Lizz Truss PM holds press conference after sacking chancellor

The video discusses the need to adapt fiscal strategies to meet market expectations, emphasizing fiscal discipline. It outlines the decision to maintain the planned increase in corporation tax, generating £18 billion annually, as part of a broader fiscal plan. The plan aims to ensure debt reduction and efficient public sector spending, with a focus on delivering high-quality services while controlling state size.

Why does the speaker believe the current mission delivery needs to change?

• Because the markets are performing better than expected.

• Due to unexpected market conditions requiring fiscal discipline.

• To increase public sector spending.

• To decrease the size of the state.

What is the purpose of maintaining the planned increase in corporation tax?

• To decrease the national debt immediately.

• To raise £18 billion annually and support a fiscal plan.

• To increase public sector salaries.

• To reduce the size of the public sector.

How does the speaker plan to ensure debt reduction?

• By reducing the size of the state.

• By cutting all public services.

• By increasing public sector salaries.

• By ensuring debt falls as a share of the economy.

What is the speaker's approach to public sector efficiency?

• To increase the number of public sector employees.

• To make the public sector more efficient for world-class services.

• To privatize all public services.

• To reduce public sector working hours.

What is the speaker's stance on spending growth?

• Spending will be cut entirely.

• Spending will grow less rapidly than previously planned.

• Spending will remain the same as previously planned.

• Spending will grow more rapidly than planned.