On 29 September, the Bank of England (BoE) suspended its plans to tighten monetary policy and bought £1 billion in government bonds to stabilize the nation’s debt and pension markets after new prime minister Liz Truss announced her government would initially borrow more than £72 billion to subsidize household energy bills.
Tag: Truss
Post
TRUSS COMES OUT OF ‘HIDING,’ SAYS, ‘PUTIN MUST FAIL’ IN UKRAINE
Liz Truss, the British prime minister, took to Twitter on Wednesday to announce that she spoke with Ukrainian President Volodymyr Zelensky on the phone to promise “steadfast” support and refusal to never recognize Russia’s “sham referendums.” “I thanked him for helping secure the release of 5 British nationals & discussed ways to protect [Ukrainian] gas...