UK Markets Turmoil: Can Truss Restore Calm?

The Bank of England intervened with quantitative easing to stabilize finances, while facing pressure to raise interest rates to curb inflation. The UK government, led by Liz Truss, is under pressure to reconsider tax cuts and manage spending without returning to austerity, despite criticism from the IMF. The situation highlights the tension between monetary and fiscal policies, with political and economic challenges at play.

How is the International Monetary Fund involved in the discussion about the UK's fiscal plans?

What stance did the leader take during the campaign regarding austerity?