Nothing to see here: Truss allies’ curious excuses for financial meltdown

PM and her allies have a number of theories on why current turmoil has nothing to do with Kwasi Kwarteng’s mini-budget

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Who or what could be to blame for the wild economic turmoil that immediately followed Kwasi Kwarteng’s mini-budget on Friday?

Some – such as the IMF, US Federal Reserve officials, a former US Treasury secretary, many leading bankers and economists, and a number of Tory MPs – think the two events are directly related.

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