Britain’s economic slump: Does the fault lie with Brexit?


Source: thehill.com thehill.com

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With its economy in tatters, England is not having its finest hour. It is a time of transition for the United Kingdom, with a new monarch and a new prime minister. Not since Churchill took office in the dark days of May 1940 has a British prime minister faced so much uncertainty in the opening days of an administration. No sooner had the official period of mourning for Queen Elizabeth II come to a close than the announcement of Prime Minister Liz Truss’s economic plan, known as “Trussonomics,” sent stock markets reeling, interest rates soaring and the pound tumbling to...