Simon Clarke, the Equalization Secretary, is on the mid-morning rounds for the government as he sets the stage ahead of Kwasi Kwarteng’s “mini-budget”.
During an interview with Sky News, Mr Clarke was told that the Institute for Fiscal Studies think tank had described Liz Truss’s strategy for achieving economic growth as “at best a gamble” .
He replied: “No, it is not. It’s about saying that if we want to return to the growth trend that this country had before the financial crisis of 2008, the average of 2.5 percent that we saw before, we need to go back to the measures that we know work and which of course we saw in the 1980s and 1990s helped to stimulate a period of great prosperity in the British economy.
“That is, ensuring that, alongside a major program of government investment, we focus on the real drivers of growth, namely reducing the tax burden on both businesses and households.
“This is something the Prime Minister put at the heart of her leadership campaign this summer and today we will see that translated into action through what I believe will be a really important and game-changing financial statement.”