UK Prime Minister Liz Truss has admitted mistakes she made in introducing her controversial tax cuts.
"I stand by the announced package," Truss told BBC television on Sunday at the start of the Tory party conference in Birmingham.
"But I realize that we should have prepared better," she admitted.
Her government has a "clear plan" to deal with the energy crisis and inflation and to restart the economy, the prime minister said.
Your "growth plan" presented about a week ago has been criticized by investors and economists because it envisages additional spending in the billions - but hardly any details on how this is to be financed in the short term.
According to experts, the measures could cost the equivalent of almost 230 billion euros.
Finance Minister Kwasi Kwarteng had already spoken again on Saturday, but left details open.
In an article for the Telegraph newspaper, he merely confirmed that he would present a "credible plan" for debt reduction in November.
There will also be a commitment to bringing public spending under control.
It is clear that the measures announced were not met with approval everywhere.
But you had no choice.
Most recently, the rating agency S&P shared the skeptical view of other institutions and lowered the outlook for British government debt from “stable” to “negative”.
The Moody's agency and the International Monetary Fund (IMF) also have concerns.
A worse rating can mean that higher interest rates have to be paid to take on new debt – which limits the scope for action.
It is unclear whether the plans will cause the debt to rise further or whether the measures will pay for themselves, as the government hopes.
On the foreign exchange market, the pound fell to its lowest level in 37 years against the dollar last week.
The bond market also went downhill.
Ultimately, the British central bank intervened to mitigate the turmoil.
Britain is suffering from the worst economic crisis in decades and high inflation.
Electricity and gas prices for consumers will probably rise by 80 percent in October, and many companies are on the brink of collapse due to high energy costs.
The British pound had fallen to an all-time low against the dollar.