Will Trussonomics freak out the markets? Britain’s new PM is planning tax cuts – and may pick a fight with the Bank of England and trigger a trade war with the European Union.
Team Truss leads UK into gathering storm
Historic: For the first time ever there will not be a White man in one of the four great offices of state. Glossary
Liberal Democratic Party - Also known as the Lib Dems, a liberal political party in the UK.
Conservatives - A traditionally right-wing or centre right political party in the UK. Members are sometimes called Tories.
Lightweight - Someone who is not serious or influential.
Recession - A period of economic decline. A recession occurs when a country’s Gross Domestic Product falls for six months in a row.
Inflation - An increase in the price of goods in an economy.
Radical - Extreme.