In power for less than a month, Truss is already under severe pressure after the markets reacted to her government's tax cuts by sending the pound to an all-time low against the dollar
Britain's Prime Minister Liz Truss walks out of Number 10 Downing Street on her way to the House of Commons for the government's anti-inflation budget plan in London. Image: Daniel LEAL / AFP
UK Prime Minister Liz Truss on Thursday defended her tax cutting policy after days of silence during which markets tanked and the Bank of England was forced into an emergency intervention.
"We had to take urgent action to get our economy growing, get Britain moving, and also deal with inflation," she said in a round of local BBC radio interviews.
"And of course, that means taking controversial and difficult decisions, but I'm prepared to do that as prime minister," she said in her first comments to UK media since the crisis sparked by Friday's "mini-budget".
"It's important the United Kingdom's on the front foot, that we are pulling all the levers we can to drive economic growth. That is what we are pushing ahead with."
In power for less than a month, Truss is already under severe pressure after the markets reacted to her government's tax cuts by sending the pound to an all-time low against the dollar.