Britain’s bond crisis reverses over the government
Viewsroom
Reuters
4.4 • 58 Ratings
🗓️ 20 October 2022
⏱️ 14 minutes
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| 0:00.0 | Where do you find a clear signal in a world of static? |
| 0:03.2 | In a time of rapid change, cut through the noise. |
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| 0:26.0 | news. |
| 0:29.7 | We remain completely committed to our mission to go for growth, but growth requires confidence and stability, which is why we are |
| 0:40.3 | taking many difficult decisions starting today. That was Britain's finance minister, Jeremy Hunt, |
| 0:46.6 | rowing back on his predecessor's unfunded tax cuts that sparked a debt crisis in the UK. The political |
| 0:52.8 | drama that is currently unfolding is the focus |
| 0:55.4 | of this week's views room. Welcome back to the views from Reuters' breaking views where columnists |
| 1:01.4 | from around the world talk about the big stories of the week. I'm your host, Amy Donnellin, |
| 1:05.9 | coming to you from London. Last Friday, Britain's finance minister, Guasi Quartain, was forced out after investors |
| 1:13.5 | took fright over his plans to roll out a mammoth energy support package and reduced taxes on the |
| 1:18.6 | wealthiest Britons as well as corporations. But there's a new sheriff in town now. Jeremy Hunt has |
| 1:23.4 | taken the financial reigns of Britain and is pouring cold water on Prime Minister Liz Truss's |
| 1:27.9 | growth plans. After such a humiliation, can trust survive? What does the new plan mean for Britain's |
| 1:33.0 | government debt? And are there any radical solutions to this political instability? Stay tuned as I speak |
| 1:38.8 | to Peter Tal Larson, global editor of Breaking Views and my Neil Unmack to find out. |
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