Business
Pound crashes to record low against the dollar as UK tax cut plans rattle investors
The pound plunged almost 5% to $1.0350 during Asian trading Monday, beneath its previous 1985 low. The UK government’s tax-cutting has spooked investors, and a minister hinted Sunday more cuts are coming. Analysts said the Bank of England may need to make an emergency interest rate hike to support the pound. Loading Something is loading.… […]