so they really are looking for some political and economic stability. well, for now, markets are calm. but investors say any mis step in appointing a new leader could see the uk plunged back into financial crisis a place in uk political history as the shortest serving prime minster ever. she lasted just 44 days in office before announcing her resignation yesterday. but she s also contributed another record to the english language. the shortest lived economic catchphrase. we started using the term trussonomics just six weeks ago. a plan for a low tax, low regulation, high growth britain by liberated by brexit. with the phrase and its policies now on the scrapheap, our business editor simonjack takes a look back at the rapid rise and fall of trussonomics. can we afford these tax cuts, chancellor? the road to liz truss demise arguably started here the not so mini budget that she and her chancellor announced with great fanfare. and i commend it to the house. trusso
days of liz truss premiership, doubt has been cast over the involvement of various institutions in the economic future of this country. how lasting that be, and how much is the reputation of britain dependent, or hinged upon, the chancellor and whoever he is currently paired with, with whoever becomes the new prime minister? , ., whoever becomes the new prime minister? ,., ., , minister? right, so there was an institutional minister? right, so there was an institutional scorched - minister? right, so there was| an institutional scorched earth policy during the course of the summer. the negative briefing against the independent bank of england, the sidelining of the office for budget responsibility, which does the oversight and costing of the uk government s tax and spending measures, and then also on pretty much day one, day two of trussonomics we have the sacking of the top treasury civil servant. together that looked like a package of putting one side of the checks and balances, so