What is going on in Great Britain right now is ironic. A few weeks ago, we celebrated the same Britain on account of the glory and grandeur of the life, times, example, and the death of Queen Elizabeth II – the country’s longest reigning monarch in history and one of the most influential figures of the 20th and 21st Centuries. But today, the same Britain is the laughing stock of the world, all because of leadership, politics, and mismanagement of the economy.
The Empire may have ended, but Britain remains one of the most powerful countries of the world, a country that others look up to, a member of the G7, with London as a major centre of capital and investment in the Eurozone. But something has happened to them in that same Great Britain - to try an African manner of speech.
But the growth plan in form of an emergency plan, or mini-budget presented by the government simply complicated things: sell-offs in the bond market, uncertainties with the pound sterling, further rise in the cost of living and a gaping black hole in government finance, with a rise in the cost of debts, and mortgage. In a country where accountability is key, no politician can hoodwink the people and play games with the people’s fortunes and future.
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