‘Cease and desist’ letter accuses British PM of making ‘false and defamatory’ claims on Truss’ disastrous 2022 mini-budget
Former UK prime minister Liz Truss has claimed that when she tried to slash taxes and regulation she was 'undermined by the economic establishment'. Photograph: Hollie Adams/Bloomberg via GettyThe former prime minister sent a six-page “cease and desist” letter accusing Mr Starmer of harming her reputation and contributing to her losing her South West Norfolk seat in last year’s
‘It’s like Wall Street in the 1980s’: consolidation of Westminster’s clerical rag trade raises the spirits of some In a video, Ms Truss claimed that when she tried to slash taxes and regulation she was “undermined by the economic establishment” and “smeared by the Labour Party and by members of my own party for having crashed the economy”. She accused Britain’s chancellor of the exchequer Rachel Reeves of having “pushed this country to the brink of economic crisis” with her policies.
When the value of government bonds dropped dramatically after the disastrous mini-budget, pension trustees were forced to sell their holdings at speed to raise cash, which further drove down the value of bonds, creating a “doom loop”.
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