Truss, Elizabeth (1975- ) – Page 4

Markets Approve of U.K.’s Reversal of Tax Cuts

The British pound and government bonds rose after the country’s new finance minister overturned nearly all the proposals by Prime Minister Liz Truss.

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Conservative Party (Great Britain) Government Bonds Great Britain Hunt, Jeremy Income Tax Kwarteng, Kwasi Politics and Government Truss, Elizabeth (1975- )

New U.K. Finance Minister Pulls Back Further on Fiscal Plan

Jeremy Hunt, the new chancellor of the Exchequer, announced a sweeping reversal in an effort to steady the markets and reduce the pressure on Prime Minister Liz Truss.

By Mark Landler and Stephen Castle

Bank of England Banking and Financial Institutions Government Bonds Great Britain Hunt, Jeremy Politics and Government Truss, Elizabeth (1975- )

British Pound and Bond Prices Rise as New Chancellor Accelerates Tax Plans

Jeremy Hunt, Britain’s new top finance official, said he would bring forward by two weeks measures to “support fiscal sustainability.”

By Eshe Nelson

Bank of England Banking and Financial Institutions British Pound (Currency) Government Bonds Hunt, Jeremy Inflation (Economics) Interest Rates Truss, Elizabeth (1975- )

After Weeks of Turmoil, UK Markets Face Another Test on Monday

Investors will get to weigh in after the Bank of England ended its bond market intervention and the bank’s governor offered conciliatory words over the weekend.

By Eshe Nelson