British Prime Minister Liz Truss on Wednesday ruled out a windfall tax on oil companies to pay for her plans to tackle the energy crisis.
New British Prime Minister Liz Truss arrives to make an address outside Downing Street in London Tuesday, Sept. 6, 2022 after returning from Balmoral in Scotland where she was formally appointed by Britain's Queen Elizabeth II.
LONDON — Speaking during her first session of prime minister’s questions in the House of Commons, Truss rebuffed opposition calls for a new windfall tax, even as she refrained from explaining how she would fund a plan meant to help the public pay energy bills skyrocketing because of Russia’s invasion of Ukraine. The plan is expected to be delivered on Thursday.
“I am against a windfall tax,″ she said. “I believe it is the wrong thing to be putting companies off, investing in the United Kingdom just when we need to be growing the economy.”held her first Cabinet meeting, appointing a government diverse in race and gender and united in its support for the new leader’s staunchly free-market views.by Queen Elizabeth II on Tuesday after winning an internal election to lead the governing Conservative Party.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Liz Truss Is the New British Prime MinisterLiz Truss has officially become the U.K.’s new prime minister after a leadership contest triggered by Boris Johnson’s resignation in early July.
Read more »
Meet Liz Truss, the 56th prime minister of the U.K.Liz Truss has steadily risen through the Conservative Party to become the country’s 56th prime minister. Truss was an opponent of Brexit, but she’s effectively switched sides and has taken a hard line toward the European Union.
Read more »
Liz Truss becomes new UK prime ministerNew UK Prime Minister Liz Truss faces many challenges, including soaring prices, labor unrest, and a health care system burdened by long waiting lists and staff shortages.
Read more »
Liz Truss is now officially the U.K.'s prime minister after meeting with the queenLiz Truss became U.K. prime minister on Tuesday and immediately confronted the enormous task ahead of her amid increasing pressure to curb soaring prices, ease labor unrest and fix a health care system burdened by long waiting lists and staff shortages.
Read more »
Who is Liz Truss, Britain's new prime minister?The woman replacing Boris Johnson at No. 10 Downing Street has vowed to slash taxes and remove decades of European regulations from Britain's books.
Read more »