Under pressure from the financial markets, she had previously had to dismiss her comrade-in-arms Kwasi Kwarteng as Chancellor of the Exchequer. Kwarteng wanted to implement Truss’ agenda with a financial package – a so-called “mini budget”.
Officially, Truss justified the dismissal of her because of Secretary of the Interior with Braverman’s formal breach of secrecy regulations. In fact, the two women disagreed politically: Truss wanted to relax immigration rules to generate more growth. Brexit supporter Braverman was categorically against.
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The former Home Secretary could not agree politically with Liz Truss.
(Photo: AP)
By sacking her, the Prime Minister also risked the support of the right-wing party that brought her to power. Brexit supporters also saw their nationalist agenda in jeopardy with the appointment of Truss critic Grant Shapps as the new Home Secretary.
>> Read also: British Home Secretary Braverman resigns – and criticizes the government
Shapps is the second left-wing representative after Hunt to hold a key position in the cabinet. The fact that former Brexit negotiator and Truss confidante David Frost called for the Prime Minister to resign showed how precarious her situation was.
What do the riots in the British House of Commons have to do with the government crisis?
The opposition Labor Party wanted to reveal the political rift in the Tories with a vote on fracking. Truss endorsed the controversial gas extraction process, but many of her conservative party friends are against it.
The British Treasury Secretary is the top candidate to succeed Truss.
(Photo: Reuters)
According to several MPs, the voting then involved “fighting and bullying” in order to secure the parliamentary majority of the government. In the end, Truss won the vote, but continued to lose support within its own ranks due to the chaos.
Who could succeed Truss?
Favorites for the top job at the moment are Treasury Secretary Jeremy Hunt, former Chancellor of the Exchequer and Truss rival Rishi Sunak and Conservative Majority Leader in the House of Commons Penny Mordaunt. The problem is that the right and left wings of the party have not yet been able to agree on a candidate.
Would a change of government solve Britain’s problems?
no Whoever leads the government faces a political and economic fiscal dilemma.
To get the debt under control, around 40 billion pounds (about 47 billion euros) are missing from the state coffers. This gap can only be closed by further tax increases or cuts in spending.
>> Read also: Jeremy Hunt – The secret prime minister
Both ways are politically tricky because there is currently no majority for them in Parliament. Treasury Secretary Hunt wants to show a way out of the dilemma on October 31 and is under pressure from the nervous financial markets. Many Britons are expecting a Halloween scare and fear a new austerity policy.
Will there be new elections in Great Britain?
Opposition leader Keir Starmer called for new elections to be held as soon as possible on Thursday. No wonder his Labor Party leads the Tories by more than 30 percentage points in the opinion polls and would likely win an outright majority.
In view of their desolate situation, the Tories have no interest in early new elections and are hoping to delay the election date until the end of 2024. However, after the government collapsed, the Conservatives will find it difficult to install the fifth prime minister in six years without a vote.
More: Inflation in UK rises to 10.1 percent – Pound falls again