Posts in Nigel
No.257 - Where is Liz Truss?

Where is Liz Truss? Where is Kwasi Kwarteng? The pound has lost 21% of its value this year. On Monday it reached its lowest level ever against the US dollar at $1.03. Yields on ten year government gilts rose to 4.2%. Mortgage lenders have closed their doors to new customers. Our new government has crashed into the wall called ‘reality’. No one trusts it. Not the markets, not the people, not the Tory Party itself. And what do we hear from Truss and Kwarteng? Absolutely nothing! Zilch!

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