Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Larry Elliott

After the mourning, Truss and Kwarteng could find themselves on a sticky wicket

liz truss and kwasi kwarteng
Truss and Kwarteng are frustrated by the economy’s lack of vim in the 15 years since the global financial crisis. Photograph: Toby Melville/Reuters

Crunch time will come quickly for Liz Truss. After 10 days of national mourning to mark the death of Elizabeth II, Britain’s economic problems will return to centre stage this week. On Thursday the Bank of England announces its latest decision on interest rates. The following day Kwasi Kwarteng’s debut as chancellor will be the latest in a string of mini-budgets. Both will be significant occasions.

In one sense, Truss has benefited from attention being on the monarchy rather than on politics during her first two weeks in the job. She has been able to settle in at Downing Street and think about what to do with her new-found power. In cricketing parlance, the prime minister has had time to play herself in.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.