Saudi, British FMs discuss regional developments in phone call    Saudi Arabia unveils new skill-based system for expatriate work permits Classification for existing workers began on June 18 while July 1 set for newcomers    New Saudi embassy building inaugurated in Moscow    Nearly 17 million foreign pilgrims perform Umrah in 2024, up 101% from 2022 Makkah ranks 5th globally in number of international visitors    Saudi Arabia reaffirms dedication to achieving equitable and sustainable digital development    Over 80,000 commercial registrations issued in 2Q 2025, bringing total to 1.7 million    Elon Musk announces launch of new political party amid fallout with Trump    UK Foreign Secretary makes historic visit to Syria    Khamenei makes first public appearance since Iran–Israel war    Desperate search continues as Texas flood kills 51, including 15 children 27 girls from summer camp still missing    Riot Games responds to match-fixing allegations in VALORANT    BLAST responds to BESTIA Visa controversy ahead of CS2 Austin major    Christophe Galtier named NEOM SC head coach ahead of historic Saudi Pro League debut    Level Up Docuseries launches June 6 on Prime Video    OPEC+ further accelerates oil output hike by 548,000 bpd in August    Saudi Arabia tops global ICT Development Index for 2025    Michael Madsen, actor of 'Kill Bill' and 'Reservoir Dogs' fame, dead at 67    BTS are back: K-pop band confirm new album and tour    Michelin Guide launches in Saudi Arabia with phased rollout in 2025    'How fragile we are': Roskilde Festival tragedy remembered 25 years on    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



'I'm a fighter not a quitter,' Truss tells Starmer in first parliament clash since budget U-turns
Published in The Saudi Gazette on 19 - 10 - 2022

Liz Truss has insisted she is "a fighter not a quitter" as she appeared at Prime Minister's Questions (PMQs) in parliament for the first time since her budget plan collapsed amid economic and political turmoil.
It came on a day that saw more bad economic news, the UK's annual inflation rate returning to a 40-year high of over 10%, in another illustration of the country's cost-of-living crisis.
In a series of feisty replies to opposition politicians who mocked recent U-turns, the prime minister said she had made it clear that she had made mistakes, but was getting "on with the job" to help the British people.
Labour leader Sir Keir Starmer began with a joke about a book on Truss' time in office, billed as being "out by Christmas". Was this referring to the release date or the title, he asked.
Citing her energy support package, a national insurance commitment and measures to "crack down on militant unions", the prime minister replied that in just under two months in office she had delivered more than Starmer had in two and a half years as party leader.
The Labour leader asked how the prime minister could be held to account when she was "not in charge", referring to her new finance minister's ditching of her economic plan. Spending cuts would now be introduced only because the Conservative government had "trashed the economy", he said.
Starmer finished by listing a series of Truss' policies — as well as her ex-finance minister Kwasi Kwarteng, sacked last week — that were now "gone". "Why is she still here?" he wanted to know.
"I am a fighter not a quitter," the prime minister responded, saying she had acted in the national interest to ensure economic stability.
There were some signs of further confusion on policy however, with Truss giving guarantees about the UK state pension, in apparent contradiction to previous comments by her office and other ministers, including her new chancellor.
Figures from the Office for National Statistics (ONS) on Wednesday showed the annual rate of consumer price inflation rose to 10.1% in September, from 9.9% in August. It said the main driving force was rising food prices, up by 14.6% on the previous year.
"This government will prioritize help for the most vulnerable while delivering wider economic stability and driving long-term growth that will help everyone," said new finance minister Jeremy Hunt, responding to the figures.
Truss has defied calls for her resignation even though the Chancellor of the Exchequer has ditched virtually her entire budget plans, in a historic policy U-turn to try to stem a dramatic loss of investor confidence.
The prime minister says she will fight on and told her top ministers on Tuesday that she wanted to level with the public that there were tough times ahead.
At Prime Minister's Questions a week ago she told Starmer there would be no public spending cuts — another commitment since thrown out by Hunt.
A new YouGov opinion poll showed that even among Conservative Party members who backed Truss for prime minister, more than half of those polled said she should resign. The most popular successor is Boris Johnson, who was forced out of office in July.
Having apologized for the "mistakes that have been made" and that she went "too far and too fast" with her radical tax-cutting plan to boost growth, Truss told party MPs on Tuesday that she was still a low-tax conservative who would pursue such goals more slowly.
Members of parliament have been urged by government to hold off from any move to oust her before it presents its medium-term fiscal plan on Oct. 31.
The "mini-budget" announced by Truss' former finance minister Kwasi Kwarteng — who was sacked last Friday — brought market turmoil, soaring borrowing costs, and a collapse in party support.
It outlined plans for extensive, uncosted tax cuts on top of a massive energy support scheme — which his successor says will also be scaled back.
Truss and Kwarteng were accused of plowing ahead with their plans — with no immediate independent assessment — despite multiple warnings from economists, former Tory ministers and others that tax cuts in the current economic climate could be dangerous. — Euronews


Clic here to read the story from its source.