Tag: Kwarteng, Kwasi

After a Storm, Britain’s Economy Finds Itself Rudderless

The departure of Prime Minister Liz Truss raises uncertainty in a country searching for answers to soaring inflation and stagnant growth.

Truss Defied the Markets, and They Ruthlessly Sealed Her Fate

World leaders buffeted by economic challenges are watching the turmoil in Britain with anything but relish, hoping that Liz Truss’s woes won’t be a harbinger for other countries.

Liz Truss, Jeered in UK Parliament, Insists She Can Govern

Prime Minister Liz Truss of Britain, who has seen her entire economic agenda repudiated, told lawmakers that she was not a quitter.

New U.K. Finance Minister Pulls Back Further on Fiscal Plan

Jeremy Hunt, the new chancellor of the Exchequer, announced a sweeping reversal in an effort to steady the markets and reduce the pressure on Prime Minister Liz Truss.