Business Live with Ian King: Truss turned Britain into ‘Argentina on the Channel’, says ex-BoE boss

Join Ian King and guests for the latest news from the city, as a former governor of the Bank of England has launched a scathing attack on Liz Truss – accusing her government of turning Britain into "Argentina on the Channel".

Mark Carney also said Brexiteers such as the former Conservative leader – who became the shortest-serving prime minister in history when she resigned last year – had a "basic misunderstanding of what drives economies".

Plus, a "potent cocktail" of pressures has forced the trade body for manufacturers to cut its outlook for output this year amid a slump in new orders and hiring.

Make UK’s quarterly survey said a slowdown in production since the early summer had forced it to trim its annual forecast to a fall of 0.5%.

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