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Liz Truss: are the Conservatives facing an electoral meltdown?

By Paul Whiteley, Professor, Department of Government, University of Essex

The Conservative party is heading into its annual conference amid the catastrophic fallout from Chancellor Kwasi Kwarteng’s mini-budget. The decision to cut tax without a plan to pay for it caused a sharp fall in the value of the pound on currency markets, which reached an all-time low against the dollar in Asian markets, and a rapid rise in costs of…

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