Has Truss Broken the Economy? –

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Immediately after the first mini-budget of Truss’s government, promising huge tax cuts for the highest earners, the pound crashed to historic lows against the dollar. But why did this happen? Why is this such bad news for both the UK and for the new PM?

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1 – https://twitter.com/ChrisGiles_/status/1574272740084809728
2 – https://www.bbc.co.uk/news/business-63030208
3 – https://twitter.com/WallStreetSilv/status/1573936737814220800https://
4 – www.theguardian.com/uk-news/2022/sep/23/kwasi-kwarteng-mini-budget-key-points-at-a-glance
5 – https://www.ft.com/content/ef1495fa-9fc9-4c46-89f9-27902293343c
6 – https://tradingeconomics.com/united-kingdom/government-bond-yield
7 – https://www.bbc.co.uk/news/business-62970803
8 – https://twitter.com/YouGov/status/1573329167693008896/photo/1

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The post The Pound Reaches New Lows: Has Truss Broken the Economy? appeared first on HumanitasConnects.

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