Liz Truss

UK not alone in risking another ‘Liz Truss moment’, says Ashmore CEO Coombs

Global debt balloons to about US$74 trillion as governments and companies ramp up borrowing

“I definitely have unfinished business. Definitely. And I think the Conservative Party has unfinished business,” former PM Liz Truss told LBC Radio.

Ex-British PM Truss refuses to rule out fresh leadership bid

Liz Truss, prime minister for just 49 days before being ousted over her disastrous tax-cutting mini-budget, on Monday (Apr 15) refused to rule out putting herself forward again to lead Britain’s Conse...

Former British Prime Minister Liz Truss spent just 49 days in office before she was ousted by her own party in October 2022 after her disastrous mini-budget spooked financial markets and sank the pound.

Undeterred ex-PM Truss to launch new UK Tory grouping

LIZ Truss may have flopped as UK prime minister, but she remains on the political stage, this week launching a new movement that aims to push the ruling Conservatives rightwards.

Liz Truss has remained on the fringes of UK politics following her short, disastrous term as prime minister, but her comments echo concerns held by other members of the Tory party.

Ex-prime minister Truss blames UK stagnation on groupthink

FORMER British Prime Minister Liz Truss is set to blame the UK’s anemic growth on too much “economic consensus,” while claiming that she would have spent £35.5 billion (S$60 billion) less during the c...

Former British Prime Minister Liz Truss issued guarded regrets in her first broadcast TV interview since she was ousted in October after just 49 days.

UK’s Truss admits to ‘mistakes’ – but blames enemies

BRITISH former prime minister Liz Truss on Thursday conceded to “mistakes” over her disastrous short-lived tenure last year – but blamed the economic “establishment” for torpedoing her policies.

Kwasi Kwarteng (left), appointed finance minister after Liz Truss (right) succeeded Boris Johnson, made a series of unfunded tax cut announcements in late September as the UK faced a rate of inflation of more than 10 per cent

Britain’s ex-finance minister Kwarteng told Truss to ‘slow down’ tax cuts

BRITAIN’S former finance minister in Liz Truss’s short-lived government said in an interview Thursday he had warned the ex-premier to “slow down” her tax cuts that triggered economic turmoil, leading ...

A journalist reporting from outside 10 Downing Street in  London on Oct 21.  Whoever becomes the UK’s next leader will have to deal with an economy that is in a critical state.

Britain could learn identity of new PM as early as Monday

The bookmakers are banking on a two-horse race between Boris Johnson and Rishi Sunak

At the top of the list of concerns for business is the energy support package, a policy backed by the outgoing prime minister.

UK business bemoans more upheaval after Truss’ departure

UK business is facing up to the reality that Liz Truss’ departure after only 45 days as prime minister complicates an already tricky environment. High inflation, rising borrowing costs and persistent ...

A newspaper, featuring an image of former British Prime Minister Boris Johnson, rests on a fence outside 10 Downing Street in London, October 21, 2022.
PERSPECTIVE

The ruination of Britain

For the fiasco of the Truss premiership and the country’s disastrous state, the Conservative Party must collectively take responsibility.

Former British finance minister Rishi Sunak has emerged as an early favourite to succeed Liz Truss.

UK Tory rivals open truncated leadership race

CONTENDERS bidding to succeed Prime Minister Liz Truss were Friday to open a hectic weekend of campaigning, but opposition parties demanded that UK voters get their own say to end months of political ...