Pair sympathetic to her growth agenda told Truss before she became PM that plans needed to be handled with care
Liz Truss ignored stark warnings from economists sympathetic to her growth strategy that the mini-budget that ultimately led to her downfall risked triggering a financial markets meltdown, the Guardian has learned.
Truss announced her resignation on Thursday after just 44 days in Downing Street, after a package of tax cuts and spending increases on 23 September rattled the markets, prompted a run on pension funds and sent the cost of mortgages spiralling.
Pair sympathetic to her growth agenda told Truss before she became PM that plans needed to be handled with careLiz Truss ignored stark warnings from economists sympathetic to her growth strategy that the mini-budget that ultimately led to her downfall risked triggering a financial markets meltdown, the Guardian has learned.Truss announced her resignation on Thursday after just 44 days in Downing Street, after a package of tax cuts and spending increases on 23 September rattled the markets, prompted a run on pension funds and sent the cost of mortgages spiralling. Continue reading…