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malaise

(269,020 posts)
Fri Oct 14, 2022, 08:37 AM Oct 2022

Oops Pound slides further after Kwasi Kwarteng sacked as UK's chancellor

https://www.theguardian.com/business/live/2022/oct/14/kwasi-kwarteng-returns-early-imf-markets-price-more-u-turns-business-live

Pound slides further after Kwarteng sacked as chancellor
Kwasi Kwarteng has been sacked as chancellor, Downing Street has confirmed, after his disastrous mini-budget sparked financial market turmoil, drove mortgage rates higher and forced the Bank of England to bail out pension funds.

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