A tense calm spread this Friday in the British financial markets and political circles

in anticipation of a turn in the economic policy of the Government of Liz Truss

, which has placed the country on the brink of crisis.

Her political ally and Treasury Minister,

Kwasi Kwarteng

, canceled meetings scheduled for today at the headquarters of the International Monetary Fund (IMF) and left Washington for London, where she will land in the next few hours.

It remains to be confirmed whether the hasty return to the UK was a decision by Kwarteng to deal with the crisis of confidence and finances, or rather an order from the prime minister.

The general and global condemnation of the recent 'mini budget' of the new Conservative government,

with tax cuts of almost 50,000 million euros to be financed with public debt, is producing cracks between the residents of Downing Street (the head of the government at 10 and responsible for finances in the 11) around the possible ways of correction.

For now,

advisers to the prime minister have taken the reins of the review

of the 'mini budget' and propose the suspension of measures that the Treasury has been denying until a few hours ago.

The media take for granted the retreat on the corporate rate, which the previous minister and rival of Truss in the struggle for the Conservative leadership,

Rishi Sunak

, was preparing to raise from the current 19% to 25%.

Reducing the tax burden on companies and businesses was a constant promise of Truss during the long summer campaign and the strategy with which he clearly differentiated himself from his opponent and former treasury minister.

The suspension would calm the storm in the markets,

according to analysts, but the political cost would also be immense for the 'premier' and could precipitate

Kwarteng's resignation.

Meanwhile, the markets were waiting for the decision made by the Government and the action of the Bank of England.

The issuing bank launched

an emergency program for the purchase of public bonds, for a total of around 72,000 million euros,

which officially expires this Friday the 14th. The intervention helped to contain the depreciation of the pound, reduce the rise in premiums on loans contracted by the Government and mitigate the liquidity crisis that spread in the pension sector.

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