UK’s former finance minister Kwasi Kwarteng admitted that he and former prime minister Liz Truss “got carried away” with forming the country’s mini-budget and blew it, the Guardian reported Kwarteng said, “People got carried away, myself included. There was no tactical subtlety whatsoever.” He added, “There was a brief moment and the people in charge, […]
Continue Reading
UK Prime Minister Liz Truss on Monday (October 17) apologised in no uncertain terms for her economic reforms that triggered turmoil in UK. However, she vowed to remain prime minister in spite of humiliating climb downs which have seen her struggling for political survival. “I do want to accept responsibility and say sorry for the […]
Continue Reading
Support for Liz Truss is dwindling among British voters even before her anticipated appointment as the prime minister of Britain. Opinions vary among Britons on whether she’ll be a better leader than her predecessor, Boris Johnson. Most believe she would be worse than other leaders dating back to Margaret Thatcher. When the citizens were asked […]
Continue Reading
Cyrus Mistry, the sixth chairman of Tata Sons died in a car accident on Sunday. The accident took place around 3.15 PM when Mistry was travelling to Mumbai from Ahmedabad. In other news, Pakistan’s Federal Climate Minister Sherry Rehman in an interview argued that the western nations owe developing nations reparations for accelerating climate change. Click on the […]
Continue Reading
The United Kingdom’s next prime minister, Liz Truss, takes power as a traditional, low-tax Conservative Eurosceptic promising to turbo-charge economic growth. Her position is the polar opposite of how she started out, as the Liberal Democrat-supporting daughter from a family of progressives, who opposed the monarchy and Brexit. Her self-styled lifelong political “journey” has prompted criticism […]
Continue Reading
Battling to salvage her few weeks old government, British PM Liz Truss on Friday undertook some major steps, including a change of the finance minister, to placate the nation even as reports suggest that fellow Tory leaders seek to dethrone her. The new government’s intention to cut taxes and pay it with billions more in […]
Continue Reading
As the United Kingdom government steps up efforts to scrap EU laws after Brexit, wildlife groups and activists have criticised the government’s plans to do away with legislation governing pesticide use. The government has recently announced plans to repeal 570 environmental laws being carried over from Britain’s time in the European Union. Also read | UK […]
Continue Reading
The EU has called on the new British prime minister, Liz Truss, to have a broader view of Britain’s relationship with Europe while urging her to respect the Brexit agreement. Ursula von der Leyen, the president of the European Commission, tweeted her congratulations and mentioned shared challenges like climate change and the Russian invasion of […]
Continue Reading
Hours after Liz Truss became the new British Prime Minister, US President Joe Biden, in a telephone conversation, congratulated her on the victory. Both leaders pledged to strengthen ties between both nations as they stand against Russia together. Congratulations to Prime Minister Liz Truss. I look forward to deepening the special relationship between our countries and working in […]
Continue Reading
Liz Truss took over as the new UK Prime Minister on Tuesday and promised to tackle the energy crisis created by the Russia-Ukraine war in her first address at Downing Street. Truss is expected to announce plans to freeze energy bills at about £2,500 ($2866) a year until 2024 on Thursday, UK media reports suggest. […]
Continue Reading