Advertisement
Economy

Pound plunges to historic low

At one point the pound plunged by nearly 5% to stand at $1.0327, its lowest point since Britain went decimal in 1971

The pound has plummeted to an all-time low against the dollar following the sweeping tax cuts announced by chancellor Kwasi Kwarteng in last week’s mini-budget. 

Check out our free weekly podcast

Back to top button