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Introduced a set of deep tax cuts. The markets reacted negatively to the implied increase in governmental borrowing. The pound had hit an all time low against t
by krisoft 4y ago
Introduced a set of deep tax cuts. The markets reacted negatively to the implied increase in governmental borrowing. The pound had hit an all time low against the US dollar.
This wiki page contains a good summary: https://en.wikipedia.org/wiki/September_2022_United_Kingdom_mini-budget https://en.wikipedia.org/wiki/September_2022_United_Kingdom_...