An unfunded tax cut plan. Market turmoil. Soaring interest rates. One finance minister fired, and another hired to reverse his own boss’s agenda. U.K. Prime Minister Liz Truss’s government is coming apart at the seams. Summary In office for barely six weeks, U.K. Prime Minister Liz Truss is now desperately clinging to power after a disastrous tax cut plan sent markets into turmoil, forcing her to fire her finance minister and install a replacement who immediately reversed nearly her entire …
Tag: Jeremy Hunt
In International, United KingdomTags Boris Johnson, Elizabeth II, Jeremy Hunt, Liz Truss, Rishi Sunak, Sue Gray, United Kingdom Dominic Moore
British Prime Minister Boris Johnson is facing calls to resign over a BYOB party that violated COVID rules. Summary UK Prime Minister Boris Johnson is under investigation and facing calls to resign over a May 2020 …