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The Independent UK
The Independent UK
National
Thomas Kingsley

UNCOVERED: Pound falls after imf urges kwarteng to re evaluate tax cuts - Caught on Camera

PA Wire

The pound continues to retreat despite the Bank of England’s emergency measures to calm the market.

Sterling was trading at $1.073 at 4pm, up from $1.066 at 2pm as the pound recovers from a record low against the dollar of $1.03 as spooked markets react to Kwasi Kwarteng’s tax-cutting mini-Budget.

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