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World

Is there anything left of Trussonomics?

15 October 2022

4:18 AM

15 October 2022

4:18 AM

After two major U-turns over last month’s mini-Budget and the sacking of a chancellor, what’s left of Liz Truss’s economic agenda? Parts of it remain intact. But it’s now shaping up to be significantly different from what the Prime Minister intended when she entered Downing Street.

The key assumption behind Trussonomics as it was developed during the leadership race was that the markets would be delighted to lend to the government, on the cheap, to see through its tax-cutting, growth-stimulating agenda.

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