‘Where is the torrent of bubbling, excited commentary, the urgent debates in the Commons for Rishi Sunak and Jeremy Hunt?’ asks Andrew Marr
Speaking on Tuesday's Tonight with Andrew Marr, Andrew said: “Something funny's going on. Think back, if you can, to September. Liz Truss was prime minister and Kwasi Kwarteng was Chancellor. They were pursuing a hell for leather, growth or bust policy of unfunded tax cuts. And in the end it was bust.
“So where is the torrent of bubbling, excited commentary, the urgent debates in the Commons, the questions about whether the prime minister and Chancellor will survive? “So it's not as if this is an abstract story: it's something that affects families right across the country. And the markets are behaving like this and making guesses about the bank, because underlying inflation, driven by wage increases, now above 7% in the private sector, has been much harder to push down in Britain than in other countries.
“Perhaps the difference is that in the autumn, the markets thought the government was trying to do something batty and impossible; Britain faced a situation when the markets might simply stop borrowing our debt at all and, civil servants at the time believed, drive the country to literal bankruptcy.“International finance hasn't lost its trust in Rishi Sunak's or Jeremy Hunt's grasp of reality.
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