It's been a week of turmoil in the UK with investors delivering a stinging rebuke of new Prime Minister Liz Truss.
The pound fell to record lows after the announcement of large tax cuts and, at one point, the Bank of England even had to step in to stop a potential financial crash.
Many are now wondering if there are lessons for New Zealand politicians and what it all means for Kiwis' households and family budgets.
Infometrics principal economist Brad Olsen spoke to Newshub Nation to make sense of it all.
Watch the video.
