MOSCOW, October 2 – Novosti. Protests against the rise in the cost of living and climate change are taking place in the city of Birmingham in the UK on the first day of the Conservative Party conference, according to the Birmingham World.
According to the publication, demonstrators who shouted and criticized the Tories took to the streets of the city, they carried signs reading “unelected, irresponsible, crazy” and “wages are higher, bills are lower, Tories are down.”
It is reported that the Minister of Business, Energy and Industrial Strategy Jacob Rees-Mogg, accompanied by police, was met with boos and curses by protesters dissatisfied with the ruling party’s economic policies.
Protesters in Birmingham have also expressed their anger at the Prime Minister’s tax cuts for the wealthiest.
Enough already. We had Brexit, we had falling standards, we had people forced to work two jobs, people were starving, people without heating, and the last straw was the announcement of tax cuts for the richest people. words of one of the protesters.
According to another Birmingham resident who carried a placard that read “Lies kill Tories”, what is happening now is only the beginning.
Earlier, the head of the British Ministry of Finance presented in Parliament a plan to support the country’s economy, which implies a large-scale tax cut. Kvarteng announced the cancellation of the planned increase in corporate income tax to 25% from the previous 19%. After that, the yield of five-year government bonds in the UK rose to the highest level since 2008 of 4.6%, which means a decrease in demand for British debt securities. In connection with the adopted plan, the Truss government faced a flurry of criticism.
On Monday, Sky News reported, citing a British MP who wished to remain anonymous, that steps were being taken in the British Parliament to hold a vote of no confidence in British Prime Minister Liz Truss because of the government’s new plan to support the country’s economy. It was also previously reported that more than 167 thousand residents of the UK signed a petition for holding early general elections amid the crisis in the country.
