Everything Editor: Bi Luming
British Prime Minister Tras is facing a ruling crisis for only more than a month after taking office. Several Conservative MPs in the country questioned Tras' ability and asked her to resign. Recently, US President Biden said that British Prime Minister Tras' initial economic plan was a mistake, which caused the pound to depreciate sharply. Can Trass turn the tables?
British media: Conservative Party senior management will discuss the whereabouts of Tras
According to CCTV News on the 17th, several senior Conservative Party members will hold a meeting on the 17th to discuss the whereabouts of Prime Minister Tras, some of whom hope that Tras can resign within a few days.
British Prime Minister Tras. Image source: Xinhua News Agency
Report said that the main supporters of former British Chancellor Sunak convened a dinner party, and 15 to 20 former British cabinet members and several senior MPs were invited to attend. It is reported that the main topic of the dinner party is to discuss how and when to remove Prime Minister Tras. Sunak competed with Tras in September this year for the head of the British Conservative Party. The Guardian quoted a MP who participated in the dinner as saying that, as when forcing former Prime Minister Johnson to step down, the process of Conservative MPs reaching agreement on "taking action against Tras" is difficult, but everything is moving forward.
Former British Chancellor Kwoten announced the largest tax cut in 50 years on September 23 to boost the economy. After the new measures were announced, the pound fell in response and British government bonds were sold violently. The Bank of England had to urgently take to save the market and stabilize the financial market by purchasing large-scale bonds. Tras also encountered doubts from inside and outside the Conservative Party about his ability to govern. In order to save the decline in support ratings, Tras fired Kwoten on the 14th, urgently appointed Jeremy Hunter as his successor, and decided to correct the previous planned mistakes. Hunter html publicly stated on the 315th that the fiscal policy previously formulated by the British government was "error", too "blindly optimistic", and ignored the basic demands of ordinary people. He stressed that in the current complex and challenging international and domestic environment, using lending to fund tax cuts "does not work", and reducing the tax for the rich is even more mistaken.
The British Prime Minister's Office confirmed on the 14th that Prime Minister Tras appointed Jeremy Hunter as Chancellor of the Exchequer to replace Kwasi Kwoten, who left office earlier that day. Image source: Xinhua News Agency
In addition, according to the China News Service citing Reuters on October 16, on the 15th local time, US President Biden said that British Prime Minister Tras' initial economic plan was a mistake, which led to a sharp depreciation of the pound. Biden told reporters when attending an election campaign in Portland, Oregon that day that "I am not the only person who thinks (Tras' economic plan) is a mistake."
Conservatives publicly called on Tras to step down, saying that "the game has ended"
According to China News Service comprehensive foreign media reports, Tras' performance aroused dissatisfaction among some Conservative MPs. Among them, British Conservative MP Blunt was accused of being the first Conservative to publicly call on Tras to step down. Blunt said in an interview with British media on October 16: "I think the game is over, and the problem now is how to deal with succession."
Former Conservative Secretary of the Exchequer Osborne predicted that Tras may reorganize the cabinet and seek a complete resumption, but she is unlikely to survive the crisis. It is Christmas time, and Trass is likely to have left 10 Downing Street .
There are also well-known insiders of the Conservative Party who revealed that some MPs within the party are planning to support their opponents who have competed with Tras to replace her position. Former MP Goodman told BBC that the candidates for discussion included former Chancellor Sunak, who was defeated by Tras in the fight for party leaders, and Modante, deputy secretary of international trade in , "even including (former Prime Minister) Johnson."
On the other hand, the British House of Commons will debate on a petition requesting an immediate general election on the 17th. The petition was supported by hundreds of thousands of signatures.
Daily Economic News Comprehensive China News Network, CCTV News
Daily Economic News
