Liz Truss admits cutting 45p tax rate was ‘perhaps a bridge too far’

Former PM insists, however, that it is unfair to blame actions she took in office for rising mortgage rates

Liz Truss has admitted cutting the 45p tax rate was perhaps a bridge too far" but said it was not fair to blame her mini-budget on rising mortgage rates.

The former prime minister said she did not regret her time in No 10, and that she hoped to stay in the political arena making the case for low taxes and growth within the Conservative party.