The UK is in the grip of a credibility crisis
Jeremy Hunt may have overthrown the mini-Budget, but markets still demand a plan to avoid further economic turmoil.
ByNew Times,
New Thinking.
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Jeremy Hunt may have overthrown the mini-Budget, but markets still demand a plan to avoid further economic turmoil.
ByThe Prime Minister’s refusal to appear only emphasises how desperately weak her position is.
ByThe Chancellor has trashed the rationale for her premiership and the mandate on which she was elected.
ByLiz Truss remains on autopilot, insisting her low-tax assumption is correct, and that speed and miscommunication caused the turmoil.
ByKwasi Kwarteng has become the second-shortest serving chancellor in postwar history after the Conservatives’ Iain Macleod who died in office.
ByJeremy Hunt takes over from Kwarteng, who becomes the second shortest-serving Chancellor in history.
ByThe question now is how much economic damage is done before the Prime Minister succumbs to the inevitable.
ByMany Tory MPs believe the Prime Minister will be forced to sacrifice her ideological soulmate.
ByAs the UK braces for Liz Truss’s austerity 2.0, charities are still picking up the welfare slack from the first…
ByThe supposed “anti-growth coalition” targeted by Liz Truss turns out to include the overwhelming majority of the country.
ByYour weekly dose of political gossip.
ByThe Prime Minister would be truly reckless to use her Conservative conference speech to triple down on her current plans.
ByBy waging a culture war against reality, the government has made the UK economy one of the most unstable in…
ByLiz Truss’s chief economic adviser, Matthew Sinclair, is a vociferous opponent of the UK’s most substantial wealth tax.
ByKwasi Kwarteng’s U-turn message affects a humanity and compassion that isn’t really there.
By4 October 1999: The relationship between prime minister and chancellor of the Exchequer must be one of mutual trust.
ByThe intellectually confident Chancellor will rely on his own instincts rather than economic advisers. But that may be his downfall.
ByMPs have learned that if things aren’t going well, there’s always the nuclear option. And once you start, it’s hard…
ByA deep history of Britain’s most radical – or reckless – economic experiment in 40 years.
ByThe riotous market response to the mini-Budget has, for some Tory MPs, destroyed the PM’s authority as party leader.
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