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Reuters
Reuters
Business
By Elizabeth Piper, Andrew MacAskill and Alistair Smout

Britain's weakened Truss faces fight for credibility

FILE PHOTO: British Prime Minister Liz Truss attends the annual Conservative Party conference, in Birmingham, Britain, October 2, 2022. REUTERS/Hannah McKay

British Prime Minister Liz Truss had hoped her governing Conservative Party's annual conference would be her crowning glory, but instead she was forced into a humiliating U-turn that has left her, and her team, fighting for credibility.

After less than a month in the job, Truss's reversal on Monday of a decision to scrap Britain's highest rate of income tax has left her open to criticism that she is not only poorly advised but was also badly advertised as a woman who stood by her word.

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