Ten Things You Need to Know Today: 6 August 2022

The Week’s daily digest of the news agenda, published at 8am

1. Truss takes aim at Bank of England

Liz Truss has accused the Bank of England of “talking Britain into a recession”. The Tory leadership hopeful shrugged off the bank’s warning that the UK would slip into negative growth at the end of this year amid the worst squeeze on living standards for more than 60 years, saying “forecasts are not destiny”. Truss suggested that the way to head off recession was by “keeping taxes low” but her rival, Rishi Sunak, who wants to prioritise tackling rising prices before cutting taxes, said the Tories can “kiss goodbye” to winning the next election if inflation is not brought under control quickly.

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