Kwarteng Rushes Back to UK on U-Turn Reports

Kwarteng Rushes Back to UK on U-Turn Reports

In what was a stunning U-turn, Prime Minister Liz Truss is reported to be preparing to abandon a central part of her tax cutting agenda after weeks of chaos in the markets. UK Chancellor of the Exchequer Kwasi Kwarteng has cut short his trip to the US and is heading back to London. Meanwhile the Bank of England ends its emergency bond-buying purchases today. Lizzy Burden reports on Bloomberg Television.
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: m
Connect with us on…
Twitter: s
Facebook: s
Instagram: /

You May Also Like

About the Author: SchellcoUSA

Leave a Reply

Your email address will not be published. Required fields are marked *