In the midst of a struggle for her political survival, Liz Truss faces a test in Parliament

In the midst of a struggle for her political survival, Liz Truss faces a test in Parliament

Liz Truss attends a press conference in London, Britain on October 14, 2022. pool / Reuters

Rejected by public opinion, and her majority challenged, after six weeks in power, Liz Truss on Wednesday, October 19, faces lawmakers for the first time since abandoning her economic platform.

Severely weaker, British Prime Minister Les Truss This Wednesday, October 19, MPs are facing for the first time since an open country abandoned its economic program, a test of their ability to recover and survive in Downing Street.

This is only her third session of Parliament’s weekly meeting of questions, but it is already a matter of political survival for Liz Truss, in that rhetorical exercise she is much less comfortable than her predecessor Boris Johnson.

reflect

Rejected by public opinion, and challenged by their majority, after six weeks in power, Liz Truss actually sees her power reduced to shreds. In an effort to calm the economic and political storm, the 47-year-old prime minister has had to almost completely reverse the massive tax cuts she promised in her campaign this summer.

The question-and-answer session in Parliament will be her first speech since the BBC interview on Monday evening, where she said to herself:Sorry” for him “mistakes‘, while showing his determination to stay in power. But is there still time to hope for a remedy? According to a YouGov poll, only one in ten Britons has a favorable opinion of Liz Truss, and one in five among Tory voters.

And 55% of majority party members believe Liz Truss should resign, while 38% want her to remain. 32% want Boris Johnson to return to power, and 23% would prefer to see former Finance Minister Rishi Sunak in Downing Street.

There is no clear successor

The crisis goes back to the end of September.small budgetto his then finance minister, Kwasi Quarting, which consisted of massive tax cuts and massive subsidies for energy bills, which raised fears of a slippage in the public accounts. The pound fell to an all-time low and long-term government borrowing rates rose. The Bank of England had to intervene to prevent the situation from deteriorating into a financial crisis.

New Finance Minister Jeremy Hunt, who was hastily appointed on Friday, has rolled back nearly all of his predecessor’s tax cuts, giving the impression that power is now in his hands and not the government’s leader. The latter attended, silently, the presentation of this humiliating coup d’etat in Parliament by Jeremy Hunt. She was represented by another minister, Penny Mordaunt, to explain herself to the opposition.

scary austerity

Markets seemed reassured and the IMF welcomed the return tobudget discipline“.But then, everything remains to be done and the next few months will be difficult with a frightening return to austerity raising fears of a worsening social crisis caused by accelerating inflation and the specter of stagnation.

Two years after the upcoming parliamentary elections, the Labor opposition outperforms the Conservatives at the polls. Five lawmakers from her party have already publicly urged Liz Truss to leave. But in the absence of a clear successor, conservatives are reluctant to engage in a new and lengthy nomination process and are looking for consensus to agree on a name, but they seem far from successful.

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see also – Liz Truss’ silence on budget issues is upsetting

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