How the Tories wrecked the economy in seven days

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How the Tories wrecked the economy in seven days
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We looked into how the Tories wrecked the economy in just seven days 👇

A top economist with UBS Global Wealth Management described investors as looking at the Conservatives as a “doomsday cult” and said the party was “extreme” in its free-market ideology.

Tuesday Senior Tories become bullish about their radical plans, with party chairman Jake Berry accusing critics of not believing in Britain. In perhaps the most dramatic event in a crowded field, the International Monetary Fund urged the UK Government to change course. In a statement, it said: “Given elevated inflation pressures in many countries, including the UK, we do not recommend large and untargeted fiscal packages at this juncture, as it is important fiscal policy does not work at cross purposes to monetary policy. Furthermore, the nature of the UK measures will likely increase inequality.

She struggles to find the words to answer concerns about mortgages, interest rates and the overall stability of the economy. It is regarded by most as a series of car-crashes, with Labour’s Angela Rayner quipping she had “broken her long painful silence with a series of short painful silences”.

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