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View Full Version : The last UK budget nearly crashed the economy. It's still stuck in the doldrums


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03-15-2023, 02:25 PM
The last time a British finance minister unveiled a "budget for growth," UK financial markets crashed and mortgage rates shot up, threatening to tip an already weak economy into a deep recession. Kwasi Kwarteng was out of office within weeks, to be followed shortly by his boss, former Prime Minister Liz Truss.

More... (https://www.cnn.com/2023/03/15/economy/jeremy-hunt-uk-spring-budget/index.html)