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The NewseU Reel

Truss facing party pressure amid fears over pound slump | Evening Standard

“Conservative MPs are prepared to vote against Truss’s tax cuts or submit letters of no-confidence if the pound continues to slump, according to reports.” https://www.standard.co.uk/news/politics/liz-truss-tory-mps-rebel-pound-budget-dollar-kwarsi-kwarteng-conservate-mps-b1027943.html…

Pound hits fresh 37-year low after mini-budget rocks markets | The Guardian

“Sterling fell to $1.077 in early trading when Asia-Pacific markets opened after the weekend, close to parity with the US dollar.” https://www.google.co.uk/amp/s/amp.theguardian.com/business/2022/sep/25/city-braces-for-more-volatility-mini-budget-rocks-pound-parity-dollar-bond-tax