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Truss ran for prime minister on a promise to unleash growth. Instead, she unleashed market turmoil, a fall in the pound, and a precipitous drop in her party’s poll numbers.
Ms. Truss continues to blame rising interest rates on a global tightening of monetary policy by the Bank of England, the Federal Reserve and other central banks — which, in turn, reflects the ...
Truss has pledged to raise defence spending to 3 per cent of GDP by 2030, while Sunak would keep it on its present path, rising to 2.5 per cent over the same period.
Britain’s Liz Truss has sacrificed her finance minister and closest political ally just weeks into her premiership in order to save her own skin, but the crisis is far from over.
Truss, who currently serves as foreign minister, will be the U.K.'s new prime minister, after the Conservative Party named her as its next leader on Monday, replacing the outgoing Boris Johnson.
Liz Truss is said to have a characteristically no-nonsense way of weeding out civil servants who cannot do their sums. Her technique was described in a national newspaper report on her plan, as ...
Truss’s economic agenda is a work in progress. It got off to a bad start. But by focusing on growth, the prime minister is clearly pushing Britain in the right direction.
In the end, the lettuce won. Six days ago, Liz Truss’s leadership was in such trouble that a British tabloid began a livestream to test a simple proposition: Could the shelf life of a ...
Despite howls from troglodyte critics, British Prime Minister Liz Truss must not only stick to her pro-growth economic agenda but also go further by implementing a virtual flat tax early next year.