Truss is in dire straits and is fighting for her political life after she had to reverse her tax policy. On Friday, Jeremy Hunt became the new Chancellor of the Exchequer in Great Britain. He took over from Kwasi Kwarteng, who was fired after 38 days in the ministerial chair. During these days, Kwarteng managed to present a budget with large, unfunded tax cuts. This was the cut that Truss had chosen. The proposal for cuts created unrest in the markets and caused the pound to weaken sharply. On Monday, Hunt, who stands for a different fiscal policy than Truss, announced that several of the planned tax cuts would be scrapped. Pressa prime minister No, the prime minister is fighting to win back his political authority. When she appears in question time in the House of Commons on Wednesday, there will probably be a row against her. In recent days there has been a lot of speculation about how long Truss can continue as British Prime Minister. Chancellor of the Exchequer Jeremy Hunt will reverse the tax package Liz Truss was elected on. Photo: HENRY NICHOLLS / Reuters At least five MPs in the Conservative Party have said that they believe she is not the right person to lead the party. Opinion polls also show that people’s trust in Truss has plummeted since she took over as Prime Minister six weeks ago. According to the opinion polling institute YouGov, he is now the least popular prime minister since they started the poll. Another survey shows that a majority in her party believe she must resign.
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