Bolton's residents are still struggling as a result of Liz Truss's time in No 10, a Labour MP said, as the ex-Prime Minister suggested her downfall was not her doing.

Jonathan Ashworth cited the town as an example as he called on the current Prime Minister to block Ms Truss's Resignation Honours in an interview on Sky News.

The Labour MP, who is the shadow Paymaster General, took issue with a speech to the Institute for Government think tank in which the ex-Prime Minister said her policies were not popular on the "London dinner party circuit".

Ms Truss was ousted from No 10 after less than 50 days in power after a budget, or Plan for Growth, was outlined by her chancellor Kwasi Kwarteng last year.

Mr Ashworth told Sky News: "The issue is it is 12 months since the disastrous decisions of the Conservative Government which ran our economy off the cliff. It led to a run on pensions, it meant homeowners are paying hundreds if not thousands of pounds more on their mortgages. 

"At the same time I think something like 300 billion was wiped off the value of properties so people’s mortgages going up, rent going up, and the value of properties coming down because of decisions taken by the Conservative Government 12 months ago.

"Now for Liz Truss to be saying it was the London dinner party circuit which blocked her when people in Leicester, in Ashfield, in Barry and Bolton and Bolsover are paying more for food, I think it is extraordinary.

“If Rishi Sunak had any backbone, he would block this Liz Truss list, because I don’t think businesses and families paying so much more on their mortgage think this list should go ahead. It is a kick in the teeth."

In the speech to the Institute for Government think tank Ms Truss said her downfall was not her doing.

Instead she said there was resistance to the Plan for Growth from the institutions intended to support it.

She said: "There was a lot of institutional bureaucracy in the way. And even during the leadership election campaign, and maybe this did not make me popular with the Bank of England and the Office for Budget Responsibility, I pointed out there was an orthodoxy in Britain and I tried to challenge the orthodoxy.

"I didn’t find a massive level of support from those institutions."

This article was written by Jack Tooth. To contact him, email or follow @JTRTooth on Twitter.