Mps Vying News Today : Breaking News, Live Updates & Top Stories | Vimarsana

hello there. we start here in the uk, where the two rivals vying to become the next prime minister have been setting out their contrasting economic plans and attacking each others�*. foreign secretary liz truss, currently the favourite to win, has suggested her party's economic policy has been wrong notjust under her rival, former chancellor rishi sunak, but for its entire period in power. ms truss said the past two decades had failed to deliver growth and promised billions of pounds in immediate tax cuts. we've got the highest taxes for 70 years. we've got lower debt than the unit...

Borrowing spree, that is only going to make the situation worse. on thursday, official figures showed the uk paid almost £19.5 billion in interest on its government debt last month. that's an all—time record and more than double the previous record set last summer. it's because interest rates on uk government bonds are linked to the rate of inflation, which is soaring. adding to the pressure, independent economists are raising the alarm about the affordability of ms truss�*s tax cut plans. 0ur economics editor faisal islam has also been taking a closer look. here are the steps in between ...