Truss Stands by Tax Cuts and Says UK Faces Economic Pressure

According to Liz Truss, UK Prime Minister, currencies and economies across the globe are under tough economic pressure because of a massive unfunded tax cuts package this week.

During an interview with local BBC radio stations on Thursday,

 "We are facing very, very difficult economic times.".

"UK Prime Minister Liz Truss defended a giant package of unfunded tax cuts which sent markets into turmoil this week,"

As a result, there are controversial and difficult decisions to be made in order to get our economy growing.

A crisis of confidence in Truss's economic policies has battered her administration less than one month after she took office,

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UK Faces Economic Pressure

Truss Stands by Tax Cuts

causing the pound to collapse and borrowing costs to skyrocket, which threatens the housing market as well as pushing the UK into recession. 

"A crisis of confidence in Truss's economic policies has battered the administration less than a month after she took office,."

pushing the UK into recession and threatening the housing market.