No, Daniel Hannan, sterling isn’t crashing because the markets are scared of Keir Starmer
That market panic spiked at the exact moment of a Tory Budget has not made Hannan rethink his claim that…
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That market panic spiked at the exact moment of a Tory Budget has not made Hannan rethink his claim that…
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They have accidentally crashed it though – which speaks to their economic ineptitude.
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It is not the job of central bankers to bail out a reckless government.
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Sterling is now worth just $1.07 – a fall of almost 10 per cent in one month.
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The slide in sterling indicates that traders are cynical about Liz Truss’s big gamble on growth.
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