Pound, FTSE Unimpressed by Fiscal Statement

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Pound, FTSE Unimpressed by Fiscal Statement

The pound and the UK stock markets have shown no major reaction to the fiscal statement after Jeremy Hunt unveiled an austerity budget with £55 billion in tax hikes and spending cuts. If anything, both have fallen, along with other risk assets today. Tax hikes are going to chock any chances of economic growth that […]

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