The UK's mini-budget U-turn spells doom for trickle-down economics

The UK's mini-budget U-turn spells doom for trickle-down economics

Malaysia Sun-Business·2022-10-21 05:05

The Truss government's reversal marks the end of radical supply-side economic policy for the world

Outgoing British Prime Minister Liz Truss landed in dire political straits after only six weeks in power. A YouGov poll of Tory members, conducted right before she announced her resignation on Thursday, found that the majority of respondents believe the beleaguered PM should indeed resign. Her predecessor, Boris Johnson, was on the top of the list of candidates seen fit to replace her.

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