
There are a lot of news surrounding the Great Britain for the past two weeks, especially, the death of Queen Elizabeth II draws the global attention and countless tributes from world leaders. However, another event taking place in UK has just started stirring the financial market and economic forums. On September 6th, Liz Truss, the newly elected Prime Minister in UK, announced a sweeping plan to freeze gas and electricity rates for two years, at a cost of 200 billion pounds to the British Treasury.