Reversing managed decline was Liz Truss’s message. Almost exactly a year ago, the shortest-serving prime minister in British history told the story of a nation chained by mediocrity, going nowhere fast and wallowing in a low-growth mire.
This week marks the anniversary of her catastrophically failed attempt to change course in a mini-budget that crashed the pound, punished mortgage holders and destroyed her party’s reputation for economic competence in one fell swoop.