London Daily

Focus on the big picture.
Thursday, Oct 08, 2026

Liz Truss speech: PM pledges to get country through 'stormy days'

Liz Truss speech: PM pledges to get country through 'stormy days'

Liz Truss has promised to get the country through "stormy days", as she vowed to take on the "anti-growth coalition".

In her speech to the Tory conference, which has been marked by U-turns and internal division, the PM admitted her policies would cause "disruption".

But she said "the status quo is not an option" and "we must stay the course".

The speech came against a backdrop of financial and political turmoil following the government's mini-budget.

Markets reacted badly to the plans for £45bn in tax cuts funded by borrowing, while the government's U-turn on its plan to scrap the 45p tax band for the highest earners was fuelled by opposition from Tory MPs.

The prime minister's speech lasted around 35 minutes - shorter than is usually the case for the party leader at conference - and was briefly interrupted by environmental protesters from Greenpeace, holding up a sign reading "who voted for this?".

Ms Truss - who became PM just one month ago - made no new policy announcements but pledged to stick to her promises to cut taxes and regulations on businesses.

She acknowledged "these are stormy days", citing the global economic crisis caused by the pandemic and the war in Ukraine.

But she added: "I'm determined to get Britain moving, to get us through the tempest and to put us on a stronger footing as a nation."

Ms Truss also vowed to take on the "anti-growth coalition" and "enemies of enterprise", including opposition parties, "militant unions" and environmental campaigners - like the ones, she said, who heckled during her speech.

The prime minister mentioned growth 29 times in her speech, recognising that her goal was "difficult but necessary".

She argued cutting taxes was "the right thing to do morally and economically" as it allowed people to keep more of their own money so they are "inspired to do more of what they do best".

"I believe that you know best how to spend your own money, to get on in life and realise your own ambitions," she said, adding: "I want what you want."

However, in attempt to reassure the markets, she promised to "keep an iron grip on the nation's finances".

Highlighting her own background, Ms Truss said her upbringing in Paisley and Leeds in the 1980s and 1990s meant she knew what it was like "to live somewhere that isn't feeling the benefits of economic growth".

"I have fought to get where I am today," she told the conference, highlighting how the barriers she had faced as a woman "made me angry and it made me determined".

Echoing her predecessor Boris Johnson's pledge when he became prime minister, she promised to "level up" the country "in a Conservative way, ensuring everyone everywhere can get on".

The hall was not packed, but reaction during the speech was positive, and included several standing ovations.

Tory delegates leaving the conference hall echoed this, with one member saying: "She has steel and you need that when you are a woman in politics."

Cabinet ministers seated on the front row for the speech applauded as Ms Truss outlined her priorities. Afterwards Welsh Secretary Sir Robert Buckland was one who praised the leader's message, adding that her speech was "packed full of substance".

However, the liberal Conservative think tank, Bright Blue, accused Ms Truss's government of "amateurism and amorality".

Chief executive Ryan Shorthouse said her economic policies "do very little" for voters who backed the Conservatives in 2019 and "have for a long time felt forgotten".

There was a muted reaction from the financial markets, with the pound falling slightly against the dollar during Ms Truss's speech.

Government borrowing costs also fell but were slightly higher over the day.

The Tory conference has been overshadowed by divisions, after the government made a dramatic U-turn over its plans to scrap the top rate of income tax.

Some cabinet ministers and senior Conservatives have also publicly spoken out against the suggestion increases to some benefits like universal credit could be linked to wages rather than prices, which would amount to a real-terms cut.

Conservative MPs have been told they face suspension from the party - known as losing the whip - if they vote against Ms Truss's tax cuts in Parliament.

Levelling Up Minister Paul Scully told the BBC it would be a "very serious situation" for the government if its mini-budget did not get through and urged Tory colleagues to "think of that before they think about rebelling".

Labour's shadow chancellor Rachel Reeves said Ms Truss had been "at the heart of building a Conservative economy that has led to the flat wages and low growth she highlighted today".

Liberal Democrat leader Sir Ed Davey said: "The Conservatives have lost control of the economy, causing eye-watering mortgage payments, soaring inflation and an ever-deepening cost-of-living emergency."


Watch: Greenpeace campaigners heckle the PM a few minutes into her party conference speech.

