The latest crash in value is a direct result of two things last week - The Bank of England monetary policy committee deciding on Thursday to show “restraint” i

The latest crash in value is a direct result of two things last week - The Bank of England monetary policy committee deciding on Thursday to show “restraint” in only putting the interest rate up by 0.5%, because they want to wait and see what the Chancellor’s “mini-budget” would bring on Friday. That mini budget being a clusterfuck of unfunded tax giveaways to the already high-earning and wealthy.