Sunday, December 21, 2025 | 09:57 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

UK Prime Minister Liz Truss calls press conference amid U-turn calls

The British government says Prime Minister Liz Truss will hold a news conference Friday as she faces pressure to U-turn on an economic package that sparked market turmoil

British Prime Minister Liz Truss looks on as she speaks to the media at the Empire State building in New York, U.S., September 20, 2022. (Photo: REUTERS/Toby Melville/Pool)

British Prime Minister Liz Truss

AP London

The British government says Prime Minister Liz Truss will hold a news conference Friday as she faces pressure to U-turn on an economic package that sparked market turmoil.

The announcement comes after Treasury chief Kwasi Kwarteng cut short a visit to Washington to fly back to London for crisis talks.

The pair are facing intense pressure to scale back unfunded tax cuts to calm financial markets.

Truss is also facing a revolt from her own Conservative Party over the chaos unleashed by her economic plans.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 14 2022 | 4:30 PM IST

Explore News