Uncertainty far from over after resignation of Truss, industry warns

The investment industry reacts to former prime minister's resignation

Elliot Gulliver-Needham
clock • 3 min read

The UK market is unlikely to fully recover from the damage done to it in recent weeks despite the resignation of Liz Truss as prime minister, experts say.

Hargreaves Lansdown senior investment and markets analyst Susannah Streeter said: "First her policies went up in flames, then her brief career as prime minister". She added: "The great political gamble of Liz Truss has spectacularly backfired but not before wreaking significant damage to the UK economy. It will take considerable time before the risk premium attached to UK assets fades away, following the financial nervous breakdown which followed the Mini Budget." With a successor still to be chosen, as far as investors are concerned, the future is "marginally brighter without her in ...

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