ADVERTISEMENT
Daily Expert News
No Result
View All Result
Monday, July 14, 2025
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Arts & Culture
  • Education & Career
  • India
  • Politics
  • Top Stories
Daily Expert News
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Arts & Culture
  • Education & Career
  • India
  • Politics
  • Top Stories
No Result
View All Result
Daily Expert News
No Result
View All Result
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Arts & Culture
  • Education & Career
  • India
  • Politics
  • Top Stories
Home Business

British Prime Minister Liz Truss defends ‘decisive action’ of mini-budget amid unrest

by Nick Erickson
September 29, 2022
in Business
Reading Time: 3 mins read
128 5
0
UK PM Liz Truss Defends
153
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


Liz Truss said “difficult decisions” had to be made to improve the situation in the UK.

London:

British Prime Minister Liz Truss on Thursday defended her government’s controversial mini-budget, which has sparked widespread economic turmoil, stressing that it was the “decisive action” needed for long-term growth.

In her first round of interviews with local BBC radio stations across the country since the tax cut and high government loan measures were tabled by Chancellor Kwasi Kwarteng in the House of Commons last week, the recently elected leader urged “controversial and difficult decisions”. taken to improve the situation in the UK.

Truss was keen to continue highlighting the largely welcome action being taken to freeze fuel bills for households and businesses amid rising global energy costs in the wake of the Russia-Ukraine conflict.

“We had to take decisive action to get people through this winter and next winter,” Truss said.

“I understand that families are struggling with their fuel bills and we needed to take urgent action to grow our economy and get Britain moving and also to tackle inflation. And of course that means making controversial and difficult decisions and I’m willing to do that as Prime Minister because what’s important to me is that we get our economy moving,” she said.

Truss was repeatedly challenged over the tumbling pound against the dollar and the Bank of England having to step in with emergency measures to buy back the country’s long-term bonds, and Truss insisted the tax cuts announced last week were the right answer.

“If we have higher taxes going into tough economic times, it’s likely to lead to a recession. I want people to stay in work and earn higher wages,” she said.

Asked whether her government’s policy of cutting taxes on the very wealthy was fair to the general public amid a cost of living crisis, she added: “The reality is that taxes on the being lowered across the board… everyone helps because it helps the economy grow and for too long the debate in this country has been about distribution, not how we grow our economy.

“It’s not fair to have a recession, it’s not fair to have a city where you don’t get the investment, it’s not fair if we don’t get high-paying jobs in the future because we get the highest tax .” burden in 70 years. That’s what’s not fair.” Truss, who beat former Indian Chancellor Rishi Sunak in the Tory leadership election earlier this month on her pledges to cut taxes, insisted there were “tough markets around the world.” and that the problem in the UK was therefore not an isolated one.

The scheduled interview rounds come ahead of the ruling Conservative Party’s annual conference, which begins this weekend in Birmingham. It will be Truss’ first appearance as party leader at the annual event, where the economy and ongoing unrest are expected to dominate much of the agenda.

(This story was not edited by DailyExpertNews staff and was generated automatically from a syndicated feed.)

Tags: actionBritishDailyExpertNewsDecisivedefendsLizminibudgetMinisterPrimeTrussunrest

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe

Related Posts

Business

Access refused

July 13, 2025
Business

Access refused

July 12, 2025
Business

Access refused

July 11, 2025
Business

Access refused

July 10, 2025
Business

Access refused

July 6, 2025
Business

Access refused

July 5, 2025
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
This optical illusion has a revelation about your brain and eyes

This optical illusion has a revelation about your brain and eyes

June 6, 2022
NDTV Coronavirus

Viral video: Chinese woman pinned down, Covid test carried out by force

May 5, 2022
NDTV News

TGIF Mood: Video of Bear Cub Dancing in the Forest Melts 2.5 Million Hearts

June 3, 2022
Hundreds In Sarees At UK

Hundreds of sarees at Britain’s Royal Ascot Horse Race to help Indian weavers

June 16, 2022
The shock of chopping up a Chanel bag

The shock of chopping up a Chanel bag

1
NDTV News

Watch: Researchers Discover the World’s Largest Factory in Australia

1
Skyrocketing global fuel prices threaten livelihoods and social stability

Skyrocketing global fuel prices threaten livelihoods and social stability

1
No Guns, No Dragons: Her Video Games Capture Private Moments

No Guns, No Dragons: Her Video Games Capture Private Moments

1
These boards are vivid posters that will show how much hidden fat and sugar lurk in everyday snacks, aiming to treat junk food like tobacco.

