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Britannia unhinged

Britannia unhinged

The Slow Newscast • S1, Episode 170

Britannia unhinged

When Liz Truss arrived in Number 10 in early September she promised to usher in a new era. Exactly what that meant became clearer when her chancellor, Kwasi Kwarteng, delivered a fiscal statement to the commons on 23 September. In the wake of the statement sterling slumped against the dollar, the cost of borrowing soared and some pension funds came close to going bust. What we’ve tried to piece together is what happened in those 17 days from the moment Kwasi Kwarteng arrived at the Treasury to the moment he got to his feet in the House of Commons.

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