Article 677XR In 2022 Liz Truss tried to bin economic orthodoxy – but what is it?

In 2022 Liz Truss tried to bin economic orthodoxy – but what is it?

by
Larry Elliott Economics editor
from on (#677XR)

Rishi Sunak soon rowed back from his predecessor's chaotic experiment, reasserting the seven pillars of UK Treasury wisdom

It was all over for Liz Truss's war on economic orthodoxy the moment she decided to summon Kwasi Kwarteng back from the annual meeting of the International Monetary Fund in Washington.

If the sacking of the Treasury's top mandarin, Sir Tom Scholar, marked the beginning of the campaign against Whitehall beancounters, then the end came when Jeremy Hunt became the fourth chancellor of the exchequer of 2022.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments