Tax cuts are right plan for economy, says Liz Truss

2 years ago 27
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Liz TrussImage source, EPA

Liz Truss has insisted tax cuts outlined in the mini-budget are the "right plan", despite market turmoil since they were announced last week.

The prime minister insisted "urgent action" had been required to grow the economy, and the cuts would help boost growth in the long term.

She added she was "prepared to do what it takes to make that happen".

Labour has called for the measures to be abandoned to restore market confidence.

But in her first public comments since the measures were announced, in interviews with BBC local radio stations, Ms Truss said she was prepared to take "controversial and difficult decisions".

She insisted that "currencies are under pressure around the world," and there was economic turbulence on "global level".

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