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Foreign Sec-Ditching PM Would Be Disastrous To Economy & Country

UK

Speaking to the BBC, Foreign Secretary James Cleverly states that removing PM Liz Truss and replacing her “would be a disastrously bad idea for the economy and the country”.

  • Cleverly: 'We are going to stick with the plan to grow the economy'.
  • Cleverly: ‘We are seeing the start of improvements we want to see [in bond markets].’
  • Rather than the answer, it is the fact that such a senior minister is openly defending a PM from calls to resign or be ousted after just over a month in office that could be the clearest signal of major ructions evident within the governing Conservative Party.
  • Expectations now growing of a U-turn on the fiscal event's other tax cuts, despite denials from Treasury ministers yesterday.
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Homepagemarkets-real-timePolitical Market NewsPolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

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