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Benzinga
Benzinga
Business
Mark O'Donnell

The GBP In The Rein Of King Charles

Elizabeth Truss Liz Truss Queen Elizabeth II United Kingdom Bank of England CNBC

The death of Queen Elizabeth II on Sept. 8 beaconed a new era for the UK, coming on the heels of Elizabeth Truss taking office as prime minister and heralding the proclamation of King Charles as the new monarch. 

These changes could be overwhelming for a country that has known only one monarch for 70 years. Even more daunting is that these changes happened amid economic uncertainties, the energy problems affecting Europe and before full recovery from the COVID-19 pandemic has been truly achieved. 

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