Liz Truss hits out at economists and civil servants as she defends mini-budget

The speaker discusses the rise in interest and mortgage rates, noting that they were expected to increase. They highlight a political failure in communicating this to the public and criticize the media for not reflecting this point. The speaker acknowledges communication challenges due to a leadership election and the queen's death. They address media criticism, suggesting it stems from a dislike of the policy rather than its methodology. The speaker argues that the tax cuts were not major but aimed to signal a new direction for Britain.

What does the speaker believe about the criticism of the policy?

What was the intention behind the tax cuts mentioned in the text?