Today news
About the same in other media
City reels from pound spiral as Kwarteng’s credibility in doubt: ‘The onslaught will continue’
Reading now: 160
fnlondon.comThe City continues to reel from volatile trading in the pound, as new chancellor Kwasi Kwarteng reportedly seeks to reassure bankers while the Bank of England intervenes in bond markets.
The fallout from the government's mini-budget, which slashed taxes and added to Britain's debt pile, whipsawed markets this week. UK government bonds posted a surge not seen in four decades, while sterling remains down some 20% against the dollar since the start of the year.
Kwarteng...
Read more on fnlondon.comAbout this in other media
UK banks to raise mortgage market fears in Kwarteng meeting theguardian.com /2 years ago
How pound slump could spark £3bn film and TV investment boom theguardian.com /2 years ago
Food bank near Truss and Kwarteng’s homes says locals need ‘torrent’ of help theguardian.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
