Global Stage: Live from Davos WATCH

uk prime minister

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Tony Blair on Liz Truss & a post-Brexit UK on the brink

GZERO World Clips

Tony Blair on Liz Truss & a post-Brexit UK on the brink

Despite sky-high inflation and a plummeting pound, the UK’s newly installed PM Liz Truss has introduced tax cuts — requiring a lot more government borrowing — which she says will boost the UK’s sluggish growth rate. This approach, which could result in the Bank of England increasing interest rates even more to tackle inflation, is ruffling feathers in Westminster and negatively impacting markets around the globe. On the sidelines of the UN General Assembly, Ian Bremmer sat down with former UK Prime Minister Tony Blair on GZERO World to discuss Britain’s economic woes and recent change in leadership.