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Page 2 - Latest Updates on Liz Truss

UK credit score outlook revised to negative by Moody's on political drama

The rating firm said the change in the outlook was driven by "heightened unpredictability in policymaking" in UK amid weaker growth prospects and high inflation

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Updated On : 22 Oct 2022 | 10:13 AM IST

Boris Johnson, ousted by scandal, eyes comeback as UK prime minister

Former British Prime Minister Boris Johnson -- ousted by ethics scandals just three months ago -- has jockeyed to make a comeback as one of several contenders seeking to replace Liz Truss

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Updated On : 22 Oct 2022 | 9:30 AM IST

Rishi Sunak leads MP support, over halfway to threshold: Report

British minister Penny Mordaunt on Friday launched her bid to replace Liz Truss as prime minister, becoming the first Conservative lawmaker to announce they are running.

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Updated On : 22 Oct 2022 | 12:09 AM IST

Ousted Boris Johnson eyes comeback as UK Conservatives pick new PM

Several British lawmakers, including scandal-tarnished former Prime Minister Boris Johnson, jockeyed for support Friday to become the country's next leader

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Updated On : 21 Oct 2022 | 10:55 PM IST

Rishi Sunak holds firm as bookies' favourite to replace Liz Truss as UK PM

The 42-year-old Sunak is holding a solid 55 per cent lead with the Oddschecker betting odds aggregator, followed by a 29 per cent chance of former prime minister Boris Johnson making a comeback

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Updated On : 21 Oct 2022 | 5:26 PM IST

How the UK's Conservative Party planning to replace outgoing Liz Truss

Britain's governing Conservative Party is electing a new leader for the second time this year. The winner will replace Liz Truss, who stepped down Thursday after 45 days in office

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Updated On : 21 Oct 2022 | 5:04 PM IST

Boris Johnson, Rishi Sunak lead race to become UK's next prime minister

Boris Johnson and former finance minister Rishi Sunak were leading the potential contenders to replace British Prime Minister Liz Truss

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Updated On : 21 Oct 2022 | 1:59 PM IST

Here's why Liz Truss' tenure was so short as UK PM; and what's next

British Prime Minister Liz Truss took office last month with hopes and promises of reinvigorating the British economy and putting it on the path to long-term success.

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Updated On : 21 Oct 2022 | 7:57 AM IST

Liz Truss quits as UK PM after 45 days; a look at the front-runners

Truss, who came to power on September 6, is the shortest-serving UK prime minister, who succeeded Boris Johnson. She delivered a statement outside 10 Downing Street

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Updated On : 21 Oct 2022 | 6:31 AM IST

Blow to UK PM Liz Truss: Chief Whip Wendy Morton reportedly resigns

In yet another blow to UK Prime Minister Liz Truss after Home Secretary Suella Braverman on Wednesday tendered her resignation, it is alleged that Chief Whip Wendy Morton resigned

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Updated On : 20 Oct 2022 | 8:10 AM IST

'I am a fighter, not a quitter', says Truss to an angry Parliament

PM commits to pension spending; no comment on benefits, foreign aid

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Updated On : 20 Oct 2022 | 12:27 AM IST

British PM Liz Truss vows to carry on as her party support dwindles

After weeks of blaming 'global headwinds', Truss on Monday said she was sorry for going 'too far and too fast' with her radical economic plan to snap Britain out of years of tepid growth

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Updated On : 18 Oct 2022 | 10:18 PM IST

Over half of Tory members want Truss to quit, Johnson to take over: Report

Liz Truss suffered a fresh body blow on Tuesday as a poll found more than half of Tory members want her to quit, with Boris Johnson emerging as the favourite to take over, a media report said

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Updated On : 18 Oct 2022 | 7:59 PM IST

UK prime minister Liz Truss' waning power brings political plots, and jokes

Powerless, humiliated, labeled a ghost prime minister and compared unfavourably to a head of lettuce this is not a good week for Liz Truss

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Updated On : 18 Oct 2022 | 6:23 PM IST

UK PM insists of leading Conservatives into next general election

Despite the ongoing political upheaval, UK Prime Minister Liz Truss has insisted of leading the ruling Conservative Party into the next general election

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Updated On : 18 Oct 2022 | 10:26 AM IST

UK PM 'sorry' for economic 'mistakes' but embattled Truss vows to stay on

UK PM Liz Truss apologised for going "too far too fast" with reforms that caused investor confidence to evaporate and her poll ratings to plunge

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Updated On : 18 Oct 2022 | 10:08 PM IST

UK reverses bulk of September tax-cutting package to calm markets

The UK government has announced a reversal of the bulk of its September tax-cutting measures in yet another emergency action to ensure economic stability

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Updated On : 18 Oct 2022 | 7:33 AM IST

Joe Biden brushes off risks of strong dollar on global economy

The dollar has climbed roughly 15% this year as the Federal Reserve embarked on an aggressive campaign to raise interest rates to tamp US price increases.

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Updated On : 16 Oct 2022 | 10:42 PM IST

Dominant Jeremy Hunt refuses to rule out new U-turn on Truss taxes

Hunt declined to rule out delaying by a year the prime minister's plan to cut the basic rate of income tax, a move that would amount to another U-turn on a key plank of Truss's "mini-budget."

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Updated On : 16 Oct 2022 | 10:31 PM IST

UK PM Truss brings in rival who could steady the ship, or take her job

Under-pressure UK Prime Minister Liz Truss appointed Jeremy Hunt as her new Chancellor of the Exchequer, replacing Kwasi Kwarteng after just 38 days in office

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Updated On : 15 Oct 2022 | 8:15 AM IST