British tabloids are having a field day due to the UK's tumultuous politics.
Unless Truss reverses more of the tax cuts or introduces policies to protect pensioners and mortgage borrowers, turmoil in the UK market will not end soon.
Britain's new finance minister Kwasi Kwarteng unleashed historic tax cuts and huge increases in borrowing on Friday in an economic agenda that floored financial markets, sending sterling and British government bonds into freefall.
British tabloids are having a field day due to the UK's tumultuous politics.
Unless Truss reverses more of the tax cuts or introduces policies to protect pensioners and mortgage borrowers, turmoil in the UK market will not end soon.
Britain's new finance minister Kwasi Kwarteng unleashed historic tax cuts and huge increases in borrowing on Friday in an economic agenda that floored financial markets, sending sterling and British government bonds into freefall.
