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Truss Sees UK Vision Dismantled as Rivals Fight for Her Job

  • Prime minister lets Hunt reverse much of her economic plan
  • Tories yet to coalesce around candidate to challenge premier
Bloomberg business news
WATCH: The government will take “whatever tough measures” are needed, Hunt said in a televised statement.Source: Bloomberg
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UK Prime Minister Liz Truss was clinging to power on Monday after suffering the abject humiliation of being forced to U-Turn on much of the economic program she announced only last month.

The premier watched on in the House of Commons as Chancellor of the Exchequer Jeremy Hunt, the former leadership rival she installed to rescue her premiership, dismantled much of what was left of her Sept. 23 “Growth Plan.” She later apologized for her mistakes in a BBC television interview.