Prime Minister Liz Truss has defended her Government's mini-Budget and its tax-cutting policies in a tough round of local radio interviews.
The Prime Minister had avoided the spotlight for several days despite market turmoil following Kwasi Kwarteng's mini-budget.
Following last Friday's statement by Chancellor Kwasi Kwarteng, the pound sunk to a record low against the dollar, experts including the IMF have told the Government it should make a U-turn, and the Bank of England had to launch an emergency government bond-buying programme to prevent borrowing costs from spiralling and to avoid a “material risk to UK financial stability”.
