British Finance Minister Kwasi Kwarteng said that it has been a “tough day” as the government decided to not introduce the controversial tax cuts for high earners in the country. During his speech at the Conservative conference, Kwarteng said that the economic plan caused “a little turbulence”.

“It has been tough but we need to focus on the job in hand. We need to move forward. No more distractions. We have a plan and we need to get on and deliver it. That is what the public expect from the government,” the finance minister said according to The Guardian.

Also read |&nbsp;<a href="https://www.wionews.com/world/iran-khamenei-blames-us-israel-for-protests-after-mahsa-aminis-death-522097" hreflang="en">Iran: Khamenei blames US, Israel for protests after Mahsa Amini's death</a>

In the mini-budget, Kwarteng announced that they will be implementing a 45 per cent tax cut for the top earners. However, it was met with a lot of criticism from all sides and in the aftermath of the budget, the pound fell to a record low against the United States dollar last week.

With the International Monetary Fund (IMF) and other major organisations not backing the move, the British government said on Monday that they will not be going forward with the tax cuts.

Also read |&nbsp;<a href="https://www.wionews.com/world/uk-makes-u-turn-eliminates-tax-cut-for-high-earners-following-market-unrest-521963" hreflang="en">UK makes U-turn, eliminates tax cut for high earners following market unrest</a>

While the measures will not be implemented at the moment, the finance minister made it clear that the government will be looking to introduce tax cuts in a bid to boost the economy.

“Because with energy bills skyrocketing, a painful Covid aftermath, war on our continent, a 70-year-high tax burden, slowing global growth rates and glacially slow infrastructure delivery, we couldn’t simply do nothing. We can’t sit idly by. What Britain needs more than ever is economic growth.”

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British Finance Minister Kwasi Kwarteng said that it has been a “tough day” as the government decided to not introduce the controversial tax cuts for high earners in the country.

British Finance Minister Kwasi Kwarteng said that it has been a “tough day” as the government decided to not introduce the controversial tax cuts for high earners in the country. During his speech at the Conservative conference, Kwarteng said that the economic plan caused “a little turbulence”. “It has been tough but we need to focus on the job in hand. We need to move forward. No more distractions. We have a plan and we need to get on and deliver it. That is what the public expect from the government,” the finance minister said according to The Guardian. Also read | Iran: Khamenei blames US, Israel for protests after Mahsa Amini's death In the mini-budget, Kwarteng announced that they will be implementing a 45 per cent tax cut for the top earners. However, it was met with a lot of criticism from all sides and in the aftermath of the budget, the pound fell to a record low against the United States dollar last week. With the International Monetary Fund (IMF) and other major organisations not backing the move, the British government said on Monday that they will not be going forward with the tax cuts. Also read | UK makes U-turn, eliminates tax cut for high earners following market unrest While the measures will not be implemented at the moment, the finance minister made it clear that the government will be looking to introduce tax cuts in a bid to boost the economy. “Because with energy bills skyrocketing, a painful Covid aftermath, war on our continent, a 70-year-high tax burden, slowing global growth rates and glacially slow infrastructure delivery, we couldn’t simply do nothing. We can’t sit idly by. What Britain needs more than ever is economic growth.”

Proposed UK tax cuts caused ‘a little turbulence’, says finance minister Kwasi Kwarteng

Iran’s supreme leader, Ayatollah Ali Khamenei, has blamed the United States and Israel for protests that have gripped the country for more than two weeks. In other news,&nbsp;Swedish Coast Guard said on Monday said there was no visible gas leak from Nord Stream 1 pipeline. The series of leaks and blasts surrounding the pipeline has started a blame game between the West and Moscow.&nbsp;

Click on headlines to read more:&nbsp;

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Iran's supreme leader Ayatollah Ali Khamenei blamed the United States and Israel for nationwide protests that erupted after custodial death of 22-year-old Mahsa Amini. This is Khamenei's first public statement on the issue the protests over which have rocked the Islamic Republic for nearly a month now.&nbsp;

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/10/03/300899-khamenei.jpg" />

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Swedish Coast Guard said on Monday (October 3) that there was no visible gas leak from Nord Stream 1 pipeline but a smaller leak from Nord Stream 2 was still visible.

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/07/21/280861-nord.jpg" />

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Marina Ovsyannikova, a Russian TV journalist who made headlines by hijacking a state television broadcast to denounce the ongoing conflict between Russia and Ukraine has been put on Moscow's wanted list after she allegedly escaped house arrest.&nbsp;

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/07/18/279956-new-wion-9.png" />

<a href="https://www.wionews.com/world/uk-makes-u-turn-eliminates-tax-cut-for-high-earners-following-market-unrest-521963">UK makes U-turn, eliminates tax cut for high earners following market unrest</a>

Just 10 days after a debt-driven budget caused market turbulence and drew harsh condemnation during a cost-of-living crisis, Britain on Monday abandoned plans to lower its top income tax rate.

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/10/03/300872-liz-truss.jpg" />

<a href="https://www.wionews.com/world/wasnt-the-best-way-to-go-kwarteng-admits-mistake-of-attending-champagne-reception-after-budget-522048">‘Wasn’t the best way to go’: Kwarteng admits mistake of attending champagne reception after budget</a>

Earlier today, in an interview, Kwasi Kwarteng, UK's Chancellor of the Exchequer, spoke up about his presence at the private champagne reception that stirred controversy, as it was hours after delivering his mini-budget speech. The reception was reportedly attended by Britain’s leading entrepreneurs, hedge fund managers and property developers.&nbsp;

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/10/03/300862-wion-images-18.png" />

<a href="https://www.wionews.com/world/french-justice-minister-to-face-trial-over-conflict-of-interest-charges-522085">French justice minister to face trial over conflict of interest charges</a>

French Justice Minister Eric Dupond-Moretti will stand trial before a special judicial body in a conflict of interest case that has become the Achilles heel of President Emmanuel Macron's government.

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2021/07/16/202624-untitled-design-24.jpg" />

<a href="https://www.wionews.com/world/us-and-philippines-kick-off-joint-naval-exercise-amid-china-tension-522082">US and Philippines kick off joint naval exercise amid China tension</a>

The US and Philippines armed forces on Monday kicked off joint naval exercise named KAMANDAG (Kaagapay Ng Mga Mandirigma ng Dagat), an acronym in Filipino for "Cooperation of the warriors of the sea". The exercise will run till October 14 and will see the participation of 2,550 American and 530 Filipino troops.

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/10/03/300887-untitled-design-1.png" />

<a href="https://www.wionews.com/world/bomb-threat-on-china-bound-iranian-plane-over-indian-airspace-521946">China-bound Iranian plane leaves Indian airspace following false bomb scare</a>

Indian military jets were scrambled on Monday after a bomb alert on an Iranian airliner that turned out to be false, the Indian Air Force (IAF) said. The threat&nbsp;was reported onboard a Mahan Air plane&nbsp;over Indian airspace. The passenger plane was moving from Iran to China's Guangzhou.&nbsp;

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/10/03/300781-000si1qr.jpg" />

<a href="https://www.wionews.com/sports/jasprit-bumrah-ruled-out-of-the-t20-world-cup-2022-confirms-bcci-522117">Jasprit Bumrah ruled out of the T20 World Cup 2022, confirms BCCI</a>

The Board of Control for Cricket in India (BCCI) on Monday confirmed fast bowler Jasprit Bumrah has been ruled out of the upcoming T20 World Cup 2022. The tournament is all set to get underway in Australia later this month and Bumrah was facing a race against time to be fully fit after sustaining a back injury.

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/10/03/300913-bumrah-india-injury.png" />

<a href="https://www.wionews.com/entertainment/kim-kardashian-settles-sec-crypto-charge-to-pay-126-million-522091">Kim Kardashian settles SEC crypto charge, to pay $1.26 million</a>

Kim&nbsp;Kardashian&nbsp;has agreed to settle charges of unlawfully touting a crypto security and to pay $1.26 million in penalties and associated fees, the U.S. Securities and Exchange Commission said on Monday.

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/08/14/287474-sdfvhyyyy.jpg" />

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Iran’s supreme leader, Ayatollah Ali Khamenei, has blamed the United States and Israel for protests that have gripped the country for more than two weeks. In other news, Swedish Coast Guard said on Monday said there was no visible gas leak from Nord Stream 1 pipeline.

Iran’s supreme leader, Ayatollah Ali Khamenei, has blamed the United States and Israel for protests that have gripped the country for more than two weeks. In other news, Swedish Coast Guard said on Monday said there was no visible gas leak from Nord Stream 1 pipeline. The series of leaks and blasts surrounding the pipeline has started a blame game between the West and Moscow. Click on headlines to read more: Iran: Khamenei blames US, Israel for protests that erupted after Mahsa Amini's death Iran's supreme leader Ayatollah Ali Khamenei blamed the United States and Israel for nationwide protests that erupted after custodial death of 22-year-old Mahsa Amini. This is Khamenei's first public statement on the issue the protests over which have rocked the Islamic Republic for nearly a month now. Gas leak from Nord Stream 1 has stopped, says Swedish Coast Guard Swedish Coast Guard said on Monday (October 3) that there was no visible gas leak from Nord Stream 1 pipeline but a smaller leak from Nord Stream 2 was still visible. Russian TV journalist who criticised Putin listed 'wanted' after fleeing house arrest Marina Ovsyannikova, a Russian TV journalist who made headlines by hijacking a state television broadcast to denounce the ongoing conflict between Russia and Ukraine has been put on Moscow's wanted list after she allegedly escaped house arrest. UK makes U-turn, eliminates tax cut for high earners following market unrest Just 10 days after a debt-driven budget caused market turbulence and drew harsh condemnation during a cost-of-living crisis, Britain on Monday abandoned plans to lower its top income tax rate. ‘Wasn’t the best way to go’: Kwarteng admits mistake of attending champagne reception after budget Earlier today, in an interview, Kwasi Kwarteng, UK's Chancellor of the Exchequer, spoke up about his presence at the private champagne reception that stirred controversy, as it was hours after delivering his mini-budget speech. The reception was reportedly attended by Britain’s leading entrepreneurs, hedge fund managers and property developers. French justice minister to face trial over conflict of interest charges French Justice Minister Eric Dupond-Moretti will stand trial before a special judicial body in a conflict of interest case that has become the Achilles heel of President Emmanuel Macron's government. US and Philippines kick off joint naval exercise amid China tension The US and Philippines armed forces on Monday kicked off joint naval exercise named KAMANDAG (Kaagapay Ng Mga Mandirigma ng Dagat), an acronym in Filipino for "Cooperation of the warriors of the sea". The exercise will run till October 14 and will see the participation of 2,550 American and 530 Filipino troops. China-bound Iranian plane leaves Indian airspace following false bomb scare Indian military jets were scrambled on Monday after a bomb alert on an Iranian airliner that turned out to be false, the Indian Air Force (IAF) said. The threat was reported onboard a Mahan Air plane over Indian airspace. The passenger plane was moving from Iran to China's Guangzhou. Jasprit Bumrah ruled out of the T20 World Cup 2022, confirms BCCI The Board of Control for Cricket in India (BCCI) on Monday confirmed fast bowler Jasprit Bumrah has been ruled out of the upcoming T20 World Cup 2022. The tournament is all set to get underway in Australia later this month and Bumrah was facing a race against time to be fully fit after sustaining a back injury. Kim Kardashian settles SEC crypto charge, to pay $1.26 million Kim Kardashian has agreed to settle charges of unlawfully touting a crypto security and to pay $1.26 million in penalties and associated fees, the U.S. Securities and Exchange Commission said on Monday. WATCH WION LIVE HERE:

