LONDON — British Prime Minister Liz Truss on Thursday defended her divisive economic plan and shrugged off the turmoil it has stirred in financial markets, saying she’s willing to make “controversial and difficult decisions” to get the U.K. economy growing. In her first public comments since her Conservative government announced billions in unfunded tax cuts last Friday that drove the …
Sterling fell as much as 1% on Thursday before cutting losses and turning positive as the dollar wavered and British Prime Minister Liz Truss defended the government's economic plans. Truss said big tax cuts were the right path for Britain and refused to consider reversing the so-called "mini budget" laid out last week, which triggered chaos in markets. Adam Cole, …
The comment comes in the wake of France’s foreign minister Jean-Yves Le Drian accusing the country of “constant opportunism” London: Britain’s new security agreement with the US and Australia showed the country’s “hard-headed” commitment to stability in the strategic Indo-Pacific region, UK’s new foreign secretary Liz Truss said on Sunday. The alliance — widely seen as an effort to counter …
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