She is demanding faster, radical action to tackle a cost of living crisis. Read more at straitstimes.com.
on a promise to challenge the so-called"orthodoxy", demanding faster, radical action to tackle a cost of living crisis and shake the country out of what she says are years of sluggish growth.
That, plus a pledge to review the remit of the Bank of England, has cheered party supporters but rattled financial markets, prompting foreign investors to dump the pound and government bonds for fear of what is to come. Ms Truss will not be the first leader to try to take on what Conservative lawmakers call the orthodoxy - the establishment - or more disparagingly the"blob": public servants or advisers who are accused of a"stale groupthink".
Mr Johnson had clashed with the Treasury over his"levelling up" plans to spend more to try to reduce regional inequalities, and Ms Truss has singled out the powerful department for change, accusing it of being slow to take advantage of Brexit.
Singapore Latest News, Singapore Headlines
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