Sterling's decline continued as trading opened in Asia and Australia on Monday - fuelling fears sterling could plunge to parity with the US dollar by the end of the year.
In an interview with CNN on Sunday, Ms Truss rejected comparisons with US President Joe Biden's approach after he said he was"sick and tired of trickle-down economics".
"We've only been here 19 days. I want to see, over the next year, people retain more of their income because I believe that it's the British people that are going to drive this economy," he told the BBC's Sunday With Laura Kuenssberg programme. If sterling fell to parity with the US dollar, it could trigger a rebellion among Tory backbenchers who could refuse to vote for the government's finance bill or submit letters of no confidence, the Daily Telegraph reported, citing backers and critics of the prime minister.
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