LONDON: The Cabinet is trying to rally behind the embattled British Prime Minister Liz Truss on Thursday as her Conservative Party supporters are fighting her tax-cutting economic policies, which they say benefit the rich amid a cost-of-living crisis and given Opposition Labor Party leading in opinion polls.
Foreign Minister James Cleverly warned that it would be a “damagingly bad idea” to think of replacing Truss as Tory leader, just over a month after she was elected by party members in a leadership battle with former Prime Minister Rishi Sunak on Sunday. September 6.
Since then, the government’s mini-budget drawn up late last month has caused turmoil in financial markets due to concerns about the non-refundable tax cuts introduced by the Prime Minister. Kwasi Kwartengdespite being forced to move to eliminate top rates for the richest people in the country.
“We had to realize that we needed to bring certainty to the market,” Cleverly told BBC related to financial turmoil.
“I think a change of leadership would be a disastrously bad idea, not only politically but economically as well, and we would be completely focused on growing the economy,” he said. .
This will be seen as a stark warning to the Conservatives against Truss’ plot to overthrow him, just weeks after being elected party leader and taking power at 10 Downing Street.
Truss is facing growing calls within her own party to cancel all or part of her economic program, to be completed with a tentative financial report. at the end of the month, to strengthen the UK’s economic position ahead of a tough winter.
Under Tory party rules, Truss can’t technically face a leadership challenge until 12 months unless the powerful 1922 Committee of backing MPs votes to change their rules. .
At the meeting to win the committee attended by Truss on Wednesday night, supporters are said to have clearly expressed their disapproval of the leader’s policies. new.
The BBC cites sources from the 1922 caucus of the Commission as saying that the Tory MP Robert Halfon accused the Prime Minister of “fraudulent blue-collar conservatism” or against the working class. MPs present said he was delighted, while Truss looked “shocked” and said he could come talk to her. But as she left the room, the prime minister said it was a “very good” meeting.
It comes at the end of a tough day, including a barbecue at the Prime Minister’squestion (PMQs) in the House of Commons, in which she dismissed concerns about cutting public spending and stressed that her focus would be on reducing the country’s debt “by making sure that we spend our public money well.” “.
Truss has claimed her tax cut plan is needed to get the UK economy back on track at a time when official data released this week shows the UK is heading towards a recession. .
Foreign Minister James Cleverly warned that it would be a “damagingly bad idea” to think of replacing Truss as Tory leader, just over a month after she was elected by party members in a leadership battle with former Prime Minister Rishi Sunak on Sunday. September 6.
Since then, the government’s mini-budget drawn up late last month has caused turmoil in financial markets due to concerns about the non-refundable tax cuts introduced by the Prime Minister. Kwasi Kwartengdespite being forced to move to eliminate top rates for the richest people in the country.
“We had to realize that we needed to bring certainty to the market,” Cleverly told BBC related to financial turmoil.
“I think a change of leadership would be a disastrously bad idea, not only politically but economically as well, and we would be completely focused on growing the economy,” he said. .
This will be seen as a stark warning to the Conservatives against Truss’ plot to overthrow him, just weeks after being elected party leader and taking power at 10 Downing Street.
Truss is facing growing calls within her own party to cancel all or part of her economic program, to be completed with a tentative financial report. at the end of the month, to strengthen the UK’s economic position ahead of a tough winter.
Under Tory party rules, Truss can’t technically face a leadership challenge until 12 months unless the powerful 1922 Committee of backing MPs votes to change their rules. .
At the meeting to win the committee attended by Truss on Wednesday night, supporters are said to have clearly expressed their disapproval of the leader’s policies. new.
The BBC cites sources from the 1922 caucus of the Commission as saying that the Tory MP Robert Halfon accused the Prime Minister of “fraudulent blue-collar conservatism” or against the working class. MPs present said he was delighted, while Truss looked “shocked” and said he could come talk to her. But as she left the room, the prime minister said it was a “very good” meeting.
It comes at the end of a tough day, including a barbecue at the Prime Minister’squestion (PMQs) in the House of Commons, in which she dismissed concerns about cutting public spending and stressed that her focus would be on reducing the country’s debt “by making sure that we spend our public money well.” “.
Truss has claimed her tax cut plan is needed to get the UK economy back on track at a time when official data released this week shows the UK is heading towards a recession. .
