Liz Truss warned the country faced a “difficult winter” ahead as she indicated she had no plans to reverse her tax-cutting agenda.
According to reports, the UK has been living beyond its means and a new age of austerity is required to trim the fat.
“Time will tell if such sentiment reflects a decisive shift in Labour’s favour or merely reflects a moment in time.”
It comes after the Conservative's mini-budget plunged markets into turmoil and resulted in an emergency bond-buying programme.
Some week for the Tories: Their economic policies crashed The Pound, risked pensions, and made them 'the most right-wing government going'.
“To anyone paying any attention to that leadership contest it was plain as day what was going to happen.”
It comes following a turbulent week for the newly-appointed prime minister which has sparked financial meltdown in the UK markets.
"This is the greatest set of challenges we have seen in our lifetimes. Let the people decide who leads us through this turmoil."
According to the first-time buyer, her mortgage interest rate more than doubled in less than two weeks.
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