HomeNewsNewsBritain in a ‘very, very difficult economic situation’ – Truss

Britain in a ‘very, very difficult economic situation’ – Truss

British Foreign Secretary Liz Truss gives a statement to the House of Commons on the situation in Northern Ireland, in London, Britain May 17, 2022. UK Parliament/Jessica Taylor/Handout via REUTERS

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LONDON, May 18 (Reuters) – Britain is facing a “very, very difficult economic situation”, British Foreign Secretary Liz Truss said on Wednesday, after inflation hit an annual rate of 9.0% in April, the highest since official estimates began in the late 1980s.

“We are in a very, very difficult economic situation,” Truss told Sky News. “We’re facing some very, very serious global headwinds. And as you said, inflation is extremely high.”

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Reporting by William James and Farouq Suleiman; editing by Kate Holton

Our Standards: The Thomson Reuters Trust Principles.

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