Nigel Farage has compared the fallout from Donald Trump’s tariffs to the market chaos sparked by Liz Truss and her mini-budget. The Reform UK leader said the US president “did too much, too soon”, ...
The UK is in a “very different world” compared to the turmoil which followed Liz Truss’s economic plans, a minister has said as the Government seeks to quell post-Budget market jitters. The scale of ...
Donald Trump has alarmed the financial markets with his “beautiful” package of tax cuts, which are expected to balloon the US Government deficit. The move has angered Elon Musk who warned it will ...
In 2022, former U.K. Prime Minister Liz Truss announced radical economic measures, including deep tax cuts and billions of pounds of spending even as surging government debt called for fiscal prudence ...
The Bank of England on Tuesday announced a new emergency measure to deal with debt-market instability like that seen during Liz Truss’s brief tenure as prime minister in 2022. During Truss’s 49-day ...
Liz Truss resigned as U.K. prime minister after her plan for huge tax cuts caused market turmoil. (Tayfun Salci/Zuma Press) One year ago today, the British pound appeared headed for the ...
US bond yields are surging, risking a stock market decline similar to 2022, according to Apollo's Torsten Slok. The Apollo economist said President-elect Donald Trump's spending plans could spark a ...
The US is the closest thing to a global superpower we have. And that means when its leaders are in the grip of excessive overconfidence — similar to that seen in the UK’s 2022 Liz Truss meltdown — ...
Yields on U.S. Treasuries rose Wednesday as investors sold government bonds, usually a haven. In Britain, a sustained version of that trend in 2022 led to a prime minister’s downfall. By Mark Landler ...
Japan’s bond market is facing a potential Liz Truss moment as the risk of a ruling coalition defeat in Sunday’s election fuels concerns over fiscal policy, according to SMBC Nikko Securities Inc.