Watch VideoThe British pound fell to all-time low against the U.S. dollar early Monday after Treasury chief Kwasi Kwarteng pledged a sweeping package of tax cuts, fueling concerns about the government’s economic policy as the United Kingdom teeters toward recession.
The pound fell as low as $1.0373, its lowest level since...
British Pound Plunges To Record Low As Tax Cuts Spark Concern
Newsy
0 shares
2 views
You might like
Related news coverage
Inflation Hits Record 10% In 19 Countries Using The Euro
Newsy
Watch VideoInflation in the European countries using the euro currency has broken into double digits as prices for electricity and..
-
Economic storm tests UK's new leader, alarms Conservatives
SeattlePI.com
-
IMF urges UK to "re-evaluate" tax cuts on inflation concerns
SeattlePI.com
-
Pound stabilizes but turmoil continues for UK economy
SeattlePI.com
-
British pound plunges to new low as tax cuts spark concern - The Associated Press
Upworthy
Advertisement
More coverage
British pound plunges to new low as tax cuts spark concern
Upworthy
The British pound has fallen to an all-time low against the U.S. dollar after the government pledged a sweeping package of tax cuts..