Take a Chancellor on Me: Unpacking Kwarteng and Truss's Big Gamble
The Bunker – News without the nonsense
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Is Thatcher Really Surprised?
I think they seemed genuinely surprised by the reaction. If they're pursuing a policy that they expected would cause a maelstrom in the short term, I wouldn't expect this level of surprise. It seems to me they thought they were going to be hailed as conservative heroes by the markets. So you're now in such a situation that it's really unclearWhat should the central bank do? The clearest thing you've got to do is to scrap this and start again.
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