Thatcher fan Liz Truss faces a perfect storm

10 min read . Updated: 07 Sep 2022, 09:17 AM IST Max Colchester, The Wall Street Journal

Liz Truss has long touted herself as a free marketer. Unlike recent Conservative prime ministers, she thinks the state should be shrunk. Photo: Reuters

The UK is on track to record the lowest economic growth and the highest inflation among the G7 rich countries next year. The economy may record zero growth in 2023.

LONDON : Britain’s new Prime Minister, Liz Truss, will face the most daunting economic outlook for an incoming British leader since her political hero, Margaret Thatcher, became the U.K.’s first female prime minister in 1979.

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