A warning from Liz Truss has come back to haunt her after footage showing her saying a tax cuts bonanza would lead to "boom and bust" was unearthed.
The clip, taken in 2018, showed the PM appearing to contradict her £43billion plan to slash taxes, which will increase the national debt.
It comes after Chancellor Kwasi Kwarteng announced a giant package of tax cuts in his mini-Budget last month, spooking the financial markets in the process.
As reported by the Mirror, following a run on the pound Kwarteng scrapped the abolition of the top rate of income tax. However, he is pushing ahead with proposed changes to National Insurance and Corporation Tax.
Read more on dailyrecord.co.uk
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