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Wales Online
Wales Online
National
Neil Shaw

Liz Truss breaks silence on mini-budget and economic turmoil

Prime Minister Liz Truss said the mini-budget was the “right plan” as she spoke publicly for the first time since last Friday's min-budget sent the Uk economy into turmoil. The value of the pound has collapsed and the Bank of England has stepped in with an historic intervention to stabilise the economy.

Ms Truss has defended Chancellor Kwasi Kwarteng’s mini-budget saying “urgent action” was needed to protect the country from rising energy bills and to get the economy growing.

In her first public comments since Mr Kwarteng’s statement plunged the financial markets into turmoil, the Prime Minister told BBC Radio Leeds: “We had to take urgent action to get our economy growing, get Britain moving and also deal with inflation.

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