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Government to push on with tax cuts as pound hits all-time low against dollar

Belfast Telegraph Monday, 26 September 2022
Downing Street has signalled that it will push ahead with its massive package of tax cuts even as the pound plunged to an all-time low against the US dollar amid hammered market confidence in the Government’s economic plans.
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News video: British Pound Sinks to New Lows

British Pound Sinks to New Lows 01:30

British Pound , Sinks to New Lows. NBC News reports that after Treasury Chief Kwasi Kwarteng promised the biggest tax cuts in 50 years on Sept. 23. the British pound dropped to an all-time low against the American dollar on Sept. 26. It fell to $1.0373 before reaching $1.0672 in early London...

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