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“She’s still in charge” – Can Liz Truss hold onto power?

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“She’s still in charge” – UK Chancellor Jeremy Hunt insists Liz Truss is still leading the Conservative Party

“SHE’S STILL IN CHARGE” – Recently-appointed UK Chancellor Jeremy Hunt has insisted that Liz Truss is still in charge of the government, despite a series of U-turns that have put her premiership in jeopardy.

Some Tory backbenchers have reportedly been talking privately about how to remove the PM from office. It follows market turmoil led, which led Truss to abandon her flagship tax policies.

But Hunt is urging the party to unite behind her, as the pair held crunch talks to thrash out plans on tax and spending.

It comes despite speculation that Hunt is now captain of the conservative ship.

“She’s listened. She’s been willing to do that most difficult thing in politics, which is to change tack,” Hunt said to the BBC.

Hunt replaced Kwasi Kwarteng on Friday. The former chancellor was removed from his post following financial turbulence in the wake of last month’s mini-budget.

A key test of the government’s moves so far will come when markets reopen early on Monday.

In the U.S., President Joe Biden has also weighed in on the government’s tax cuts.

Speaking to reporters during a campaign visit, he said the outcome was “predictable”.

“I wasn’t the only one that thought it was a mistake”, Biden said. He added that he had disagreed with “the idea of cutting taxes on the super wealthy”.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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