Iz Truss will say the “disruption” of her plans to revive the country’s economy will be worth it as she fights to save her premiership after just a month on the job.
The Prime Minister will insist that there can be no more “drift and delay” in the effort to spur economic growth in her first Tory conference speech as leader.
She will defend her “new approach” that will “unleash the full potential of our great country”.
But the prime minister will face an arduous task to restore Tory morale after a conference that has seen a sea change in totemic tax policies, cabinet dissent and the threat of another major division over the level of the government. benefits.
Former Cabinet Minister Grant Shapps has warned she has just over a week to salvage her leadership while another member of Boris Johnson’s top team Nadine Dorries said she was not calling for immediate elections because “we would absolutely lose them”.
Ms Dorries had previously suggested Ms Truss go to the country if she wanted a mandate for her tax cuts and high borrowing agenda.
The prime minister, who was only elected Tory leader on September 5, will tell activists in Birmingham that she hopes to create a “new Britain for a new era”, with an unabashedly pro-growth strategy – although not everyone will be in favor of her methods.
Mrs. Truss will say: “For too long our economy has not grown as strongly as it should.
Whenever there is change, there is disruption. Not everyone will be for it. But everyone will benefit from the result
“For too long the political debate has been dominated by how we divide a limited economic pie. Instead, we need to grow the pie so that everyone gets a bigger piece.
“That is why I am determined to take a new approach and get us out of this cycle of high taxes and low growth. That’s what our plan is about: growing our economy and rebuilding Britain through reform.”
Elements of Ms Truss’ plan were set forth in Kwasi Kwarteng’s mini-budget, a statement that sparked market turbulence and ultimately a sea change in the plan to abolish the 45p income tax rate for top earners. But she will take her gamble in search of economic growth, arguing that this is the best way out of the current storm.
“The scale of the challenge is immense,” she will say.
“War in Europe for the first time in a generation. An uncertain world in the wake of Covid. And a global economic crisis.
“That’s why we have to do things differently in Britain.
“When there is change, there is disruption. Not everyone will be for it.
“But everyone will benefit from the result: a growing economy and a brighter future. We have a clear plan for that.”
In addition to measures to boost growth, the prime minister will insist that she maintain an iron grip on national finances, with a leaner state offering value for taxpayers’ money.
She will say, “This is a great country. But I know we can do better and we should do better.
“We have a tremendous amount of talent across the country. We don’t make enough of it. To make this happen, we need to get Britain moving. We cannot have any drift and delay at this crucial moment.”
The magnitude of the challenge Ms Truss faces has been underlined by former Transport Minister Mr Shapps, who was fired when she took office after backing Rishi Sunak’s leadership bid.
He told The News Agents podcast that “the next 10 days are a critical period”, but he would “encourage” her to turn things around.
He suggested that some Tory MPs who risk losing their seats in a general election might consider replacing her with a new leader.
“The question is for Conservative MPs, if at least they think, ‘Well, I’m going out in the next election,’ then they might as well roll the dice and choose a new leader.”
Mrs. Truss’s former leadership competes with Penny Mordaunt and Suella Braverman the limits of the cabinet’s collective responsibility.
Ms. Mordaunt joined the rebels in the back seat, calling for benefits to be increased in line with inflation, which was around 10%, rather than profits at 5%.
Home Secretary Mrs Braverman was reprimanded by senior government officials after suggesting that the UK should leave the European Convention on Human Rights – something that is not official policy but was a striking promise she made during the leadership contest.
Speaking at a Spectator fringe event, she said her personal opinion was “Ultimately we must leave the European Convention on Human Rights”, but “The government’s policy is to do everything we can within the treaty, within the limits of The treaty”.
“But if that doesn’t work, then we’ll have to consider all options.”
A government source told the PA news agency: “As Suella acknowledged, her personal views are contrary to government policy and if she wants to make those views known within the government, she should do so in a more appropriate environment.”