IDS’ desperate recommendation of Leadsom.
Iain Duncan Smith, the former Tory leader, announced that he was backing Mrs Leadsom because she is the best person to “create the UK’s new relationship with the rest of the world”.
Mr Duncan Smith, who was one of the original five Cabinet ministers to back the Leave campaign, said last night: “[Mrs Leadsom] has warmth, a genuinely human touch and a great sense of humour. And her enormous depth of business experience speaks volumes for her ability to handle pressure.”
Doesnt he know she’s a closet REMAINer –
Three years ago, Mrs Leadsom – the leading rival to Theresa May’s bid to become the next Prime Minister – said: ‘I’m going to nail my colours to the mast here: I don’t think the UK should leave the EU. I think it would be a disaster for our economy and it would lead to a decade of economic and political uncertainty at a time when the tectonic plates of global success are moving.
Liam Fox gets no national media which is appalling. Here he is being reported only the Bath Chronicle, his local paper, while talking about national issues, while standing as a candidate for Prime Minister.
Tory leadership candidate Liam Fox claims the economic shockwaves caused by the leave vote in the referendum are not an excuse for the Chancellor to have abandoned his target of reducing the deficit to zero by 2020.
He said the decision by Chancellor George Osborne was “hugely disappointing”.
Dr Fox, MP for North Somerset said in a speech in Clevedon said the FTSE 100 indes has rebounded to a 10-month high “as optimism replaces ‘Project Fear’”
He said there were several reasons why reducing the nation’s deficit to zero was taking longer than predicted – but he said that to “scapegoat” the leave vote was “profoundly misleading and reprehensible and a potentially damaging extension of project fear”.
He said: “It is argued that such is the shock that the referendum delivered to the UK Economy, it would be impossible for the Government to collect enough tax receipts in the midst of the recession that must surely grip Britain soon.
“This statement is clearly disingenuous. The economic shock that the Chancellor blames is already evaporating. The FTSE 100 has rebounded to a 10-month high, as optimism replaces ‘Project Fear’.
“More importantly, the Treasury has been missing its self-imposed borrowing targets for several years now. In 2014-15 Britain was forced to over borrow by £2.7bn. In 2015-16 this rose to £4bn. In April this year alone, the government extended its borrowing by over £1bn to cover the funding gap.”
Dr Fox is rated as an outsider in the race to become the next Tory leader while Home Secretary Theresa May has emerged as the clear favourite.