Here are the main points from the Tory leadership hustings in Darlington.

Sunak said the Conservative party would be “absolutely hammered” at the next election if it did not offer targeted help to the people who would struggle most paying their energy bills this winter. The electorate would not forgive the party if instead if focused on tax cuts that would benefit the wealthy, he said, in a reference to Liz Truss’s preferred approach. (See 8.05pm.)

Sunak signalled that the energy support package he was planning for the autumn would not be as extensive as the £15bn one he announced in May – but that it would be exclusively focused on those most in need. Asked if he was planning to spend another £15bn, he replied;

I don’t think that will be necessary because what we are talking about now ... is the extra increase on top of what we thought. And we already thought bills were going to go up to £3,000 when we announced that support. I want to go further than I did previously because the situation is worse. It’s right that we target that on the people who most need our help. The only way to help them is with direct support because tax cuts alone are not much good if you’re a pensioner who is not earning any extra money. They are not much good if you are working hard on the national living wage, because Liz’s tax cut is worth about a quid a week for that person, it’s worth zero for a pensioner. That’s not right.

Although the May package was directed mostly at lower-income households, there was a universal element, because all households were offered £400. Asked if he would do this again, Sunak replied:

There’s a fixed pie, we have to share out the pie and we have to give out the money and hand out. My view is that we can grow the pie, and having lower taxes actually helps us generate more income into the economy so there is more money to go around. What I fundamentally don’t agree with is putting up taxes and then also giving out benefits. I think that is the wrong approach.

She also described relying on cash payments as the main means of helping people with the cost of living as “Gordon Brown economics”.

Truss said that, if given the chance, she would vote to end the privileges committee inquiry into whether Boris Johnson lied to MPs about Partygagte. But she also said there was not a vote, and the inquiry was going ahead. (See 8.46pm.) However, as PM she would be able to table a vote to end the inquiry (which was set up at the request of the Commons as a whole, following a vote of all MPs) if she wanted. Gavin Barwell, the Tory peer and former chief of staff to Theresa May, said if Truss did try to end the inquiry, she would be making a terrible mistake.

Truss and Sunak both rejected suggestions from the CBI and Gordon Brown that they should sit down with Johnson now to agree a joint plan for dealing with rising energy bills. According to Truss, because this was a matter for the current chancellor, such an initiative would be “constitutionally deeply undesirable”. Sunak said the idea would not work because he and Truss did not agree on what should be done.

I put the Treasury in Darlington because I wanted to send a loud message to Whitehall that there is more to the North than Manchester. And I tell you this ... if this works out, it won’t just be called the Treasury Campus in Darlington, it will be the Downing Street Campus in Darlington.

Source: The Guardian

Powered by NewsAPI.org