Excerpts were released over the weekend and include a scathing view of Britain’s financial establishment. She describes the Treasury, the Bank of England and the Office for Budget Responsibility (OBR) as a “three-headed hydra” that “wanted to stick as closely to EU law as possible.” But the now-backbench MP went further in the interview, saying … Read more
Laura Trott, Hunt’s deputy at the U.K. Treasury, has dismissed allegations of foul play as “an excuse to try and wriggle out of Labour’s disastrous £28 billion of unfunded spending.” But in truth Treasury ministers have always looked for ways to hobble their successors — especially in the run-up to an election. George Osborne, the … Read more
Press play to listen to this article Voiced by artificial intelligence. LONDON — Rishi Sunak will need to watch his step this year. The U.K. prime minister faces a succession of tripwires that will make his second (and potentially last) full year in the job the toughest yet. With MPs returning to parliament Monday and … Read more
