ALISTER Jack claimed the pound was not “tanking” but the BBC was simply taking things “too far” in a car crash interview on Friday morning.
The Scottish Secretary was appearing on Good Morning Scotland when he was quizzed about the financial crisis which followed his government’s “mini-budget” last week.
Chancellor Kwasi Kwarteng announced a swingeing £45 billion package of tax cuts, largely benefitting the rich and funded by increased government borrowing, which led to the collapse of the pound to record lows against the US dollar.