Top 10 world news: Khamenei blames US, Israel for mass protests, Nord Stream 1 leak stops & more

In a humiliating U-turn, the UK government has been forced to abandon its plan to abolish the 45% top rate of income tax, it comes after a growing Conservative party revolt over the policy and turbulent reaction from the markets.

UK economy | Liz Truss' U-Turn on 45% tax cut for the rich

Just 10 days after a debt-driven budget caused market turbulence and drew harsh condemnation during a cost-of-living crisis, Britain on Monday abandoned plans to lower its top income tax rate.

Finance Minister Kwasi Kwarteng tweeted on the second day of the annual conference of the ruling Conservative Party that he was "not advancing" with the elimination of the highest 45 percent income tax rate because it had turned into a "distraction."

The statement also represented British Prime Minister Liz Truss's first significant policy reversal since she assumed office less than a month ago.

"It is clear that the abolition of the 45p tax rate has become a distraction from our overriding mission to tackle the challenges facing our country. As a result, I'm announcing we are not proceeding with the abolition of the ... rate.

"We get it, and we have listened."

Also read |&nbsp;<a href="https://www.wionews.com/world/britain-has-too-many-low-skilled-migrants-interior-minister-says-521713">Britain has 'too many' low-skilled migrants, it's hurting growth, says interior minister</a>

The announcement also came after Grant Shapps and Michael Gove, two former cabinet ministers, expressed their disapproval of the unfunded tax cuts that Kwarteng presented in his contentious mini-budget on September 23.

The removal of the 45 percent tax for Britons making more above $167,400 annually was Kwarteng's proposal.

The so-called mini budget had caused bond yields to spike on worries about a borrowing binge and sent the pound falling to a record low against the dollar.

Also read |&nbsp;<a href="https://www.wionews.com/world/king-charles-iii-to-host-south-african-president-ramaphosa-in-first-state-visit-to-uk-521910">King Charles III to host South African President Ramaphosa in first state visit to UK</a>

In an effort to mitigate the effects of Russia's invasion of Ukraine, a major producer of gas, the budget included a pricey freeze on energy costs for households and companies.

(With inputs from agencies)

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Just 10 days after a debt-driven budget caused market turbulence and drew harsh condemnation during a cost-of-living crisis, Britain on Monday abandoned plans to lower its top income tax rate.

Just 10 days after a debt-driven budget caused market turbulence and drew harsh condemnation during a cost-of-living crisis, Britain on Monday abandoned plans to lower its top income tax rate. Finance Minister Kwasi Kwarteng tweeted on the second day of the annual conference of the ruling Conservative Party that he was "not advancing" with the elimination of the highest 45 percent income tax rate because it had turned into a "distraction." The statement also represented British Prime Minister Liz Truss's first significant policy reversal since she assumed office less than a month ago. "It is clear that the abolition of the 45p tax rate has become a distraction from our overriding mission to tackle the challenges facing our country. As a result, I'm announcing we are not proceeding with the abolition of the ... rate. "We get it, and we have listened." Also read | Britain has 'too many' low-skilled migrants, it's hurting growth, says interior minister The announcement also came after Grant Shapps and Michael Gove, two former cabinet ministers, expressed their disapproval of the unfunded tax cuts that Kwarteng presented in his contentious mini-budget on September 23. The removal of the 45 percent tax for Britons making more above $167,400 annually was Kwarteng's proposal. The so-called mini budget had caused bond yields to spike on worries about a borrowing binge and sent the pound falling to a record low against the dollar. Also read | King Charles III to host South African President Ramaphosa in first state visit to UK In an effort to mitigate the effects of Russia's invasion of Ukraine, a major producer of gas, the budget included a pricey freeze on energy costs for households and companies. (With inputs from agencies) WATCH WION LIVE HERE:

UK makes U-turn, eliminates tax cut for high earners following market unrest

British Prime Minister Liz Truss will delay the vote on counting 45-point rate of tax for higher earners. This is being reported by a leading British publication quoting government sources. Last Friday Chancellor Kwasi Boateng announced the tax cuts as part of his mini budget.

UK Economy | Kwarteng: Will now focus on delivering growth package

UK: Prime Minister Liz Truss will delay vote on 45P tax cut for the wealthy

Liz Truss is having trouble convincing Conservative MPs to support her divisive mini-budget; some are even ready to rebel outright out of concern that they will once again be labelled as the "ugly party."

Since she said she would "stand by" her plans to slash the highest rate of income tax and force through public spending cuts, the prime minister is dealing with a growing tide of unhappiness that is overshadowing the Conservative conference.

Truss' economic proposals came under fire from Michael Gove, who declared it was "not Conservative" to finance tax cuts by borrowing or cutting the welfare budget. He urged Truss to rethink her strategy or risk her mini-budget being rejected.

Also read |&nbsp;<a href="https://www.wionews.com/world/uk-makes-u-turn-eliminates-tax-cut-for-high-earners-following-market-unrest-521963">UK makes U-turn, eliminates tax cut for high earners following market unrest</a>

But despite the turmoil his mini-budget has caused in the economy, chancellor Kwasi Kwarteng will promise to "keep the course" with a "solid, credible" plan that is "supported by an iron-clad commitment" to fiscal restraint on Monday.

Truss expressed some regret for how the mini-budget was received, which resulted in the temporary devaluation of the pound, a criticism from the IMF, and cautions that <a href="https://www.wionews.com/world/live-updates-global-recession-fears-china-debt-default-looms-520949">interest rates</a> might be increased again.

In an effort to calm popular outrage over her economic management, the prime minister first strongly reiterated her tax proposals while refusing to rule out public spending cuts and a real terms decrease in benefits to pay for them.

After less than a month in power, Truss has received criticism from those within her own party over initiatives like as removing the 45p tax rate and capping bankers' bonuses in an effort to promote growth, and she has been badly beaten in the polls.

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Liz Truss is having trouble convincing Conservative MPs to support her divisive mini-budget; some are even ready to rebel outright out of concern that they will once again be labelled as the "ugly party.

Liz Truss is having trouble convincing Conservative MPs to support her divisive mini-budget; some are even ready to rebel outright out of concern that they will once again be labelled as the "ugly party." Since she said she would "stand by" her plans to slash the highest rate of income tax and force through public spending cuts, the prime minister is dealing with a growing tide of unhappiness that is overshadowing the Conservative conference. Truss' economic proposals came under fire from Michael Gove, who declared it was "not Conservative" to finance tax cuts by borrowing or cutting the welfare budget. He urged Truss to rethink her strategy or risk her mini-budget being rejected. Also read | UK makes U-turn, eliminates tax cut for high earners following market unrest But despite the turmoil his mini-budget has caused in the economy, chancellor Kwasi Kwarteng will promise to "keep the course" with a "solid, credible" plan that is "supported by an iron-clad commitment" to fiscal restraint on Monday. Truss expressed some regret for how the mini-budget was received, which resulted in the temporary devaluation of the pound, a criticism from the IMF, and cautions that interest rates might be increased again. In an effort to calm popular outrage over her economic management, the prime minister first strongly reiterated her tax proposals while refusing to rule out public spending cuts and a real terms decrease in benefits to pay for them. After less than a month in power, Truss has received criticism from those within her own party over initiatives like as removing the 45p tax rate and capping bankers' bonuses in an effort to promote growth, and she has been badly beaten in the polls. WATCH WION LIVE HERE:

Tory MPs threaten rebellion against Truss over mini-budget

It has been barely a month since Liz Truss took over the reins from Boris Johnson as the UK’s Prime Minister and it seems that she is already facing a major crisis in gaining faith of the people. According to the Observer poll, the approval ratings of Truss and the Tories have plunged.

Is UK's financial disaster a warning to the world?

UK PM Truss' ratings plummet lower than Johnson's

King&nbsp;Charles&nbsp;III will not travel to next month's COP27 climate summit in Egypt after UK Prime Minister Liz Truss "objected" to the avid environmentalist attending the meet, a report late Saturday said.

Britain's new monarch, who assumed the throne when his mother Queen Elizabeth II died last month, had intended to deliver a speech at the November 6-18 gathering, the Sunday Times reported.

But the plan has been axed after Truss -- who was appointed the Prime Minister by the late Queen just two days before she died -- opposed it during a personal audience with the new monarch at Buckingham Palace last month.

The report comes amid speculation that Britain's new leader, already under fire over her economic plans that have sparked market turmoil, could controversially scale back the country's climate change commitments.

