Even as the UK takes a moment to reflect on the reign and passing of the Queen, new Prime Minister Liz Truss is not wasting time setting the tone for her administration. That tone? Get in line or get out. And one of the first people out is the Treasury's most senior civil servant Tom Scholar. No British finance minister in living memory has dismissed their permanent secretary immediately after moving into the role, as Kwasi Kwarteng did on his second day on the job to Scholar, who had been in the post since 2016.

To discuss the significance of the sacking, David and Francine speak with Allegra Stratton, author of Bloomberg's daily UK newsletter The Readout and former Downing Street press secretary and UK economy reporter Philip Aldrick.

Get more insights from Allegra Stratton by subscribing to her newsletter The Readout:https://www.bloomberg.com/account/newsletters/readout

Even as the UK takes a moment to reflect on the reign and passing of the Queen, new Prime Minister Liz Truss is not wasting time setting the tone for her administration. That tone? Get in line or get out. And one of the first people out is the Treasury's most senior civil servant Tom Scholar. No British finance minister in living memory has dismissed their permanent secretary immediately after moving into the role, as Kwasi Kwarteng did on his second day on the job to Scholar, who had been in the post since 2016.
To discuss the significance of the sacking, David and Francine speak with Allegra Stratton, author of Bloomberg's daily UK newsletter The Readout and former Downing Street press secretary and UK economy reporter Philip Aldrick.
Get more insights from Allegra Stratton by subscribing to her newsletter The Readout:<a href="https://www.bloomberg.com/account/newsletters/readout" data-destination="rte:bind">https://www.bloomberg.com/account/newsletters/readout</a>

Get ahead of the trends and conversations that are shaping the City of London. Join Bloomberg's Francine Lacqua, Allegra Stratton and Dave Merritt every Thursday as they uncover the best stories and speak to the people in the know. 

Get ahead of the trends and conversations that are shaping the City of London. Join Bloomberg's Francine Lacqua, Allegra Stratton and Dave Merritt every Thursday as they uncover the best stories and speak to the people in the know.

Every week, Francine Lacqua and David Merritt go behind the scenes in the City of London, uncovering stories and speaking to the people that matter.

In the City

Get ahead of the trends and conversations that are shaping the City of London. Join Bloomberg's Francine Lacqua, Allegra Stratton and David Merritt every Thursday as they uncover the best stories and speak to the people in the know. 

Get ahead of the trends and conversations that are shaping the City of London. Join Bloomberg's Francine Lacqua, Allegra Stratton and David Merritt every Thursday as they uncover the best stories and speak to the people in the know.

In The City

Bean Counters Beware

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/fb0e6fc9-5071-4dc4-a4ea-af10016f920e/transcript

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