This post was originally published on Michael West.
UK ‘hours’ from meldown after mini-budget
The UK was just hours from potential total financial meltdown after Prime Minister Liz Truss’s disastrous mini-budget, the governor of the Bank of England has confirmed. Andrew Bailey said the bank was forced to step in “quickly” and “decisively” to mitigate a “very real threat to financial stability” after markets were spooked by the calamitous […]