10/4, 5:08 PM (Source: TeleTrader)
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UK's Truss 'shameless' in performing tax U-turn

United Kingdom Prime Minister Liz Truss (pictured) said on Tuesday that she had "absolutely no shame" in carrying out a drastic U-turn on the government's plan to eliminate the higher tax rate of 45 pence.

"I listened to people, and I think there's absolutely no shame in a leader listening to people and responding," Ms. Truss said. "But everything I've done as prime minister is focused on helping people get through what is a very difficult winter and very difficult circumstances and putting our country on a stronger footing in the future."

Truss's remarks come after the mini-budget crisis that resulted in a sharp fall of the pound and an intervention by the Bank of England. At this moment, polls indicate that the prime minister's approval rating has fallen by 18%.

Baha Breaking News (BBN) / JG