A week before the announcement of her shock economic program, a dinner was held between the Prime Minister, Liz Truss, and a handful of hedge funds. The dinner was fueled by suspicions of insider trading.

Speculative bearish positions taken by hedge funds on the British pound had already risen by 17 per cent in the U.S. futures markets to nearly $4 billion, according to Vanda Research in the first 15 days of September before the controversial dinner. Indeed, hedge funds have doubled their sterling sales in the past four weeks. For Crispin Odey, one of the managers present at the dinner, the British currency was "still vulnerable". His hedge fund, which invests in the major markets (equities, debt, currencies), was up 140% as of September 14. He is known for selling the pound fairly regularly and had earned 220 million pounds during the Brexit shock.