The collapse of the value of the pound in the wake of Friday's mini-budget appears to have stalled, for now, but only thanks to market expectations that the Bank of England will be forced to intervene.
https://news.sky.com/story/pound-steadies-as-markets-expect-bank-of-england-action-to-prop-up-uk-currency-12706105
Tweets
Pound steadies as markets expect Bank of England action to prop up UK currency https://t.co/Nia1OF5r6e
— Sky News (@SkyNews) September 27, 2022
— susannah tarbush (@starbie99) September 27, 2022
https://t.co/0Rd559RFfQ#JeremyVine
— As I See it !! (@jw2000net) September 27, 2022
The #Torys have picked a woman who is a WONDER in the #Markets #Pork #Markets,
Not Financial markets, with #Kamikaze #Kwarteng
Get rid of there arses, tax energy #windfall profits!
Pound steadies as markets expect Bank of England action to prop up UK currency https://t.co/tnni6qlBE0 [@SkyNews]
— Stephanie Migot (@MsMigot) September 27, 2022