Her newly assembled cabinet contains a number of ministers who have expressed scepticism about the so-called 2050 net zero goals, while Truss herself is seen as less enthusiastic about the policy than her predecessor Boris Johnson.

The Sunday Times said Truss is unlikely to attend COP27 -- the 27th Conference of the Parties to the UN Framework Convention on Climate Change (UNFCCC) -- at the Egyptian resort of Sharm el-Sheikh.

Britain hosted the last summit in the Scottish city Glasgow, when&nbsp;Charles, the late queen and his son William all addressed the event.

Both Downing Street and Buckingham Palace declined to comment on the report.

The newspaper said the episode was "likely to fuel tensions" between&nbsp;Charles&nbsp;and Truss, but cited a government source who claimed the audience had been "cordial" and there had "not been any row".

Meanwhile, a royal source told the paper: "It is no mystery that the&nbsp;King&nbsp;was invited to go there.&nbsp;&nbsp;He had to think very carefully about what steps to take for his first overseas tour, and he is not going to be attending COP(27)."

Under convention in Britain, all overseas official visits by members of the royal family are undertaken in accordance with advice from the government.

However, despite not attending in person, reports said the monarch still hopes to be able to contribute in some form to the conference.

King&nbsp;Charles&nbsp;III is a committed environmentalist with a long history of campaigning for better conservation, organic farming and tackling climate change.

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King Charles III will not travel to next month's COP27 climate summit in Egypt after UK Prime Minister Liz Truss "objected" to the avid environmentalist attending the meet, a report late Saturday said.

King Charles III will not travel to next month's COP27 climate summit in Egypt after UK Prime Minister Liz Truss "objected" to the avid environmentalist attending the meet, a report late Saturday said. Britain's new monarch, who assumed the throne when his mother Queen Elizabeth II died last month, had intended to deliver a speech at the November 6-18 gathering, the Sunday Times reported. But the plan has been axed after Truss -- who was appointed the Prime Minister by the late Queen just two days before she died -- opposed it during a personal audience with the new monarch at Buckingham Palace last month. The report comes amid speculation that Britain's new leader, already under fire over her economic plans that have sparked market turmoil, could controversially scale back the country's climate change commitments. Her newly assembled cabinet contains a number of ministers who have expressed scepticism about the so-called 2050 net zero goals, while Truss herself is seen as less enthusiastic about the policy than her predecessor Boris Johnson. The Sunday Times said Truss is unlikely to attend COP27 -- the 27th Conference of the Parties to the UN Framework Convention on Climate Change (UNFCCC) -- at the Egyptian resort of Sharm el-Sheikh. Britain hosted the last summit in the Scottish city Glasgow, when Charles, the late queen and his son William all addressed the event. Both Downing Street and Buckingham Palace declined to comment on the report. The newspaper said the episode was "likely to fuel tensions" between Charles and Truss, but cited a government source who claimed the audience had been "cordial" and there had "not been any row". Meanwhile, a royal source told the paper: "It is no mystery that the King was invited to go there. He had to think very carefully about what steps to take for his first overseas tour, and he is not going to be attending COP(27)." Under convention in Britain, all overseas official visits by members of the royal family are undertaken in accordance with advice from the government. However, despite not attending in person, reports said the monarch still hopes to be able to contribute in some form to the conference. King Charles III is a committed environmentalist with a long history of campaigning for better conservation, organic farming and tackling climate change. WATCH WION LIVE HERE:

King Charles III not to attend COP27 after 'objection' from PM Liz Truss: Report

It has been barely a month since Liz Truss took over the reins from Boris Johnson as the UK’s Prime Minister and it seems that she is already facing a major crisis in gaining faith of the people.

According to the Observer&nbsp;poll, the approval ratings of Truss and the Tories have plunged, and the Labour party has jumped to a 19-point lead. It polled 2,000 people online between September 28 and September 30.

The poll shows that 55 per cent of voters disapprove of PM Truss while only 18 per cent&nbsp;approve of her, which is lower than Boris Johnson when his premiership came to an end.

Her net approval rating fell from -9 to -37 within a week, as a result of the fallout of her government’s&nbsp;mini-budget, and Labour gaining popularity with voters across a range of issues.

Apart from Truss, Chancellor&nbsp;Kwasi Kwarteng’s approval ratings also plummeted massively, with 55 per pent disapproving and only 27 per cent approving of him, reports The Guardian.

Around 75 per cent of the voters surveyed said they believed that the government has lost control over the economic situation, while only 18 per cent said the government is doing well. Even 71 per cent of the Tory voters disapproved of the government’s handling of the economy.

The recent polls are reflective of the latest mini-budget announcement from the Conservative party government that caused massive economic shocks, including the pound falling to an all-time low against the dollar.

The Observer poll revealed that 61 per cent termed it a bad budget, while only 12 per cent approved it. Besides, 56 per cent of the 2019 Conservative voters also regarded it as bad.

“This is the worst poll result we have shown for a Conservative prime minister since the 2010 general election. Liz Truss has managed to hit the depths of the poor personal ratings of both Theresa May and&nbsp;Boris Johnson&nbsp;at the end of their tenure, within weeks of taking office and within days of her government’s first major action. While the PM’s own approval ratings have plummeted, she has also contributed to the Conservative government as a whole losing its political credibility and reputation for economic competence almost overnight. If Liz Truss can turn it around, all of us are waiting with bated breath to see how she can.”

(With inputs from agencies)

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It has been barely a month since Liz Truss took over the reins from Boris Johnson as the UK’s Prime Minister and it seems that she is already facing a major crisis in gaining faith of the people.

It has been barely a month since Liz Truss took over the reins from Boris Johnson as the UK’s Prime Minister and it seems that she is already facing a major crisis in gaining faith of the people. According to the Observer poll, the approval ratings of Truss and the Tories have plunged, and the Labour party has jumped to a 19-point lead. It polled 2,000 people online between September 28 and September 30. The poll shows that 55 per cent of voters disapprove of PM Truss while only 18 per cent approve of her, which is lower than Boris Johnson when his premiership came to an end. Her net approval rating fell from -9 to -37 within a week, as a result of the fallout of her government’s mini-budget, and Labour gaining popularity with voters across a range of issues. Apart from Truss, Chancellor Kwasi Kwarteng’s approval ratings also plummeted massively, with 55 per pent disapproving and only 27 per cent approving of him, reports The Guardian. Around 75 per cent of the voters surveyed said they believed that the government has lost control over the economic situation, while only 18 per cent said the government is doing well. Even 71 per cent of the Tory voters disapproved of the government’s handling of the economy. The recent polls are reflective of the latest mini-budget announcement from the Conservative party government that caused massive economic shocks, including the pound falling to an all-time low against the dollar. The Observer poll revealed that 61 per cent termed it a bad budget, while only 12 per cent approved it. Besides, 56 per cent of the 2019 Conservative voters also regarded it as bad. “This is the worst poll result we have shown for a Conservative prime minister since the 2010 general election. Liz Truss has managed to hit the depths of the poor personal ratings of both Theresa May and Boris Johnson at the end of their tenure, within weeks of taking office and within days of her government’s first major action. While the PM’s own approval ratings have plummeted, she has also contributed to the Conservative government as a whole losing its political credibility and reputation for economic competence almost overnight. If Liz Truss can turn it around, all of us are waiting with bated breath to see how she can.” (With inputs from agencies) WATCH WION LIVE HERE:

Liz Truss’ approval ratings plunge lower than Johnson's just before his ouster

UK PM Liz Truss has admitted that mini-budget caused disruption in the British economy. She said, not everyone will like what we are doing but the British economy will bounce back.

UK PM Liz Truss admits mini-budget caused disruption

UK PM Liz Truss has now broken silence on the mini budget that her government has unveiled. Truss has defended her decision to cut taxes. She said, "the tax cuts and energy support plan will get the economy moving and will deal with inflation."

UK PM Liz Truss defends tax cuts, mini budget

British Prime Minister Liz Truss has been in office for less than a month and is already facing a severe financial problem that has some Conservatives feeling mutinous as the party's annual convention approaches.

Following his stunning announcement of debt-fueled tax cuts on September 23, Chancellor of the Exchequer Kwasi Kwarteng is scheduled to address the four-day conference on Monday.

Truss then brings it to a close with the leader's Wednesday keynote address.

Her team will be hoping for a better performance than the odd outburst she delivered at the 2014 Tory conference in support of British food, which put markets and voters on edge.

After Queen Elizabeth II passed away on September 8 — only two days after electing Truss to succeed Boris Johnson as her 15th prime minister — the party was obliged to make a last-minute change to this year's schedule.

Also read |&nbsp;<a href="https://www.wionews.com/world/more-than-5000-ghost-flights-flew-to-or-from-the-uk-since-2019-report-520875">More than 5,000 ‘ghost flights’ flew to or from the UK since 2019: Report</a>

The opposition Labour party's annual conference, which was remarkably devoid of intramural conflict, ended with a self-assured declaration that it was prepared for power. The Conservatives meet in Birmingham shortly after that.

Keir Starmer, the leader of Labour, compared the acrimony surrounding what is being referred to in the media as the "KamiKwasi" budget to the sense of national unity brought about by the queen's passing.

Top-to-bottom tax cuts proposed by the administration, paid for by a borrowing binge, have alarmed financial markets, enraged the International Monetary Fund, and raised concerns with the Bank.

Most immediately for <a href="https://www.wionews.com/world/live-updates-global-recession-fears-china-debt-default-looms-520949">UK voters</a>, it is driving up costs including for home mortgages, as market interest rates surge in the middle of the worst cost-of-living crisis in generations.

<a href="https://www.wionews.com/world/conservative-mps-warn-uk-pm-liz-truss-to-fire-british-chancellor-kwasi-kwarteng-or-face-mutiny-520708">Truss and Kwarteng</a> are putting into practise free-market theories that have long been regarded as extremes in the discussion of policy among right-wing research tanks, even at fringe conferences for the Tories.

After charges that Johnson failed to take advantage of the potential "freedoms" of Brexit, they claim they are pushing through regulatory reforms made simpler by Britain's exit from the European Union.

Truss is currently the frontrunner and is also against turning.

