The Prime Minister of the United Kingdom, Liz Truss, took office a little over a month ago and already had to go out and rule out a possible resignation, in addition to apologizing for the “mistakes” she has made, following her plan to reduce taxes would cause a collapse of the financial market.
British Prime Minister, Liz Truss, apologized on Monday for the “mistakes” she has made at the beginning of her term and assured that she will be the conservative candidate in the next general elections.
“I want to accept responsibility and apologize for the mistakes I have made,” the prime minister said in an interview with the BBC with whom she is trying to fight to stay in office, despite mounting pressure to resign.
Truss pointed out that with the massive tax cuts he promised when he took office he intended to help people pay their energy bills, but that he went “too far and too fast”, so he replaced his finance minister with Jeremy Hunt, ” with a new strategy to restore economic stability.”
In addition, in the face of the voices that demand that he leave -five of his own deputies have already done so publicly-, he ruled out the possibility that he will resign voluntarily.
“The important thing is that I have been elected to achieve results for this country. We are facing very tough times. We simply cannot afford to spend time talking regarding the Conservative Party instead of what we need to achieve. That is my message to my colleagues,” she added.
After insisting that he has acted “quickly” to correct his mistakes, affirmed forcefully that he will continue to lead the Executive until the end of the legislature. “I will lead the Conservatives in the next general election,” he said.
Truss’s interview was released on the same day that her new finance minister, appointed on Friday, reversed almost all of the fiscal measures that the prime minister had adopted and that formed the backbone of her government program.
Hunt announced that it cancels the planned reduction from 20 to 19% from April of the basic band of the income tax and that the aid to limit the energy bill for companies and households, which should last two years, will end in April.
Hunt took over the role from Kwasi Kwarteng, who was sacked by Truss following his introduction on 23 September a fiscal plan without details of how it would reduce debt would wreak havoc on financial markets.
The new minister declared today that the drastic changes to that plan, worth regarding 32,000 million pounds (37,000 million euros) a year, aim to “guarantee financial stability and give confidence in the Government’s commitment to fiscal discipline” .
