Author: News Desk

Liz Truss fails to acknowledge mistakes, blames market reaction The PM has delivered her speech on her disastrous mini-budget. Liz Truss said she wants to deliver growth and for the UK to become a country where people can get good jobs, arguing that the UK has been held back. “I want to deliver a low tax, high growth economy”, she says. The PM says she will keep the increase in corporation tax, which will raise £18bn in taxes for the country.  She says “we need to act now to reassure the markets of our fiscal discipline”. Truss says she was…

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Alok Sharma’s intervention puts pressure on Trump-appointed Bank chief who faces calls to resign The UK has joined calls for sweeping reforms to the World Bank, to focus much-needed funding on the climate crisis, warning that its current structures are not working. The intervention from Alok Sharma, the current president of the UN climate talks, heaps further pressure on beleaguered World Bank chief, David Malpass. He has faced calls to resign over an apparently climate-dismissing stance, and the Bank’s perceived failures to deliver climate finance. Continue reading… ​Alok Sharma’s intervention puts pressure on Trump-appointed Bank chief who faces calls to…

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