She broke her days-long quiet on Thursday to declare that the course was determined after the pound fell to historic lows versus the dollar and the BoE was compelled to launch an emergency intervention to support vulnerable pension funds.

She said on BBC radio, "And of course, that involves making contentious and tough decisions, but I'm prepared to do that as prime minister.

(With inputs from agencies)

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British Prime Minister Liz Truss has been in office for less than a month and is already facing a severe financial problem that has some Conservatives feeling mutinous as the party's annual convention approaches.

British Prime Minister Liz Truss has been in office for less than a month and is already facing a severe financial problem that has some Conservatives feeling mutinous as the party's annual convention approaches. Following his stunning announcement of debt-fueled tax cuts on September 23, Chancellor of the Exchequer Kwasi Kwarteng is scheduled to address the four-day conference on Monday. Truss then brings it to a close with the leader's Wednesday keynote address. Her team will be hoping for a better performance than the odd outburst she delivered at the 2014 Tory conference in support of British food, which put markets and voters on edge. After Queen Elizabeth II passed away on September 8 — only two days after electing Truss to succeed Boris Johnson as her 15th prime minister — the party was obliged to make a last-minute change to this year's schedule. Also read | More than 5,000 ‘ghost flights’ flew to or from the UK since 2019: Report The opposition Labour party's annual conference, which was remarkably devoid of intramural conflict, ended with a self-assured declaration that it was prepared for power. The Conservatives meet in Birmingham shortly after that. Keir Starmer, the leader of Labour, compared the acrimony surrounding what is being referred to in the media as the "KamiKwasi" budget to the sense of national unity brought about by the queen's passing. Top-to-bottom tax cuts proposed by the administration, paid for by a borrowing binge, have alarmed financial markets, enraged the International Monetary Fund, and raised concerns with the Bank. Most immediately for UK voters, it is driving up costs including for home mortgages, as market interest rates surge in the middle of the worst cost-of-living crisis in generations. Truss and Kwarteng are putting into practise free-market theories that have long been regarded as extremes in the discussion of policy among right-wing research tanks, even at fringe conferences for the Tories. After charges that Johnson failed to take advantage of the potential "freedoms" of Brexit, they claim they are pushing through regulatory reforms made simpler by Britain's exit from the European Union. Truss is currently the frontrunner and is also against turning. She broke her days-long quiet on Thursday to declare that the course was determined after the pound fell to historic lows versus the dollar and the BoE was compelled to launch an emergency intervention to support vulnerable pension funds. She said on BBC radio, "And of course, that involves making contentious and tough decisions, but I'm prepared to do that as prime minister. (With inputs from agencies) WATCH WION LIVE HERE:

UK: Truss to hold emergency talks with fiscal watchdog as poll puts Labour 33 points ahead

The Bank of England is in crisis mode. It has decided to buy government bonds to stabilise the UK's financial system. But UK PM Liz Truss has refused to change course. Priyanka Sharma tells you more.

Gravitas: Trussonomics gets a thumbs down

According to a YouGov poll, United Kingdom's Labour have surged to a 33-point lead over the ruling Conservatives, the largest lead any party has enjoyed since the late 1990s.

YouGov poll: UK's Labour has 33-points lead over ruling Conservatives

As the United Kingdom government steps up efforts to scrap EU laws after Brexit, wildlife groups and activists have criticised its plans to do away with legislation governing pesticide use.

The government has recently announced plans to repeal 570 environmental laws being carried over from Britain's time in the European Union.

Also read |&nbsp;<a href="https://www.wionews.com/world/uk-treasury-justifies-latest-economic-measures-after-sharp-criticism-from-imf-520494" hreflang="en">UK Treasury justifies latest economic measures after sharp criticism from IMF</a>

Vowing that it would not stand by and let this happen, the Royal Society for the Protection of Birds (RSPB) called PM Liz Truss's government's&nbsp;plans an "unprecedented attack on nature".

The society also introduced an application on its website that automatically emails MPs to demand that the protections be retained. It has already attracted more than 68,000 users.

Also read |&nbsp;<a href="https://www.wionews.com/world/as-pound-slips-bank-of-england-steps-into-buy-bonds-and-restore-parity-520510" hreflang="en">As pound slips, Bank of England steps in to buy bonds and restore parity</a>

Ranil Jayawardena, the minister of the environment, responded to the criticism by claiming&nbsp;on Twitter that the assertions are "simply untrue."

"We're introducing new schemes that will support our farmers to produce high quality food and support them in enhancing our natural environment."

"Last year we passed our world-leading Environment Act. We are committed to halting the decline of nature by 2030 and will not undermine our obligations to the environment in pursuit of growth," he added.

Watch |&nbsp;Bank of England steps in to calm markets with emergency bond

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"The government wants de-regulation that will lead to yet more poo in rivers, less wildlife and land that's unable to adapt to climate change," said Craig Bennett, the chief executive officer of the Wildlife Trusts of 46 independent conservation charities, adding that people were "furious at the new threats".

Steve Backshall, a well-known wildlife television host,&nbsp;on Wednesday, cautioned that repealing pesticide regulations might have a fatal impact on bee populations and cause river pollution.

The 5.7 million-member National Trust heritage organisation also reacted angrily. Its director-general Hilary McGrady remarked that rather than stepping up efforts to assist the environment the government appears to be "heading in the opposite direction".

(With inputs from agencies)

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As the United Kingdom government steps up efforts to scrap EU laws after Brexit, wildlife groups and activists have criticised its plans to do away with legislation governing pesticide use.

As the United Kingdom government steps up efforts to scrap EU laws after Brexit, wildlife groups and activists have criticised its plans to do away with legislation governing pesticide use. The government has recently announced plans to repeal 570 environmental laws being carried over from Britain's time in the European Union. Also read | UK Treasury justifies latest economic measures after sharp criticism from IMF Vowing that it would not stand by and let this happen, the Royal Society for the Protection of Birds (RSPB) called PM Liz Truss's government's plans an "unprecedented attack on nature". The society also introduced an application on its website that automatically emails MPs to demand that the protections be retained. It has already attracted more than 68,000 users. Also read | As pound slips, Bank of England steps in to buy bonds and restore parity Ranil Jayawardena, the minister of the environment, responded to the criticism by claiming on Twitter that the assertions are "simply untrue." "We're introducing new schemes that will support our farmers to produce high quality food and support them in enhancing our natural environment." "Last year we passed our world-leading Environment Act. We are committed to halting the decline of nature by 2030 and will not undermine our obligations to the environment in pursuit of growth," he added. Watch | Bank of England steps in to calm markets with emergency bond "The government wants de-regulation that will lead to yet more poo in rivers, less wildlife and land that's unable to adapt to climate change," said Craig Bennett, the chief executive officer of the Wildlife Trusts of 46 independent conservation charities, adding that people were "furious at the new threats". Steve Backshall, a well-known wildlife television host, on Wednesday, cautioned that repealing pesticide regulations might have a fatal impact on bee populations and cause river pollution. The 5.7 million-member National Trust heritage organisation also reacted angrily. Its director-general Hilary McGrady remarked that rather than stepping up efforts to assist the environment the government appears to be "heading in the opposite direction". (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Liz Truss' government slammed for plans to scrap pesticide law after Brexit

After the Bank of England's intervention in addressing the instability in the financial markets, the new Prime Minister, Truss, is under immense pressure from Conservative MPs to fire Kwasi Kwarteng immediately or face a mutiny.

Tory MPs expressed shock at how the pound fell drastically at a time when houses in the country were already having a hard time keeping up with living expenses after the government's mini-budget caused market turmoil.&nbsp;

<a href="https://www.wionews.com/world/liz-truss-and-kwasi-kwarteng-argue-over-response-on-uk-economic-crisis-report-520396">Also read |&nbsp;Liz Truss and Kwasi Kwarteng argue over response to UK economic crisis: Report</a>

They asked the prime minister to change her mind to scrap the top 45p tax rate, which they claimed had received backlash in the constituencies and claimed that Kwasi would have to resign for the party to survive the financial crisis.

In conversation with The Guardian, a spokesperson said that the prime minister and chancellor are working on supply-side measures required to strengthen the economy.&nbsp;

Both Truss and Kwarteng didn't make any comments on this. However, Andrew Griffith, the Treasury's financial secretary, in conversation with Sky News, said that all major economies are going through the same volatility as the UK as a result of Russia's invasion of Ukraine.&nbsp;

Watch |&nbsp;UK PM Liz Truss plans to cut down stamp duty in mini-budget, focus on reviving British economy

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As a result of this mini-budget, there was rising dissatisfaction among the conservatives. MPs demanded reforms from the government.&nbsp;

Some MPs said that the financial package had been a disaster and that the party could only be revived to balance with the cancellation of Friday's mini-budget and the removal of the chancellor, while some claimed that the damage had already been done.&nbsp;

One MP stated that Kwasi has to leave, while others said that the markets have absolutely lost their faith in the UK government.&nbsp;

<a href="https://www.wionews.com/world/organisations-slam-liz-truss-government-for-plans-to-scrap-pesticide-law-after-brexit-520650">Also read |&nbsp;Liz Truss' government slammed for plans to scrap pesticide law after Brexit</a>

A former minister said that Kwasi should be removed, but Truss could not escape her responsibility.

The MPs demanded that the situation be difficult to handle and urged the prime minister to replace her chancellor and reassign Treasury's management to someone with more experience.

(With inputs from agencies)

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After the Bank of England's intervention in addressing the instability in the financial markets, the new Prime Minister, Truss, is under immense pressure from Conservative MPs to fire Kwasi Kwarteng immediately or face a mutiny.

