Mail-in ballots will soon be distributed to some 160,000 conservative Party members.
It comes as Mr Sunak and Ms. Truss are about to participate in a live leadership program organized through Sky News, and some in the audience don’t know who they will vote for, meaning the leadership special may be just to help them decide.
Read here. . .
Join Sky News tonight at 8pm. while Liz Truss and Rishi Sunak stand in front of the cameras.
The war for number 10 will see any of the applicants answer questions from conservative Party members who are unsure.
Ms. Truss and Mr. Sunak will then sit down one-on-one with Kay Burley to be asked why they think they will be the next prime minister.
The war for the number 10 will be broadcast for 90 minutes and for free on the virtual channels Sky News 501, Freeview 233, Sky Showcase 106 and Sky News.
A momentary vote showed Liz Truss extending her lead over Rishi Sunak.
The new poll of party members via ConservativeHome released on Wednesday found that Ms Truss is likely the most likely for the next prime minister, with the support of 58% of respondents.
Mr. Sunak turned out to have 26%, while 12% were undecided.
Read here. . .
Hello and welcome to today’s political coverage.
Let’s start with the papers.
The Independent reports that Liz Truss faces questions about why she has stated that she spent thousands of pounds at a party with Conservative MPs in the run-up to her offer for Number 10.
Meanwhile, underground, the Times and the Daily Telegraph are leading the ban on lawn hoses, and the Daily Telegraph reports that a primary desalination plant opened by Prince Philip in 2010 could have prevented the ban from operating until next year.
See all the first pages here. . .
Now Rishi Sunak before the resolution of the Bank of England on rates. . .
“Conservative MPs and the general public must correctly perceive how their next prime minister will handle the economic hurdles the country faces lately.
“There are many similarities between the two plans that were presented to them. Or we want to cut taxes. We recognize that we want an expansion plan. And we recognize that, in the short term, we want to supply other people in the desire to live.
“But there are also differences. Because time is paramount.
“If we rush the ill-timed tax cuts before controlling inflation, all we’re doing is giving with one hand and receiving with the other.
“It would fuel inflation and raise interest rates, which would increase other people’s loan payments. And that would mean that each and every e-book that other people take into their wallet is nothing more than a down payment from emerging prices.
“I probably wouldn’t do that. I will make inflation my number one economic priority. And I will propose a long-term sustainable fiscal plan that means that other people will be able to deposit in the bank the money that will save them. “
“This is the selection in this competition. Tax cuts are now nullified through the accumulation of expenses they entail. Or a transparent plan to first inflate and then cut taxes.
“A political prospect devoid of possible difficult options creates warm sentiment in the short term, but it will be a bloodless convenience if it leaves Labour at Number 10 and sends the Conservative Party into the opposition wilderness. “
Conservative leadership candidate and foreign secretary Liz Truss issued a brief preview tonight of the Bank of England’s resolution on interest rates.
She said: “The way to deal with the cost-of-living crisis is to grow the economy and provide as much rapid assistance as imaginable to people. We can’t tax our path to growth. “
“My economic plan will boost our economy through supply reform, EU regulation of our law and tax cuts. Implementing ambitious supply-side reforms is how we will fight inflation in the long run and achieve secure sustainable growth. “
“Modest tax cuts, plus the elimination of a potentially ruinous corporate tax increase that hasn’t even gone into effect, are inflationary. “
The monetary policy proposed through Liz Truss threatens to repeat the runaway inflation of the ’70s, according to Nigel Lawson.
He supported former Foreign Minister Rishi Sunak for the post.
Rishi Sunak and Liz Truss have developed their political positions on a number of key issues as the race for the prime minister enters its final phase.
The two leadership candidates will face off on a summer crusade in an effort to attract some 160,000 Conservative Party members with their visions for the country.
This is their stance on the key issues. . .
Liz Truss and Rishi Sunak have now finished the Conservative leadership race in Cardiff.
There are several more to do, add Friday night.
But tomorrow, join Sky News for our show.
Liz Truss is now asked about the crisis.
“I’m an environmentalist before it’s trendy,” he says. I campaigned in the 1990s to protect the ozone layer.
“If at that time, it was Margaret Thatcher who led the rate on this, signing the Montreal Protocol.
“We can’t let the green problems be on the left. “