UK's Truss sticks to policy plan as she breaks silence after market rout | The World

The British government says it won't abandon its plan for big tax cuts, despite the turmoil it has triggered in financial markets. The Pound has plunged since the cuts were announced last week, and the IMF issued an unprecedented warning the package will increase inequity. Cailin Birch from The Economist Intelligence Unit tells The World but how this turmoil could feed into an already unstable global system. Subscribe: http://ab.co/1svxLVE ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation. For more from ABC News, click here: https://ab.co/2kxYCZY Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 Like ABC News on Facebook:   / abcnews.au   Follow ABC News on Instagram:   / abcnews_au   Follow ABC News on Twitter:   / abcnews   Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia