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Treasury tries to calm market nerves as pound slides further
Posted
January 9, 2025
Views
11,916
Likes
80
Comments
49
Engagement
1.08%
January 9, 2025
11,916
80
49
1.08%
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27:49
3:19Now PlayingThe Tories were granted an urgent question in the Commons which urged the Chancellor to account for the shift in the market reaction to her budget, which critics have warned will only harm investment, jobs, pay and lead to higher prices.
Treasury minister Darren Jones, who was sent to reply on her behalf, told MPs there were no plans for further commentary beyond a Treasury statement issued on Wednesday which defended the government's approach as Sky's Sam Coates reports.
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