Liz Truss claims government made right decision with mini-budget

The prime minister defended her economic plan that has roiled financial markets, saying on Thursday she was willing to take ‘decisive action’ to reignite growth and would not reverse course despite the turmoil.
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The chancellor, Kwasi Kwarteng, sparked turmoil in the markets last week when he delivered a plan to cut taxes without detailing the impact on the public finances or how the government would reform the economy to spur growth.

The pound tanked and British government bond yields soared, forcing the Bank of England to revive its bond-buying programme in an emergency move on Wednesday to shore up pension funds.

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Truss says she has ‘right plan’ on economy and won’t change course ► https://www.theguardian.com/politics/2022/sep/29/truss-says-she-has-right-plan-on-economy-mini-budget

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