45 days of power, zero insight: Liz Truss takes stock – and sees herself as the victim of a plot
Her name stands for shattered trust in financial markets. Now the short-lived British prime minister wants to save her honour with a book.
Liz Truss, the former UK Prime Minister, has written a book titled "Bank Job" in an attempt to clear her name after her 45-day tenure in 2022 was marked by a sudden and drastic loss of investor confidence in the UK's fiscal policy. Truss attributes the market turmoil to a "conspiracy" by the Bank of England and other powerful figures, including former Prime Ministers Tony Blair and Gordon Brown, and claims that the central bank's actions exacerbated the crisis.
Her account blames the Bank of England for not disclosing its plans to sell government bonds, which contributed to a sharp increase in interest rates. The book has received scathing reviews, with some critics calling it "the most ridiculous thing I've read".
Written by urgent.news from NZZ Wirtschaft's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
