Guardian columnist Rawnsley says Liz Truss’ premiership is coming to an end
Liz Truss has only been Britain’s prime minister for a month, while there is already talk of how to remove her from office, writes The Guardian’s chief political columnist Andrew Rawnsley.
“People didn’t want to be associated with Ms. Truss at all, and they are already demanding a divorce. Never in British politics has a leader become so remarkably unpopular in such an astonishingly short time. Her approval ratings have fallen lower than Theresa May’s shortly before she had to resign, and lower than Boris Johnson’s shortly before he was ousted from Downing Street. He has become a slow-poisoning electoral arsenic for the Tories; she is a fast-dissolving electoral cyanide,” the article says.
Andrew Rawnsley also called Truss “the high priestess of a narrow sect.”
“She did a sweep and removed almost everyone who wasn’t on her team, especially those who were associated with Rishi Sunak, the more popular choice among Conservative MPs,” he said.
The author of the article believes that Britain is going through a period of multiple emergencies, with a dysfunctional government struggling to get anything done.
“I used to say that Boris’s cabinet was the worst since World War II. She has it even worse,” the columnist noted, citing the opinion of a senior Tory official.
Andrew Rawnsley concluded by suggesting that support for Liz Truss among Conservative MPs was waning and that her short premiership was nearing its end.
A few weeks ago, the new head of the British Ministry of Finance, Kwasi Kwarteng, presented to parliament a “plan to support” the country’s economy, which implies a massive fiscal loosening. He announced the cancellation of a planned increase in corporate income tax to 25 percent from the previous 19 percent. Since then, the yield on Britain’s five-year government bonds has risen to its highest level since 2008 at 4.6 percent, which means that demand for Britain’s debt securities has declined. The Truss government faced a barrage of criticism.
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