Both Truss and Kwarteng have said they needed to act quickly on the energy crisis, which was pressing. They conflated this with the need to address the UK economy's low growth, which is fair enough, but why did they have to rush through these plans? Couldn't they have delayed them (say) a week and communicated properly with markets? It has undermined what otherwise were quite well received ideas.
quite so, sp1814, they're the government, they could have moved at any speed they chose. They deliberately chose the shock and awe approach, and found it wasn't as awesome as they hoped. In fact it showed a complete lack of political nous, which surprised me as they've been in politics a while now.
It might have been more prudent to delay the fiscal statement by a few days, and get it right, rather than hurry it and botch it.
But the suspicion is that it was being drafted from the day Johnson resigned, and they could have taken several more weeks and it would have been exactly the same.
They read the mood of the country wrong, they were swayed by their political ideology and they are in a fine mess of their own making.
New and unprecedented things are always going to happen, every day, that's normality not abnormality. I'm sure if there were a few years where nothing happened ooh we'd have a rosy old time in the UK, have some lovely old mini budgets we would.