-
UK’s shortest-serving PM Liz Truss blames economic ‘orthodoxy’ for downfall
Former British prime minister Liz Truss blamed on Sunday the economic “orthodoxy” in the country’s finance ministry, other nations and in parts of the governing Conservative Party for derailing her premiership and “plan for growth”. Truss’s tenure was cut short last year after her largely unfunded mini budget and tax cuts pushed up borrowing costs and mortgage rates, sent the pound tumbling and shattered Britain’s reputation for financial stability. Writing in the Sunday Telegraph newspaper in her first major foray into politics since the abrupt end to her premiership after just over six turbulent weeks ... (full story)