roadrunner Posted October 31, 2024 Share Posted October 31, 2024 Following the latest budget reveal, the pound sterling has taken a sharp tumble, fueled by mounting worries about the U.K.’s fiscal outlook. Chancellor Rachel Reeves’ decision to pump £70 billion into government spending—funded through additional borrowing—has stirred up significant unease among investors. They’re concerned this move could lead to higher inflation and escalating interest rates. […]View the full article Quote Link to comment https://slingbank.com/forums/topic/26307-pound-sterling-suffers-biggest-drop-in-18-months-amid-reeves%E2%80%99-tax-and-spend-storm/ Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.