Ex-Treasury Minister Slams Liz Truss' 'Endless Crazy Tax Cuts' and 'Laughable' Public Sector U-turn

A former treasury minister who worked under George Osborne has criticized Liz Truss' plans for 'endless and crazy tax cuts' and described her now scrapped regional pay proposals as 'laughable'.
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The scathing comments from Jim O'Neill - a peer and different tier economist - come after the Foreign Secretary scrapped a major policy just 12 hours after it was launched after facing significant backlash.
The Foreign Secretary had proposed an £8.8billion 'war on Whitehall'. squander' which planned to introduce regional pay councils for civil servants and could have led to pay cuts in the public sector outside the South East.

Politics Aug 3, 2022 0 82 Add to Reading List

Ex-Treasury Minister Slams Liz Truss' 'Endless Crazy Tax Cuts' and 'Laughable' Public Sector U-turn

A former treasury minister who worked under George Osborne has criticized Liz Truss' plans for 'endless and crazy tax cuts' and described her now scrapped regional pay proposals as 'laughable'.

The scathing comments from Jim O'Neill - a peer and different tier economist - come after the Foreign Secretary scrapped a major policy just 12 hours after it was launched after facing significant backlash.

The Foreign Secretary had proposed an £8.8billion 'war on Whitehall'. squander' which planned to introduce regional pay councils for civil servants and could have led to pay cuts in the public sector outside the South East.