No Margaret Thatcher? UK PM Truss's tax cuts trigger market mayhem

There is a run on the pound and panic in the markets over the UK's biggest tax cut for the rich in half a century. New Prime Minister Liz Truss is taking the concept of "going for broke" to a whole new level, with an almighty gamble that the deficit will take care of itself once all the investment pours in.

Sep 29, 2022 - 10:48
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No Margaret Thatcher? UK PM Truss's tax cuts trigger market mayhem
There is a run on the pound and panic in the markets over the UK's biggest tax cut for the rich in half a century. New Prime Minister Liz Truss is taking the concept of "going for broke" to a whole new level, with an almighty gamble that the deficit will take care of itself once all the investment pours in.