The former prime minister attributed her collapse to the Bank of England, namely governor Andrew Bailey, in an interview with News. She did, however, claim that during her tenure in office, she never once met Mr. Bailey.
I wanted to meet him, so I really set up a meeting,” she remarked. However, I was told it would not be a good idea. And maybe I should have rejected that advise.
However, the cabinet secretary gave that advise, and I didn’t want to make the [market] issues worse.
Yes, looking back, I should have talked to the Bank of England governor personally at the time.
When asked about what happened when her chancellor Kwasi Kwarteng proposed a number of unfunded tax cuts in the mini-budget without providing proof of how he would pay for them, Ms. Truss responded, “It’s fair to say that the government did not have the confidence of the markets.”
