I will run the economy like Margaret Thatcher

ishi Sunak, the Indian origin contender for the prime Rministership of the UK, said he will run the British economy like former Prime Minister Margaret Thatcher, if he wins. In his first campaign interview to The Daily Telegraph, the pro ruling Conservative party daily broadsheet, he remarked: “We will cut taxes and we will do it responsibly.” He added: “That’s my economic approach. I would describe it as common sense Thatcherism. I believe that’s what she would have done.” He continued: “If you read her speeches — and I’ve quoted her and Nigel Lawson (an erstwhile Conservative chancellor of the exchequer) in other lectures I’ve given — her approach to these things was to make sure that as a nation you have to earn what you spend.” Sunak was speaking in the context of a serious cost of living crisis gripping Britain, with a recession feared by economists. This has catapulted the UK’s economy as the main issue in the ballots to determine who will be the next leader of the ruling Conservative party and therefore the prime minister. Thatcher was a shrill right-wing, pro-market leader, who served as Britain’s prime minister between 1979 and 1990. She is a revered figure in Conservatives circles; but generally reviled in the now opposition Labour and Liberal Democrat parties.

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