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The Guardian - UK

Politics

Esther Addley

Nothing to see here: Truss allies’ curious excuses for financial meltdown

United States Kwasi Kwarteng Vladimir Putin Andrew Bridgen Liz Truss Bank of England Crispin Odey Sir Keir Starmer

Liz Truss and Kwasi Kwarteng. The current crisis is, apparently nothing to do with them. Photograph: Dylan Martinez/Reuters

Who or what could be to blame for the wild economic turmoil that immediately followed Kwasi Kwarteng’s mini-budget on Friday?

Some – such as the IMF, US Federal Reserve officials, a former US Treasury secretary, many leading bankers and economists, and a number of Tory MPs – think the two events are directly related.

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One subscription that gives you access to news from hundreds of sites

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