Liz Truss - Liberal Turned Tory, Jury’s In - Disaster For Britain!

Most recent stories in Liz Truss - Liberal Turned Tory, Jury’s In - Disaster For Britain!

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  Op-Ed: Liz Truss’ downfall won’t end trickle-down economics

  Los Angeles Times - Jacob Soll

  With former British Prime Minister Liz Truss’ free-market reforms having severely wounded the British economy, a chorus of pundits have claimed that the end of free-market thought is upon us. Who could at this point be so foolhardy as to claim that simply cutting taxes for the rich — and not doing …

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  The Chaos of British Politics Explained

  

  Curated byThe Features Desk

  In seven weeks, Britain has lived under three prime ministers, of whom only one was elected. In June, Boris Johnson's handling of Conservative Party scandals led to his resignation, forced by a mass exodus of ministers, including his then-finance minister Rishi Sunak. Liz Truss took up the mantle and unveiled a mini-budget that resulted in economic turmoil. Now that Sunak is the new U.K. PM, read about the events that led to his political rise and the tradition involving the monarch.

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  'Our country is facing a profound economic crisis': Rishi Sunak pledges to fix mistakes as he becomes UK PM

  CNBC - Jenni Reid

  LONDON — Rishi Sunak on Tuesday became the U.K.'s third prime minister of the year following a meeting with King Charles III. The tradition sees the …

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  Boris Johnson looks for comeback as Britain’s ruling Conservative Party rushes to pick new prime minister

  PBS NewsHour - Jill Lawless, Associated Press

  LONDON (AP) — Several British lawmakers, including scandal-tarnished former Prime Minister Boris Johnson, jockeyed for support Friday to become the …

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  Pound rises as Liz Truss announces resignation

  BBC News - By Nick Edser & Michael Race

  The pound rose against the dollar and government borrowing costs dipped as the markets reacted to Prime Minister Liz Truss's resignation. Sterling hit $1.13 as Ms Truss made her announcement and rose higher in the afternoon before falling back to $1.12. One analyst said investors were "relieved" by …

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  What's Next After Truss?

  

  Curated byFlipboard UK

  Britain's government once again finds itself facing a leadership contest after Liz Truss resigned today, becoming the shortest-serving prime minister in UK history. During her 45-day tenure, she announced the biggest tax cuts in 50 years which tanked the pound and left the economy in turmoil. Now, talk has quickly turned to a replacement, with former rival Rishi Sunak expected to be in the running and speculation rising over the return of scandal-hit ex-PM Boris Johnson. Here's what to expect.