STORY – The British Prime Minister is looking, among moderate Tories in particular, for support to deal with a crisis that could see her break the record for the shortest term in Downing Street in the history of the kingdom.
Correspondent in London
Liz Truss would now be just a “prime minister in name onlyaccording to former Conservative Chancellor of the Exchequer George Osborne. A titular prime minister, but now without power, without a program and without support. In fact, on Monday, new Finance Minister Jeremy Hunt threw away everything she had campaigned on. And the justifications for keeping him in power appear increasingly thin. Appointed in disaster on Friday after the landing of Kwasi Karteng, the new Chancellor of the Exchequer canceled almost all the tax cuts proudly announced by Liz Truss last month. This “mini-budget” had panicked the markets and caused the pound to plummet to its historic low, forcing the Bank of England to play the rescuers. The Prime Minister had already reversed a tax cut benefiting the wealthiest Britons and had given up on canceling the tax hike…
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