Liz Truss’s tired market mantras mask plans for a remarkable state intervention

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 98%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

New PM set to freeze energy bills for 18 months at a cost of more than £100bn to the exchequer

British prime minister Liz Truss delivered a dreary echo of Churchill with the promise of 'action this day' on the economy. Photograph: Daniel Leal/Getty ImagesDodging a downpour as she entered Downing Street on a stormy day in London, Liz Truss kept her speech short and mostly free of rhetorical flourishes. It included a dreary echo of Churchill with the promise of “action this day” on the economy and the puzzling observation that Britain “was built by people who get things done”.

For a politician who has portrayed herself as an economic liberal who wants to shrink the state, it will be a remarkable act of state intervention in the economy Given the scale of the challenges and the severity of the storm she spoke of, Truss might be wise to avoid making it worse by provoking a trade war over the Northern Ireland protocol

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The tuck-fards in Ireland should think about something similar.

Ireland Ireland Latest News, Ireland Ireland Headlines