Did the mini-budget cause market turmoil?
The government has defended its mini-budget following market turmoil and a higher cost of borrowing. …
But he added that there was “absolutely a UK component here”. Mr Raya said: “You throw on the 23 September event, you’ve got a sidelined fiscal watchdog, lack of a medium-term fiscal plan, one of the largest unfunded tax cuts that we’ve seen… since the early 1970s and it’s sort of the straw that broke the camel’s back.”
About The Author
