LIZ Truss has come under fire for costing households a staggering £10,000 in her first month as Prime Minister as billions were wiped from the UK economy.
UK bonds and stock markets lost £300 billion in one month under Truss, the equivalent of £24bn to Scotland, or £4472 per person and £9667 per household in Scotland, according to Bloomberg.
SNP MSP Michelle Thomson said this was yet another sign of Westminster failing Scots and the desperate need for independence.
It comes after the Office for National Statistics confirmed the UK economy shrunk by 0.3% in August despite Truss’s growth plans, as the Bank of England stepped in with an emergency bond-buying programme designed to stabilise the economy, which will end on Friday.
Thomson said: “Liz Truss’s plans for ‘Growth, Growth, Growth’ have fallen at the first hurdle and instead we are getting ‘Fail, Fail, Fail’ from the new PM and her Cabinet.
“It has demonstrated why Scotland needs to forge its own path towards independence and away from the chaos of Westminster.
“Truss’s first month as PM has been a complete disaster and it is hitting the pockets of Scots hard.
“We have already seen what the priorities of this government are as they remove the cap on bankers’ bonuses whilst drawing up plans to slash benefits for thousands during a Tory-made cost of living crisis.
“At every turn, Westminster continues to fail the people of Scotland and the only way we can escape the instability of the UK is by becoming independent.”
