Banks save UK economy as Liz Truss plays ideological games

Tory leadership candidate Liz Truss (Image: AAP/EPA/Neil Hall)

The near collapse of the UK financial system yesterday is one of the biggest economic stories of the year. It should be a hard lesson for politicians the world over about economic policymaking and the importance of independent central banks.

Source: Banks save UK economy as Liz Truss plays ideological games