UK PM Spokesperson: There will be no further U-turns on economic plan
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When asked if British Prime Minister Liz Truss can make assurances that there will be no further U-turns on her economic plan, PM’s spokesperson responded by saying “yes, the position has not changed,” as reported by Reuters.
“The OBR is the government’s official forecaster and the prime minister has said on a number of occasions she values their scrutiny and respects their independence,” the spokesperson added.
These comments don’t seem to be having a significant impact on the British pound’s market valuation. As of writing, the GBP/USD pair was up 0.45% on the day at 1.1152.
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