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Liz Truss

  • Lord Frost to head up IEA think tank

    November 7, 2025

    David Frost has been made the director general of the Institute of Economic Affairs (IEA) in a move the right-leaning think tank has said will herald a “new chapter” for the organisation. Lord Frost, the former cabinet minister best known for spearheading the UK’s Brexit negotiations under Boris Johnson, will be responsible for driving the [...]

  • Investors: brace for a breakdown in UK gilts

    July 23, 2025

    Because the UK government is politically unable to pass necessary fiscal reforms, a bond market crisis is now the most likely catalyst to force the essential but painful spending cuts required to stabilise the nation’s finances, say Peter Spiller and Emma Moriarty In the aftermath of the euro area debt crisis, Jean-Claude Juncker, then Prime [...]

  • Starmer urged to ‘be honest’ about tax plans as business confidence slumps

    July 10, 2025

    Business confidence has slumped to a three-year low as a “cocktail of costs” including higher taxes and tariff threats pour cold water on Keir Starmer’s claims of rising corporate optimism.  The prime minister told MPs on Wednesday afternoon that business confidence had hit a nine-year high, citing a recent Lloyds Business Barometer, which typically reveals [...]

  • Something fiscal this way comes: Reeves haunted by ghosts of Truss and the OBR

    July 10, 2025

    Haunted by the legacy of Truss and bound by the warnings of the OBR, Chancellor Rachel Reeves now faces a political and fiscal tragedy of her own, as internal rebellion and economic risks threaten her grip on stability, says Helen Thomas OBR, OBR, wherefore art thou OBR? The three letter acronym that oversees government finances [...]

  • Rishi Sunak will donate Goldman Sachs salary to charity

    July 8, 2025

    Former Prime Minister Rishi Sunak has rejoined Goldman Sachs as a senior adviser, adding to post-government roles he holds while still sitting as an MP, though his salary from the investment banking giant will be donated to a maths charity. Sunak worked at Goldman Sachs as a summer intern in 2000 and as an analyst [...]

  • Labour go on about Liz Truss but are repeating all Rishi Sunak’s mistakes

    July 8, 2025

    Too many in Labour congratulate themselves for rescuing the country from Liz Truss, forgetting that Rishi Sunak and Jeremy Hunt did most of the work. No wonder backbenchers are angry about a policy platform that’s barely distinct form their Tory predecessors, says Will Cooling There’s no shortage of things that have gone wrong with the [...]

  • Gilts back to where they were before Rachel Reeves’ tears

    July 3, 2025

    UK government bonds have settled back to prices seen before Rachel Reeves was seen crying at PMQs as bond markets were soothed by Keir Starmer’s warm words about the chancellor.  The prime minister said Rachel Reeves was a “great colleague” and re-affirmed she would be the chancellor for “a very long time to come”.  Bond [...]

  • Can Kemi Badenoch woo the City?

    July 1, 2025

    The Conservative leader sits down with City AM’s City editor, Simon Hunt. The Labour government is gearing up for an anniversary. On 5 July, the party will have completed its first full year in office since it was kicked out in 2010. Having won last summer’s general election with a thumping majority of 411, Sir [...]

  • The centre-right is in retreat across Europe: here’s how to restore it

    June 19, 2025

    The centre-right dominated post-war European politics, but those days are over. To beat populist insurgents, conservatives must remember the ten Cs, says Joe Harrison Squeezed between Labour and Reform, the Tories are in a desperate struggle for political breathing room. It is tempting to pin this relevance crisis on past blunders – Liz Truss’s infamous [...]

  • Free Thinking: Mel Stride on Farage’s ‘fantasy’ economics and why Tories are different

    June 13, 2025

    City AM's Opinion and Features Editor sits down with Shadow Chancellor Mel Stride for a very special episode of Free Thinking.

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