Chancellor makes early return from IMF meeting in Washington amid rumours around his job and that of prime minister Liz Truss
A No 10 source has told the BBC’s Chris Mason that the prime minister wants Kwasi Kwarteng to continue in the job and that she believes he is doing “an excellent job”.
A senior Conservative MP has said that Liz Truss must not “nibble at the edges” but instead perform a “powerful” and “significant” U-turn with its so-far disastrous economic plan.
My personal view is that it [a U-turn] should happen, we have reached a point where we need this very powerful and significant signal to the markets that fiscal credibility is firmly back on the table, and I think that means doing something right now and not delaying.
Doing something very significant too – right at the heart of that will be unwinding the position on corporation tax.
Chancellor makes early return from IMF meeting in Washington amid rumours around his job and that of prime minister Liz TrussA No 10 source has told the BBC’s Chris Mason that the prime minister wants Kwasi Kwarteng to continue in the job and that she believes he is doing “an excellent job”. A senior Conservative MP has said that Liz Truss must not “nibble at the edges” but instead perform a “powerful” and “significant” U-turn with its so-far disastrous economic plan.My personal view is that it [a U-turn] should happen, we have reached a point where we need this very powerful and significant signal to the markets that fiscal credibility is firmly back on the table, and I think that means doing something right now and not delaying.Doing something very significant too – right at the heart of that will be unwinding the position on corporation tax. Continue reading…
