Faced with turmoil in the financial market and the outside world's concerns about changes in UK economic policies, British Prime Minister Tras said in question in Parliament on the 12th that he would stick to his commitment to large-scale tax cuts and not cut public spending during the campaign. At the same time, she also refuted the call for a new vote on the British general election.
British Prime Minister Trass
What we want to ensure is that debts will decline in the medium term (financial plan). But to do this, not by cutting public spending, but ensuring that public funds are used well.
According to Reuters , a spokesperson for Trass later said that although overall public spending will increase, government departments have been asked to find effective ways to save money. During the parliamentary question on the 12th, some opposition Labor MPs pointed out that in the last two polls of , 60% of the respondents expressed their hope that the UK will hold an election immediately. Tras refuted this, saying that the "most unwanted thing the UK needs is the general election" at this stage.
On September 23, Chancellor Kwoten, who had just taken office for less than a month, announced the largest tax cut in the UK in 50 years to boost the economy, but triggered a sharp shock in the financial market. The newly introduced tax cuts have intensified the financial pressure faced by the British government and have also caused concerns about the UK's fiscal situation. Opposition Labor Party accused the government of "gambling at all costs." Former U.S. Treasury Secretary Summers called the situation facing Britain "very ominous". The British think tank Institute for Finance said this week that the UK government needs to fill a fiscal gap of £62 billion to stop government debt growth.
Faced with pressure, the British government announced that it would give up the tax cut plan for high-income earners. In addition, the British government said on the 10th that British Chancellor Kwoten will propose a plan to balance the government's finances on October 31, nearly one month ahead of the original date. The fiscal plan is expected to provide detailed explanations on how the UK can reduce the government's debt burden, etc.
(Original title: Polls tend to re-election, Trass: No need)
Source: CCTV4
Process editing: TF060
Process editing: TF060
