British PM Truss to hold press conference later on Friday

British Prime Minister Liz Truss walks outside Number 10 Downing Street, in London, Britain, October 12, 2022. REUTERS/Hannah McKay/File Photo

LONDON, Oct 14 (Reuters) - British Prime Minister Liz Truss will hold a press conference later on Friday, her Downing Street office said, amid reports that her government was preparing to announce a reversal of planned tax cuts.

Reporting by William James, writing by Sachin Ravikumar

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