However, for Rachel Reeves, this was the worst week of her career so far.
Perhaps, next time, Truss could instead write to millions of people around the country, apologising that they have to pay higher mortgages and prices.
Yes, her inheritance was lousy, and the global bond sell-off has affected other governments too. But October’s Budget was too tight – leaving her little headroom – and alienated business, while her growth plan lacks ambition, detail and pace.
Being chancellor is rarely a popularity contest, but Reeves and her team at the Treasury did not expect to find themselves mired in such trouble.
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