the war, could they maintain the peace?

As Starmer put it: “We can’t treat today as historic and let it drop tomorrow.”

But these mini summits in the margins happened by fault rather than design. This day really was designed to bear witness – and offer acknowledgement – to Trump. All of these leaders turned up pretty much in the dark as to what the day held, with his peace summit convened 48 hours earlier.

That they dropped plans to make their way to Egypt is testimony to the power Trump wields.

World leaders at the Gaza peace summit
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World leaders at the Gaza peace summit

He was utterly omnipotent. First, there was the greeting ceremony, in which each leader filed in individually for a photo and handshake with him before all returning to the stage for the family photo.

Then, at the signing ceremony, Trump sat with his three fellow signatories as the world leaders stood behind him.

“This took 3,000 years to get to this point. Can you believe it?” Trump said as he signed that deal. “And it’s going to hold up, too. It’s going to hold up.”

Finally, in another giant hall, Trump gave a speech in which he ran through all the leaders who had turned up – praising them or fondly poking a bit of fun at them accordingly, as (most) of them stood behind him.

He teased Macron for sitting in the front row rather than joining the others on the stage, joking it wasn’t like him to be low-key. He described Meloni as a “beautiful young woman”.

“I’m not allowed to say it because usually it’s the end of your political career if you say it – she’s a beautiful young woman,” said Trump mid-speech. “You don’t mind being called beautiful, right? Because you are,” he turned to say to her – her reaction obscured from view.

Now for the ‘easy part’?

Soon after, the prime minister of Pakistan, invited to say a few remarks by Trump, renewed his call for the US president to be awarded the Nobel Peace Prize.

Having brokered the deal, Trump took the moment and made it into his summit on his terms, as fellow leaders fell into line, literally standing behind him. And in his characteristic bullishness, he told his audience in this final speech that the hard part – the ceasefire – had been done, and rebuilding Gaza was the easy part.

U.S. President Donald Trump talks to Prime Minister Sir Keir Starmer
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U.S. President Donald Trump talks to Prime Minister Sir Keir Starmer

That isn’t really what the rest of them believe: 92% of Gazans have been displaced, the Gaza Strip is a wasteland. Organising a peacekeeping force, getting Hamas to disarm and Israel to withdraw from the strip, putting together a technocratic team and peace board to oversee the running of Gaza still needs to be done.

This was a largely celebratory day, but there are concerns whether this deal will hold up. Trump says Hamas needs to disarm and disband, and yet one of their most senior leaders told Sky News a few days ago, it won’t.

Meanwhile, there is a growing humanitarian crisis in Gaza. The UK has in short order sent in £20m of aid to try to help with sanitation.

On the British side, the prime minister said he had offered to help demilitarise the strip, saying the UK can take a role in “monitoring the ceasefire but also decommissioning the capability of Hamas and their weaponry, drawing on our experience in Northern Ireland”.

“It’s really important we keep that focus. We mustn’t have any missteps now,” he said.

Drone footage of Gaa
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Drone footage of Gaa

Trump’s peace board is still in its infancy – Starmer told me he isn’t going to sit on it, with the make-up still being discussed, while Tony Blair’s participation is controversial.

Trump said on the way over to Egypt that he was going to canvass opinion to make sure everyone is happy with the former prime minister’s presence. It comes after Bassem Naim of Hamas told Sky News that Blair was not welcome in Gaza after his role in the invasion of Iraq.

When I asked Starmer if he thought Trump should be awarded the Nobel Peace Prize he said “there’ll be plenty of people, I’m sure, nominating him” – as he paid tribute to him for getting “leaders to this position”.

Now the task for them all is to implement what Trump has set in train. If his plan works, he would be sitting on an achievement that has eluded successive US presidents for decades.

Trump should rightly be lauded for ending the war, now he must bring the peace.

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California governor signs laws establishing safeguards over AI chatbots

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California governor signs laws establishing safeguards over AI chatbots

California governor signs laws establishing safeguards over AI chatbots

The laws will likely impact social media companies and websites offering services to California residents, including minors, using AI tools.

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