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Pound Sinks Again As IMF And Moody’s Rebuke U.K. Tax Cuts

Por: Forbes Business September 28, 2022

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Topline London stocks and the British pound both fell Wednesday morning—after the International Monetary Fund (IMF) and credit ratings agency Moody’s rebuked the U.K. government over planned tax cuts that they say could worsen inequality and hamper the nation’s economic growth—reversing some of its recovery after the currency sank to a historic low earlier this week. The IMF and Moody's warned about the U.K.'s planned fiscal... + full article



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