Truss tries to reassure UK on economic plan

Multimedia 14:07 02 Oct, 2022
Truss tries to reassure UK on economic plan

British Prime Minister Liz Truss tried to reassure her party and the public on Sunday by saying she should have done more to "lay the ground" for an economic plan that caused the pound to fall to record lows and sent government borrowing costs soaring, Qazet.az reports according to PM.

On the first day of her governing Conservative Party's annual conference, Truss, in office for less than a month, adopted a softer tone by saying she would support the public during a difficult winter and beyond.

Truss said it was the right plan, suggesting critics did not realise the depth of Britain's problems and saying she should have done more to explain them an argument that market traders and investors have dismissed as a reason for the falls in the pound and the increase in borrowing costs last week.