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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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Finance expert empowers his social audience with accessible wealth tips

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The right strategy can change the game for your financial freedom. Meet the advisor making his tips accessible to all.

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by James Wrigley, Financial Advisor at First Financial. #wyld money #trending

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It takes a village: coordinated financial teams prove paramount to maximising wealth

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The pursuit of wealth is often faced by significant challenges including debt, lifestyle costs, and burnout – so what methods can help overcome these challenges?

Maximising financial opportunities involves a suite of tasks, from leveraging favourable loan rates, strategic tax planning, and coordinated financial advising.

Mark Wyld from MW Wealth joins to discuss more. #featured

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Tesla shareholders approve historic $56B Elon Musk pay package

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Tesla shareholders have voted to approve Elon Musk’s unprecedented $56 billion compensation package, underscoring their confidence in his leadership and vision for the electric car company.

The package, which is tied to ambitious performance targets, includes a mix of stock options and bonuses contingent upon Tesla’s financial and operational milestones over the next decade.

As reported by Reuters, the approval underscores the support that Musk enjoys from Tesla’s retail investor base, many of whom are vocal fans of the mercurial billionaire.

The proposal passed despite opposition from some large institutional investors and proxy firms.

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