Shapeshifting Sunak’s tax-cutting conversion risks overpromising | Larry Elliott

Former chancellor takes leaf out of rival Liz Truss's book but his plans may be too good to be true

Harold Wilson's quip that a week is a long time in politics has rarely been more true than in the case of Rishi Sunak.

Seven days ago the former chancellor was marketing himself as the candidate of financial rectitude as he pitched to be Britain's next prime minister. Tax cuts, Sunak said, would have to wait until they could be afforded and inflation had been tamed.