Plunging pound and crumbling confidence: How the new UK government stumbled into a political and financial crisis of its own making
- Written by David McMillan, Professor in Finance, University of Stirling
The hard hats likely came in handy recently for Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng.Stefan Rousseau/Pool Photo via APThe new British government is off to a very rocky start – after stumbling through an economic and financial crisis of its own making.
Just a few weeks into its term on Sept. 23, 2022, Prime...