Kwasi Kwarteng’s market meltdown
Political Fix
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Is There a Lack of Experience to Deal With a Crisis Like This?
Before she became PM, the worry was they would hit a major crisis. And it really feels as if both teams in number 10 and in number 11 just don't have enough experience to deal with a crisis of this magnitude. The Treasury, as Chris was mentioning, don't have a permanent secretary. We don't even have a second permanent secretary. That job hasn't been filled either. So you've got a Treasury ministerial team who says no more than two months of experience but are embarking on a completely different and radical economic strategy. They're all learning on the job very quickly. It does feel as if they're not the most experienced people in government. There's a total lack of
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