New UK finance minister Hunt reverses Truss' economic plan in dramatic U-turn

Indonesia Berita Berita

New UK finance minister Hunt reverses Truss' economic plan in dramatic U-turn
Indonesia Berita Terbaru,Indonesia Berita utama

Britain's Chancellor of the Exchequer Jeremy Hunt has now reversed all the policies that helped Liz Truss become Conservative Party leader and premier less than six weeks ago.

, Truss fired Kwarteng on Friday, saying she accepted her plans had gone “further and faster” than investors were expecting.

The Resolution Foundation think tank said Britain was again embarked on a “tax raising economic agenda,” with typical households set to lose around 1,000 pounds of income. “She is making the necessary difficult decisions to change our approach so we can provide the economic stability and maintain that stability of leadership which is important as well,” he said.

The fourth British prime minister in six years, Truss was only formally appointed to the role on September 6.

 

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

UK finance minister Hunt vows to win back financial market trustUK finance minister Hunt vows to win back financial market trust'What I'm going to do...is to show the markets, the world...that we can properly account for every penny of our tax and spending plans,' says newly appointed British finance minister Jeremy Hunt.
Baca lebih lajut »



Render Time: 2025-01-09 11:51:00