UK's shortest-serving PM Liz Truss blames economic 'orthodoxy' for downfall


  • World
  • Sunday, 05 Feb 2023

FILE PHOTO: British Prime Minister Liz Truss announces her resignation, outside Number 10 Downing Street, London, Britain October 20, 2022. REUTERS/Henry Nicholls

LONDON (Reuters) - Former British prime minister Liz Truss blamed on Sunday the economic "orthodoxy" in the country's finance ministry, other nations and in parts of the governing Conservative Party for derailing her premiership and "plan for growth".

Truss's tenure was cut short last year after her largely unfunded mini budget and tax cuts pushed up borrowing costs and mortgage rates, sent the pound tumbling and shattered Britain's reputation for financial stability.

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