Industry warns uncertainty is far from over after Liz Truss' resignation

A career 'up in flames'

The UK market is unlikely to fully recover from the damage done to it in recent weeks despite the resignation of Prime Minister Liz Truss, experts say.

Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, said: "First her policies went up in flames, then her brief career as prime minister". Streeter said: "The great political gamble of Liz Truss has spectacularly backfired but not before wreaking significant damage to the UK economy. It will take considerable time before the risk premium attached to UK assets fades away, following the financial nervous breakdown which followed the Mini Budget." With a successor still to be chosen, as far as investors are concerned, the future is "marginally brighter withou...