Kwarteng became the second shortest-serving chancellor of the exchequer, as the British finance minister is known.
“The financial crisis the U.K. currently finds itself in was unfortunately avoidable,” George Dibb, head of the Centre for Economic Justice at the Institute for Public Policy Research, a London think tank, told NBC News Saturday.to cut taxes for those earning more than 150,000 pounds a year .Britain's Prime Minister Liz Truss at a news conference on Friday.
On Tuesday, the bank said it intervened to stop a “fire sale.” Crucially, the bank’s bond-buying program was set to end Friday, meaning the government had to convince markets its economic plan was sound enough to avoid further chaos.
Truss Is A Fascist Dictator
Truss Is A Disaster
Another One Bites The Dust 🎶 🎶 🤦♀️ 🇬🇧 TrussIsToast
LW media needs to emphasize more how every single country is dealing with inflation now, it's not unique to USA, not dems fault. EX: if not for bits like ARP, we wouldn't be wondering if 'maybe' we'll have recession, we'd likely already be in DEPRESSION
Translation: Social Cuts for the majority, tax cuts for The 1%
NBC News fails to understand Cockney rhyming slang 🤣