Britain's Prime Minister Liz Truss has described herself as a “huge Zionist ... [and] huge supporter of Israel" amid ongoing turmoil in the country's broken financial sector.
“As you know I am a huge Zionist, I am a huge supporter of Israel, and I know that we can take the UK-Israel relationship from strength to strength,” Truss, who was attending the Conservative Friends of Israel event held at the Tory Party’s annual conference in Birmingham, said on Monday.
Zionism, which was formed and publicized by Jewish journalist and political activist from Austria, Theodor Herzl, refers to the political and military efforts to form an independent Jewish state in the Middle East within the historical boundaries of Muslims. The idea eventually led to the creation of the Israel regime.
In the meantime, Truss, who has been forced to reverse her economic plans, is seeking ways to save the nation and its financial sector from the turmoil as winter is coming.
CNBC analysts reported on Monday that the UK government’s reversal on scrapping the top rate of income tax alone might not be enough to quell turmoil in the market.
The tax cut, which Truss had been defending just hours before, would have abolished the 45p tax rate on top incomes.
UK's cost of living crisis
The rising cost of living and inflation has become a main concern for people across the UK.
One in seven, or almost 1.1 million, private renters in England have been hit by a rent hike in recent weeks, research from housing charity Shelter showed last month.
A notable number of those interviewed in the survey for the charity between July 29 and August 17 said that their rent had been increased in August.
The survey also revealed that three in every 10 renters (30 percent) were behind on their rental payments, or were constantly struggling to pay the rent.
A third (32 percent) of them said they were spending at least half their household income on rent.