Rishi Sunak Economic Policy

Ms Truss's policy U-turns, most significantly scaling back a cap on rising energy prices and a big boost in borrowing to pay for massive unfunded tax cuts, crashed the pound, which is now hovering close to the dollar in value.

UK bonds surged after Boris Johnson pulled out of the race to become prime minister, leaving Rishi Sunak as the frontrunner, a candidate investors expect will restore credibility to economic policy making

Ms Truss's policy U-turns, most significantly scaling back a cap on rising energy prices and a big boost in borrowing to pay for massive unfunded tax cuts, crashed the pound, which is now hovering close to the dollar in value.

UK bonds surged after Boris Johnson pulled out of the race to become prime minister, leaving Rishi Sunak as the frontrunner, a candidate investors expect will restore credibility to economic policy making