The pound has fought back from record lows touched in reaction to Kwasi Kwarteng’s tax-slashing mini budget, while according to opening calls, the FTSE 100 is expected to make modest opening gains, after managing a small overall rise by the end of the previous session.
The rebound came after the Treasury pledged to hold a full Budget in the spring and the Bank of England said it was keeping watch on markets and would not hesitate to raise rates.
