A handful of lawmakers have openly called for Prime Minister Liz Truss to quit, as others discuss who should replace her.
LONDON, United Kingdom – British Prime Minister Liz Truss struggled to retain a grip on power on Thursday, October 20, a day after a second top minister quit and rowing and jostling broke out among her lawmakers in parliament in a dramatic breakdown of unity and discipline.
There were reports – later contradicted – that the government’s chief whip, who is in charge of parliamentary enforcer, had resigned. Truss has been fighting for her political survival since September 23 when her finance minister at the time, Kwasi Kwarteng, announced a “mini-budget” of vast, unfunded tax cuts that sent shockwaves through financial markets.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UK housing market shows strains from ‘mini-budget’ - BusinessWorld OnlineLONDON — Britain’s housing market lost momentum this month after Prime Minister Liz Truss’ economic plans upset financial markets and triggered a repricing of the mortgage market, data from property website Rightmove showed on Monday.
Read more »
UK leader Liz Truss goes from triumph to trouble in 6 weeks - BusinessMirrorIn just six weeks, the prime minister’s libertarian economic policies have triggered a financial crisis, emergency central bank intervention, multiple U-turns and the firing of her Treasury chief. Now Truss faces a mutiny inside the governing Conservative Party that leaves her leadership hanging by a thread.
Read more »
Japan PM orders probe into Unification Church linked to ruling party lawmakers - BusinessWorld OnlineTOKYO — Japanese Prime Minister (PM) Fumio Kishida ordered an investigation on Monday into Unification Church, after the assassination of former premier Shinzo Abe in July revealed close ties between it and the ruling party lawmakers.
Read more »
'Fighter' Truss mocked in parliament as UK PM defends her recordLiz Truss has been forced into a humiliating U-turn, reversing most of the policies that secured her elevation to Downing Street just over six weeks ago.
Read more »