It is a rather typical outcome of election campaigns in the UK that the candidates spend more time trying to discredit their opponent’s plans than they do promoting their own.

The race to be the new leader of the Conservative Party and therefore Prime Minister of the UK is beginning to take an all too familiar tone.

Both Rishi Sunak and Liz Truss plan to cut taxes. This is likely to be a vote winner, but it is the timing of the cuts that is the bone of contention.

Truss is of the opinion that there is room for tax cuts to be initiated immediately. She commented yesterday that the policies of the Johnson Cabinet, of which she was a member and her opponent was Chancellor, held back economic growth in the country and contributed to the current slowdown in output and activity.

Her remarks have been ridiculed by Sunak supporters who believe that if Truss was the principled politician she claims to be, she should have resigned rather than accept policies which were against her expectations.

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