British Prime Minister Liz Truss has described herself as “a fighter and not a quitter” as she faces down a hostile opposition and fury from her own Conservative Party over her botched economic plan.
British Prime Minister Liz Truss says she is a fighter, not a quitter, as she faces down a hostile opposition and fury from her own party over her botched economic plan.A package of unfunded tax cuts Truss’ government announced on 23 September sparked turmoil in financial markets, hammered the value of the pound and increased the cost of UK government borrowing.
The Bank of England was forced to intervene to prevent the crisis from spreading to the wider economy and putting pensions at risk. Foreign secretary James Cleverly urged Conservatives to give Truss another chance, saying “mistakes happen”. Asked if the same reassurance could be given for welfare benefit payments, Truss said the country had helped the poorest by providing energy subsidies and that it would always help the most vulnerable.
The Conservatives’ 70-plus majority makes that unlikely, but the vote will be closely watched for signs of dissent about Truss’s leadership.
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