Liz Truss Gambles with the UK's Future
Channel: The Federal Trust
Date: 2022-09-12

In this new Federal Trust video, the Trust's Chairman John Stevens argues that the new British Prime Minister, Liz Truss, is taking a dangerous gamble with the economic future of the United Kingdom, particularly in the context of the ongoing Brexit crisis. The UK is already facing a severe energy crisis, a cost-of-living crisis, and might soon also have a full-blown financial and currency crisis on its hands. If Truss and her government are unable to borrow on the money markets the enormous sums that she is proposing, the political and economic damage inflicted on the United Kingdom will be immense.

This video was recorded on 7th September 2022.

CHAPTERS:
0:00 Intro
2:35 Why did Liz Truss win?
2:41 Truss and the UK energy crisis
4:17 Possibility of social unrest and currency crisis
5:45  Will financial markets punish Truss?
6:43 The End of One-nation conservatism?
9:05 Would Truss survive the next election?
10:14 Can Truss maintain the Red Wall coalition?
12:30 Truss and the European Research Group
15:18 Truss, Brexit and the EU

SPEAKERS:
John Stevens is the Chairman of the Federal Trust and a former Conservative MEP.

Brendan Donnelly is the Director of the Federal Trust and a former Conservative MEP.

ABOUT THE FEDERAL TRUST
The Federal Trust is a research institute studying regional, national, European and global levels of government. It has always had a particular interest in the European Union and Britain’s place in it. The Federal Trust has no allegiance to any political party. It is registered as a charity for the purposes of education and research.

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#brexit  #Conservativeparty #brexiteers #energycrisis #poundsterling #eu #britishpolitics #ukhousingmarket  #uk  #liztruss  #jacobreesmogg  #redwall #costoflivingcrisis  #newprimeminister  #borisjohnson  #toryleadership #socialunrest #ukeconomy 

COPYRIGHT NOTICE: 
Image of Liz Truss in the Thumbnail:
Chris McAndrew creator QS:P170,Q33129411 (https://commons.wikimedia.org/wiki/File:Official_portrait_of_Elizabeth_Truss_crop_2.jpg), „Official portrait of Elizabeth Truss crop 2“, The background of the image was removed and a glow added by @fedtrust, https://creativecommons.org/licenses/by/3.0/legalcode