Sunak and Truss clash over cost of living crisis and recession

Tory leadership rivals disagree on how to turn economy around and avoid predicted downturn in Sky news debate

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Liz Truss has claimed her tax cut plans could avert the looming recession, after the Bank of England forecast 13% inflation and a downturn lasting more than a year.

In a televised leadership interview, the foreign secretary was challenged about gloomy projections made by the Bank on Thursday, as it increased interest rates by 0.5 percentage points.

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