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U.K. premier drops tax cuts, axes Treasury chief amid turmoil

Por: Portland Press Herald World October 14, 2022

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LONDON — Embattled British Prime Minister Liz Truss sacked her Treasury chief and reversed course on a major part of her tax-cutting economic plan Friday as she struggled to hang on to her job after weeks of turmoil on financial markets. But the market response was muted and the political reaction to what many saw as panicked moves left Truss’ credibility in tatters after only six weeks in office. Britain’s Prime Minister Liz Truss attends... + full article



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