<div style="text-align: justify; "><b style="font-size: 1rem;">Liz Truss has said she was never given a "realistic chance" to implement her radical tax-cutting agenda by her party.</b><br></div><div style="text-align: justify;"><br></div><div style="text-align: justify;">In a 4,000-word essay in the Sunday Telegraph, Ms Truss stood by her plans to boost economic growth, arguing they were brought down by "the left-wing economic establishment".</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">They are the first public comments the ex-PM has made on her resignation.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">But she said she was not "blameless" for the unravelling of the mini-budget.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">Ms Truss was forced to quit after she and her chancellor Kwasi Kwarteng's £45bn package of unfunded tax cuts panicked the markets and tanked the pound to a record low.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">Her brief time in power - 49 days - made her the shortest-serving prime minister in UK history.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">Ms Truss said that while her experience last autumn was "bruising for me personally", she believed that over the medium term her policies would have increased growth and therefore brought down debt.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The ex-PM said she had not been warned of the risks to the bond markets from liability-driven investments (LDIs) - bought up by pension funds - due to the mini-budget, which forced the Bank of England to step in to prevent them collapsing as the cost of government borrowing soared.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The government did not tell the Bank of England about its tax cut plans before the mini-budget, one of its deputy governors said at the time.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">But the ex-PM argued that the government was made a "scapegoat" for developments that had been brewing for some time.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">She wrote: "While the government was focused on investigating what had happened and taking action to remedy the situation, political and media commentators cast an immediate verdict blaming the mini-budget.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">"Frankly, we were also pushing water uphill. Large parts of the media and the wider public sphere had become unfamiliar with key arguments about tax and economic policy and over time sentiment had shifted leftwards.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">"Regrettably, the government became a useful scapegoat for problems that had been brewing over a number of months."</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">After 100 days of "soul searching" we have a version of events from the shortest serving UK Prime Minister in history.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">This is Liz Truss's catastrophic time in office, described and defended in her own words.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">At some length, she attempts to argue her case and answer for her actions. There is reflection and regret but not the apology which many might expect.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">What burns through this 4000 word essay is a sense from Liz Truss that almost everything was against her as she makes a case for what might have been.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The system, officials, Conservative MPs all played a part, she argues, in stopping her from achieving her aim of economic growth through tax cuts and de-regulation.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">There are breath taking reminders of how high the stakes were as her policies sent shockwaves through the economy - Kwasi Kwarteng had to go to avoid "a serious meltdown for the UK" and "the starkest of warnings" came from officials that the country may have to default on its debt.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">Despite her downfall, Liz Truss argues many still share her enthusiasm for what she was trying to achieve.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">1px transparent line</div><div style="text-align: justify;">And as Conservatives engage in open debate about whether her successor Rishi Sunak should move to cut taxes more quickly, she's promised more to come.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">She also said she had not appreciated the strength of the resistance she would face to her plans - including plans to abolish the 45p top rate of income tax.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">"I assumed upon entering Downing Street that my mandate would be respected and accepted. How wrong I was. While I anticipated resistance to my programme from the system, I underestimated the extent of it," she writes.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">Mr Kwarteng dropped the 45p income tax proposals 10 days after they were announced, telling the BBC it was "a massive distraction on what was a strong package".</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">Less than a fortnight later, Ms Truss sacked Mr Kwarteng, something she said she was "deeply disturbed by".</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">"Kwasi Kwarteng had put together a brave package that was genuinely transformative - he is an original thinker and a great advocate for Conservative ideas. But at this point, it was clear that the policy agenda could not survive and my priority had to be avoiding a serious meltdown for the UK," she wrote.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">With the benefit of hindsight, she writes that she would have acted differently during her premiership - but she still backs her plans for growth.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">"I have lost track of how many people have written to me or approached me since leaving Downing Street to say that they believe my diagnosis of the problems causing our country's economic lethargy was correct and that they shared my enthusiasm for the solutions I was proposing," she said.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">"While I regret that I wasn't able to implement my full programme, I am still optimistic for the future, with the United Kingdom now able to steer its own course as a free nation."</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">While Liz Truss resigned as prime minister, she is still serving in parliament as the MP for South West Norfolk. BBC</div><div style="text-align: justify;"><br></div><div style="text-align: justify; ">bnbd24/kh</div>