The government crisis in Britain threatens to escalate as demands for the resignation of Prime Minister Liz Truss grow stronger.
LONDON – After a few weeks in office, the head of the British government seems to become dangerous with his economic policy, and Liz Truss’s decision to oust her economy minister, Kwasi Kwarteng, hasn’t changed that. Over the weekend, more and more calls for the resignation of Tory politician’s successor and Brexit pioneer Boris Johnson grew stronger.
The reason for the chaos surrounding the conservative politician a few weeks after his appointment by the late Queen Elizabeth II lies in the fiscal policy planned by the new government. A group of politicians led by Truss and Kwarteng wanted to introduce massive tax breaks for the wealthy in the UK. However, as the financial basis for this was lacking, the financial markets reacted with severe turbulence. Truss’ several reversals did not initially help the struggling pound and the massive rise in interest rates in the real estate sector.
Career end imminent for Liz Truss: the party colleague accuses the head of the government of “laboratory tests”.
According to a report of the German news agency meet some senior conservatives and discuss Truss’s continued leadership. The agency relies on information from the British Observer. Other British media have spoken to Conservative MPs who expect the head of government to be ousted quickly, although this could lead to early general elections in the country. Particularly problematic for the Tories: In election polls, political opponents of the Labor Party are currently about 30 percentage points ahead. However, former Treasury Secretary George Osborne speculated in a conversation Channel 4 on Sunday Truss is likely to “fall before Christmas”.
The reverse was also made clearer Channel 4 Conservative MP Crispin Blunt: “No, I think the game is over,” he said when asked if Truss could survive politically. The question now is how their successor will be organized. Conservative MP Robert Halfon also launched serious allegations against the Truss government in an interview with Sky News: the government had “dragged the whole country into some sort of laboratory experiment in which experiments had to be conducted on an ultra-ultra market. -free” .
Great Britain: Joe Biden also openly criticizes the tax cuts planned under Liz Truss
Even from overseas, over the weekend came extremely important criticism of Truss: US President Joe Biden spoke and said during a visit to the US state of Oregon on Saturday night that he was offering tax breaks for the super rich in times like these “for a mistake” and therefore it is not the only one, but it is not up to him, but to Great Britain to judge.
Many government experts are currently wondering whether the appointment of politician Jeremy Hunt, who has experience in government, as Kwarteng’s successor can save him from all criticism. He had already announced over the weekend that he would review the Truss government’s previous fiscal and budget plans and resigned News from heaven opposite: “Some taxes will not go down as fast as people would like – some taxes will go up.”
Overall, according to Hunt, the government faces “very difficult decisions”. The politician also openly acknowledged the “mistakes” of the Truss government. Striving for economic growth is correct, he said in a statement: “But we have gone too far, too fast.” (ska with dpa)
