expert reaction to new UK chancellor's attempt to calm financial markets
- Written by Steve Schifferes, Honorary Research Fellow, City Political Economy Research Centre, City, University of London
Newly installed UK chancellor, Jeremy Hunt, has unveiled a raft of changes to Kwasi Kwarteng’s September 23 mini-budget, which essentially amounted to a rollback on most of its headline points.
The September mini-budget, which included £45 billion in unfunded tax cuts, created significant volatility in financial markets in the weeks...
