Pound Drops to Record Low as UK Signals More Tax Cuts
September 26, 2022
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2:13Now PlayingPound Drops to Record Low as UK Signals More Tax Cuts
YouTube Description
as posted by the channelThe pound plunged to a record low after the new Chancellor of the Exchequer, Kwasi Kwarteng, vowed to press on with more tax cuts. The currency's tumble has sparked calls for aggressive rate hikes from the Bank of England. Lizzy Burden reports on Bloomberg Television.
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