The new Minister of Finance, Jeremy Hunt, announced the cancellation of “almost all tax measures” unveiled three weeks ago. The Prime Minister’s Days at 10 Downing Street now seem counted.
Le Monde with AFP
The new British finance minister Jeremy Hunt announced, Monday, October 17, the cancellation of “almost all tax measures” announced three weeks ago by his preception Kwasi Kwarteng and who had plunged the British markets in the turmoil .
m. Hunt, appointed in an emergency on Friday, hammered that the priority of the British government was to restore “stability”. Among the main measures unveiled on Monday, the energy bill ceiling for all households will ultimately be in force until April only and no longer for two years. “Other difficult decisions” are to come for government expenses such as taxes, he added.
After a catastrophic press conference on Friday, the Prime Minister, Liz Truss, must meet parliamentarians in the evening, to try to convince them, if it is still possible, that she still has a future at Downing Street.