Badenoch to unveil ‘golden rule’ for economy as she attempts to win back Tory credibility destroyed by Truss
Kemi Badenoch is set to announce a “golden rule” for the economy in her conference speech on Wednesday as she desperately tries to restore the Conservative Party’s credibility on the nation’s finances.With millions of Britons still reeling from the impact of Liz Truss’ disastrous mini-Budget, the Tory leader will attempt to restore voters’ trust in the party’s handling of the economy by pledging that half of all money saved from cuts must be put towards shrinking the deficit.The other half would go on spending or cutting taxes to boost the economy, under the move that she will pledge to introduce if the Tories are re-elected to government.The announcement in her keynote speech for the Tory conference in Manchester on Wednesday comes as shadow cabinet members admit that the party is “struggling to even get a hearing with the public”.With the party consistently polling in the mid teens with around half the support of Nigel Farage’s Reform UK, the conference has been noticeable for how few have attended and the low level of interest in policy announcements.Mrs Badenoch reflected on her party’s difficult journey (Peter Byrne/PA) More
