Liz Truss faces a financial whirlwind – will her plans for the economy work?
- Written by Steve Schifferes, Honorary Research Fellow, City Political Economy Research Centre, City, University of London
Liz Truss may have won the battle to become Britain’s next prime minister, but don’t expect much time for her to settle into office. People’s living standards are predicted to fall by an unprecedented 10% over the next two years, driven by rising prices of energy and other goods.
The UK economy is facing a recession by the end of...
