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BBCNEWS BBC News July 7, 2024



mystery and it just seemed that every sri lankan atrocity, we never deal with it, we kind ofjust move on. the british prime minister liz truss has apologised for mistakes in the government s financial strategy a strategy that she set in motion. the majority of measures in her so called mini budget have been reversed by her new finance ministerjeremy hunt. he was in parliament to explain why the economic policy was being scrapped. the prime minister herself was keeping a low profile. in a moment, we ll hearfrom her. first, our political editor chris mason has the story of how the day unfolded. first thing this morning, it felt like a government on the run. sorry about the rain, guys. the new chancellor was even apologising for the weather. jeremy hunt was jogging before dawn thought of breaking. any more u turns? the answer was yes. news was already breaking. mr hunt was performing the last rites on almost all of liz truss s plans her programme for government dead. l ....

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BBCNEWS BBC News June 4, 2024 02:19:00

Times called it a moorland premium. so predictable, so explicable, so unnecessary. so what you have here, everyone in the country is made poorer by the country is made poorer by the actions of liz truss with this mini budget. they didn t need to do the mini budget and i still haven t heard the reason for the rush. why have you got to rush in and do that? members of the monetary policy committee will say, you ve made the situation an awful lot worse. the imf said, you can t have the treasury fighting with the bank of england, which is what has happened. i wrote columns saying, markets don t like clueless amateurs. and that s what we ve got. i suppose she would say she was well aware with the cost of living pressures and with the tax cut she was hoping to alleviate some of the burden people were feeling. i suppose now, given where we are, the ....

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