Is the UK heading for economic disaster? | DW Business

DW News published this video item, entitled “Is the UK heading for economic disaster? | DW Business” – below is their description.

Rising mortgage costs, pensions eroded, despairing businesses. It’s only been a week since Prime Minister Liz Truss and her Chancellor, or Finance Minister, Kwasi Kwarteng announced a new economic plan to slash taxes and boost borrowing in the United Kingdom. But what a week it’s been.

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DW News is a global English-language news and information channel from German public international broadcaster Deutsche Welle, established in summer 2015.

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In This Story: Liz Truss

Mary Elizabeth Truss is a British politician serving as Secretary of State for Foreign, Commonwealth and Development Affairs since 2021 and Minister for Women and Equalities since 2019. A member of the Conservative Party, she has been Member of Parliament for South West Norfolk since 2010.

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