Samosas, Jalebis to wear health warnings in cigarette style: Government to flags Hidden fat and sugar | Mint

July 14, 2025
Watch Viral Video: : Jammu and Kashmir Chief Minister Omar Abdullah, National Conference (JKNC) chief Farooq Abdullah and others pay tribute to July 13 martyrs at Naqshband Sahib graveyard in Old City of Srinagar, Monday, July 14, 2025. A day after being locked indoors, J-K CM and other JKNC leaders on Monday slipped through security barricades to pay tributes at the graveyard. (PTI Photo/S Irfan) (PTI07_14_2025_000114B)

Watch Viral Video: Omar Abdullah Scales The Kerkhof wall, confronts the police in the midst of Martela Day row in Kashmir | Today News

July 14, 2025
Grok 4 seems to refer to the views of Musk when answering questions

Elon Musk says he does not support a merger between Tesla and Xai

July 14, 2025

Top 10 water-resistant smartwatches perfect for fitness, travel and everyday use | Mint

July 14, 2025

Recent News

These boards are vivid posters that will show how much hidden fat and sugar lurk in everyday snacks, aiming to treat junk food like tobacco.

Samosas, Jalebis to wear health warnings in cigarette style: Government to flags Hidden fat and sugar | Mint

July 14, 2025
Watch Viral Video: : Jammu and Kashmir Chief Minister Omar Abdullah, National Conference (JKNC) chief Farooq Abdullah and others pay tribute to July 13 martyrs at Naqshband Sahib graveyard in Old City of Srinagar, Monday, July 14, 2025. A day after being locked indoors, J-K CM and other JKNC leaders on Monday slipped through security barricades to pay tributes at the graveyard. (PTI Photo/S Irfan) (PTI07_14_2025_000114B)

Watch Viral Video: Omar Abdullah Scales The Kerkhof wall, confronts the police in the midst of Martela Day row in Kashmir | Today News

July 14, 2025

Categories

  • Africa
  • Americas
  • art-design
  • Arts
  • Arts & Culture
  • Asia Pacific
  • Astrology News
  • books
  • Books News
  • Business
  • Cricket
  • Cryptocurrency
  • Dance
  • Dining and Wine
  • Economy
  • Education & Career
  • Entertainment
  • Europe
  • Fashion
  • Food
  • Football
  • Gadget
  • Gaming
  • Golf
  • Health
  • Hot News
  • India
  • Indians Abroad
  • Lifestyle
  • Markets
  • Middle East
  • Most Shared
  • Motorsport
  • Movie
  • Music
  • New York
  • Opinion
  • Politics
  • press release
  • Real Estate
  • Review
  • Science & Space
  • Sports
  • Sunday Book Review
  • Tax News
  • Technology
  • Television
  • Tennis
  • Theater
  • Top Movie Reviews
  • Top Stories
  • Travel
  • Uncategorized
  • Web Series
  • World

Site Navigation

  • Home
  • Advertisement
  • Contact Us
  • Privacy & Policy

We bring you the Breaking News,Latest Stories,World News, Business News, Political News, Technology News, Science News, Entertainment News, Sports News, Opinion News and much more from all over the world

©Copyright DailyExpertNews 2023

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Contact Us
  • Home
  • Top Stories
  • World
  • Economy
  • Business
  • Opinion
  • Markets
  • India
  • Education & Career
  • Arts
  • Advertisement
  • Tax News
  • Markets

©Copyright DailyExpertNews 2023

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?