After withstanding two-and-a-half years of Covid hardship, the economy finally buckled under the plan masterminded by new prime minister Liz Truss and (now former) chancellor Kwasi Kwarteng – crashing the pound just three weeks after they took office. Quite the feat.

After embarrassing U-turns on the abolition of the 45p tax rate and plans to cut corporation tax, new chancellor Jeremy Hunt ripped up most of the rest of Truss and Kwarteng’s mini-Budget on Monday (17 October) in an attempt to reassure the markets and stabilise the economy.

What the reversal of the mini-Budget means for you and your business

With her premiership hanging by a thread, Truss declined to front up to the House of Commons on Monday, with Hunt making the announcement and Penny Mordaunt standing in for the PM. She later apologised for the effects of the mini-Budget in an interview with BBC News, and insisted she would lead the Conservative Party into the next election. Time will tell.

But with the pound still weak, mortgage rates rising and bill pressures at an all-time high, we want to know whether you think the chancellor’s intervention will actually boost travel’s fortunes in these tough economic times – will it make a difference to your business? Who should lead the country? And what would you do to ease the pressure on businesses?

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