107122660 1663839273228 gettyimages 1243408399 POLITICS

British Prime Minister Liz Truss and U.S. President Joe Biden formally met for the primary time on the United Nations Basic Meeting in New York Metropolis, following clashes in financial coverage between the 2 leaders.

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LONDON — The British authorities is about to announce sweeping tax cuts for companies and the rich Friday, in a controversial mini-budget showcasing the lengths to which new Prime Minister Liz Truss is keen to go to overtake U.Ok. financial coverage even because it attracts political ire.

Truss — whose “Trussonomics”…

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