According to media on Saturday at the White House, US President Joe Biden stated that he thought about the economic plan given by British Prime Minister Liz Terrace from the beginning.
“I was not the only person who thought it was a mistake,” the US President said, adding that the current developments in the UK events were “fully predictable and expected.
“Biden emphasised that he disagrees with Taras’ approach and thinks the British should make all decisions on their own.
The British Conservative Party’s deputies are to meet on Monday to discuss the Prime Minister’s political future, according to a Saturday evening article in The Guardian, and an increasing number of Conservative Party members are talking about the need to change it.
The British pound hit a record low and the stock markets and bonds in the Kingdom had a highly negative reaction to the government’s economic plan, which is why Taras’ popularity has fallen off a cliff.
Experts are sceptical that the Prime Minister’s plan to cut taxes and regulations can swiftly lift the nation out of recession, spur economic growth, and lower the nation’s infamously high inflation rate.
At the same time as interest rates on loans and mortgages are rising for both businesses and individuals in the UK, the country’s debt load will get heavier.
In the first year after becoming prime minister, opponents on the terrace will not be permitted to vote on confidence. However, if half of the members of the faction (178 out of 356) is ready to announce the withdrawal of confidence from the Prime Minister, then the laws can be reviewed.
Origin: Tas.
Biden: The British Prime Minister’s plan was flawed from the start, and developments there were anticipated.
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