Lord Hague, the former leader of the Conservative Party, has accused the government of behaving “unfettered by reality” when he suggested Liz Truss had ignored the political realities of the “real world” with her mini-budget.
The former minister backed Rishi Sunak’s bid for the Tory leadership. He was asked how he felt about Mr Sunak’s warnings about unfunded tax cuts and increased borrowing being proved right.
He told Times Radio: “Well, that’s what happens in democracy: you warn about something and people decide to do the opposite and then you have to live with it somehow.
“But it’s not good. It’s like the government started, the new ministers… sort of unconstrained by reality, in a kind of political metaverse where you’re not actually constrained by reality.
“But in the real world you are limited by the reaction of voters, political colleagues and financial markets.
“You don’t have to please all three all the time, but you can’t do without all three of them, and that’s the situation they’re in now.”
Lord Hague said the government’s mantra should now be “don’t make it worse”.