Reforming European Union insurance rules to release billions of pounds of capital is a key part of the UK government's program to boost the economy. The
Markets were on fire this week and while investors wanted reassurance all they got was a Margaret Thatcher tribute act. Liz Truss’ backers reckon she had the right idea but fluffed the execution. Critics say Britain is in dire trouble.
The Bank of England had to step in Wednesday after markets deemed a new government economic plan unwise, but the pound has been on a longer slide.Credit.Suzie Howell for The New York TimesSupported bySend any friend a storyAs a subscriber, you have 10 gift articles to give each month. Anyone can read what you share.By