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'Slow-moving car crash.' There's no quick fix for the UK market mess

Por: CNN Business October 12, 2022

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London CNN Business  —  The Bank of England is struggling to contain a crisis by the UK government’s brash plans to borrow heavily to pay for tax cuts, feeding fears that the country’s financial markets could once again spin out of control. Almost 20 days after Finance Minister Kwasi Kwarteng unveiled his , sparking an investor revolt, the UK bond market and the British pound remain under huge stress — despite three emergency... + full article



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