[1andrew1]

Virgin Atlantic chief urges UK to reverse planned tax cuts to bolster pound

Virgin Atlantic’s chief executive has called on the UK government to “consider reversing” some policies announced last week to bolster the pound and assuage worries over the economy.

Shai Weiss on Tuesday said he was concerned about the direction of Liz Truss’s government since it took office less than a month ago.

“Truss said she would take difficult decisions upon entering into the role,” he said. “Maybe they need to take more difficult decisions to reverse the decline of the pound and ensure this country is not left with . . . perceived weakness in international markets.”

“Sometimes all of us in this room should be humble enough to say that if I said something that is not working, maybe I should reverse course, that is not a bad thing to do,” he added.

https://www.ft.com/content/9e973795-...5-d94c13753bb6

---------- Post added at 11:42 ---------- Previous post was at 11:24 ----------

Originally Posted by Sephiroth

Staunch Conservative & staunch government supporters are not always the same thing.

Hence I am not MIA and I need to see how this plays out on the short term.

Now is the time for all true Conservatives to step off the sidelines and ask for the unfunded tax cuts to be postponed.