British Prime Minister Liz Truss is under surveillance

British Prime Minister Liz Truss is under surveillance

Liz Truss’ face closed, and she looks straight ahead, sitting in her designated spot in the House of Commons. The scene is astonishing, almost agonizing: on the afternoon of Monday, October 17, the leader hears her The new Secretary of the Treasury, Jeremy Hunt, systematically destroying the “small budget” that it has so vigorously defended since it was announced on September 23. She’s still Britain’s prime minister, but she’s clearly lost the game.

The leader has just been denied a major policy, which she had put at the center of her Conservative primary campaign. Now it’s the financial markets dictating the government’s cadence and Jeremy Hunt, who has taken the helm in trying to regain their confidence, was lost after investors received bad reviews from Liz Truss’s economic plans – massive tax cuts not funded. The Bank of England had to intervene several times to prop up the British government bonds it was giving up.

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No more attacks against the supposed “Anti-growth coalition” Underestimating his plans or dreams Singapore on the Thames That Liz Truss, a follower ‘State and taxes less likely’, Hope to put it into practice. The “priority” The country is now in “More”, The Secretary of the Treasury, 72 hours after taking office, on October 14, criticized the Kwasi Kwarting, “small budget” engineer, replaced as prime minister. Jeremy Hunt, David Cameron’s former health minister and Theresa May, who is considered a moderate in the Conservative Party, announced the abandonment of the planned cut from 20% to 19% of the first tax bracket on revenue. He also confirmed the increase in corporate income tax from 19% to 25% in April 2023.

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“Austerity, Season 2”

The failed prime minister, Jeremy Hunt, even sacrificed part of the massive £100 billion (€115 billion) aid package announced by Liz Truss on September 8, just two days after he arrived in Downing Street. The mechanism, which aims to set home energy bills at an average of £2,500 a year for the next two years, has been so well received by the media and markets that the leader has been exploiting it to avoid awkward questions about the ‘small budget’. This assistance must now be limited to six months: From April 2023, it will benefit only the most vulnerable families, Mr Hunt said.

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