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Al Jazeera
Al Jazeera
World

UK’s Liz Truss struggles to save premiership after tax U-turns

British prime minister fired former Finance minister Kwarteng on Friday [File: Maja Smiejkowska/Reuters]

Britain’s Prime Minister Liz Truss is insisting on her devotion to “sound” economics as she heads into crisis talks with her new finance minister, and a tense week of plotting by Conservative critics.

With even US President Joe Biden joining in attacks on her economic agenda, Truss wrote in the Sun on Sunday newspaper: “We cannot pave the way to a low-tax, high-growth economy without maintaining the confidence of the markets in our commitment to sound money.”

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