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The UK's 'Trussonomics' crashes the pound and leaves investors shaking their heads

Por: CNN Business September 27, 2022

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New York CNN Business  —  The reviews are in on the new UK government’s plan to slash taxes and load up on debt, and they are, um, far from glowing. Here’s the deal: The British pound tumbled to a record low against the US dollar on Monday as investors around the world dumped UK assets. For the first time in history, the pound is on track to hit parity with the dollar before the end of the year. At its low point Monday, the British... + full article



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