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The race to become the next prime minister has been narrowed to two candidates: Rishi Sunak and Liz Truss. Both were major figures in Boris Johnson’s cabinet but now are distancing themselves from the former prime minister as they set out their policy platforms.

The Guardian’s political editor, Heather Stewart, tells Hannah Moore that the main point of difference so far has been on how to handle the economy. Truss is promising immediate tax cuts worth about £30bn while Sunak says he will prioritise balancing the books and tackling inflation over what he calls ‘fairytale’ economics.

But while debates have raged over when to cut taxes, there has been precious little detail from either Truss or Sunak on how to come up with a response to the cost of living crisis that is likely to bite even harder in the autumn. And with only Tory members allowed a vote for the next prime minister, the rest of the country is able only to watch on.



Rishi Sunak and Liz Truss

Composite: Guardian Design/Henry Nicholls/Toby Melville/Reuters

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Liz Truss v Rishi Sunak – podcast

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