LONDON: With double-digit inflation and an economy teetering on the brink of recession, the cost-of-living crisis has dominated the race for Downing Street. But the two candidates vying to succeed Boris Johnson as Conservative party leader and UK prime minister have differing approaches to the problem.
He has called promises of tax cuts during an economic slump and skyrocketing inflation a"fairy tale".
But Truss, who favours all-out investment in energy including controversial fracking technology where it is backed by locals, called for a better way to achieve it without hurting people and business. Sunak has been an ardent Brexiteer for years and was one of the main backers of the creation of free ports to boost growth.Truss has called for an overhaul of regulators in the City of London financial district if she becomes prime minister.
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