After the Bank of England's intervention in addressing the instability in the financial markets, the new Prime Minister, Truss, is under immense pressure from Conservative MPs to fire Kwasi Kwarteng immediately or face a mutiny. Tory MPs expressed shock at how the pound fell drastically at a time when houses in the country were already having a hard time keeping up with living expenses after the government's mini-budget caused market turmoil. Also read | Liz Truss and Kwasi Kwarteng argue over response to UK economic crisis: Report They asked the prime minister to change her mind to scrap the top 45p tax rate, which they claimed had received backlash in the constituencies and claimed that Kwasi would have to resign for the party to survive the financial crisis. In conversation with The Guardian, a spokesperson said that the prime minister and chancellor are working on supply-side measures required to strengthen the economy. Both Truss and Kwarteng didn't make any comments on this. However, Andrew Griffith, the Treasury's financial secretary, in conversation with Sky News, said that all major economies are going through the same volatility as the UK as a result of Russia's invasion of Ukraine. Watch | UK PM Liz Truss plans to cut down stamp duty in mini-budget, focus on reviving British economy As a result of this mini-budget, there was rising dissatisfaction among the conservatives. MPs demanded reforms from the government. Some MPs said that the financial package had been a disaster and that the party could only be revived to balance with the cancellation of Friday's mini-budget and the removal of the chancellor, while some claimed that the damage had already been done. One MP stated that Kwasi has to leave, while others said that the markets have absolutely lost their faith in the UK government. Also read | Liz Truss' government slammed for plans to scrap pesticide law after Brexit A former minister said that Kwasi should be removed, but Truss could not escape her responsibility. The MPs demanded that the situation be difficult to handle and urged the prime minister to replace her chancellor and reassign Treasury's management to someone with more experience. (With inputs from agencies) WATCH WION LIVE HERE

Conservative MPs warn UK PM Liz Truss to fire British Chancellor Kwasi Kwarteng or face mutiny

As the pound continues to hit an all-time low against dollar, the Bank of England (BOE) on Wednesday announced that it will be temporarily buying bonds to calm the jangling nerves of the market.

As the pound continues to hit an all-time low against dollar, the Bank of England (BOE) on Wednesday announced that it will be temporarily buying bonds to calm the jangling nerves of the market. "The Bank will carry out temporary purchases of long-dated UK government bonds from 28 September. The purpose of these purchases will be to restore orderly market conditions," said the BOE in a statement. Reportedly, the auction for the selling of bonds will take place from today till October 14 and will be halted when "risks to market functioning are judged to have subsided." "The purchases will be carried out on whatever scale is necessary to effect this outcome. The operation will be fully indemnified by HM Treasury," it further added. As reported by WION, the tax cuts announced in the mini-budget by British finance minister Kwasi Kwarteng have resulted in the pound slipping to its lowest mark of $1.0327 against the dollar, for the first time since 1971. Read more: Pound hits all-time low against dollar as Liz Truss' tax cuts come under pressure The announcements made by Kwarteng included a number of tax cuts along with reliefs for homeowners and people looking for loans. However, Bloomberg reported that the UK current account deficit has also widened to a record level which has affected the pound negatively. While the pound takes a beating, the BOE, in the aftermath of Queen Elizabeth II's demise has also announced a partial 'demonetisation'. Reportedly, by September 30, about £6 billion in old £50 notes and more than £5 billion in old £20 notes will no longer be recognised by UK businesses. The paper notes will be replaced by polymer £20 and £50 notes which have been in circulation for more than two years (since February 2020). Read more: Start of new era: King Charles III to appear on banknotes by mid-2024, confirms Bank of England Moreover, with the winter fast approaching and the UK, akin to the rest of Europe scrambling to fill its energy reserves, the price of utilities is expected to skyrocket, which could trigger inflation to record levels, stressing the pound further. (With inputs from agencies) WATCH WION LIVE HERE:

As pound slips, Bank of England steps in to buy bonds and restore parity

It has been a tough week for newly elected British Prime Minister Liz Truss as her economic policies have come under severe criticism. Following up on campaign promises, finance minister Kwasi Kwarteng announced massive tax cuts in the mini-budget earlier this week but that was followed by the pound reaching an all-time low against the US dollar and the country facing a more acute economic crisis.&nbsp;

Also read |&nbsp;<a href="https://www.wionews.com/world/nord-stream-leaks-european-leaders-launch-investigation-into-sabotage-520391">Nord Stream leaks: European leaders launch investigation into 'sabotage'</a>

According to The Guardian, things are only getting worse as sources claimed that Truss and Kwarteng had a major argument on how to respond to the current situation. Sources in the civil service claimed that all was not well between the two leaders and later, Sky News said that Truss decided to not go with Kwarteng’s suggestion of making an official Treasury statement in an attempt to reassure the markets.&nbsp;

Downing Street has completely dismissed the reports by calling them “nonsense”. The official statement stated that Truss meets Kwarteng every day and there is no rift between them.&nbsp;

Also read |&nbsp;<a href="https://www.wionews.com/world/kremlin-announces-huge-majorities-have-voted-in-favour-of-joining-russia-520387" hreflang="en">Kremlin announces huge majorities have voted in favour of joining Russia</a>

Both Truss and Kwarteng have been working together for quite some time now and they expanded on their economic vision in a book called&nbsp;“Britannia Unchained” which was released in 2012. The tax cuts were also planned by both leaders but the reactions to them have left them in a tough position.&nbsp;

In the aftermath of the announcements, the pound lost almost five per cent to reach $1.0327 – the lowest since 1971. However, Kwarteng played down the impact by saying that the government was concentrating on long-term gains rather than short-term goals.&nbsp;

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It has been a tough week for newly elected British Prime Minister Liz Truss as her economic policies have come under severe criticism. Following up on campaign promises, finance minister Kwasi Kwarteng announced massive tax cuts in the mini-budget earlier this week but that was followed by the pound reaching an all-time low against the US dollar and the country facing a more acute economic crisis.

It has been a tough week for newly elected British Prime Minister Liz Truss as her economic policies have come under severe criticism. Following up on campaign promises, finance minister Kwasi Kwarteng announced massive tax cuts in the mini-budget earlier this week but that was followed by the pound reaching an all-time low against the US dollar and the country facing a more acute economic crisis. Also read | Nord Stream leaks: European leaders launch investigation into 'sabotage' According to The Guardian, things are only getting worse as sources claimed that Truss and Kwarteng had a major argument on how to respond to the current situation. Sources in the civil service claimed that all was not well between the two leaders and later, Sky News said that Truss decided to not go with Kwarteng’s suggestion of making an official Treasury statement in an attempt to reassure the markets. Downing Street has completely dismissed the reports by calling them “nonsense”. The official statement stated that Truss meets Kwarteng every day and there is no rift between them. Also read | Kremlin announces huge majorities have voted in favour of joining Russia Both Truss and Kwarteng have been working together for quite some time now and they expanded on their economic vision in a book called “Britannia Unchained” which was released in 2012. The tax cuts were also planned by both leaders but the reactions to them have left them in a tough position. In the aftermath of the announcements, the pound lost almost five per cent to reach $1.0327 – the lowest since 1971. However, Kwarteng played down the impact by saying that the government was concentrating on long-term gains rather than short-term goals.

Liz Truss and Kwasi Kwarteng argue over response to UK economic crisis: Report

Just 22 women leaders addressed the United Nations General Assembly's General Debate this year out of 193 world leaders who spoke at the famous Green Podium. The figure reflects a poor representation of women in leadership positions globally and in international politics. The number of male world leaders stood at 171, almost 8 times the number of women leaders at the seventy-seventh session of the assembly.

A breakup, as collated by WION, gives out more shocking numbers. Just four&nbsp;women presidents, five&nbsp;at the prime ministers&nbsp;level, one at the vice president level, eight&nbsp;at the foreign ministers' level, one at the minister of state for foreign minister level and three&nbsp;at the ambassadors' level spoke. The&nbsp;maximum number of women leaders were from the European continent at seven, followed by Africa at four, Asia at four&nbsp;(one each from ASEAN, Indian subcontinent, West Asia, Central Asia regions), Pacific/Oceania at three, American continent at two&nbsp;and&nbsp;one each from Australia and Caribbean. UAE's representative was the only Arab woman present during this year's addresses, and the same stands true for Bangladesh PM Hasina is the only women leader from the Indian subcontinent.

Also read |&nbsp;<a href="https://www.wionews.com/india-news/current-un-structure-is-ineffective-mea-s-jaishankar-at-the-unga-assembly-519413" hreflang="en">'Current UN structure is ineffective', says Indian foreign minister at UNGA</a>

The women leaders who spoke at UNGA this year were, Slovakia's President Zuzana Čaputová, Honduras's President Iris Xiomara Castro Sarmiento, Moldova's President Maia Sandu, Hungary's President Katalin Novák, Uganda Vice President Jessica Alupo, UK PM Elizabeth Truss, Barbados PM Mia Amor Mottley, New Zealand PM Jacinda Ardern, Bangladesh PM Sheikh Hasina, Samoa PM Fiame Naomi Mataafa, South Africa's Foreign minister Naledi Pandor, Australia FM Penny Wong, Liechtenstein FM Dominique Hasler, Chad FM Awatif Altidjani Ahmed Koiboro, Sweden FM Ann Christin Linde, Iceland FM Thórdís Kolbrún Reykfjörd Gylfadóttir, Indonesia's FM Retno Lestari Priansari Marsudi, Canada FM Mélanie Joly, UAE's Minister of State for foreign affairs Reem Ebrahim Al Hashimy, Turkmenistan Permanent Representative to the UN Aksoltan Ataeva, Angola's envoy to UN Maria de Jesus dos Reis Ferreira and&nbsp;Nauru's envoy to UN Josie Ann Dongobir.&nbsp;

Interestingly, the youngest leader to speak at the General Assembly this year was a woman--Iceland's foreign minister Gylfadóttir, who is 34 years old (4 November 1987). The second&nbsp;youngest leader to speak at the assembly was Chile's president at 36 years of age (February 11, 1986), followed by Montenegro's PM at 36 years of age (December 25 1986). The average age of women leaders at the green podium stood at 52.3, with the oldest women leader to make an address this year being Bangladesh PM Hasina who is 74 years old.&nbsp;

Among women leaders, the longest speech was made by Samoa's PM at 39.09 minutes which was the second longest speech overall, the first being of Palestine's President Mahmoud Abbas who spoke for 48.21 Minutes. &nbsp;All in All, 77 Presidents, 46 PMS, 51 Foreign ministers, seven&nbsp;Ambassadors, four&nbsp;vice presidents, two&nbsp;kings, one prince, one Amir, one foreign secretary, one chancellor, one minister of state for foreign affairs and one Pope's representative (Secretary of State-Cardinal Pietro Parolin) addressed the gathering. Guinea-Bissau's President Úmaro Sissoco Embaló made the shortest speech at 8.24 minutes. 
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Just 22 women leaders addressed the United Nations General Assembly's General Debate this year out of 193 world leaders who spoke at the famous Green Podium. The figure reflects a poor representation of women in leadership positions globally and in international politics.

