"Cutting taxes is the right thing to do morally and economically," Truss said Wednesday, causing the pound to reverse its brief rally.
"What Britain got instead was a leader who seems to live in a fantasy world and is oblivious to concerns about social solidarity," Krugman said.
Signs are flashing that debt crisis has already materialized and markets will be throttled by a hard landing soon, Nouriel Roubini said.
"That normally happens in a developing country. It does not happen in a G7 economy. So this is historic," El-Erian said in an interview with CNBC.
The Bank of England could fail to raise interest rates high enough to combat inflation, threatening further pain for the pound, Paul Krugman said.
Three people have been arrested as the investigation of suspected tax fraud continues.
Meghan Markle's situation is a good example of what it's like to pay taxes as an American expat.
'Whereas UK companies remain broadly confident about the UK’s future attractiveness, non-UK businesses are now markedly more bearish,' a KPMG report says.
If you get your goods or service just right, you'll be VAT free.
If you get your goods or service just right, you'll be VAT free.
If you get your goods or service just right, you'll be VAT free.