Tory leadership race: Six key moments from the truce and craze debate with Sky TV’s Kay Burley

From the skeleton in their closet to warnings of the Bank of England’s protracted recession and the confrontation over their economic policies, Liz Truss and Rishi Sunak discuss a range of topics during their latest televised debate.

Two Tory leadership candidates appeared on Sky News’ ‘The Battle for Number 10’ Thursday night, in which they took separate questions from party members.

The two were also interviewed by Sky News presenter Kee Burley.

Here are the key points raised during the 90-minute long TV show.

Miss Truss and Mr Sunak clash over their economic policies after the Bank of England warns of a protracted recession

Asked about the Bank of England’s forecast for an outright recession and 13 percent inflation, the foreign secretary stressed that a recession is not inevitable.

She told the studio audience: “What the Bank of England has said today is certainly extremely worrying, but it is not inevitable. We can change the outcome and we can make it more likely that the economy grows.”

She said she wants to keep taxes low and “do everything we can to grow the economy by taking advantage of post-Brexit freedoms, freeing up investment, changing things like buying rules and doing things differently.” Huh”.

On the other hand, the former chancellor warned that Ms Truss’s plan would make the dire economic situation worse, warning of “misery for millions” by “adding fuel to the fire”.

He added: “We in the Conservative Party need to be real and fast because the lights on the economy are turning red and the root cause is inflation.

“I worry that Liz Truss’s plans will make the situation worse.”

Ms Truss said there was ‘no skeleton’ in her cupboard and Mr Sunak insisted she never benefited financially from a tax haven

Ms Truss insists she has nothing to hide, telling the debate to Sky News: “There are no skeletons in my closet.

“I think a lot of what I’ve said and done is known very publicly.”

Meanwhile, the former chancellor was asked if he had ever benefited financially from the tax haven, to which he quickly replied “no”.

Asked about Thelem Partners, a venture capital firm registered in the Cayman Islands, Mr. Sunak said: “I personally have never taken a profit and paid absolutely normal taxes wherever I live.”

Mr. Sunak said he would not back down

Mr Sunak insisted he would fight an incredibly hard fight “until the last day” of the leadership campaign, telling a Conservative Party member in the audience that the “quick answer is no” when questioned whether any The point at which he will step aside. The race to be a leader.

He added that he is “fighting for something I truly believe in” and “wanted to try to convince all of you that I am right”.

Ms Truss continues to face questions over her policy U-turn

The foreign secretary was told by a member of the audience that his £8.8bn policy pledge to cut the public sector wage bill was “quite aggressive” and asked him to apologise.

Ms Truss reiterated her claim that she had decided to drop the policy proposal because it was being misinterpreted, and stopped short of apologizing.

She said instead: “I don’t think there’s anything to be ashamed of, saying publicly that it’s not working as I wanted it to, and so I changed my position on it.” And I’m not going ahead with it. This.”

Ms Truss said she would not travel to Taiwan as prime minister

Ms Truss has said she will not go to Taiwan if she becomes prime minister.

Asked about it by Sky News presenter K Burley, the foreign secretary said: “No. Our old position is that the Foreign Secretary, the Defense Ministry and the Prime Minister do not visit Taiwan.

The Foreign Secretary was also asked whether Britain should start arming Taiwan amid tensions with China.

She told the Sky News debate: “We need to make sure that democracies like Taiwan are defended. And yesterday I made a statement with my fellow G7 foreign ministers about the very difficult situation in Taiwan, and that rhetoric expressed concern about what we are hearing from China, which is rhetoric.

“Of course, we have a very secure control system for exports to the United Kingdom. And we currently export licenses to Taiwan, exports that are provided by the private sector.”

Mr Sunak slams Ben Wallace’s remarks he slammed Boris Johnson over defense funding

Last week, Defense Secretary Ben Wallace accused Mr Sunak of trying to block funding for defense spending in 2019, only to be dismissed by the prime minister himself.

Asked about it Mr. Sunak said “this is not right”.

He continued: “I won’t speak ill of any of my colleagues. But after all, I am the chancellor who is responsible for the decisions of how we spend our money. And that’s what I did.”