10min chapter

The Rest Is Money cover image

54. The Liz Truss Interview: Who Killed Liz Truss? (Part 4)

The Rest Is Money

CHAPTER

Unforeseen Financial Crisis Unfolds

A chain of events triggered a financial crisis as a mini-budget announcement leads to forced sales of gilts by pension funds, catching even senior Bank of England officials off guard. The chapter examines the aftermath, highlighting the failure to address risk before a government bonds sale and the repercussions of the crisis.

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