British Pound Hits Record Low Against Dollar After U.K. Signals More Tax Cuts

(CTN News) – In reaction to the UK’s biggest tax cuts in 50 years, the pound has fallen to a record low against the dollar. On Monday morning, UK time, sterling fell close to $1.03 before recovering some ground to stand at about $1.07. On top of a £45bn package announced on Friday, Kwasi Kwarteng … Continue reading British Pound Hits Record Low Against Dollar After U.K. Signals More Tax Cuts