Rachel Reeves never tires of blaming the former Tory prime minister Liz Truss for ‘crashing’ the British economy.
If anyone dares mention the Chancellor’s own failings – and the foolhardy consequences of her high tax and high spending agenda – they are greeted with finger-jabbing fury.
But Reeves’s attempt to lay the parlous state of our public finances at Truss’s door have just come back to bite her with a vengeance.
For the bond markets – which famously rejected the 2022 mini-Budget and destroyed Truss’s brief tenure in Downing Street – have just delivered a still more damning verdict on our hapless Chancellor.
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