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Oct
19
2022
By The African Mirror
Britain’s political and market turmoil

Britain’s political and market turmoil

WORLD
PRIME Minister Liz Truss has apologised for threatening Britain's economic stability after she was forced to scrap her economic agenda, with some Conservative lawmakers calling on her to quit. Her apology came after her new finance minister Jeremy Hunt demolished the radical economic agenda she proposed less than a month ago, reversing her vast tax-cutting plans and flagging a programme of "eye-watering" public spending cuts instead. Following is a snapshot of related events, comments and explanations: TRUSS U-TURN * Truss said was sorry for going "too far and too fast" with her radical economic plan. Her apology came after weeks of her blaming the…
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Oct
18
2022
By The African Mirror
‘How’s Brexit going?’ British politics mocked at home and abroad

‘How’s Brexit going?’ British politics mocked at home and abroad

WORLD
GAVIN JONES BRITAIN'S political and economic turmoil has been greeted with thinly veiled satisfaction among pro-European and leftist politicians abroad, with some commentators drawing parallels to chaotic Italy. New British finance minister Jeremy Hunt will set out tax and spending measures on Monday, two weeks earlier than scheduled, as he races to stem a dramatic loss of investor confidence in Prime Minister Liz Truss's government.  "How's Brexit going?" tweeted veteran Belgian politician Guy Verhofstadt, an ardent pro-European, on Saturday. "One thing is for sure: the mess didn't start in 2022 but in 2016," he added, in reference to Britain's referendum…
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