Sky News published this video item, entitled “Tax rate U-turn lifts pound but markets still fret over government credibility” – below is their description.
The pound recovered slightly in reaction to the Chancellor’s U-turn over the 45p rate of income tax.
But, financial markets are still reeling from the impact of last Friday’s mini-budget.
Sky’s Economics and Data editor Ed Conway analyses the impact the government’s backtracking could have on the UK’s economic credibility.
#skynews #economy #business #tax
Sky News YouTube Channel
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