QUEEN Elizabeth offered new Prime Minister Liz Truss pearls of wisdom days before her death - which the shortest serving premier ignored - her memoir reveals.
When the pair met, two days before the Queen passed away at Balmoral, the monarch advised her 15th PM to "pace yourself". It was something Tory Ms Truss failed to do, sparking economic chaos.
In the weeks that followed, Ms Truss unveiled a mini-budget consisting of £45billion of unfunded tax cuts that triggered a domestic financial crisis and the end of her tenure as head of the Government.
The pound spiralled to its lowest rate against the dollar, the Bank of England had to spend heavily to stop a meltdown in the bond market, while mortgage rates and borrowing costs soared.
This story is from the April 10, 2024 edition of Daily Express.
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This story is from the April 10, 2024 edition of Daily Express.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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