Starmer said: “I think many people will now be extremely worried about their mortgage, about prices going up, and now about their pensions. The government has clearly lost control of the economy. What they need to do now is recall parliament and abandon this budget before any more damage is done. ”Kwarteng and Truss were not prepared to comment publicly to calm the markets and reassure the public. Instead, they sent out Treasury financial secretary Andrew Griffith who argued that “all major economies” are experiencing the same volatility as the UK as a result of Russia’s war in Ukraine. https://www.theguardian.com/business/2022/sep/28/bank-of-england-in-65bn-scramble-to-avert-financial-crisis
