Back to News
Can Japan avoid a Liz Truss-style shock as its PM embarks on a giant spending spree?
UK NewsPoliticsBusiness•July 25, 2026 at 1:00 PMNational

Can Japan avoid a Liz Truss-style shock as its PM embarks on a giant spending spree?

By Phillip Inman•The Guardian - UK News

Sanae Takaichi’s blueprint to inject £1.7tn and double economic growth leaves many investors fearfulInternational investors are asking where Japan’s prime minister will find the ¥370tn (£1.7tn) of extra cash that she wants to invest in 17 industrial sectors by 2040.Such is the scale of spending by Sanae Takaichi’s coalition government that many in her own party fear she is about to blow up the Japanese economy, triggering a Liz Truss-style economic shock. Continue reading...

Sanae Takaichi’s blueprint to inject £1.7tn and double economic growth leaves many investors fearful

International investors are asking where Japan’s prime minister will find the ¥370tn (£1.7tn) of extra cash that she wants to invest in 17 industrial sectors by 2040.

Such is the scale of spending by Sanae Takaichi’s coalition government that many in her own party fear she is about to blow up the Japanese economy, triggering a Liz Truss-style economic shock.

Continue reading...

Related News

Ex-gang boss sentenced to 40 years for orchestrating Tupac Shakur's murder
UK NewsEntertainmentMusic News

Ex-gang boss sentenced to 40 years for orchestrating Tupac Shakur's murder

Davis was found guilty last month over his role in the late rap superstar's death in a drive-by shooting in 1996.

BBC Entertainment & Arts9 minutes ago
Turkish police raid opposition TV station, halting live broadcasts
UK News

Turkish police raid opposition TV station, halting live broadcasts

It is the latest in a series of crackdowns on media critical of the Turkish president and his government.

BBC News - UK10 minutes ago
Russian strikes leave 600,000 without power in Ukraine, as Starlink restrictions affect front line
UK News

Russian strikes leave 600,000 without power in Ukraine, as Starlink restrictions affect front line

Critical energy infrastructure is hit, as Ukraine says speed restrictions of Elon Musk's Starlink are disrupting battlef...

BBC News - UK13 minutes ago
Badenoch and Farage in spat over Chagos Islands, as she calls his offer to Trump ‘humiliating’ – UK politics live
UK NewsPolitics

Badenoch and Farage in spat over Chagos Islands, as she calls his offer to Trump ‘humiliating’ – UK politics live

Nigel Farage says Kemi Badenoch misinterpreted his suggestion for a deal with Donald TrumpAs my colleague Peter Walker p...

The Guardian - UK News21 minutes ago
Russell Brand was ‘ruthless and calculated’, prosecutors tell jury as rape and sexual assault trial begins – live
UK News

Russell Brand was ‘ruthless and calculated’, prosecutors tell jury as rape and sexual assault trial begins – live

Russell Brand back in Southwark crown court today where his rape and sexual assault trial beginsThe prosecution cited re...

The Guardian - UK News25 minutes ago
Nigel Farage says charities that help asylum seekers get to UK should be prosecuted
UK NewsPolitics

Nigel Farage says charities that help asylum seekers get to UK should be prosecuted

Reform leader did not say who should be targeted but party figures have been critical of small boat rescues by RNLIChari...

The Guardian - UK News27 minutes ago