Liz Truss resignation honours list revealed: Major donor and Trussonomics guru awarded peerages

© Provided by The i Liz Truss, who was prime minister for just 49 days, has nominated several of her closest supporters for peerages

Liz Truss has nominated several of her closest supporters for peerages in her resignation honours list, i understands.

The venture capitalist Jon Moynihan, who was chairman of her leadership campaign and one of the architects of Trussonomics, is among four people recommended for seats in the House of Lords.

Ms Truss, who was prime minister for just 49 days, is expected to have her honours list approved before her predecessor Boris Johnson, whose own list has been beset by delays over some of his nominations.

From Ms Truss’ list there are also peerage nominations for Mark Littlewood, the director general of the free market think tank The Institute of Economic Affairs, Matthew Elliott, one of the masterminds of the Vote Leave campaign, and Ms Truss’ long-term political adviser Ruth Porter.

Mr Littlewood’s think tank backed Ms Truss’ and Kwasi Kwarteng’s economic strategy, which led to the disastrous mini-budget that crashed the pound.

He is a former head of press for the Liberal Democrats, and may choose to sit as a Lib Dem, Conservative or crossbench peer. Mr Littlewood has been friends with Ms Truss since they were at Oxford together.

As chief executive of Vote Leave, Mr Elliott successfully campaigned for Brexit alongside Dominic Cummings. He was also one of the founders of the low-tax campaign group TaxPayers’ Alliance, has also held senior roles at the libertarian group Big Brother Watch and Business For Britain and was campaign director of NOtoAV in the Alternative Vote referendum in 2011.

Ms Porter is a former communications director at the IEA and is currently a director at the crisis management firm FGS Global. She was co-campaign director of Ms Truss’ successful Tory leadership bid in last summer’s contest to succeed Mr Johnson.

During Ms Truss’ short-lived tenure in No10, Ms Porter was the PM’s deputy chief of staff.

Sources close to Ms Truss declined to comment.