Britain’s Prime Minister, cornered by her budget plan fiasco and ‘story’ collapse in the polls
British Home Secretary Suella Braverman has tendered her resignation to Prime Minister Liz Truss, the Guardian newspaper reported. The resignation comes after a turbulent week for the prime minister that was marked by the failure of her economic strategy and fiscal proposal.
Braverman, a former attorney general, took over her current role just over a month ago when Truss came to power. Both held a meeting in which the head of Home Affairs tendered her resignation, according to BBC sources who distanced her from an alleged internal malaise.
Truss’s situation starts to get critical. Just a week ago, it had to roll back its tax cuts. The value of the British pound plummeted after the announcement of lower taxes on the highest incomes and the Bank of England had to intervene. As a result, Truss sacrificed his finance minister, Kwasi Kwarteng, with whom he shares a neoliberal view of the economy.
Not only that. The Conservative Party is in free fall in the polls. Labor leads them by 36 points in the latest published polls, the biggest gap since Tony Blair’s 1997 victory.
The disillusionment with the new leader – she has only been in office for six weeks – extends from party members to the faction and the conservative press. A majority of 55% of the members think he should resign against the 38% who advocate his continuity despite his failed economic policy.
Source: La Verdad
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