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Sep 29, 2022

Liz Truss defends tax plan

From the BBC World Service: In her first media appearance since the British pound’s nosedive, the U.K. Prime Minister defended her plans despite widespread criticism and a rare intervention from the Bank of England. The Lebanese central bank revalued its official currency exchange rate, and in Germany, Porsche debuts on the Frankfurt stock exchange.

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Britain's Prime Minister Liz Truss walks out of Number 10 Downing Street on her way to the House of Commons for the government's anti-inflation budget plan in London on September 23, 2022. - The UK's new government will unveil multi-billion-pound measures aimed at supporting households and businesses hit by the highest inflation in decades. (Photo by Daniel LEAL / AFP) (Photo by DANIEL LEAL/AFP via Getty Images)
Britain's Prime Minister Liz Truss walks out of Number 10 Downing Street on her way to the House of Commons for the government's anti-inflation budget plan in London on September 23, 2022. - The UK's new government will unveil multi-billion-pound measures aimed at supporting households and businesses hit by the highest inflation in decades. (Photo by Daniel LEAL / AFP) (Photo by DANIEL LEAL/AFP via Getty Images)

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Liz Truss defends tax plan