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Liz Truss: 'Maybe I should have listened to the Queen'
Daily Express
|April 10, 2024
49-day PM says the late monarch advised her to pace yourself’
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.
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