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UK Economists See Faster Interest Rate Increases Under Liz Truss

July 22, 2022, 11:00 PM

Liz Truss’s economic plan would fuel inflation and prompt quicker interest rate increases from the Bank of England than if Rishi Sunak led the nation, a poll of economists showed.

Eight of the nine economists surveyed by Bloomberg said Sunak, the former chancellor of the exchequer, would handle the economy better than Truss, with one preferring the foreign secretary.

Truss and Sunak are battling to replace Boris Johnson as prime minister, with economics the primary battle ground so far. They’re having to appeal to members of the ruling Conservative Party, who have faulted Sunak for raising taxes during his time ...