Cancel Preloader
Please enter CoinGecko Free Api Key to get this plugin works.

Pound Sterling Suffers Biggest Drop in 18 Months Amid Reeves’ Tax-and-Spend Storm

 Pound Sterling Suffers Biggest Drop in 18 Months Amid Reeves’ Tax-and-Spend Storm

 

Following the latest budget reveal, the pound sterling has taken a sharp tumble, fueled by mounting worries about the U.K.’s fiscal outlook. Chancellor Rachel Reeves’ decision to pump £70 billion into government spending—funded through additional borrowing—has stirred up significant unease among investors. They’re concerned this move could lead to higher inflation and escalating interest rates. […] 

Related post

Leave a Reply

Your email address will not be published. Required fields are marked *