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A Head of Lettuce Outlasted British PM Liz Truss

The Breakdown

00:00

Trust's Big Policy Announcement - The Biggest Tax Cut Ever

The UK had become the first major economy to hit double-digit inflation in the post-COVID era. The Bank of England estimated that inflation would hit 13-14% after those restrictions were eased, and major investment houses were guessing even higher. Britain has been particularly impacted by restrictions to the flow of liquefied natural gas stemming from sanctions following Russia's invasion of Ukraine. 85% of British households use gas for heating, which is the most in Europe outside of Italy.

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