Just 22 women leaders addressed the United Nations General Assembly's General Debate this year out of 193 world leaders who spoke at the famous Green Podium. The figure reflects a poor representation of women in leadership positions globally and in international politics. The number of male world leaders stood at 171, almost 8 times the number of women leaders at the seventy-seventh session of the assembly. A breakup, as collated by WION, gives out more shocking numbers. Just four women presidents, five at the prime ministers level, one at the vice president level, eight at the foreign ministers' level, one at the minister of state for foreign minister level and three at the ambassadors' level spoke. The maximum number of women leaders were from the European continent at seven, followed by Africa at four, Asia at four (one each from ASEAN, Indian subcontinent, West Asia, Central Asia regions), Pacific/Oceania at three, American continent at two and one each from Australia and Caribbean. UAE's representative was the only Arab woman present during this year's addresses, and the same stands true for Bangladesh PM Hasina is the only women leader from the Indian subcontinent. Also read | 'Current UN structure is ineffective', says Indian foreign minister at UNGA The women leaders who spoke at UNGA this year were, Slovakia's President Zuzana Čaputová, Honduras's President Iris Xiomara Castro Sarmiento, Moldova's President Maia Sandu, Hungary's President Katalin Novák, Uganda Vice President Jessica Alupo, UK PM Elizabeth Truss, Barbados PM Mia Amor Mottley, New Zealand PM Jacinda Ardern, Bangladesh PM Sheikh Hasina, Samoa PM Fiame Naomi Mataafa, South Africa's Foreign minister Naledi Pandor, Australia FM Penny Wong, Liechtenstein FM Dominique Hasler, Chad FM Awatif Altidjani Ahmed Koiboro, Sweden FM Ann Christin Linde, Iceland FM Thórdís Kolbrún Reykfjörd Gylfadóttir, Indonesia's FM Retno Lestari Priansari Marsudi, Canada FM Mélanie Joly, UAE's Minister of State for foreign affairs Reem Ebrahim Al Hashimy, Turkmenistan Permanent Representative to the UN Aksoltan Ataeva, Angola's envoy to UN Maria de Jesus dos Reis Ferreira and Nauru's envoy to UN Josie Ann Dongobir. Interestingly, the youngest leader to speak at the General Assembly this year was a woman--Iceland's foreign minister Gylfadóttir, who is 34 years old (4 November 1987). The second youngest leader to speak at the assembly was Chile's president at 36 years of age (February 11, 1986), followed by Montenegro's PM at 36 years of age (December 25 1986). The average age of women leaders at the green podium stood at 52.3, with the oldest women leader to make an address this year being Bangladesh PM Hasina who is 74 years old. Among women leaders, the longest speech was made by Samoa's PM at 39.09 minutes which was the second longest speech overall, the first being of Palestine's President Mahmoud Abbas who spoke for 48.21 Minutes. All in All, 77 Presidents, 46 PMS, 51 Foreign ministers, seven Ambassadors, four vice presidents, two kings, one prince, one Amir, one foreign secretary, one chancellor, one minister of state for foreign affairs and one Pope's representative (Secretary of State-Cardinal Pietro Parolin) addressed the gathering. Guinea-Bissau's President Úmaro Sissoco Embaló made the shortest speech at 8.24 minutes. Watch WION's live TV here: ×

UNGA 2022: Out of the 193 world leaders who made speeches, only 22 were women

The tax cuts announced in the mini budget by British finance minister Kwasi Kwarteng came under a lot of criticism as the pound hit an all-time low against the dollar. In the aftermath of the announcements, the currency lost almost five per cent to reach $1.0327 – the lowest since 1971.

A similar trend was seen when it comes to the Euro which is also experienced its lowest value in 20 years due to the ongoing Russia-Ukraine crisis and the COVID-19 pandemic.

"The poor situation in the UK exacerbates support for the USD, (which) can track higher again this week," Joseph Capurso of Commonwealth Bank of Australia told Reuters.

Also read |&nbsp;<a href="https://www.wionews.com/world/who-is-giorgia-meloni-italys-far-right-leader-tipped-to-become-first-female-prime-minister-500815">Who is Giorgia Meloni? Italy’s far-right leader to become first female PM</a>

"If a sense of crisis about the world economy were to emerge, the USD could jump significantly."

The announcements made by Kwarteng included a number of tax cuts along with reliefs for homeowners and people looking for loans. However, Bloomberg reported that the UK current account deficit has also widened to a record level which has is affected the pound negatively.

Kwarteng has played down the impact that his policies had on the pound and said that the government is looking to boost the economy in the long run and not just targeting short run gains.

Also read |&nbsp;<a href="https://www.wionews.com/world/iran-iranians-continue-to-protest-for-the-10th-consecutive-night-violating-judiciarys-warning-519612" hreflang="en">Iranians continue to protest for the 10th consecutive night, violating judiciary's warning</a>

“As chancellor of the exchequer, I don’t comment on market movements. What I am focused on is growing the economy and making sure that Britain is an attractive place to invest,” he said at BBC One’s Sunday with Laura Kuenssberg.

Kwarteng added that Prime Minister Liz Truss may introduce even more tax cuts in the recent past.

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The tax cuts announced in the mini budget by British finance minister Kwasi Kwarteng came under a lot of criticism as the pound hit an all-time low against the dollar.

The tax cuts announced in the mini budget by British finance minister Kwasi Kwarteng came under a lot of criticism as the pound hit an all-time low against the dollar. In the aftermath of the announcements, the currency lost almost five per cent to reach $1.0327 – the lowest since 1971. A similar trend was seen when it comes to the Euro which is also experienced its lowest value in 20 years due to the ongoing Russia-Ukraine crisis and the COVID-19 pandemic. "The poor situation in the UK exacerbates support for the USD, (which) can track higher again this week," Joseph Capurso of Commonwealth Bank of Australia told Reuters. Also read | Who is Giorgia Meloni? Italy’s far-right leader to become first female PM "If a sense of crisis about the world economy were to emerge, the USD could jump significantly." The announcements made by Kwarteng included a number of tax cuts along with reliefs for homeowners and people looking for loans. However, Bloomberg reported that the UK current account deficit has also widened to a record level which has is affected the pound negatively. Kwarteng has played down the impact that his policies had on the pound and said that the government is looking to boost the economy in the long run and not just targeting short run gains. Also read | Iranians continue to protest for the 10th consecutive night, violating judiciary's warning “As chancellor of the exchequer, I don’t comment on market movements. What I am focused on is growing the economy and making sure that Britain is an attractive place to invest,” he said at BBC One’s Sunday with Laura Kuenssberg. Kwarteng added that Prime Minister Liz Truss may introduce even more tax cuts in the recent past.

Pound hits all-time low against dollar as Liz Truss' tax cuts come under pressure

From Liz Truss to Sanna Marin: Women in power across Europe

In an economic agenda that floored financial markets, Britain's new finance minister Kwasi Kwarteng unleashed historic tax cuts and huge increases in borrowing on Friday.

Putting a price tag on the spending plans of Prime Minister Liz Truss, Kwarteng scrapped the country's top rate of income tax.

With two-year gilts on track for their biggest one-day fall since at least 2009, investors unloaded short-dated British government bonds as fast as they could.

According to Kwarteng, support for household energy bills announced by Truss will cost 60 billion pounds for the next six months.

While Britain raised its debt issuance plans for the current financial year by 72.4 billion pounds ($81 billion), tax cuts would cost a further 45 billion pounds.

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Highlighting that the British government's plan is to expand the supply side of the economy through tax incentives and reform, Kwarteng said ''we will turn the vicious cycle of stagnation into a virtuous cycle of growth.''

Calling the plans a "desperate gamble," the opposition Labour Party said the tax cuts were the largest since the budget of 1972.

Sparking public finance concerns and mounting fear of recession, the&nbsp;British pound tumbled Friday to a 37-year low under $1.10.

At a time when it is battling inflation near a 40-year high, Truss's energy price cap would limit inflation in the short term but that government stimulus was likely to boost inflation pressures further out, according to the Bank of England.

Financial experts believe that some investors are also wary about Truss's willingness to borrow big to fund growth as the pound performing worse against the dollar than almost any other major currency.

(With inputs from agencies)

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In an economic agenda that floored financial markets, Britain's new finance minister Kwasi Kwarteng unleashed historic tax cuts and huge increases in borrowing on Friday.

In an economic agenda that floored financial markets, Britain's new finance minister Kwasi Kwarteng unleashed historic tax cuts and huge increases in borrowing on Friday. Putting a price tag on the spending plans of Prime Minister Liz Truss, Kwarteng scrapped the country's top rate of income tax. With two-year gilts on track for their biggest one-day fall since at least 2009, investors unloaded short-dated British government bonds as fast as they could. According to Kwarteng, support for household energy bills announced by Truss will cost 60 billion pounds for the next six months. While Britain raised its debt issuance plans for the current financial year by 72.4 billion pounds ($81 billion), tax cuts would cost a further 45 billion pounds. × Highlighting that the British government's plan is to expand the supply side of the economy through tax incentives and reform, Kwarteng said ''we will turn the vicious cycle of stagnation into a virtuous cycle of growth.'' Calling the plans a "desperate gamble," the opposition Labour Party said the tax cuts were the largest since the budget of 1972. Sparking public finance concerns and mounting fear of recession, the British pound tumbled Friday to a 37-year low under $1.10. At a time when it is battling inflation near a 40-year high, Truss's energy price cap would limit inflation in the short term but that government stimulus was likely to boost inflation pressures further out, according to the Bank of England. Financial experts believe that some investors are also wary about Truss's willingness to borrow big to fund growth as the pound performing worse against the dollar than almost any other major currency. (With inputs from agencies) Watch WION's live TV here: ×

Britain's new finance minister unleashes historic tax cuts, huge increases in borrowing

The UK chancellor outlines the mini budget in the UK House of Commons, unveiling the budget that pledged to turn the cycle of economic stagnation into a cycle of growth.

