Britain continues to face turbulence as economic and political turmoil continues
Britain’s new Prime Minister Liz Truss faced her first big challenge this week since taking office a month ago, introducing and then retracting a controversial cut in income tax for top earners that was part of her budget plan aimed at offsetting the country’s deepening economic crisis. Truss’s unusual move on Monday, which appeared to be in response to broad criticism that sent the pound sterling plummeting last week to an all-time low, ended up rattling the new prime minister’s own Conservative party and prompting some to question whether she should be ousted. The 47-year-old Truss won a leadership contest on September 6 following a fierce internal battle to replace former Prime Minister Boris Johnson as both Conservative party leader and prime minister.
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