San Marino – UK: the new British Chancellor of the Exchequer Jeremy Hunt, on a one-year visit to the Titan
The Conservative government of Liz Truss is poised. After a flop financial maneuver – the announced drastic tax cut was the cause of a collapse of the pound and markets with subsequent turnaround – in addition to the minister of finance Kwasi Kwarteng – a trusted man – forced to leave, the premier, who has been in office for less than five weeks, still seems willing to move forward, now relying on Jeremy Hunt come again British Chancellor of the Exchequer, the fourth in the space of a few signals the chaos and the climate of political conflict in progress.
56, a veteran of various governments and former foreign minister under Theresa May, the choice would have fallen on Hunt to try to reunify a Conservative Party in revolt against Truss herself. However, there are still serious dubbing on the political longevity of the premier, in free fall in the polls. “The chances of going to the early elections – reports the press – are in fact growing exponentially and bookmakers are already giving them for next spring”.
“We have some very difficult decisions ahead of us – Hunt told BBC and Sky News – what people want, what markets want, what the country needs now is stability. No canceller can control the markets. But what we can do – he points out – it is they who can pay our taxes and our spending plans ”.
Hunt’s ties with the Republic of San Marino are close, in the wake of an increasingly strong bilateral relationship with the United Kingdom. A year ago, on an official visit to San Marino, he was awarded theHonor of Knight Grand Officer of the Equestrian Order of Sant’Agata. In fact, in 2020 – when the Titan was facing perhaps the most critical phase of the Covid emergency – Hunt shared a message from the Consul in London Maurizio Bragagni, expressing solidarity with the San Marino citizens, and this aroused the interest of media and international organizations. A second meeting then in March of this year on the occasion of the Regency’s historic state visit to the British capital.