UK PM Liz Truss plans to cut down stamp duty in mini-budget, focus on reviving British economy

UK Prime Minister Liz Truss says that economic strength in democracies could help push back authoritarianism. In her first major international speech as PM at the United Nations General Assembly, she also defended her plans for economic reform.

'Economic strength in democracies can help counter authoritarianism,' says Liz Truss in UNGA speech

Britain on Wednesday launched a six-month plan starting in October to pay about half of energy bills for businesses, as Prime Minister&nbsp;Liz&nbsp;Truss&nbsp;seeks to stop companies going under as a result of rocketing prices.

The news precedes a mini-budget Friday when finance minister Kwasi Kwarteng is expected to unveil tax cuts to help a nation struggling with decades-high inflation.

Wholesale electricity and gas prices for businesses -- except the energy sector -- as well as charities, hospitals and schools will be capped at half the expected cost on the open market, the government said in a statement.

The announcement comes after&nbsp;Truss&nbsp;launched plans for a two-year household energy price freeze which also starts next month.

"We have stepped in to stop businesses collapsing, protect jobs and limit inflation," Kwarteng said Wednesday.

The chancellor of the exchequer will Friday set out the overall cost of both energy freeze schemes.

His budget will seek to boost economic growth amid forecasts that Britain will this year sink into recession on sky-high energy bills fuelled by the invasion of Ukraine by major oil and gas producer Russia.

'Eases worries'&nbsp;

The Confederation of British Industry (CBI) welcomed Wednesday's announcement.&nbsp;

"The package will ease worries about otherwise viable businesses shutting-up shop," said Matthew Fell, chief policy director at the lobby group.

The CBI meanwhile urged a long-term energy solution to increase Britain's supplies while ramping up efficiency measures to lower demand.

Truss&nbsp;took office on September 6, two days before the death of Queen Elizabeth II, after winning an election of Conservative party members on a tax-cutting platform.

She is committed to scrapping planned tax hikes on both company profits and salaries that predecessor Boris Johnson signed off upon.

Media reports suggest that the government will also scrap an EU limit on bankers' bonuses following Brexit.

On the London stock market, homebuilders saw their shares rebound on speculation that&nbsp;Truss&nbsp;could cut tax levied on purchases of residential properties.

Trickle-down economics&nbsp;

The tax-cutting plans like those proposed by&nbsp;Truss&nbsp;have come in for criticism from US President Joe Biden, who spoke out against the policy of "trickle-down economics" favoured by the Democrat's Republican opponents.

The approach hinges on hopes that policies which immediately boost the wealthy will trickle down the economy to reach the less well-off.

"I am sick and tired of trickle-down economics. It has never worked," Biden had tweeted on Tuesday.

Speaking ahead of Biden's tweet,&nbsp;Truss&nbsp;addressed this point.

"I don't accept this argument that cutting taxes is somehow unfair," she told Sky News earlier this week.

"What we know is people on higher incomes generally pay more tax.&nbsp;

"So when you reduce taxes, there is often a disproportionate benefit because those people are paying more taxes in the first place," she added.

The two leaders meet Wednesday at the UN in New York.

A day later, the Bank of England is expected to once more ramp up its main interest rate in a bid to dampen sky-high inflation.&nbsp;

Economists warn that the UK's cost-of-living measures will ravage public finances already reeling from pandemic expenditure.

Analysts from British bank Barclays estimate the cost of the government's total spending could hit £235 billion ($267 billion).

While official data Wednesday showed British public borrowing improved in August, it is expected to surge as the government funds the planned tax cuts.

Public sector net borrowing, the state's preferred measure of the deficit, hit £11.8 billion last month, the Office for National Statistics said.

That was down from £14.4 billion a year earlier but was far more than its pre-pandemic 2019 level of £5.3 billion.&nbsp;

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Britain on Wednesday launched a six-month plan starting in October to pay about half of energy bills for businesses, as Prime Minister Liz Truss seeks to stop companies going under as a result of rocketing prices.

Britain on Wednesday launched a six-month plan starting in October to pay about half of energy bills for businesses, as Prime Minister Liz Truss seeks to stop companies going under as a result of rocketing prices. The news precedes a mini-budget Friday when finance minister Kwasi Kwarteng is expected to unveil tax cuts to help a nation struggling with decades-high inflation. Wholesale electricity and gas prices for businesses -- except the energy sector -- as well as charities, hospitals and schools will be capped at half the expected cost on the open market, the government said in a statement. The announcement comes after Truss launched plans for a two-year household energy price freeze which also starts next month. "We have stepped in to stop businesses collapsing, protect jobs and limit inflation," Kwarteng said Wednesday. The chancellor of the exchequer will Friday set out the overall cost of both energy freeze schemes. His budget will seek to boost economic growth amid forecasts that Britain will this year sink into recession on sky-high energy bills fuelled by the invasion of Ukraine by major oil and gas producer Russia. 'Eases worries' The Confederation of British Industry (CBI) welcomed Wednesday's announcement. "The package will ease worries about otherwise viable businesses shutting-up shop," said Matthew Fell, chief policy director at the lobby group. The CBI meanwhile urged a long-term energy solution to increase Britain's supplies while ramping up efficiency measures to lower demand. Truss took office on September 6, two days before the death of Queen Elizabeth II, after winning an election of Conservative party members on a tax-cutting platform. She is committed to scrapping planned tax hikes on both company profits and salaries that predecessor Boris Johnson signed off upon. Media reports suggest that the government will also scrap an EU limit on bankers' bonuses following Brexit. On the London stock market, homebuilders saw their shares rebound on speculation that Truss could cut tax levied on purchases of residential properties. Trickle-down economics The tax-cutting plans like those proposed by Truss have come in for criticism from US President Joe Biden, who spoke out against the policy of "trickle-down economics" favoured by the Democrat's Republican opponents. The approach hinges on hopes that policies which immediately boost the wealthy will trickle down the economy to reach the less well-off. "I am sick and tired of trickle-down economics. It has never worked," Biden had tweeted on Tuesday. Speaking ahead of Biden's tweet, Truss addressed this point. "I don't accept this argument that cutting taxes is somehow unfair," she told Sky News earlier this week. "What we know is people on higher incomes generally pay more tax. "So when you reduce taxes, there is often a disproportionate benefit because those people are paying more taxes in the first place," she added. The two leaders meet Wednesday at the UN in New York. A day later, the Bank of England is expected to once more ramp up its main interest rate in a bid to dampen sky-high inflation. Economists warn that the UK's cost-of-living measures will ravage public finances already reeling from pandemic expenditure. Analysts from British bank Barclays estimate the cost of the government's total spending could hit £235 billion ($267 billion). While official data Wednesday showed British public borrowing improved in August, it is expected to surge as the government funds the planned tax cuts. Public sector net borrowing, the state's preferred measure of the deficit, hit £11.8 billion last month, the Office for National Statistics said. That was down from £14.4 billion a year earlier but was far more than its pre-pandemic 2019 level of £5.3 billion. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

UK govt to pay half of winter energy bills incurred by businesses

Trump's lawyers have resisted clarifying their stance on whether any documents seized at his residence were declassified at any point. In other news, Kyiv's western allies denounced the referendums that Russia had announced in Ukraine's four regions. Meanwhile, Liz Truss and Fumio Kishida, during their recent meeting, resolved to work together to tackle the strategic threat posed by China. Finally, mega Hollywood star Angelina Jolie arrived in Pakistan on Tuesday (September 20) to support people affected by the devastating floods.

Click on the headlines to read more:&nbsp;

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<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/05/12/261644-dt.jpg" />

Judge Raymond Dearie – the special master in charge of reviewing the materials seized by the FBI during their raid on the Mar-a-Lago residence of former United States President Donald Trump – has asked Trump’s lawyers to make it clear if the documents were declassified at any point.

<a href="https://www.wionews.com/world/ukraines-western-allies-condemn-russian-referendum-plans-for-occupied-regions-518218">Ukraine's Western allies condemn Russian referendum plans for occupied regions</a>

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/09/21/297521-2022-09-20t221814z2lynxmpei8j16frtroptp4ukraine-crisis-izium.JPG" />

Western allies German Chancellor Olaf Scholz called the referendums "sham" votes, while French President Emmanuel Macron described them as a "travesty". The United States said they were "an affront to the principles of sovereignty and territorial integrity" and that Washington would never recognise Russian claims to annexed Ukrainian territory.

<a href="https://www.wionews.com/world/uks-liz-truss-to-work-with-japans-kishida-to-tackle-china-threat-518212">UK's Liz Truss to work with Japan's Kishida to tackle China threat</a>

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According to the statement, Truss and Kishida concurred on the significance of democracies cooperating, notably through international organisations like the G7, to reduce the economic and security dangers posed by "authoritarian governments".

<a href="https://www.wionews.com/entertainment/angelina-jolie-visits-pakistan-to-support-people-affected-by-floods-518228">Angelina Jolie visits Pakistan to support people affected by floods</a>

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&nbsp;Angelina Jolie is visiting to witness and gain an understanding of the situation, and to hear from people affected directly about their needs, and about steps to prevent such suffering in the future," the report said, citing a release of the International Rescue Committee (IRC).

Watch |&nbsp;McDonald's outlets reopen in Kyiv for delivery services only

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Trump's lawyers have resisted clarifying their stance on whether any documents seized at his residence were declassified at any point. In other news, Kyiv's western allies denounced the referendums that Russia had announced in Ukraine's four regions.

