U.K. WELFARE CUTS to Fund Economic Plan P.M. Refuses to Rule Out

BIRMINGHAM, England (Reuters) -British Prime Minister Liz Truss triggered a new row in her party on Tuesday by suggesting she could limit increases in benefit payments to less than soaring inflation as she seeks ways to fund her tax-cutting growth plan.

Britain’s new leader has endured a tumultuous time since she came to power on Sept. 6, first leading national mourning for Queen Elizabeth before releasing an economic package that sent international investors bolting for the exits.

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Lawmakers from the governing Conservatives – even some cabinet ministers – bickered over the direction of the party as it held its annual conference, with opinion polls pointing to electoral collapse rather than a honeymoon period for Truss.

www.investing.com/news/economy/uks-truss-refuses-to-rule-out-welfare-cuts-to-fund-economic-plan-2904494

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