Prime minister Liz Truss said the scale of the challenge is 'immense' as she mentioned the war in Europe, the aftermath of COVID and a global economic crisis. Here's some of the highlights from the PM's speech 👇
Prime Minister Liz Truss has promised 'an iron grip on the nation's finances' and vowed to break Britain out of a 'high-tax, low-growth cycle', adding that she and Kwasi Kwarteng are 'in lockstep on this'.Outlining her three priorities for Britain's economy:"growth, growth and growth", Ms Truss said she"will not allow the anti-growth coalition of Labour, the Lib Dems and the SNP to hold us back".
But one member of the 90s dance band was not pleased with the song being used, posting on social media:"I don't want my song being a soundtrack to lies." But the speech, which was just over half an hour long, contained no new policy announcements and made no reference to benefits - which the PM is facing another split within her cabinet over.
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