The 2nd Elizabethan era ends with UK economy in turmoil

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The death of Queen Elizabeth has come at a bad time for the United Kingdom. Against a backdrop of soaring inflation, a slumping currency and the worst cost-of-living crisis in decades, the country has lost one of its few markers of continuity and stability.

The government of Prime Minister Liz Truss, who on Thursday unveiled a huge gamble to rescue the economy just two days into the job and a few hours before the Queen died, has declared a period of national mourning that will last until the day of the state funeral.
Some shops and sporting venues were closed as a mark of respect, but for much of the country, business continued as usual.

London’s financial markets opened on Friday, with stocks gaining ground in line with other markets in Europe and Asia. The London Stock Exchange said it expected trading to continue during the period of mourning. It will close only for the funeral, the date of which has not yet been announced but is likely to be a public holiday.


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Chuck comes from a lineage of journalism. He has written for some of the webs most popular news sites. He enjoys spending time outdoors, bull riding, and collecting old vinyl records. Roll Tide!