Home » UK still suffering from trauma of Liz Truss, says Treasury chief

UK still suffering from trauma of Liz Truss, says Treasury chief

Darren Jones says ‘we’ve all got PTSD’ after Truss’s 2022 mini-budget, amid market jitters after this week’s budget

The chief secretary to the Treasury has claimed the UK is still suffering from the trauma of Liz Truss’s economic mismanagement amid market jitters after this week’s budget.

Darren Jones insisted “we are in a very different world” from the market panic that followed Truss’s mini-budget two years ago, despite a slight rise in government borrowing costs and a drop in the value of the pound in the past 48 hours.

Continue reading… The Guardian Read More Darren Jones says ‘we’ve all got PTSD’ after Truss’s 2022 mini-budget, amid market jitters after this week’s budgetThe chief secretary to the Treasury has claimed the UK is still suffering from the trauma of Liz Truss’s economic mismanagement amid market jitters after this week’s budget.Darren Jones insisted “we are in a very different world” from the market panic that followed Truss’s mini-budget two years ago, despite a slight rise in government borrowing costs and a drop in the value of the pound in the past 48 hours. Continue reading…