Pound crashes to record low against the dollar as UK tax cut plans rattle investors
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Sterling plunged by as much as 5% in Asia-hours trading after the UK's finance minister said there is "more to come" on tax cuts.
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Sterling plunged by as much as 5% in Asia-hours trading after the UK's finance minister said there is "more to come" on tax cuts.
Full ArticleWatch VideoThe British pound fell to all-time low against the U.S. dollar early Monday after Treasury chief Kwasi Kwarteng pledged..
Tax cut plans by the UK government has caused the British pound to plummet to a record low against the dollar, the BBC reported on..