UK’s Truss Stresses Fiscal Responsibility, Refuses to Rule out Real-Term Benefit Cut

Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng during a visit to a construction site for a medical innovation campus in Birmingham, on Oct. 4, 2022. Stefan Rousseau/PA Media

UK Prime Minister Liz Truss has stressed she must take a responsible approach to the public finances, refusing to rule out real-terms cuts to benefits.

Both the Cabinet and the wider Conservative Party are split on whether benefits should increase in line with inflation.