Money Blog: Billionaire Premier League Owner 'Thinking Of Leaving Uk' After Budget

[webbo3]

The first of many I bet, Tax the rich..the rich "bye bye"

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Pound plunges as borrowing costs rise - with economists warning its a 'big red flag'

The value of the pound has slid to a nine-month low after government borrowing reached its highest level in 27 years. 

The currency dropped as much as 1.2% against the dollar to $1.233 - the lowest since April last year. 

That fall came as yields on government bonds, known as gilts, spiked higher, with 30-year gilt yields up 10 basis points (bps) on the day at 5.36%.

The 10-year yield was also up 12 basis points at 4.8% - the highest reading since the 2008 financial crisis.//

2008, who was in power in 2008?

[Pegasus16]

Here is what the £/USD looks like on a chart :(

Note a sample of UK shares in the right hand watchlist box are all red (negative), a daily event since this rudderless incompetent UKGov took office!

https://ibb.co/cTkPPDw