How did Liz Truss's conference speech go down?


Newsletter

Related Articles

0:00
0:00
Close
Britain Maintains Diplomatic Mission in East Jerusalem Despite Israeli Closure Deadline
English Councils Push Government to Rethink Proposed Funding Cuts
Scottish Homebuilding Falls to Lowest Level in 11 Years
BBC Chief Matt Brittin Defends Restructuring as Staff Challenge Job Cuts
UK Finance Warns High Energy Costs and Bond Yields Are Complicating Fiscal Outlook
UK Adopts All 44 Recommendations on Regulating AI in Healthcare
Chancellor John Healey Prepares Autumn Budget as Borrowing Costs Strain Public Finances
UK Investigators See Strong Indications of Iranian Link After RAF Fairford Security Operation
Laura Trott Pledges Tighter Controls on Political Activism in UK Classrooms
Welsh Ministers Launch Long-Term Review of North Wales and Anglesey Crossings
Welsh Government Orders 18-Month Study of Road Solutions Around Newport
Reform UK MP Sarah Pochin Faces Scrutiny Over £800,000 Second Home Purchase
British Households Grow More Concerned About Fuel and Energy Prices
NHS Leaders Warn of Rising Winter Pressure on Emergency Departments
Kemi Badenoch Proposes £2.3 Billion Employer National Insurance Cut for Young Workers
Middle East Conflict Could Erase UK Fiscal Headroom, Economists Warn
Manchester City Found Guilty of Multiple Premier League Financial Rule Breaches
UK Security Services Find Strong Indications of Iranian Role in RAF Fairford Incident
Costa Coffee Returns to Operating Profit on Iced Drinks and Menu Changes
Asos Warns Customers After Unauthorized Access to Retail App and Data
Kemi Badenoch Puts Growth and Deregulation at Center of Conservative Conference
Campaigners Warn of Deepening Social Care Crisis for Disabled Adults
Study Finds Rising Early-Onset Cancer Rates Among Adults Under 50 in Britain
UK Coach Operators Warn High Diesel Prices Could Force Route Cuts
FCA Opens Independent Review Into Handling of Epstein-Linked Whistleblower Case
Argentina Vows to Block Falkland Islands Offshore Oil Development
UK Chancellor Prepares Fiscal Measures and Welfare Reforms Ahead of Autumn Budget
Sainsbury’s and Morrisons Explore Potential Multi-Billion-Pound Merger
UK Weighs Tariffs on Chinese Electric Vehicles to Align With European Union
UK Threatens Diplomatic Expulsions Over Planned Closure of East Jerusalem Consulate
UK Energy Price Cap Hits Three-Year High as Middle East Conflict Raises Costs
Seventh Arrest Made in Suspected Terror Plot at RAF Fairford
Systemic Education Collapse Sparks Mass Student Uprisings in France
Green Party Faces Backlash Over Resolution Equating Zionism With Racism
Conservatives Debate Scrapping Environmental Rules for New Homes
Cornwall Insight Warns UK Energy Bills Could Approach £2,000 This Winter
UK Coach Operators Warn of Service Cuts as Diesel Prices Exceed £2
Scottish Parliament Approves £68 Billion Budget With New Tax and Property Measures
FCA Opens Independent Review Into Handling of Epstein Whistleblower
UK Government Drops Plan to Suspend Jury Trials in England and Wales
Bank of England Holds Interest Rate at 3.75% as Markets Watch November
Two Iranian Nationals Charged Over Alleged Plot Targeting Manchester Jewish Community
UK Fiscal Headroom Halves to £11 Billion Ahead of Budget, EY Warns
US Bomber Withdrawal From RAF Fairford Prompts UK Security Review
Sarah Wakfer Appointed Chair of Northern Ireland’s Health and Care Regulator
Scotland Housing Completions Fall to 11-Year Low Amid National Shortage
UK Water Companies Face Tougher Oversight and Unannounced Regulatory Inspections
Middle East Conflict Pushes UK Fuel and Wholesale Energy Prices Higher
Andy Burnham Raises Prospect of Second Brexit Referendum in Review of UK-EU Relations
EY Warns UK Fiscal Headroom Has Halved to £11 Billion Ahead of Autumn Budget
×