Was 'Trussonomics' actually bad for investors?

'It is fair to say that it did not go according to plan'

clock • 5 min read

Chet Velani takes a look at Liz Truss's economic policies and asks if they were really that bad for investors...

The spectacular, indeed unprecedented, bond market storm that followed September's Mini-Budget hit fund prices hard and, worryingly, low-risk funds hardest. Given the negative coverage of ‘Trussonomics' in general and its impact on pension funds in particular, you might be surprised to learn that it has not all been bad news for investors. ‘Trussonomics', the name coined for the economic policies advocated by former prime minister Liz Truss and ex-chancellor Kwasi Kwarteng was intended to promote growth through a cocktail of tax cuts and spending promises. It is fair to say that it di...

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