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Britain’s Slumping ‘Peso’

Bloomberg business news
Pound Drops to Record Low as UK Signals More Tax Cuts

Hello. Today we look at the fallout in financial markets from the UK’s massive tax cut plan, the inflation challenges facing the European Central Bank and what higher debt does for economic growth.

When Timothy Ash of Bluebay Asset Management turns his attention from emerging markets to a developed economy, it’s probably time to take note.