Britain on Tuesday received another sign that inflation could painfully linger. The country braced, once again, for higher interest rates as bond yields climbed above the levels when Liz Truss […]
Truss, Elizabeth (1975- )
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Back to news homeLiz Truss’s Departure Creates Economic Uncertainty As Inflation Rises
The departure of Prime Minister Liz Truss raises uncertainty in a country searching for answers to soaring inflation and stagnant growth. Read More
Lessons From Liz Truss’s Handling of U.K. Inflation
The sharp policy U-turn by Liz Truss, Britain’s prime minister, reveals the perils of taking the wrong path in the fight against scalding inflation. Read More
Britain’s Economic Experiment Stumbles at the Start
Britain’s economy has wobbled along since the financial crisis more than a decade ago, in 2008, with weak productivity and low pay. Recently, it lost its place as the world’s […]
Sleepy Corner of U.K.’s Pension Industry Forced the Bank of England’s Hand
Plans by Britain’s new prime minister, Liz Truss, to cut taxes and freeze energy bills landed like a bomb in a niche corner of financial markets, hitting government bond prices […]
Britain’s Gamble on Tax Cuts has Economists Warning of Past Mistakes
Ms. Truss has been cheered on by conservative champions of supply-side economics in the United States, including many of the chief backers of Mr. Trump’s tax cuts. Stephen Moore, who […]
Why the British Pound Continues to Sink
Over the centuries, British leaders have often gone to extraordinary lengths to protect the pound’s value, viewing its strength as a sign of the country’s economic power and influence. King […]
Pound Falls as U.K. Debt and Tax Cut Plans Worry Investors
Much of the outward business of government in Britain is grinding to a halt during 10 days of national mourning until the state funeral for Queen Elizabeth II, when schools, […]
Markets Wobble as Britain Gets a New Prime Minister and Energy Worries Grow
If financial markets are sending a message to Britain’s new prime minister, Liz Truss, it’s one of concern.Ms. Truss, who was named on Monday as the choice of Conservative Party […]