The Pound Plummets

Bond markets were sent into frenzy and the pound fell after the Chancellor’s tears in the Commons – drawing comparisons with the disorderly reaction to Liz Truss’s catastrophic mini-budget. UK ten-year borrowing costs surged close to 4.7 per cent as Sir Keir Starmer declined to offer Rachel Reeves his support as she sat beside him at the Prime Minister’s questions.Continue reading “The Pound Plummets”

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