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Friday, September 23, 2022

MARKET REACTION TO KWARTENG BUDGET IS NOT GOOD

Initial reaction was optimistic as the pound rose against the US Dollar, the Euro and the Renminbi.

But that optimism lasted for all of 10 minutes.

Now the Pound is falling fast against all three.

And typical Tory tax cut : 5p for the rich; 1p for the poor.

But what do you expect?

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