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Letters: Tory leadership candidates ‘happy to preside over disastrous results’

today26 August 2022 1

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Below is a collection of letters published in the Derbyshire Telegraph on Friday, August 26:

Rishi Sunak’s campaign chief and Chair of the Treasury Select Committee, Mel Stride, has asked the Treasury and Office of Budget Responsibility (OBR) to update its fiscal and economic forecast in the light of Liz Truss’s proposed tax cuts.

He said: ‘’The reassurance of independent forecasting is vital in these economically turbulent times. To bring in significant tax cuts without a forecast would be ill advised. It is effectively ‘flying blind’.’’

In July 2020, Sunak was questioned by the very same Treasury Select Committee. A Labour member asked if the Treasury, under Sunak, had plans to update their own forecasts of the effect of various Brexit trade deals with the EU.

These forecasts were presented to Parliament by none other than…Mel Stride, in his role as financial secretary to the Treasury in November 2018.

They predicted that with a free trade deal, as Boris Johnson was proposing, the economy would diminish in 15 years’ time by 4.9 per cent, and that the loss of free movement of EU workers would add another 1.8 per cent to this figure.

Sunak’s response was: “One thing I am humble about is the ability of economic forecasting to be accurate, particularly right now. As I said, we have not done a macro forecast, and are not planning to.”

We now know the OBR still believe Brexit is causing a four per cent loss in UK GDP. We now know the immigration policy has been disastrous for farming, the food sector, the transport sector, the hospitality sector, the NHS and care homes.

It does appear that both Tory candidates are happy with ‘flying blind’ and both happy to preside over disastrous results.

Mike Baldwin, by email

I would advise any Conservative member who is thinking of voting for Rishi Sunak as the next leader of the party and Prime Minister to think twice, because he has caused more damage to this country with his cavalier approach to the Covid lockdown by throwing taxpayer’s money about like confetti, and a lot that was paid legitimately will never be paid back because some of the firms have gone into liquidation.

So do we need a man like him to run a country that seems to be looking after certain people in society, instead of looking after the majority of society which are struggling to make ends meet?

As I see it, a lot of what is happening now is, in the main, his fault. How can you trust someone who was given a top job in Government by his boss, Boris Johnson, and then stab him in the back to try and get his job?

Alan Warner, Ripley

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