In a series of radio appearances, Prime Minister Liz Truss has defended the mini-budget since last week. She says the budget called for “decisive action”, which had to be done.To move the economy forward, the prime minister says he is prepared to take “controversial and painful decisions”.While she admits growth “won’t come soon”, the mini-budget puts Britain on a “better long-term trajectory”.Mark Carney, former governor of the Bank of England, however, claims the government is “undercutting” UK financial firms.After days of market turmoil, the administration is adamant that its proposal to cut taxes and boost borrowing is the best.The prime minister added that to propel the economy, the government is ready to take “controversial and difficult decisions” to protect citizens from rising energy prices.
She insisted she was following the “right plan” and denied claims that the tax cuts benefited only the wealthiest.Responding to concerns over pension funds following Friday’s developments, Truss insisted the Bank of England looks after pensions “quite well”.The prime minister said his energy policy would reduce overall inflation, which would lower food prices.The prime minister said his government would only go ahead with fracking “where there is local community support”.
