On Sept 23rd last year, the UK announced a so-called ‘mini budget’. It was a tax-cutting blueprint that threw caution to the wind. Within hours the markets had signaled that it would simply not wear the extra borrowing and within a month Prime Minister Liz Truss was gone.
Now a more cautious chancellor Jeremy Hunt takes to his feet today and his job in many ways is to undo the damage caused by his predecessor and reassure investors that Britain is not an economic basket case.
But can he do it amid falling confidence and such global uncertainty?
For more on this Joe spoke to Neil Shah a Director with Edison.