In a round of interviews, the prime minister showed little sympathy for the pain that high interest rates could inflict on mortgage holders, critics said.
Tag: Truss, Elizabeth (1975- )
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Britain’s Gamble on Tax Cuts has Economists Warning of Past Mistakes
The International Monetary Fund is just one of the many voices that have criticized a plan to cut rates for high earners.
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In an Echo of History, the British Pound Has Lost Its Dominance
The Bank of England had to step in Wednesday after markets deemed a new government economic plan as unwise, but the pound has been on a longer slide.
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Truss Takes a Bold Economic Gamble. Will It Sink Her Government?
Three weeks into her term, Prime Minister Liz Truss’s financial plans have thrown the markets and Britain’s currency into chaos and put her future in peril.