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Many Happy Returns — Mini budget. Major problems.
Buzzing ratingBUZZING· 70%41m·2022-09-28·Money

Mini budget. Major problems.

Many Happy Returns · 37

On Friday, the UK chancellor unveiled his ‘mini-budget’ with the most significant tax cuts in 50 years. The market reaction was swift and brutal. Sterling crashed to a record low versus the dollar, and UK borrowing costs spiked. We ask why the market reacted so negatively and what it means for those of us who own UK…

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