Home / Politics / News /  Liz Truss’s big gamble on the UK economy

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.

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