Jimu News Reporter Manda
Intern Luo Yan
According to the report of " Daily Mail " on October 14, Tras has only 17 days left to maintain her position as prime minister. Because, the Conservative Party whip warned that if the medium-term fiscal plan announced by the Chancellor of the Exchequer Kwasi Kwoten on October 31 cannot end the turmoil in the country's financial markets, Tras's position as prime minister will face challenges.
has only 17 days left to reverse the situation
Kaosi Kwoten temporarily canceled the meeting in Washington, USA on the evening of the 13th and flew back to the UK early. He will hold important talks with Prime Minister Tras to discuss the introduction of the package plan, which is completely opposite to the previous "mini budget" direction.
Kaosi Kwoten (Photo source: Daily Mail)
That night, Tras and her closest assistants were also weighing whether to cancel some of the measures of the "mini budget" launched last month, including the cancellation of the heavy promise to raise corporate taxes.
Meanwhile, panicked Conservative MPs are discussing whether to remove Tras from her less than a month after she was prime minister and who could replace her. A former cabinet minister said: "Now everything depends on the medium-term fiscal plan launched by the Chancellor of the Exchequer on October 31, and Tras has only more than ten days to turn the situation around."
Therefore, Tras will have to adjust his economic strategy and even consider removing the current Chancellor of the Exchequer Kwasi Kwoten. Even so, if Tras can't regain trust, she will face stepping down.
Worryingly, Tras still seems to not admit how bad the situation is.
replacement plan is being brewed. It is reported that important people in the Conservative Party are discussing replacing Tras with Sunak and Modant combinations. The two ranked second and third in the previous Conservative Party leader's election, only behind Tras. More than 20 senior MPs, including former cabinet ministers, are trying to form a "council of elders" to demand Prime Minister Tras' resignation.
Tras (Photo source: Daily Mail)
IfTras resigns, it will be replaced by Sunak and Modant combinations. Either Sunak serves as prime minister and Modant serves as deputy prime minister and foreign minister; or Modant serves as prime minister and Sunak serves as secretary of the finance department.
However, some people also object to the removal of Trass. Foreign Secretary James said changing leadership is a disastrous and bad idea politically and economically. Former British Culture Secretary Doris tweeted, urging lawmakers to unite behind the Prime Minister. She claimed: "There are discussions among MPs about who should replace Tras as prime minister, and they simply did not consider that these people were not voted by the British public." Former Conservative Chancellor Lamont said that Conservative MPs opposed her just weeks after Tras took office, which was "funny."
support rate fell to the bottom
On October 31, Secretary of the Finance Minister Kwasi Kwoten will soon announce the "medium-term fiscal plan" of the Trass government.
But at the same time, the UK's economy is facing many crises. For example, Bank of England is about to announce a significant increase in interest rates, adding more burden to millions of homeowners. Some forecasters estimate that the British public finance black hole is as high as £60 billion. But Tras refused to cut public spending drastically to fill the black hole.
In addition, the Chancellor of the Exchequer has been forced to abandon the plan to cancel the 45% maximum income tax rate, amid opposition from the Conservative backbenchers. On the 13th, it was rumored that Tras was preparing to give up his promise to lift corporate taxes, which was a major measure she had pushed for in her previous campaign.
Although according to the Conservative Party regulations, Tras could not formally challenge her leadership by September next year when she took office. But the Conservative Party’s top leaders are already considering that if the situation continues to deteriorate, they will have to force her to step down. Someone said: "The rules can be changed at any time. If she loses the trust of the parliamentary party and cannot regain trust, she will have to step down. Although it will be ugly, it is our responsibility to prevent the situation from getting worse."
The latest poll conducted by the British News Channel shows that since Tras issued the "mini budget" in September, her approval rating has dropped by nearly half to only 9%. Her popularity is comparable to the scandal-ridden Prince Andrew .
(Source: Jimu News)
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