1. Playing with fire.
- Subjects
- *
BOND market , *TAX cuts , *PRICE inflation ,ECONOMIC conditions in Great Britain, 1997- ,BRITISH economic policy - Abstract
The article discusses economic conditions of Great Britain and the government's failure to deal with gilt market under the leadership of Prime Minister Liz Truss. It mentions that how Kwasi Kwarteng, the chancellor of the exchequer, announced the biggest tax cuts in half a century with no hint of how he would pay for them, the markets have been in varying states of turmoil. It also mentions the country's debt interest, national income and the impact of inflation on the country.
- Published
- 2022