Good morning.
You’ve got to hand it to her, Liz Truss has managed to pack a lot into six short weeks as prime minister. And yet, with every passing moment, it seems her position becomes more precarious. Let’s quickly recap: a change of monarch, a “fiscal event” that caused the pound to plunge and government bonds to go into freefall, forcing the Bank of England to step in to undo some of the damage, and now a new chancellor.
