UK PM Liz Truss has apologised for her 'mistakes' but says she's 'sticking around'.
Screen grab of Prime Minister Liz Truss listening to Shadow Chancellor Rachel Reeves' response the Chancellor's statement in the House of Commons, London.UK Prime Minister Liz Truss has apologised for her "mistakes" and pledged to lead her Conservative Party to the next election as she fights for her job after a bonfire of her tax-cutting plans.
"I wanted to act ... to help people with their energy bills to deal with the issue of high taxes, but we went too far and too fast. I've acknowledged that," she told the BBC. Ms Truss last week sacked finance minister Kwasi Kwarteng after only 38 days in the role, as the markets were roiled following the announcement of the pair's tax-cutting agenda.
Ms Truss's only public comments since Friday have been a handful of tweets, one of which on Monday stated that the "British people rightly want stability."
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.
Financial chaos to force significant rate rise, Bank of England warnsPrime Minister Liz Truss is battling to keep her job after shredding her economic growth plan.
Read more »
Joe Biden takes swipe at Truss policy as Bank of England warns of rate risesLiz Truss was sworn in as UK Prime Minister just weeks ago. But she is now battling to keep her job after shredding her economic growth plan.
Read more »
Joe Biden takes swipe at Truss policy as Bank of England warns of rate risesUS President Joe Biden has called embattled British Prime Minister Liz Truss’ abandoned tax cut plan a “mistake”.
Read more »
Liz Truss fights for survival as even allies say she could have only days leftPrime minister to meet mutinous Tory MPs this week in effort to shore up her position after U-turns on tax
Read more »
Liz Truss may be safe until Halloween but nightmare is far from overPM will gather her cabinet for a rare Monday meeting to try to convince them she still holds levers of power
Read more »
Tory MPs call for Liz Truss to resign as Prime MinisterSpeculation has mounted about how long Prime Minister Liz Truss will last in Downing Street as Conservative MPs line up to call for her to go after a tumultuous start to her premiership.
Read more »