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Liz Truss is set to become UK prime minister this week with her plan to turbo charge the economy by slashing taxes already worrying investors amid d. ....
Should Ms Truss win, she will inherit inflation at 10.1 per cent and on track to breach 20 per cent for the first time since 1974. Read more at straitstimes.com. ....
LONDON: The Bank of England (BoE) (pic) should “hand over the keys” of quantitative tightening to the government when it begins to actively sell gilts back to the market, according to Bank of America Corp strategists including Mark Capleton. ....