Summary of UK Prime Minister Liz Truss grilled over tax cuts in local radio interviews - BBC News

00:00:00 - 00:15:00

The UK Prime Minister, Liz Truss, was interviewed on BBC local radio stations this morning, defending her economic plan which includes massive tax cuts and increasing borrowing. The IMF has said the government's decisions could lead to inflation, and the prime minister responded that the cost of living crisis is overshadowing the tax cuts.

• 00:00:00 The Prime Minister of the United Kingdom, Liz Truss, was interviewed on BBC local radio stations this morning, defending her economic plan which includes massive tax cuts and increasing borrowing. The IMF has said the government's decisions could lead to inflation, and the prime minister responded that the cost of living crisis is overshadowing the tax cuts.
• 00:05:00 The UK Prime Minister, Liz Truss, was grilled over tax cuts in local radio interviews. The former bank of England Governor, Mark Carney, said that there is a lapse between today and when that growth might come, and that there are also inconsistencies in the government's economic plans. Truss was also asked about interest rates, which are going up around the world.
• 00:10:00 The UK Prime Minister, Liz Truss, was grilled over tax cuts in local radio interviews. The Chancellor, quasi-quateng, said they are focused on delivering the growth plan and making sure people "right across this country" are protected. The opposition Labor Party is calling for the Chancellor's next economic statement to be brought forward, and the Financial Times reports that the government is trying to reset the conversation around the so-called mini budget.
• 00:15:00 UK Prime Minister Liz Truss is grilled over tax cuts in local radio interviews, with commentators noting that the idea is unpopular and likely to lead to a Conservative party loss of trust.