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Liz Truss claims Brits would be on Mars by 2040 if she hadn’t been ousted

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LONDON — Liz Truss claims the U.K. would have managed successful missions to Mars within years — if only her 49-day premiership hadn’t been cut short. The assertion comes in the former British prime minister’s new book “Bank Job,” which was published Monday and claims to explain “how the Bank of England broke the bond market and brought down the government” when her mini-budget in 2022 precipitated market turmoil. In its closing chapter, the book...

LONDON — Liz Truss claims the U.K. would have managed successful missions to Mars within years — if only her 49-day premiership hadn’t been cut short.

The assertion comes in the former British prime minister’s new book “Bank Job,” which was published Monday and claims to explain “how the Bank of England broke the bond market and brought down the government” when her mini-budget in 2022 precipitated market turmoil.

In its closing chapter, the book paints a vivid picture of what Truss believes life in 2040 would be like if her policies had been given a chance to bed in. “Several missions to Mars have now been launched from Britain’s space port,” Truss’ book imagines.

The ex-PM also opts for some more grounded policy dreams.

She envisages a 2040 in which “there are now no European Union laws in Britain,” a “permissive regime for artificial intelligence” is in place, and tumbling energy costs and faster planning timelines have helped make the U.K. a leader in AI.

“Bitcoin received tax treatment consistent with its status as a form of money for commercial purposes,” she imagines. “No central bank digital currency was introduced.”

Since leaving office after a revolt in her own party, Truss has dismissed claims her economic decisions — which included a huge energy bills bailout and tax cuts funded by fresh borrowing — were responsible for crashing the pound.

She has instead pointed the finger at the central bank, the Treasury and the Office for Budget Responsibility watchdog, accusing them of working against her. Her new book takes direct aim at the Bank of England, which proposed to sell £80 billion of gilts before the mini-budget, although delayed that sale amid market turmoil.

Truss lost her House of Commons seat at the 2024 general election, and has since been involved in launching the Conservative Political Action Conference in Britain.

Liz Truss (PERSON) Brits (ORG) Mars (LOCATION) LONDON (LOCATION) U.K. (LOCATION) British (ORG) the Bank of England (ORG) Truss (PERSON) no European Union (ORG) AI. “Bitcoin (ORG) Treasury (ORG) the Office for Budget Responsibility (ORG) House of Commons (ORG) the Conservative Political Action Conference (ORG) Britain (LOCATION)
Originally published by Politico EU Read original →