The Guardian covers Liam Fox's speech at the IEA
In a call to arms, Fox called for an end to the ringfencing of Whitehall departments, which would lead to dramatic cuts in NHS spending.
Calling for lower taxes, Fox said: “The great socialist coup of the last decade was making wealth an embarrassment. It is not. It is the prize for aspiration and hard work, and its side effects are higher tax revenues, more jobs and more investment.”
The speech by the former defence secretary to the Institute of Economic Affairs (IEA) comes after Theresa May positioned herself over the weekend for a future Tory leadership by outlining her political creed in a speech that went well beyond her brief as home secretary.
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