Liz Truss has admitted she could have done a "better job" over her tax-slashing mini budget that plunged the UK economy into turmoil.The Prime Minister told the BBC's Laura Kuenssberg that she could have "laid the ground" better about the plans contained in the Government's fiscal statement last Friday.She also refused to u-turn on any of her plan which is expected to cost £72 billion in borrowing next year and gives people on over £150,000 in England, Wales and Northern Ireland a massive tax cut.Truss said: "I'm afraid there is an issue that interest rates are going up around the world and we do have to face that.
But I do want to say to people I understand their worries about what has happened this week."I do stand by the package we announced and I stand by the fact we announced it quickly, because we had to act.
But I do accept we should have laid the ground better... I have learnt from that and I will make sure that in future we do a better job of laying the ground."During the interview ahead of the Conservative Party conference in Birmingham Truss also didn't rule out cuts to public services, saying they will remain "excellent".She said "What I'm going to do is make sure we get value for money for the taxpayer.
But I'm very, very committed to making sure we've got excellent frontline public services."And I'm not going to go into what the Chancellor will announce in his medium-term fiscal plan.
Read more on dailyrecord.co.uk
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.