Tax and national insurance cuts introduced by the UK Government will likely make the English Premier League an even more attractive proposition to overseas players.
Chancellor of the Exchequer, Kwasi Kwarteng, announced a 'mini budget' last week, the first of new Prime Minister Liz Truss' tenure, that included plans to cut the top 45 per cent rate of income tax as well as national insurance in a move that has been widely criticised as being weighted in favour of the wealthy.
The Bank of England today confirmed it will step in with measures to calm markets, after the Government's tax-cutting pledges sparked a fall in the pound and a "material risk to UK financial stability".
