‘It was really, really important’: Truss on UK’s mini-budget amid economy woes

‘It was really, really important’: Truss on UK’s mini-budget amid economy woes

British Prime Minister Liz Truss said on Friday she recognised there had been some financial market disruption following the government’s so-called mini budget and that it was important monetary and fiscal policy are coordinated. Truss has so far argued market turbulence following the announcement of planned tax cuts a week ago is a result of global problems caused by the Russian invasion of Ukraine, and that she would stick to her plan to try to boost growth. The Bank of England’s chief economist, Huw Pill, said on Thursday there was…

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