UK's Liz Truss abandons tax cuts, axes finance chief

U.K. Prime Minister Liz Truss fired her Treasury chief and reversed course on a significant part ofon Friday to bring calm after weeks of political and financial turmoil in the nation.

Truss, who has been in office only six weeks, announced in a press conference that she had scrapped roughly 20 billion pounds worth of tax cuts proposed by the government last month, saying she was acting to "reassure the markets of our fiscal discipline." Britain's Prime Minister Liz Truss attends a press conference in the Downing Street Briefing Room in central London on October 14, 2022, following the sacking of the finance minister in response to a budget that had sparked markets chaos.

Cretins

Why?

The left has f*cked that country beyond repair...

Got her elected…wow pretty ballsy move

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Britain’s Prime Minister Liz Truss fires finance chief after less than 6 weeks on jobChancellor of the Exchequer Kwasi Kwarteng accepted Liz Truss’s request to “stand aside” following weeks of political and economic turmoil. “You have asked me to stand aside as your Chancellor. I have accepted,” Kwarteng wrote in his resignation letter.
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