MADRID, Sept. 29. (EUROPA PRESS) –
British Prime Minister Liz Truss on Thursday defended her economic plan for Britain despite criticism and ruled out what she considered good initiatives to tackle inflation and boost economic growth.
In his first comments on the economic plan, which is the country’s biggest tax cut in 50 years but which has caused the pound to tumble, Truss has defended the measures and insisted they were “a much-needed action” in the current context.
However, he said he understood that the government’s decision might be “controversial”, according to statements made to the BBC television network. “We need to take urgent action to make our economy grow and the UK to deal with inflation,” he said.
“Of course that means making controversial and difficult decisions, but I’m ready to do it as prime minister because it’s important to me to get the economy moving. We’re going to make sure people get through the winter and we’re ready to do what we can.” needed to achieve it,” he stressed.
The move has led to the Bank of England deciding to intervene in financial markets in an emergency to prevent the pound from falling.
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