MICHAEL Gove today twists the knife into Liz Truss’ blundering time in No10 as he tells the nation “we are sorry”.
The Cabinet big beast branded her disastrous ‘mini’ Budget “a holiday from reality” which sent the economy into freefall.
Michael Gove walks outside Number 10 Downing Street
Brits are rightly “angry” at Tories for selecting the wrong leader in the summer, he said, as he vowed to “earn your trust” again.
In his first big intervention since his dramatic return to government, Mr Gove took a chainsaw to the Truss regime’s policies.
He promised to usher in a housing revolution as he told the country that levelling up is back.
New laws banning cruel landlords from evicting their tenants for no good reason – dubbed no fault evictions – will be brought in.
While more affordable housing will be built to get families on the housing ladder, he promised.
Writing in today’s Sun on Sunday, he said: “We Conservatives owe Sun readers an apology.
“We made the wrong choice this summer about the path we should take. Plans to cut taxes targeted on the richest were a holiday from reality.
“A mini budget that didn’t explain how spending plans would be paid for was an error. To put it mildly.
“So I understand why people are angry. We must earn your trust again.”
Mr Gove is expected to rip up Liz’s plans to create dozens of ultra low tax investment zones across the country amid warnings they are wildly expensive.
Instead he will return to the Tory 2019 manifesto promises to level up Britain, improve housing and tackle the cladding scandal.
Rishi Sunak is scrambling to find a staggering £50billion in spending cuts and tax hikes after Liz’s disastrous reign sent the economy into meltdown.
Mr Gove told Brits the new regime will be “straight” about the “profound economic challenges” we face.
Government must take “tough action” to sort the blackhole in the finances, he said.
On housing, he promised “more genuinely affordable homes”, better protection for renters and help for “innocent leaseholders “caught up in the cladding scandal.
Mr Gove – a key Rishi backer – helped torpedo Liz’s time in fofice.
His fiery attacks on her plans to cut the 45p rate of income tax for top earners at Tory conference rocked her premiership and helped seal her fate.