Liz Truss admits mistakes in mini budget as she fails to rule out cuts

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Liz Truss admits mistakes in mini budget as she fails to rule out cuts
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Liz Truss has admitted she could have done a 'better job' over her tax-slashing mini budget that plunged the UK economy into turmoil

Liz Truss has admitted she could have done a "better job" over her tax-slashing mini budget that plunged the UK economy into turmoil.

She also refused to u-turn on any of her plan which is expected to cost £72 billion in borrowing next year and gives people on over £150,000 in England, Wales and Northern Ireland a massive tax cut. "I do stand by the package we announced and I stand by the fact we announced it quickly, because we had to act. But I do accept we should have laid the ground better... I have learnt from that and I will make sure that in future we do a better job of laying the ground."

She said "What I'm going to do is make sure we get value for money for the taxpayer. But I'm very, very committed to making sure we've got excellent frontline public services.

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