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In September and October 2022, the Conservative Party government led by newly appointed prime minister Liz Truss faced a credibility crisis. It was caused by the September 2022 mini-budget and a disorganised vote in the House of Commons over a parliamentary motion to ban fracking, ultimately resulting in the loss of support of Conservative members of parliament (MPs).
In January 2022, the Metropolitan Police announced that it would open an investigation into the gatherings, and the civil servant Sue Gray was announced to be leading a Cabinet Office inquiry. Gray's final report in May 2022 described multiple events, including excessive drinking and a lack of respect shown to cleaning and security staff.
October 2022 United Kingdom government crisis, events in the aftermath of the September mini-budget, culminating in the resignation of Liz Truss as prime minister Topics referred to by the same term This disambiguation page lists articles associated with the title 2022 United Kingdom government crisis .
Soaring inflation took over as the big threat to the economy this year, with experts predicting a prolonged recession that will dominate 2023. Cost crisis wrought havoc in 2022, but 2023 set to be ...
Boris Johnson carried out the third significant reshuffle of his majority government (the Second Johnson ministry) from 5 to 8 July 2022, having last done so in September 2021. This was a direct result of the July 2022 United Kingdom government crisis in which more than a third of ministers and parliamentary private secretaries resigned from ...
The first austerity period took place during the premierships of David Cameron (R) and Theresa May (L) . A UK government budget surplus in 2001-2 was followed by many years of budget deficit, [16] and following the 2008 financial crisis, a period of economic recession began in the country.
On 23 September 2022, the Chancellor of the Exchequer, Kwasi Kwarteng, delivered a Ministerial Statement entitled "The Growth Plan" to the House of Commons. [1] [2] Widely referred to in the media as a mini-budget (it not being an official budget statement), it contained a set of economic policies and tax cuts such as bringing forward the planned 1% cut in the basic rate of income tax to 19% ...
In its report, published at the same time as the autumn statement, the Office for Budget Responsibility (OBR) concluded the UK had entered a recession after experiencing two quarters in which the economy had shrunk. While predicting an overall growth of 4.2% for 2022, the OBR forecast the economy would shrink by around 1.4% during 2023.