Liz Truss comments on failure tax policy, for first time
Liz Truss has said she was never given a “realistic chance” to implement her radical tax-cutting agenda by her party. In a 4,000-word essay in the Sunday Telegraph, Ms Truss…
Liz Truss couldn’t pay at restaurant: her card was declined
Liz Truss had to have a friend pay for her lunch at a restaurant after her own card was declined for payment. Britain’s shortest-serving former Prime Minister, 47, had her…
UK prime minister resigns after just 44 days
The announcement, made by Truss outside Downing Street, follows the near-complete evaporation of her political authority which has seen her crash the markets, lose two key ministers and shed the…
New Chancellor reverses almost all mini-budget tax cuts
The government will reverse almost all the tax cuts it announced last month, Chancellor Jeremy Hunt has said. But Mr Hunt said the cuts to stamp duty paid on house…
Liz Truss is refusing to back down on tax-cutting
Liz Truss has admitted that she “should have laid the ground better” for the government’s tax-cutting mini-budget after the pound slumped to a record low. The prime minister said she…
More than 100,000 people have signed a government petition calling for an immediate general election
More than 100,000 people have signed a government petition calling for an immediate general election “to end the chaos of the current government”. The number of signatures means the threshold…
U.S. wants to persuade Liz Truss to abandon tax cuts
The Biden administration is alarmed over the market turmoil triggered by the new UK government’s economic program and is seeking ways to encourage Prime Minister Liz Truss’s team to dial…
Liz Truss justifies the chancellor’s risky moves amid likely crisis
The Labour leader, Sir Keir Starmer, has called for the recall of parliament to address the financial crisis. He urged the government to abandon the mini-budget measures which triggered the…
New government is making historic tax cuts in the UK
Britain’s new finance minister Kwasi Kwarteng unleashed historic tax cuts and huge increases in borrowing on Friday in an economic agenda that floored financial markets, with sterling and British government…
Liz Truss made her first speech at the United Nations
British Prime Minister Liz Truss on Wednesday accused Russian President Vladimir Putin of making “saber-rattling threats” to cover his failed invasion of Ukraine, as she told the United Nations that…