Under fire, UK’s Truss sacks Treasury chief, changes course
Under fire, UK’s Truss sacks Treasury chief, changes course
By Danica Kirka and Jill Lawless | Associated Press
LONDON — Embattled British Prime Minister Liz Truss sacked her Treasury chief and reversed course on a major part of her tax-cutting economic plan Friday as she struggled to hang on to her job after weeks of turmoil on financial markets. But the market response was muted and the political reaction to what many saw as panicked moves left Truss’…
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.