Prime Minister Truss said he intends to stick to his entire fiscal plan, even as polls show growing voter dissatisfaction with British Prime Minister Truss and the ruling Conservative party.
In an interview with The Telegraph newspaper, reported at the end of Thursday, Truss said the UK needed change and was determined to go with the plan because he believed the big tax cuts would make the country more successful.
About three-quarters of British voters believe Prime Minister Truss and Chancellor Kwartengu have “lost control” of the British economy, according to the latest poll by the Observer Sunday newspaper.
The pound hit new lows amid growing concerns about funding for the Truss administration’s tax cuts. The Bank of England (UK central bank) made a dramatic move to prevent a bond market meltdown. The turmoil is likely to cast a shadow over the Conservative Party convention, which opens in Birmingham on Thursday.
Observers said the main Labor opposition extended its lead over the Conservatives to 19 points ahead of the Conservative Congress. Mr. Truss’s approval rate is now even in line with that of former Prime Minister Boris Johnson amid the “partygate” allegations, the paper added.
news-rsf-original-reference paywall">Original title:
news-rsf-original-reference paywall">Truss clings to guns as polls show growing voter discontent (1)(extract)
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