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Financial markets are already losing confidence in the UK – there is no ‘if’.

TIn the course of her somber campaign for leadership of the Tory Party, Liz Truss has assiduously avoided economic reality, particularly dodging interviews with people who might confront her (Nick Robinson and Andrew Neil in particular).

However, that reality is starting to bite.

Her (likely losing) rival Rishi Sunak warned in an interview with the Financial Times that markets could lose confidence in the UK. It could be his last hurrah. Perhaps he’s hoping to establish himself as a (possible) king on the back benches. The man who picks up the pieces when things go horribly wrong.

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