Liz Truss’s big gamble on the UK economy

4 min read 27 Sep 2022, 07:03 PM IST Walter Russell Mead , The Wall Street Journal

Johnson got Brexit done. She faces the much harder task of making it work.

Like Churchill, Ms. Truss must worry about back-stabbing Tory members of Parliament who distrust her and think her extreme.. (Photo: Reuters) — Like Churchill, Ms. Truss must worry about back-stabbing Tory members of Parliament who distrust her and think her extreme.. **(Photo: Reuters)**

Not since Winston Churchill took office as Hitler’s Blitzkrieg rolled across Europe in May 1940 has a British prime minister faced such turbulence in the opening days of an administration. No sooner had the official mourning for Britain’s longest-serving monarch come to a close than the announcement of Liz Truss’s economic plans sent stock markets reeling and interest rates soaring and drove the pound to a record low against the dollar.