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LONDON, October 18 (PTI) British Prime Minister Liz Truss has apologised for the tumultuous first weeks of her leadership, which have involved some of the most dramatic U-turns in British politics.
Truss, speaking for the first time since her new chancellor, Jeremy Hunt, overturned her entire tax-cut agenda, admitted mistakes on Monday night but insisted she had nowhere to go Can go, and will lead the Conservative Party into the next general election. As rebel voices in her party have grown louder in recent days, the Conservative leader has insisted she remains focused on her mission of economic growth “in the service of the British people”.
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“I admit we made mistakes. I’m sorry for those mistakes, but I correct them,” Truss said.
“I appointed a new prime minister and we have restored economic stability and fiscal discipline. What I want to do now is continue to serve the public. We were elected on the 2019 manifesto, and I want to go on and deliver that,” she said.
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She told the BBC she was “holding on” because she was chosen to serve the country.
“We’re in difficult economic times; we’re in a different international period, there’s a war going on in Ukraine. Now is the time to focus on delivering, making sure we’re delivering our energy package,” she said.
In her tax cut growth plan, proposed and fully reversed by her now-fired former prime minister Kwasi Kwarteng, she explained: “I want to take action…to help people deal with it. Energy bills to deal with high taxes, but we’re going too far, too fast. I admit it.
She was speaking at the end of another busy day when new Treasurer Jeremy Hunt made an emergency fiscal statement scrapping almost all the tax cuts announced in last month’s small budget. He insisted he remained “very confident” in the UK’s “long-term economic prospects” but growth required confidence and stability and the UK would always pay the price.
It urges to replace Truss as Conservative leader and prime minister, with Hunt seen as the de facto chief, doing all that bears no resemblance to the so-called “Trath economics” or Leeds Truth’s vision for tax cuts The decision by the office comes in a leadership contest with former prime minister Rishi Sunak.
(This is an unedited and auto-generated story from the Syndicated News feed, the body of the content may not have been modified or edited by LatestLY staff)
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