Trump's lawyers have resisted clarifying their stance on whether any documents seized at his residence were declassified at any point. In other news, Kyiv's western allies denounced the referendums that Russia had announced in Ukraine's four regions. Meanwhile, Liz Truss and Fumio Kishida, during their recent meeting, resolved to work together to tackle the strategic threat posed by China. Finally, mega Hollywood star Angelina Jolie arrived in Pakistan on Tuesday (September 20) to support people affected by the devastating floods. Click on the headlines to read more: Donald Trump's lawyers resist judge's request to clarify 'declassification' claim Judge Raymond Dearie – the special master in charge of reviewing the materials seized by the FBI during their raid on the Mar-a-Lago residence of former United States President Donald Trump – has asked Trump’s lawyers to make it clear if the documents were declassified at any point. Ukraine's Western allies condemn Russian referendum plans for occupied regions Western allies German Chancellor Olaf Scholz called the referendums "sham" votes, while French President Emmanuel Macron described them as a "travesty". The United States said they were "an affront to the principles of sovereignty and territorial integrity" and that Washington would never recognise Russian claims to annexed Ukrainian territory. UK's Liz Truss to work with Japan's Kishida to tackle China threat According to the statement, Truss and Kishida concurred on the significance of democracies cooperating, notably through international organisations like the G7, to reduce the economic and security dangers posed by "authoritarian governments". Angelina Jolie visits Pakistan to support people affected by floods Angelina Jolie is visiting to witness and gain an understanding of the situation, and to hear from people affected directly about their needs, and about steps to prevent such suffering in the future," the report said, citing a release of the International Rescue Committee (IRC). Watch | McDonald's outlets reopen in Kyiv for delivery services only

Morning news brief: Trump's lawyers resist special master's request, Angelina Jolie visits Pakistan, and more

British Prime Minister Liz Truss and Japanese Prime Minister Fumio Kishida held a meeting on the sidelines of the United Nations General Assembly in New York on Tuesday (September 20).

According to a spokesperson for Downing Street, Truss denounced China's provocations on Taiwan at the meeting.&nbsp;

"The Prime Minister condemned China's recent provocations over Taiwan, which threatened Japan's Special Economic Zone," a statement said.

"The leaders resolved to work together to tackle the strategic threat posed by <a href="https://www.wionews.com/east-asia/hong-kong-flags-covid-19-quarantine-policy-change-wants-an-orderly-opening-up-517946">China</a>."

According to the statement, Truss and Kishida concurred on the significance of democracies cooperating, notably through international organisations like the G7, to reduce the economic and security dangers posed by "authoritarian governments".

Also read |&nbsp;<a href="https://www.wionews.com/world/us-proposes-new-atlantic-ocean-cooperation-with-100-mn-in-initiatives-518185">US proposes new Atlantic Ocean cooperation with $100 mn in initiatives</a>

Truss, who also met with Emmanuel Macron, the president of France, in New York, intends to use her first international trip since taking office on September 6 to commit additional billions of pounds in help for Ukraine's defence against Russia.

(With inputs from agencies)

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British Prime Minister Liz Truss and Japanese Prime Minister Fumio Kishida held a meeting on the sidelines of the United Nations General Assembly in New York on Tuesday (September 20).

British Prime Minister Liz Truss and Japanese Prime Minister Fumio Kishida held a meeting on the sidelines of the United Nations General Assembly in New York on Tuesday (September 20). According to a spokesperson for Downing Street, Truss denounced China's provocations on Taiwan at the meeting. "The Prime Minister condemned China's recent provocations over Taiwan, which threatened Japan's Special Economic Zone," a statement said. "The leaders resolved to work together to tackle the strategic threat posed by China." According to the statement, Truss and Kishida concurred on the significance of democracies cooperating, notably through international organisations like the G7, to reduce the economic and security dangers posed by "authoritarian governments". Also read | US proposes new Atlantic Ocean cooperation with $100 mn in initiatives Truss, who also met with Emmanuel Macron, the president of France, in New York, intends to use her first international trip since taking office on September 6 to commit additional billions of pounds in help for Ukraine's defence against Russia. (With inputs from agencies) WATCH WION LIVE HERE:

UK's Liz Truss to work with Japan's Kishida to tackle China threat

Britain’s newly elected Prime Minister Liz Truss has pledged that the United Kingdom will continue their financial support to Ukraine. Ahead of her first foreign trip as PM, Truss said that the UK will match the figures of 2022 and will also send both financial and artillery support to Ukraine.

"My message to the people of Ukraine is this: the UK will continue to be right behind you every step of the way. Your security is our security," Truss said according to Reuters.

Also read |&nbsp;<a href="https://www.wionews.com/world/unga-formally-opens-today-with-ukraine-crisis-global-hunger-in-spotlight-517907" hreflang="en">UNGA formally opens today with Ukraine crisis, global hunger in spotlight</a>

The UK has been a major supporter of Ukraine in the ongoing Russian invasion and till now, they have committed £2.3bn to the cause in 2022. According to the media reports, Truss is expected to talk more about the commitment during the annual United Nations General Assembly (UNGA).

"The number one issue is global security - making sure we are able to collectively deal with Russian aggression and ensuring that Ukraine prevails, and Putin doesn't have success in Ukraine.”

Also read |&nbsp;<a href="https://www.wionews.com/world/location-is-everything-donald-trump-mocks-joe-biden-after-queen-elizabeth-iis-funeral-517943" hreflang="en">'Location is everything': Donald Trump mocks Joe Biden after Queen Elizabeth II's funeral</a>

"(It's a) huge priority for European security as well as ensuring that we are working together with other members of the G7 to make sure we are not strategically dependent on authoritarian regimes. That's the priority," Truss told reporters ahead of her foreign trip according to Sky News.

During her campaign, Truss sparked a mini controversy when she said that she is not sure whether France is a “friend or foe” to Britain. Ahead of her US trip, Truss made it clear that she is looking to work closely with Emmanuel Macron and said that she wanted "a constructive relationship with France".

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Britain’s newly elected Prime Minister Liz Truss has pledged that the United Kingdom will continue their financial support to Ukraine. Ahead of her first foreign trip as PM, Truss said that the UK will match the figures of 2022 and will also send both financial and artillery support to Ukraine.

Britain’s newly elected Prime Minister Liz Truss has pledged that the United Kingdom will continue their financial support to Ukraine. Ahead of her first foreign trip as PM, Truss said that the UK will match the figures of 2022 and will also send both financial and artillery support to Ukraine. "My message to the people of Ukraine is this: the UK will continue to be right behind you every step of the way. Your security is our security," Truss said according to Reuters. Also read | UNGA formally opens today with Ukraine crisis, global hunger in spotlight The UK has been a major supporter of Ukraine in the ongoing Russian invasion and till now, they have committed £2.3bn to the cause in 2022. According to the media reports, Truss is expected to talk more about the commitment during the annual United Nations General Assembly (UNGA). "The number one issue is global security - making sure we are able to collectively deal with Russian aggression and ensuring that Ukraine prevails, and Putin doesn't have success in Ukraine.” Also read | 'Location is everything': Donald Trump mocks Joe Biden after Queen Elizabeth II's funeral "(It's a) huge priority for European security as well as ensuring that we are working together with other members of the G7 to make sure we are not strategically dependent on authoritarian regimes. That's the priority," Truss told reporters ahead of her foreign trip according to Sky News. During her campaign, Truss sparked a mini controversy when she said that she is not sure whether France is a “friend or foe” to Britain. Ahead of her US trip, Truss made it clear that she is looking to work closely with Emmanuel Macron and said that she wanted "a constructive relationship with France".

UK will match military aid spent on Ukraine next year, says PM Liz Truss

British politics is poised to bounce back into action with Queen Elizabeth the Second being laid to rest in a funeral on Monday (September 19). Prime Minister Liz Truss, who became last UK PM to be appointed by the late Queen has a deepening economic crisis and anger amid the British people to deal with.

Truss will first fly to New York to attend United Nations General Assembly. This will be the first time Liz Truss will represent UK on a world stage. Towards the end of the week her Chancellor of the Exchequer Kwasi Kwarteng will present a mini-budget in Britain's House of Commons.&nbsp;

Just hours before Queen Elizabeth's passing was announced on September 8, Truss had unveiled plan to cap domestic energy bills to help UK households. The government will now announce plans to support businesses with their energy bill. The announcement is expected on Wednesday (September 21).

Truss had won praise for her tough stance on Russia in the aftermath of Russian invasion of Ukraine. She was foreign secretary in the government of former UK pm Boris Johnson. It is expected that she will continue to exert political pressure on Russia who is leveraging its position as major energy supplier to Europe to earn political points.

Truss' plans of rewriting Brexit deal may put her at odds with the European Union. It may also have an effect on UK's so-called 'special relationship' with US.

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British politics is poised to bounce back into action with Queen Elizabeth the Second being laid to rest in a funeral on Monday (September 19). Prime Minister Liz Truss, who became last UK PM to be appointed by the late Queen has a deepening economic crisis and anger amid the British people to deal with.

British politics is poised to bounce back into action with Queen Elizabeth the Second being laid to rest in a funeral on Monday (September 19). Prime Minister Liz Truss, who became last UK PM to be appointed by the late Queen has a deepening economic crisis and anger amid the British people to deal with. Truss will first fly to New York to attend United Nations General Assembly. This will be the first time Liz Truss will represent UK on a world stage. Towards the end of the week her Chancellor of the Exchequer Kwasi Kwarteng will present a mini-budget in Britain's House of Commons. Just hours before Queen Elizabeth's passing was announced on September 8, Truss had unveiled plan to cap domestic energy bills to help UK households. The government will now announce plans to support businesses with their energy bill. The announcement is expected on Wednesday (September 21). Truss had won praise for her tough stance on Russia in the aftermath of Russian invasion of Ukraine. She was foreign secretary in the government of former UK pm Boris Johnson. It is expected that she will continue to exert political pressure on Russia who is leveraging its position as major energy supplier to Europe to earn political points. Truss' plans of rewriting Brexit deal may put her at odds with the European Union. It may also have an effect on UK's so-called 'special relationship' with US. You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here. WATCH WION LIVE HERE ×

With Queen laid to rest, British politics to swing back into action

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