Kwasi Kwarteng, the chancellor of the Exchequer, is under pressure to reverse his fiscal plan after it rattled markets and prompted an open backlash among politicians.
Tag: Conservative Party (Great Britain)
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Liz Truss Stirs Uncertainty Over the UK’s Economic Plans
Prime Minister Liz Truss appeared to rule out cuts in public spending, as doubts about the fiscal soundness of the government’s program continued to roil the markets.
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From Moscow to Tehran, a Crisis of Illiberalism
The liberal West is in trouble, but its rivals still aren’t ready to supplant it.
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Britain’s Economic Experiment Stumbles at the Start
Prime Minister Liz Truss says a mix of tax cuts and deregulation is needed to jump-start Britain’s sluggish economy. Investors, economists and some in Truss’s own party disagree.