China News Service, October 18. According to comprehensive foreign media reports, on the 17th local time, British Prime Minister Truss apologized for his tax cuts that caused economic turmoil, admitting that "it went too far and too fast".

But she has vowed to stay on as prime minister.

Data map: British Prime Minister Truss.

  Prime Minister Truss said in an interview that he apologised for the "mistakes" she made during her tenure as prime minister, adding that she had corrected them, according to the BBC.

"I do want to take responsibility and apologize for the mistakes I made."

  She added: “I wanted to take action just to help people with their energy bills and high taxes, but we went too far, too fast. I appointed a new chancellor and laid out a plan to restore economic stability. new strategy."

  Truss told the BBC she was acting in the national interest and remained committed to her vision, but it would have to be done "in a different way".

She also revealed that she will lead the Conservative Party to the next general election.

  On the same day, the new British Chancellor of the Exchequer, Hunt, said in a statement that "almost all" tax cuts in the "mini-budget" policy have been cancelled.

It is reported that Hunter cancelled a plan to cut the basic personal income tax rate from 20% to 19% from April next year.

He said the base rate would remain at 20% indefinitely until economic conditions allow it to be lowered.

  The BBC's economics editor said the announcement was unusual and marked perhaps the biggest U-turn in British economic history.

The announcement should help restore credibility to the economy, but it's such a political shift that it's doubtful the UK government and the Conservative Party will support it, but the new chancellor's message: there is no choice.

  On September 23, the British government announced the country's largest tax cut in 50 years, but it caused market turmoil and was questioned and criticized by the outside world.

The BBC said five MPs had so far publicly called for Truss to resign, with some saying they believed "her term is over".