‘Will act within a week to..’: Tory front-runner Truss vows to do this if elected as Prime Minister

Liz Truss, who is set to become Britain’s new prime minister this week, has pledged to act within a week to tackle the cost of living crisis caused by soaring energy bills linked to the pandemic. war in Ukraine.

But Shoes, told the BBC on Sunday, declining to provide any details of the actions she would take, arguing it would be wrong to discuss specific policies until she takes over. top position. However, she stressed that she understood the importance of the problems facing Britain.

The government has been unable to tackle soaring inflation, labor conflicts and strains in the nation’s squalid health care system since early July, when Johnson announced his intention to step down and sparked a public outcry. contest to choose a successor. Decision Conservatives Winner will be announced on Monday.

“I want to reassure everyone that I am fully committed to getting this resolved as well as, within a month, presenting a full plan of how we are going to cut taxes, how we are going to get the UK economy going. up, and Truss, who has served as Secretary of State for the past year, said.

Truss is facing Rishi Sunak, the government’s former Treasurer, in the competition to become the Conservatives such leaders and prime ministers. Only fee-paying party members are allowed to vote in the election, leaving the choice of Britain’s next leader in the hands of some 180,000 party activists.

During the campaign, Truss promised to increase defense spending, cut taxes and increase energy supplies, but she declined to provide specifics on how to respond to the cost of living crisis.

With household energy bills expected to rise by 80% next month, charities warn that one in three households will face fuel poverty by the end of the year. This winter, millions of people fear about how they will pay to heat their homes.

The Bank of England forecasts inflation will hit a 42-year high of 13.3% in October, risking pushing Britain into a protracted recession. Goldman Sachs has estimated that inflation could rise to 22% next year unless something is done to reduce high energy prices.

This story has been published from the electronic agency’s feed with no modifications to the text. Only the title has been changed.

Catch them all Business newsletter, Market News, Hot news Events and Latest news Update on Live Mint. Download Mint News app to get Daily Market Updates.

Less than

Register Mint Newsletter

* Enter a valid email

* Thank you for subscribing to our newsletter.

Post your comment

Source link


News5s: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button