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Tag Archives: Liz Truss

UK PM Election Set For Oct 28 – Official

The election to replace outgoing UK Prime Minister Liz Truss as leader of the Conservative Party should take place by October 28, the official in charge said Thursday. This is following the resignation of Truss on Thursday, just 45 days after assuming the office, the shortest tenure of any British prime minister. …

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BREAKING: UK Prime Minister, Truss, Sacks Chancellor

British Prime Minister Liz Truss on Friday dismissed her Finance Minister, forcing Kwasi Kwarteng to carry the can for turmoil sparked by her right-wing economic platform as restive Conservatives plotted her own demise. The chancellor of the exchequer was dismissed in person by Truss after he rushed back early from …

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UK PM Justifies ‘Controversial’ Tax cuts

United Kingdom Prime Minister Liz Truss defended her tax cuts policy on Thursday, despite triggering market turmoil and forcing a Bank of England intervention to prevent “material risk” to the economy. “We had to take urgent action to get our economy growing, get Britain moving, and also deal with inflation,” …

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