As U.K.'s Truss fights for job, new finance minister says she made mistakes

  • 📰 ottawasuncom
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 92%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Britain\u0027s new finance minister Jeremy Hunt said on Saturday some taxes would go up and tough spending decisions were needed.

In an attempt to appease financial markets that have been in turmoil for three weeks, Truss fired Kwasi Kwarteng as her chancellor of the exchequer on Friday and scrapped parts of their controversial economic package.Sign up to receive daily headline news from the Ottawa SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

She said Hunt would lay out at the end of the month the plan to get national debt down “over the medium term.” “We will have some very difficult decisions ahead,” he said. “The thing that people want, the markets want, the country needs now, is stability.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

As U.K.'s Prime Minister Liz Truss fights for job, new finance minister says she made mistakesThe fact that Jeremy Hunt is Britain\u0027s fourth finance minister in four months is testament to a political crisis that has gripped Britain since Johnson was… How long will this minister last?
Source: VancouverSun - 🏆 49. / 61 Read more »

As U.K.'s Truss fights for job, new finance minister says she made mistakesBritain\u0027s new finance minister Jeremy Hunt said on Saturday some taxes would go up and tough spending decisions were needed.
Source: TheTorontoSun - 🏆 23. / 68 Read more »