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Evening Standard

World

Barney Davis

‘That is what we do’: Trader claims he shorted the pound after mini-budget

Citibank Kwasi Kwarteng Kieran LBC Simon Hoare Bank of England

A trader has claimed he earnined his clients “many millions” after betting against the pound as they heard Kwasi Kwarteng deliver his mini-budget on Friday.

Kieran phoned into LBC to say he was shocked people were criticising traders for making money as the pound crashed to record lows.

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