Awani Review

Complete News World

Liz Truss appeared before Parliament this Wednesday to agree to keep the keys to Downing Street

Liz Truss appeared before Parliament this Wednesday to agree to keep the keys to Downing Street

This Wednesday, Liz dress Downing Street will have a chance to prove to her camp that she deserves to be in office. A deeply weakened British prime minister will face delegates for the first time since abandoning his economic plan for an open country.

It’s only the third session of the weekly question-and-answer session in Parliament, but it’s already a question of political survival for Liz Truss, who is no more comfortable with this rhetorical exercise than her predecessor. Boris Johnson.

Backlash in tax cuts

Rejected by public opinion and challenged within his majority, after six weeks in power, the prime minister is already seeing his power chipped away. In an attempt to calm the economic and political storm, the 47-year-old head of government had to return to almost total cuts.Taxes He made that promise on the campaign trail this summer.

The question-and-answer session in Parliament was his first speech since an interview with the BBC on Monday evening in which he said he was “regretful” for his “mistakes”.

But is there still time to rectify the situation? One in five Conservative Party voters have a favorable opinion of Lis Truss, compared with only one in ten Britons, according to a Youcove poll. And 55% of members of the majority party believe he should step down, while 38% want him to stay in office. After all, 32% want to see Boris Johnson back in power, and 23% want to see former finance minister Rishi Sunak in Downing Street.

The crisis came at the end of September when his then-Finance Minister Kwasi Kwarteng’s “mini-budget”, which included massive tax cuts and massive support for energy bills, raised fears of a public slippage. Accounts. The pound fell to historic lows and long-term government debt rates rose. The Bank of England had to intervene to prevent the situation from turning into a financial crisis.

See also  PayPal allows users in the UK to buy and sell cryptocurrency

Opposition tops polls

The new Chancellor of the Exchequer, Jeremy Hunt, who was hastily appointed on Friday, on Monday backed away from all of his predecessor’s tax cuts, giving the impression that power is now in his hands rather than the head of government’s.

Moreover, with two years to go until the next parliamentary election, the Labor opposition parties are beating the Conservatives in the polls. As a result, five members of her party have already publicly urged Liz Truss to quit. But in the absence of an obvious successor, the Conservatives are reluctant to commit to a new and lengthy nomination process and hope for consensus to agree on a name, but seem far from winning.