
THE pound hit a new 37-year low following Kwasi Kwarteng’s £45 billion tax cut announcement on Friday.
Sterling fell sharply in the wake of the announcement, dropping under $1.11 against the US dollar for the first time since 1985.

THE pound hit a new 37-year low following Kwasi Kwarteng’s £45 billion tax cut announcement on Friday.
Sterling fell sharply in the wake of the announcement, dropping under $1.11 against the US dollar for the first time since 1985.