It was a year ago this weekend that Liz Truss sacked her chancellor, Kwasi Kwarteng, over the fallout of their ‘growth plan’. This marked the beginning of the end of Truss’s premiership: she then appointed Jeremy Hunt to the role, and he swiftly dismantled almost every part of her infamous mini-Budget.
Since leaving No. 10, Truss has been quick to return to the political spotlight, writing comment pieces for national papers, giving interviews, making speeches and interventions – and launching a Growth Commission through which she continues to take the Office for Budget Responsibility to task. But just as Truss continues to make her views known, so do her critics.
One of those critics is Andrew Bailey, the Bank of England’s Governor. Speaking at the International Monetary Fund and the World Bank’s annual meeting in Marrakesh this morning, Bailey was keen to draw comparisons between the economic landscape this time last year and today.
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