Liz Truss misses the parliamentary question on Kwarteng dismissal
Liz Truss misses the parliam...
Subscribe to Newsletter

Liz Truss misses the parliamentary question on Kwarteng dismissal

17 October 2022
2 min.
Liz Truss misses the parliamentary question on Kwarteng dismissal

Liz Truss won't give an explanation

British Prime Minister Liz Truss has refused a demand from the opposition to make a statement on her decision to sack finance minister Kwasi Kwarteng and make a near 180-degree U-turn on her plans to cut taxes.

Earlier, the head of the opposition Labour PartyKeir Starmer, was given the right to demand that the head of government make such a clarification in parliament, but instead Truss was addressed by Penelope Mary Mordaunt, leader of the House of Commons of the British parliament representing the ruling Conservative Party.

She apologised that the prime minister did not appear before lawmakers because she was "delayed by urgent discussions". This statement by Penelope Mary Mordaunt caused laughter in the House of Commons. She explained that behind Truss' decision to replace the finance minister was the intention to "restore financial stability in the face of volatile global conditions". Mordont also assured that Truss was "not hiding under the table", as one Labour MP suggested.

Also, The Daily Telegraph pointed out that the head of government has the right not to personally address parliament in response to an opposition request. However, the paper estimated that such a decision would raise fresh questions about the strength of her position as prime minister.

Earlier on Monday, Jeremy Hunt, who succeeded Kwarteng at the Treasury, announced that the government was scrapping most of the tax breaks announced by his predecessor and Truss at the end of September to ensure economic stability.

Due to the measures announced then, experts estimate that the budget would have lost £45 billion a year, which is comparable to 1.8% of GDP. This led to a collapse in the pound's exchange rate and an increase in government bond yields. According to Hunt, the government's rate correction will allow it to continue to raise £32bn a year for the budget.

Persons5 and Companies4 in the news

Chancellor of the Exchequer
1 place
Minister of State for Trade Policy
2 place
3 place
Secretary of State for International Trade, President of the Board of Trade, Minister for Women and Equalities.
4 place
Secretary of State for Business, Energy and Industrial Strategy
5 place
Rating companies
18 Mention
12 Mention
Daily Mail
9 Mention
Labour Party
6 Mention
X (Twitter)
6 Mention
Channel 4
6 Mention
The Sun
6 Mention


News -this is the latest and most up-to-date information about the resonant events that have occurred in the region. The task of the resource's news feed is to convey to readers information about important events in business, politics, economics, healthcare, culture and other spheres of life in England with maximum accuracy and objectivity.
News - this is coverage of the economic processes taking place in England, the latest news of public life, incidents and an overview of political events. English news is information about the activities of small and medium-sized businesses, the work of housing and communal services, the implementation of significant projects. The site's journalists describe not only the life of the region, but also talk about the current state of the English economy. Everything you need to know about innovations in the field of industry and agriculture, economy and government is collected in the "News" section on
News of England promptly informs the reader, shows the real picture and opens up topical topics. Communication with government structures and business gives us the opportunity to provide our readers with reliable, information-rich material.
The main page of the portal contains the key news of England!
Alena Potapova

Development Director
Died this year
Born this year