British pound, bonds roiled as tax-cut plans spook investors
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4 min read . Updated: 26 Sep 2022, 06:51 PM IST - Market turbulence is shaping up as a major challenge for new U.K. Prime Minister Liz Truss
The selloff in U.K. financial markets accelerated on investors’ worries that the country’s largest tax cuts in decades would spark higher inflation and put government finances at risk.