Accounting for all the myriad ways Liz Truss leaves Britain worse off would take longer than the amount of time she spent inside Number 10.
Her brief tenure has been characterised by an exhilaratingly rapid pace of record-breaking, from establishing an unprecedented Labour lead in the polls to presiding over the highest rates of inflation in 40 years, to driving the pound down to its lowest-ever level against the dollar, and culminating in her resignation as the shortest-serving prime minister in UK history.
The story of the Free Enterprise Group (FEG) – the neo-Thatcherite Tory faction founded by Liz Truss in 2011 and closely associated with Tufton Street think tanks such as the Institute for Economic Affairs (IEA) – makes for satisfying schadenfreude. A decade after a gaggle of newly elected Tory MPs, among them Truss and Kwasi Kwarteng, co-authored ‘Britannia Unchained’, which outlined the FEG’s vision for the country, the group’s internal politicking saw them slowly ascend to the head of the table.
