Liz Truss must choose between a fiscal U-turn and a housing crash
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The intellectually confident Chancellor will rely on his own instincts rather than economic advisers. But that may be his downfall.
Analysts expect Bank of England to convene meeting to raise rates with further increase in November
Bank of England forced to issue emergency statement after UK leader’s mini-budget triggers market turmoil.
Colleagues ask if the new PM and chancellor Kwasi Kwarteng’s experiment is ‘a stroke of genius – or will blow up the economy’