UK crisis: Truss admits misstep, says Kwarteng didn't inform cabinet of top tax rate move - News Summed Up

UK crisis: Truss admits misstep, says Kwarteng didn't inform cabinet of top tax rate move


UK Prime Minister Liz Truss on Sunday conceded she should have better prepared Britain for her recent debt-fuelled mini-budget, which sparked a week of market turmoil, dismal headlines and disastrous polls. Less than a month into the job but already mired in a deep crisis, the new Tory leader insisted her controversial plans would return Britain to economic growth, as it grapples with decades-high inflation and imminent recession. One poll Friday by YouGov found that 51 percent of Britons think that Truss should resign -- and 54 percent want Kwarteng to go. Echoing Blair, Labour leader Keir Starmer says that his party now represents mainstream UK voters, and has demanded Truss recall parliament rather than press ahead with her conference. As it is, both Sunak and former prime minister Boris Johnson are reportedly staying away from Birmingham.


Source: News 24 October 02, 2022 23:00 UTC



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