UK Think Tank Warns Budget Tax Avoidance Could Spark 'Truss Shock' Repeat

The warning suggests that eschewing significant tax hikes in the forthcoming UK budget may reignite market instability seen during Liz Truss’s tenure.

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Terms & Concepts
  • Truss Shock: A period of financial market turmoil in the UK triggered by policies under former Prime Minister Liz Truss.